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Advanced Catalysts-- Global Overview of Technological Developments
Frost & Sullivan, March 2004
As countries throughout the world introduce legislation to reduce sulfur content in gasoline and diesel as a part of environmental regulations for refineries, the refinery catalyst business is expected to get a boost. The Environmental Protection Agency (EPA) regulations in the United States aim to reduce gasoline sulfur levels to 15 to 30 parts per million (ppm) by 2005. Diesel sulfur content is also to be reduced to 15 ppm in highway vehicles by 2006. Emission regulatory acts such as the Clear Air Act require refineries to drastically cut down gaseous and particulate emissions. The European Union and Japan aim to reduce sulfur levels in both gasoline and diesel to 50 ppm by 2005 and to less than 10 ppm by 2009. As a result, the coming years could prove to be a boom time for catalyst manufacturers - provided they introduce efficient catalysts at the right time. ‘Drop-in’ catalysts suitable for the existing refinery setup and selective catalytic reduction (SCR) technology are expected to be the preferred choices for the petroleum industry.
This study comprehensively presents and assesses the latest technological R&D taking place across the global catalysts market. The research covers developments at universities, R&D centers of leading companies, and other research institutions in the United States, Europe, and Asia. Additionally, segment-wise discussions are provided on the various drivers and restraints that govern the use of catalysts in chemicals, polymers, petroleum refining, and environmental applications.
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