PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Legislative Influences Catalyse Growth in European Catalysts Market - New analysis from Frost & Sullivan, European Markets for Catalysts, finds that the European emission control catalyst market earned revenues of $2,500 million in 2006 and estimates this to reach $3,484.2 million in 2013
Legislative Influences Catalyse Growth in European Catalysts Market

 

NewswireToday - /newswire/ - London, United Kingdom, 2007/10/15 - New analysis from Frost & Sullivan, European Markets for Catalysts, finds that the European emission control catalyst market earned revenues of $2,500 million in 2006 and estimates this to reach $3,484.2 million in 2013.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment/Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Chemical processing catalysts and emission control catalysts in Europe are experiencing different growth rates due to the difference in their end applications. While the former market is approaching saturation, the latter is experiencing significant opportunities in the automotive and other industries due to stringent legislative influences.

New analysis from Frost & Sullivan (chemicals.frost.com), European Markets for Catalysts, finds that the European emission control catalyst market earned revenues of $2,500 million in 2006 and estimates this to reach $3,484.2 million in 2013. The chemical processing catalyst market earned revenues of $1,020 million in 2006 and expects to reach $1,277.3 million in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the European Markets for Catalysts, then send an email to Vanessa Quezada - Corporate Communications at vanessa.quezada[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information via email upon receipt of the above information.

"Legislative emphasis on the reduction of nitrogen oxides, hydrocarbons and other particulate matters from automobile exhausts and industrial plants are set to influence the European emission control catalyst market in a big way," says Frost & Sullivan Research Analyst Sowmya Ramaswami. "As a result of legislative directions, it is becoming essential for industries to use catalysts to minimise the volumes of contaminants discharged."

The European Commission has introduced directives such as The Clean Air for Europe (CAFÉ) programme to increase focus on improving air quality in Europe by reducing emissions from automobiles and other sources. Other initiatives such as the Euro IV and Euro V standards are also likely to promote wider application of emission control catalysts in Europe.

The performance of these catalysts which are commonly based on precious and base metals is another factor driving their growth. Precious metals such as platinum, palladium and rhodium play a major role in three-way catalytic processes that are vital in controlling nitrogen oxide levels in petrol engines. However, base metal catalysts such as vanadium are used in selective catalytic reduction techniques, which are best suited for emission control in diesel trucks and buses.

Yet, high prices of precious metals could prove to be a hindrance to the growth of the emission control catalyst market. High raw material costs substantially add to production costs, posing a major challenge to catalyst manufacturers.

Another restraint to market growth is the high fuel costs in Europe, which is forcing many petrochemical manufacturers to consider establishing new production facilities in regions such as the Middle East, where the fuel costs are relatively lower. This trend toward establishing production capacities in other countries has affected the growth potential of the chemical processing catalyst market.

"Although manufacturers are expanding their business to regions such as Middle East to compensate for the high fuel and labour costs and legislative pressures, Europe still continues to house the largest chemical manufacturers in the world," says Sowmya Ramaswami. "This suggests that catalysts will continue to find applications in chemical processes as long as Europe remains the major producer of chemicals."

European Markets for Catalysts, part of the Chemicals Growth Partnership Services program, which also includes research in the following markets such as Construction Chemicals, Bio fuels and so on. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Environment/Recycle Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Environment/Recycle articles,
CATCH Visitors via Your Competitors Announcements!


Legislative Influences Catalyse Growth in European Catalysts Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Vanessa Quezada 
210.477.8427 vanessa.quezada[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Environment/Recycle via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Environment/Recycle Most Recent Related Newswires:

Frost & Sullivan Lauds Evoqua's Exceptional Turnaround Times and Product Quality in the Mobile Water Treatment Market
Agilyx Introduces Public Monthly Plant Tours
Veolia Chosen to Engineer and Deliver A Large Scale Wastewater Treatment Plant for Aramco’s Jazan Refinery in Saudi Arabia
NACWA Recognizes Veolia and Three Municipal Partners for Superior Environmental Compliance
Lewatit and Lewabrane to Treat Nile water
Canadian Refinery to Recycle its Water with GE’s Wastewater and Chemical Treatment Technologies
Veolia Completes Final 'Green Steam' Milestone with Reconfiguration of Kendall Cogeneration Station
Agilyx Introduces Chemical Recycling of Waste Polystyrene At APEC Meeting
Canadian Oil Refinery to Reuse 100 Percent of Water with GE’s Wastewater Treatment Technology
Frost & Sullivan Highlights Green Worx's Commitment to Sustainability by Creating Environmentally Friendly Cleaning Products
Innovative Upcycling of Food Waste Expands Opportunities for Food Waste Management Finds Frost & Sullivan
Veolia Builds Training Facility At its Pennsylvania Nuclear Services Site
New London, Connecticut Extends Partnership with Veolia and Implements New Utility Billing Program
Veolia Closes Acquisition of Chemours' Sulfur Product Assets
Frost & Sullivan Acclaims NuWater’s Strong Customer Service Model for the Modular and Mobile Industrial Waste Water Treatment Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)