Home > Press > Global Nanotechnology Market To Register Over US$20 Billion Revenue By 2011
Global Nanotechnology Market To Register Over US$20 Billion Revenue By 2011
London | Posted on June 23rd, 2010
Nanocatalysts are finding increased adoption in wide range of industries, thanks to their extremely small size and increased surface area of action, which allows them to exhibit superior catalytic activity than the traditional catalysts. Refinery, petrochemical, pharmaceutical, chemical, food processing and environmental applications are the major beneficiaries of nanocatalyst adoption.
Nanocatalysts offer superior selectivity control at molecular level in petrochemical processes. Their capability to increase the gasoline octane number, thereby offering premium quality fuel, is also proving to be the reason for their growing demand in this industry. Food processing industry is also one of the major markets for nanocatalysts.
Nanocatalysts in chemical industry represents a key end-use segment. Nanocatalysts, which can offer 100% selectivity to the desired product, are encouraging the chemical industry to control the production of their toxic wastage, and therefore finding an increased adoption in this industry. Chemical industry can also benefit from the enhanced rate of chemical reaction that nanocatalysts can offer.
These and other market data and trends are presented in "Nanocatalysts: International Technology & Market Trends". Our reports are designed to be most comprehensive in geographic coverage and vertical market analyses.
Nanocatalysts - International Technology & Market Trends:
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