NEW YORK, Oct. 8, 2015 /PRNewswire/ -- The goal of this report is to provide an up-to-date understanding of how catalysts contribute to meeting the energy needs of the U.S. and world global economies while helping to prevent environmental degradation and remediating adverse environmental impacts as they occur.

Use this report to:
- Learn how catalysts contribute to meeting the energy needs of the U.S. and global economies.
- Evaluate the technical and other challenges that must be overcome for the market to realize its full potential.
- Analyse the market for catalysts used in petroleum refining.
- Receive information about the factors that will influence the long-term development of the market.

Highlights
- The global market for energy and environmental catalysts totaled $25.7 billion in 2014. This market is expected to grow at a compound annual growth rate (CAGR) of 5.6%, from nearly $27.3 billion in 2015 to nearly $35.8 billion by 2020.
- Environmental catalyst as a segment should total nearly $19.9 billion in 2015 and nearly $24.7 billion by 2020, at a CAGR of 4.4% from 2015 to 2020.
- The global market for energy catalysts is expected to grow at a CAGR of 8.6%, from nearly $7.4 billion in 2015 to $11.1 billion by 2020.

Introduction & Scope

INTRODUCTION

STUDY BACKGROUND
This report is an update of an earlier BCC Research report published in 2010. Meeting rising energy requirements and protecting the environment are among the most
important applications of catalyst technology. Broadly speaking, a catalyst is a substance that increases the rate of a chemical reaction by reducing the required
activation energy, but which is left unchanged by the reaction. The petroleum industry is the largest single user of catalysts, especially in the production of refined products such as gasoline and diesel fuel. Catalysts also contribute to increasing the supply of petroleum by making it commercially possible to produce oil from sources once regarded as uneconomical, such as tar sands and heavy oil deposits. Catalysts are also being used to produce increasing quantities of synthetic oil and gas from coal and oil shale.

Catalysts are also at the forefront of technologies such as fuel cells and photovoltaic cells, which are being developed to replace conventional fossil fuels. They indirectly
contribute to increasing energy supplies by expanding the efficiency with which hydrocarbon and other fuels are utilized. Energy consumption is a major source of pollution (e.g., automobile and industrial emissions), along with other waste-generating activities. Many people consider the prevention of climate change and other forms of environmental degradation to be a greater priority than increasing energy supplies.

Catalysts are indispensable to many types of environmental remediation, from vehicle emissions control systems to industrial effluent and municipal waste treatment. They
also contribute indirectly to reducing pollution and other adverse environmental impacts, such as through cleaner-burning fuels and the production of products, including refrigerants that pollute less than the substances they replace.

REPORT GOALS AND OBJECTIVES
The goal of this report is to provide the reader with an up-to-date understanding of how catalysts contribute to meeting the energy needs of the U.S. and global economies
while helping to prevent environmental degradation and remediating adverse environmental impacts as they occur. Specific objectives include:
- Characterizing the current energy and environmental catalyst market in both quantitative and qualitative terms.
- Identifying segments of the energy and environmental markets with the greatest commercial potential in the near to mid-term (2015 to 2020).
- Identifying and quantifying the major demand drivers of energy and environmental catalysts where possible.
- Describing existing and new catalyst technologies under development to meet market requirements.
- Projecting future demand for different types of energy and environmental catalysts.
- Evaluating the technical and other challenges that must be overcome for the market to realize its full potential.

INTENDED AUDIENCE
This report is intended especially for manufacturers and vendors of catalysts used in energy and environmental applications. Other readers who should find the report
particularly useful include entrepreneurs, investors, venture capitalists and other readers with a need to know the direction in which these key segments of the catalyst
market are headed over the next five years. This report should also be of interest to end users such as motor vehicle manufacturers, whose technology road maps may make critical assumptions regarding the availability and performance of different catalyst types. The same is true of government agencies and officials responsible for monitoring energy production, consumption and pollution levels.

Other readers who should find the report particularly useful include members of technical and professional organizations, such as the American Chemical Society. Finally, the report's findings and conclusions should be of interest to the nanotechnology community, including government nanotechnology programs such as the U.S. National Nanotechnology Initiative, inasmuch as many of the most-promising energy and environmental catalysts are nanocatalysts.

SCOPE OF REPORT
This report addresses the global market for energy and environmental catalysts, including catalysts used in the following:
- Production of crude oil and gas from unconventional sources such as tar sands and heavy oil reservoirs.
- Synfuels production (e.g., coal liquefaction/gasification, shale oil).
- Oil recycling.
- Alternative fuels production (e.g., hydrogen).
- Other emerging energy technologies, such as fuel cells and photovoltaic cells.
- Increasing fuel efficiency (e.g., fuel additives that increase burn efficiency).
- Avoiding or reducing environmental damage.

Mitigating or remediating adverse environmental impacts after they occur. This report also covers the market for catalysts used in petroleum refining. The market for refinery catalysts, however, is covered in less detail because it is already analyzed in a separate BCC Research report, CHM027C—Petrochemical (Petroleum and Chemical) Catalysts.

The study is organized around the following major topics:
- Executive summary.
- Overview (e.g., definitions, history, market segmentation).
- Characteristics of energy and environmental catalysts, those existing as well as those under development.
- Current and potential catalyst applications in energy and environment.
- Patent analysis.
- Global market trends from 2014 to 2020.
- Factors that will influence the long-term development of the market.
- Industry structure and market shares.
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