Catalysts are used in industries such as environment pollution control, automotive, oil refinement, production of high resistance polymers and many others.
30 out of the 50 most important materials made by the chemical industry are made using catalytic reactions.
The market of costly and rare catalysts has grown about 100% in the last 10 years and projections are very positive. The market of Platinum as a catalyst has reached a value of over USD 41.000.000.000.
The price of precious catalysts, in particular of Platinum, has more than doubled in the last 4 years.