Global Industrial Catalysts Market to Grow at a CAGR of 5.2% During Forecast 2016-2020
Catalysts accelerate a chemical reaction by providing an alternative route with lower activation energy. This results in a higher reaction rate for the same reactant concentrations and at the given temperature compared with uncatalyzed reactions. Industrial catalysts are used extensively in industrial processes, including petroleum refining, chemical synthesis, petrochemicals and polymers, environment protection reactions, and during the production of petrochemical products.
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