Intelligence Report-Business Shifts in the Global Catalyst Industry 2009-2015
The “Intelligence Report 2010” An Opportune Time to Reset Expectations & Implement Changes
It is clear that 2010 marks the beginning of a new decade. Fortunately, it appears that things have begun to change from the difficult 2008-09 period, with the worldwide recession and financial crisis (mostly) behind us! As a result, it is an opportune time to reset expectations and pragmatically implement changes for 2010-11 and beyond. For this reason, a subscription to this year’s “Intelligence Report,” TCGR’s market assessment and technology evaluation of the catalytic process industries is worthwhile. The opportunities in producer, licensor and enduser markets have changed and TCGR’s report recalibrates both its statistics and analyses to reflect these expectations. Our 2010 “Intelligence Report” is a vital reference for all of your business segments, as it has been for the last 26 years!
We know you are familiar with this industry “gold standard” report and its ability to go beyond important statistical benchmarking to provide competitive insight and analysis vital to endusers in the refining, petrochemical/chemical, polymer, specialty/fine chemicals and environmental markets. This 2010 edition, which we completed in May, is no exception!
In order to add value/perspective(s) beyond our traditional industrial coverage, the 2010 edition includes a Special Feature section (Section VII) on the role of catalytic and membrane technologies in addressing the challenges of CO2 and greenhouse gases (GHG). Specifically, the report highlights the technological developments being achieved in two key areas: (1) CO2 capture and clean-up; and (2) CO2 conversion to products. In the area of capture/clean-up, the progress in membrane technologies is analyzed; in the area of CO2conversion, advancements in catalytic approaches for the generation of CO2-based chemicals are assessed. As usual, we provide insights that are unique and valuable enough to constitute, in effect, a report within a report.
The Intelligence Report addresses key topics such as:
- The refining industry’s progress towards maximizing feedstock value by optimizing technology choices and improving process efficiencies while still addressing impacts from alternative fuels and feedstocks.
- Despite pressures on refinery margins, the refining industry’s ability to gain and hold onto notable price increases and volume growth, particularly in selected hydroprocessing (e.g., HDS) and hydrocracking applications.
- Unlike in the fuels sector, the recession in the petrochemical and chemical areas is significant and persistent. Nonetheless, a return to volume growth in the medium term (2010 and beyond) promises gains in alternative routes to olefins (e.g., MTO), including thermochemical routes to syngas and chemicals regardless of feedstock (e.g., biomass, petcoke, etc.). The overhang of capacity additions in petrochemicals, nonetheless, is expected to impact returns for an extended period. Providing constructive insight is crucial.
- Regional factors, such as those caused by an ever-expanding Chinese appetite for raw materials and manufacturing assets as well as an increasing role of Middle Eastern sources in both feedstocks and catalysts, will continue to impact how and where technology development takes place. Downstream investments, beyond fuels and polymers (to include sophisticated process technologies for F-T, CTL, glycols and other intermediates) are well underway with significant implications.
- Last but not least are the pending deliberations on CO2 emissions and the impacts that restrictions will have on how (or where) fuels are processed, which fuels are made and what other chemicals are affected. Efficiency gains via technology improvements will be a factor, but will not be sufficient to address the breadth and depth of legislation (regionally and/or globally).
Understanding these strategic shifts makes The Intelligence Report more important than ever for catalyst companies, process technology licensors and their customers.
As “The Intelligence Report” has done in the past, it provides new business and technology perspectives, including:
- Comprehensive, concise and more detailed than ever industry statistics on adjusted catalyst volumes and values including forecasts
- Producer-and user-specific developments in production and technology, including alliances, ventures and acquisitions/divestitures
- Identification of new growth opportunities across the value chain (raw materials, licensing, logistics, technology, etc.)
- Assessment of geographical, technological and competitive gaps
- Analysis and recommendations leading to specific actionable items
Rapid change requires a significant re-assessment of business strategies in order to achieve success. Let us help you to capture the advantage!