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Processing catalysts are chemical compounds used to increase the rate of chemical reactions in industrial processes. They are used in a wide range of industries, including oil and gas, petrochemicals, pharmaceuticals, and food and beverage. Processing catalysts are used to improve the efficiency of chemical reactions, reduce energy consumption, and reduce the amount of waste generated. They can also be used to increase the yield of a reaction, improve product quality, and reduce production costs.
Processing catalysts are typically composed of metals, such as nickel, cobalt, and iron, as well as other elements, such as sulfur, phosphorus, and chlorine. They are available in a variety of forms, including powders, granules, and pellets.
The processing catalyst market is highly competitive, with a number of companies offering a wide range of products. Some of the major players in the market include BASF, Johnson Matthey, Albemarle Corporation, Clariant, and Evonik Industries. Show Less Read more