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April 20th, 2004
Healthy growth expected for nanocatalysts
The global market for nanocatalysts will amount to $3.7 billion in 2004 and is expected to reach $5.0 billion in 2009, according to a soon-to-be-released market research. Nanocatalysts represent the convergence of a mature technology - catalysts - with a new one - nanotechnology. The extent of the catalyst market is not apparent to the casual observer because catalysts are mostly used in intermediate processing steps, but catalysts are a multi-billion dollar industry.
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