Market - The market for catalytic converters reached US$6.7 billion in 2012 and is expected to grow to US$14.22 billion by 2019.* Further applications in the field of catalysts include Fischer-Tropsch, fuel cells, electrolysis.
Challenge – New generation catalysts can reduce harmful emissions (particulate air matter and nitrogen oxide - NOx) even at low temperatures (during the warm-up).
Product – Nanometal particles (iron, nickel, cobalt).
In development – We are currently working with a leading company in catalysts. We conduct ongoing scientific research in partnership with the German institute ZSW.
*Source: Frost and Sullivan, 2013