Friday, January 13, 2017

Estimating Future Catalyst Revenues

An Internet search found estimated 2015 global revenues for the three major categories of catalysts.  The categories and revenues are: refining catalysts - $5 billion; environmental catalysts - $7.5 billion; and chemical processing catalysts - $4.8 billion.  These amounts were found in of market study descriptions on the Internet.

Using these estimated 2015 revenues, projected global revenues for each catalyst category were computed for 2016 to 2020.  These computed revenues are shown in the following tables:


revenues refining catalysts
2015
 $              5,000,000,000


2016
 $              5,075,000,000


2017
 $              5,151,125,000


2018
 $              5,228,391,875


2019
 $              5,306,817,753
Used in calculating CAGR:

2020
 $              5,500,000,000
1.60%

revenues environmental catalysts
2015
 $     7,500,000,000


2016
 $     7,695,000,000


2017
 $     7,895,070,000


2018
 $     8,100,341,820


2019
 $     8,310,950,707
Used in calculating CAGR:

2020
 $     8,750,000,000
2.6%

revenues chemical processing catalysts
2015
 $     4,800,000,000


2016
 $     5,054,400,000


2017
 $     5,322,283,200


2018
 $     5,604,364,210


2019
 $     5,901,395,513
Used in calculating CAGR:

2020
 $     6,550,000,000
5.3%

 
The computations were done using proxy compound annual growth rate values (CAGR).  For refining catalysts, the proxy CAGR is based on the increase in global oil and gas production from 2009 to 2014. (Click here to see these production values.)  I am assuming that the 2009 to 2014 CAGR value computed from this production data likely will be close to 2015 to 2020 production data CAGR increases and that the revenue growth in refining catalysts will closely correlate with growth in oil and gas production.

For an environmental catalyst CAGR, I used 2.6%, which is the estimated CAGR from 2015 to 2021 for global automotive production growth.  (Click here for the global automotive production CAGR.)  I am assuming that 2015 to 2020 global environmental catalyst revenue growth rates will closely correlate with automotive production CAGR, since automobiles are assumed to be the major use of environmental catalysts.

For global chemical processing catalyst revenues, I used 5.3%, which is the estimated CAGR for the global plastics market from 2014 to 2020.  (Click here to see this plastic CAGR value.)  I am assuming that 2015 to 2020 global chemical processing catalyst revenue growth rates will closely correlate with global plastic growth rates, since plastics are assumed to be the major use of catalysts in the chemical processing category of catalysts.

The 2015 and projected total global revenues for all three catalyst categories, found in the three tables above, are shown in the following table:


total revenues - three catalyst categories
2015
 $            17,300,000,000
2016
 $           17,824,400,000
2017
 $            18,368,478,200
2018
 $            18,933,097,905
2019
 $            19,519,163,973
2020
 $            20,800,000,000

These totals compare fairly will with amounts shown in the above referenced market studies.  This suggests that the proxy CAGRs, explained above, serve fairly well in projecting future catalyst revenues from an assumed current, correct value.


Monday, January 2, 2017

Chemical and Metal Shortage Alert – December 2016

The purpose of this blog is to identify chemical and metal shortages reported on the Internet.  The sources of the information reported here are primarily news releases issued on the Internet.  The issue period of the news releases is December 2016.

Section I below lists those chemicals and metals that were on the previous month’s Chemical and Metal Shortage Alert list and continue to have news releases indicating they are in short supply. Click here to read the November 2016 Chemical and Metal Shortage Alert list.

Section II lists the new chemicals and metals (not on the November alert).  Also provided is some explanation for the shortage and geographical information.  This blog attempts to list only actual shortage situations – those shortages that are being experienced during the period covered by the news releases.  Chemicals and metals identified in news releases as only being in danger of being in short supply status are not listed.

Section I.   Zinc:  global; mining not keeping up with demand
      
Section II.   Shortages Reported in December not found on the Previous Month’s List

Ash:  United Kingdom; production not keeping up with demand
Nitrous oxide:  United States; supply not keeping up with demand

Reasons for Section II shortages can be broadly categorized as: 

1.  Mining not keeping up with demand: none
2.  Production not keeping up with demand: ash
3.  Government regulations: none
4.  Sources no longer available: none
5.  Insufficient imports:  none
6.  Supply not keeping up with demand: nitrous oxide