The Aluminum nickel based Raney nickel catalyst is used mostly for is its unique property of substituting C-S bonds with C-H bonds and this property is heavily exploited in the refinery processing of shale gas.
The Aluminum nickel market based Raney nickel catalyst is used mostly for is its unique property of substituting C-S bonds with C-H bonds and this property is heavily exploited in the refinery processing of shale gas. The shale gas boom in the United States led to the increase in demand for aluminum catalyst in the refining process of shale to produce natural gas and other fuel derivatives from shale. Moreover, the exponential growth of fuel cells and other renewable energy sources has triggered the demand for aluminum-nickel catalysts such as the Raney catalysts due to its unique catalytic oxygen reduction reaction. Overall, the applications of aluminum nickel catalysts range from polymerization processes, refining processes, manufacturing of rubber additives, insecticide intermediates, pharmaceuticals and potential drugs for curing malaria, etc
What are Aluminum Nickel Catalysts?
Aluminum Nickel Catalysts are fine particles of an aluminum-nickel alloy and is also popularly known as the Raney nickel catalyst. It features high catalytic performance in hydrogenation reactions which are applied in the production of rubber additives, insecticide intermediates, and most importantly in the refinery processing of shale gas.
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Market Research and Market Trends of Aluminum Nickel Catalysts Market
- A Japanese University named Waseda has developed a revolutionary process to obtain ether products from esters with the help metal catalysts like the aluminum nickel catalyst. This innovation has potential to treat malaria and cancer, thus indicating a possible increase in demand for raw material like the nickel based catalysts worldwide. Cancer is the leading cause for mortalities in the world with an estimated 9 555 027 deaths globally in 2018. This would clearly gain the attention of major pharmaceutical companies to develop new treatments for cancer and malaria, indirectly leading to a robust growth of the aluminum nickel catalyst market
- BASF SE and Norilsk Nickel recently agreed to cooperate on supplying raw materials involving nickel based catalysts for the production of battery materials. BASF plans to invest €400 million in manufacturing high quality battery and fuel cells in the European continent. This would imply advances in cathode based battery materials and most importantly securing an efficient and robust supply chain within the European continent to cut down additional trade costs.
- Researchers at the North Carolina State University in collaboration with the Air Force Research Laboratory have been aiming to boost surface area of nickel nanoparticles for efficient catalysis. In order to cut costs, increase efficiency and maximize product yield, increasing the surface area is the highlighting feature of any catalyst. This innovation is the answer to reducing production costs while maximizing efficiency and yield for manufacturers, as more surface area available means lesser quantity of aluminum catalyst needed.
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Who are the Major Players in Aluminum Nickel Catalysts Market?
The key players in the Aluminum Nickel Catalysts market are BASF SE, Alfa-Aesar, Axens, Merck KGaA, Evonik Industries AG and Hangzhou Jiali metal Technology Co. Ltd.
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