US demand for polymerization catalysts will grow 5.5 percent annually through 2009 based on increased polymer production -- especially polypropylene and linear low density polyethylene -- and the expanding use of higher-value catalysts. Ziegler/Natta catalysts will remain dominant while metallocenes and other single-site catalysts grow the fastest.

This study analyzes the $848 million US polymerization catalyst industry. It presents historical demand data for 1994, 1999 and 2004 plus forecasts to 2009 and 2014 by catalyst type (e.g., Ziegler/Natta, reaction initiator, urethane, chromium, single-site); and by resin (e.g., polyolefins, synthetic rubber).

The study also considers market environment variables, details industry structure and company market share, and profiles leading competitors including Akzo Nobel, WR Grace, BP, Albemarle, Basell, Total, Degussa, and Crompton.

                           TABLE OF CONTENTS
                                    
  
  SECTION                                                          PAGE
  
         INTRODUCTION                                              viii
  
   I.    EXECUTIVE SUMMARY                                            1
  
  II.    MARKET ENVIRONMENT                                           4
         General                                                      4
         Macroeconomic Overview                                       5
         Demographic Trends                                           8
         Consumer Spending Trends                                    10
         Manufacturing Trends                                        12
         Plastics Industry Overview                                  15
         Rubber Industry Overview                                    17
         Thermoplastic Elastomer Industry Overview                   20
         Catalyst Industry Overview                                  22
         Historical Trends                                           24
         Pricing Trends                                              27
         Environmental & Regulatory Trends                           29
         Foreign Trade                                               32
         International Activity                                      33
         
 III.    OVERVIEW                                                    36
         General                                                     36
           Merchant Market Demand                                    38
           Captive Demand                                            40
         Demand by Formulation                                       42
           Organometallic Catalysts                                  45
           Chemical Catalysts                                        46
           Metal Catalysts                                           49
           
  IV.    DEMAND BY TYPE                                              52
         General                                                     52
         Ziegler/Natta Catalysts                                     55
           Ziegler/Natta Catalyst Demand                             56
              Conventional Ziegler/Natta Catalysts                   58
              Advanced Ziegler/Natta Catalysts                       59
           Ziegler/Natta Catalyst Producers                          60
         Organic Peroxides                                           61
           Organic Peroxide Demand                                   62
           Organic Peroxide Producers                                63
         Urethane Catalysts                                          64
           Urethane Catalyst Demand                                  65
           Urethane Catalyst Producers                               67
         Chromium Catalysts                                          68
           Chromium Catalyst Demand                                  68
           Chromium Catalyst Producers                               70
         Single-Site Catalysts                                       70
           Single-Site Catalyst Demand                               72
           Single-Site Catalyst Producers                            75
         Other Polymerization Catalysts                              76
           Other Polymerization Catalyst Demand                      77
           Other Polymerization Catalyst Producers                   78
         
   V.    DEMAND BY RESIN                                             79
         General                                                     79
         Polyolefins                                                 82
           Polypropylene: Overview                                   84
              Polypropylene: Technology & Producers                  86
              Polypropylene: Catalyst Demand                         87
           High Density Polyethylene: Overview                       90
              High Density Polyethylene: Technology & Producers      92
              High Density Polyethylene: Catalyst Demand             94
           Linear Low Density Polyethylene: Overview                 97
              Linear Low Density Polyethylene: Technology & 
                Producers                                            98
              Linear Low Density Polyethylene: Catalyst Demand      100
           Low Density Polyethylene: Overview                       102
              Low Density Polyethylene: Technology & Producers      103
              Low Density Polyethylene: Catalyst Demand             104
         Other Plastics: Overview                                   105
           Other Plastics: Technology & Producers                   106
           Other Plastics: Catalyst Demand                          107
         Synthetic Rubber & Other Elastomers                        112
           Synthetic Rubber                                         113
           Other Elastomers                                         115
           
  
  VI.    INDUSTRY STRUCTURE                                         117
         General                                                    117
         Market Share                                               120
           Akzo Nobel                                               121
           WR Grace                                                 122
           BP                                                       123
           Albemarle                                                123
           Other Leaders                                            124
         Industry Restructuring                                     124
         Cooperative Agreements                                     126
           Licensing Agreements                                     127
           Joint Ventures                                           130
           Other Cooperative Agreements                             132
         Research & Development                                     135
         Competitive Strategies                                     136
         Manufacturing                                              139
         Marketing & Distribution                                   140
         Company Profiles                                           142
           Air Products and Chemicals Incorporated                  143
           Akzo Nobel NV                                            144
           Albemarle Corporation                                    146
           Arkema, see Total
           Atofina SA, see Total
           Basell NV                                                148
           BASF AG                                                  149
           Borealis A/S                                             150
           BP plc                                                   152
           Chevron Phillips Chemical Company LLC                    154
           CPChem, see Chevron Phillips Chemical
           Crompton Corporation                                     156
           Degussa AG                                               158
           Dow Chemical Company                                     160
           DuPont (EI) de Nemours                                   162
           DuPont Dow Elastomers LLC                                164
           Eastman Chemical Company                                 165
           Engelhard Corporation                                    166
           Equistar Chemicals LP, see Lyondell Chemical                
           Exxon Mobil Corporation                                  168
           Formosa Plastics Group                                   170
           Grace (WR) & Company                                     171
           Huntsman Corporation                                     172
           Innovene, see BP
           Johnson Matthey plc                                      174
           Lyondell Chemical Company                                175
           NOVA Chemicals Corporation                               178
           Novolen Technology Holdings CV, see Lyondell Chemical
           OM Group Incorporated                                    180
           PQ Corporation                                           182
           Peroxid-Chemie, see Degussa
           Solvay SA                                                183
           Sunoco Incorporated                                      184
           Total SA                                                 185
           Univation Technologies LLC                               187
           Westlake Chemical Corporation                            189
         Other Companies Mentioned in Study                         191
  
  
  
    
                            LIST OF TABLES
                                    
    TABLE NUMBER                                                   PAGE
  
  
         SECTION I -- EXECUTIVE SUMMARY
         Summary Table                                                3
  
         SECTION II -- MARKET ENVIRONMENT
    1    Macroeconomic Indicators                                     8
    2    Demographic Indicators                                      10
    3    Consumer Spending Activity                                  12
    4    Manufacturers  Shipments                                    15
    5    Plastic Resin Supply & Demand                               17
    6    Rubber Supply & Demand                                      20
    7    Thermoplastic Elastomer Supply & Demand                     22
    8    Process Catalysts Demand                                    24
    9    Polymerization Catalyst Historical Trends, 1994-2004        26
   10    Polymerization Catalyst Pricing Trends                      29
  
         SECTION III -- OVERVIEW
    1    Polymerization Catalyst Supply & Demand                     38
    2    Merchant Market Demand for Polymerization Catalysts         40
    3    Captive Polymerization Catalyst Demand                      41
    4    Polymerization Catalyst Demand by Formulation               44
    5    Organometallic Catalyst Demand                              46
    6    Chemical Catalyst Demand                                    48
    7    Metal Catalyst Demand                                       51
  
         SECTION IV -- DEMAND BY TYPE
    1    Polymerization Catalyst Demand by Type                      54
    2    Ziegler/Natta Catalyst Demand                               58
    3    Organic Peroxide Demand                                     63
    4    Urethane Catalyst Demand                                    67
    5    Chromium Catalyst Demand                                    69
    6    Single-Site Catalyst Demand                                 75
    7    Other Polymerization Catalyst Demand                        78
  
         SECTION V -- DEMAND BY RESIN
    1    Polymerization Catalyst Demand by Resin                     81
    2    Polyolefin Demand for Polymerization Catalysts              83
    3    Polypropylene Supply & Demand                               86
    4    Polypropylene Demand for Catalysts                          90
    5    High Density Polyethylene Supply & Demand                   92
    6    High Density Polyethylene Demand for Catalysts              96
    7    Linear Low Density Polyethylene Supply & Demand             98
    8    Linear Low Density Polyethylene Demand for Catalysts       101
    9    Low Density Polyethylene Supply & Demand                   103
   10    Low Density Polyethylene Demand for Catalysts              105
   11    Other Plastics Supply & Demand                             106
   12    Other Plastics Demand for Polymerization Catalysts         108
   13    Synthetic Rubber & Other Elastomers Demand for Catalysts   113
   14    Synthetic Rubber Demand for Catalysts                      115
   15    Other Elastomers Demand for Catalysts                      116
  
         SECTION VI -- INDUSTRY STRUCTURE
    1    US Polymerization Catalyst Sales by Company, 2004          119
    2    Selected Acquisitions & Divestitures                       126
    3    Selected Licensing Agreements                              128
    4    Selected Polymerization Process Joint Venture Agreements   132
    5    Other Cooperative Agreements                               134
  
  
  
    
                           LIST OF CHARTS
                                   
    CHART NUMBER                                                   PAGE
  
  
         SECTION II -- MARKET ENVIRONMENT
    1    Polymerization Catalyst Historical Trends, 1994-2004        26
    2    World Polymerization Catalyst Demand by Region, 2004        35
  
         SECTION III -- OVERVIEW
    1    Polymerization Catalyst Demand by Formulation, 2004         44
  
         SECTION IV -- DEMAND BY TYPE
    1    Polymerization Catalyst Demand by Type, 2004                55
  
         SECTION V -- DEMAND BY RESIN
    1    Polymerization Catalyst Demand by Resin, 2004               81
    2    Polyolefin Demand for Polymerization Catalysts, 2004        84
  
         SECTION VI -- INDUSTRY STRUCTURE
    1    Polymerization Catalyst Market Share, 2004                 121