Pajarito Powder experienced excellent sales growth in 2018. Growth across all principle market regions was good, but exceptional in Asia (130+% growth), as well as North America.
2018 reflected strong growth across the three major product lines: Catalyst sales, utilizing our Engineered Catalyst Support (ECS) sported a 40% gain over 2017, while Precious-Metal-Free (PMF) catalysts sales rose by 75% and new Engineered Electrolyzer Catalysts (EEC) sales leapt by 600% (they were only introduced late in 2017).
Growth in 2018 within the largest customer segment, Automotive OEMs and Suppliers leapt over 2017 totals. The segment grew over 132% in 2018. Just as important, the average order size within the segment increased by over 54%.
Also of note was the large increase (54%) in average order size from the segment.