We apply ideas from renormalization theory to models of cluster formation i
n nucleation and growth processes. We study a simple case of the Becker-Dor
ing system of equations and show how a novel coarse-graining procedure appl
ied to the cluster aggregation space affects the coagulation and fragmentat
ion rate coefficients. A dynamical renormalization structure is found to un
derlie the Becker-Doring equations, nine archetypal systems are identified,
and their behaviour is analysed in detail. These archetypal systems divide
into three distinct groups: coagulation-dominated systems, fragmentation-d
ominated systems and those systems where the two processes are balanced. Th
e dynamical behaviour obtained for these is found to be in agreement with c
ertain fine-grained solutions previously obtained by asymptotic methods. Th
is work opens the way for the application of renormalization ideas to a wid
e range of non-equilibrium physicochemical processes, some of which we have
previously modelled on the basis of the Becker-Doring equations.