Can market demand fluctuations affect catalytic processes?
Yes, market demand fluctuations for end-products can significantly impact the economic feasibility of catalytic processes. For instance, a decline in demand for petroleum products due to shifts towards renewable energy can reduce the need for certain catalytic processes in the petrochemical industry. Conversely, increased demand for sustainable products can drive the adoption of green catalytic processes. Companies must be agile and adaptable to changing market dynamics to manage this risk effectively.
