high initial costs

How Do High Initial Costs Impact the Industry?

High initial costs can have several impacts on the industry:
Barrier to Entry: Smaller companies or startups may find it challenging to enter the market due to the significant upfront investment required.
Return on Investment (ROI): Companies need to ensure that the long-term benefits and efficiencies gained from catalytic processes justify the initial expenditure.
Innovation: While high costs can be a deterrent, they can also drive innovation as companies seek more cost-effective and efficient catalytic solutions.

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