How Do Regulations Impact Catalysis Research and Industry?
The restrictions on catalytic materials significantly impact both research and industry:
- Innovation in Catalysis: Researchers are continuously seeking alternative materials that can replace restricted catalysts. This drives innovation towards more sustainable and less toxic options.
- Economic Implications: Restrictions can lead to increased costs for industries that rely on these materials, affecting everything from automotive manufacturing to chemical production.
- Supply Chain Management: Companies must develop strategies to manage the supply of restricted materials, including recycling and recovery processes to mitigate dependence on virgin resources.