The price volatility of raw materials has several implications for the field of catalysis:
Cost Management: Fluctuating prices make it difficult for companies to predict and manage costs, impacting profitability. Supply Chain Disruption: Sudden price increases can lead to shortages, disrupting production schedules and supply chains. Innovation and Research: High and unpredictable costs may limit the resources available for research and development in new catalytic processes and materials. Sustainability Goals: Price volatility can hinder efforts to develop sustainable and environmentally friendly catalytic processes.