How does the market demand for specific catalysts influence their cost?
Market demand for specific catalysts can significantly influence their cost. High demand for particular catalysts, driven by their widespread use or superior performance, can lead to increased prices due to supply constraints. Conversely, catalysts with lower demand may be less expensive but might not offer the same level of performance or efficiency. Market dynamics, including competition among suppliers and technological advancements, also play a role in determining catalyst prices.
