There are several strategies to mitigate the higher initial costs associated with catalysis:
Collaborative Research: Partnering with academic institutions or other companies can spread the R&D costs and accelerate the development process. Government Grants: Many governments offer grants and incentives for research in innovative technologies, including catalysis. Scalability: Investing in scalable manufacturing processes can reduce costs as production volumes increase. Alternative Materials: Researching and developing catalysts from more abundant or less expensive materials can help lower costs.
