Despite its potential, monetizing catalysis comes with its own set of challenges:
R&D Costs: Developing new catalytic processes often requires substantial investment in research and development. The high costs can be a barrier for smaller companies. Intellectual Property: Protecting catalytic innovations through patents can be complicated and costly. Additionally, there is always the risk of intellectual property theft. Market Competition: The catalysis market is highly competitive, with many established players. New entrants often face significant hurdles in gaining market share. Regulatory Hurdles: Compliance with environmental and safety regulations can add layers of complexity and cost to the commercialization of catalytic technologies.
