What are the Key Areas Affected by Regulatory Changes?
Regulatory changes can affect several key areas: 1. Environmental Impact: Regulations often focus on reducing pollutants and improving sustainability. This impacts the types of catalysts used and the processes they facilitate. 2. Safety Standards: Safety regulations ensure that the production and use of catalysts do not pose risks to human health. 3. Material Restrictions: Some materials may be restricted or banned due to their toxicity or environmental harm, necessitating the development of alternative catalysts. 4. Intellectual Property: Changes in patent laws can affect the protection of innovative catalysts and processes.