Several factors drive market expansion in the catalysis industry:
Technological Advancements: Innovations in catalyst design and production processes can open new applications and improve process efficiencies. Environmental Regulations: Stricter regulations on emissions and waste management create demand for advanced catalytic solutions. Economic Growth: Industrial growth in emerging economies increases the demand for catalytic processes in manufacturing and energy sectors. Energy Sustainability: The push towards renewable energy sources and more efficient energy use drives the need for catalytic technologies.
