What are the potential solutions to these challenges?
Several strategies are being developed to address the challenges associated with rare and expensive catalytic materials:
Catalyst Recycling: Recovering and reusing precious metals from spent catalysts can help mitigate supply issues and reduce costs. Alternative Materials: Research is ongoing to find more abundant and less expensive materials, such as transition metals, that can perform similarly to precious metals. Catalyst Design: Advances in nanotechnology and catalyst design are enabling the development of more efficient catalysts that require smaller amounts of precious metals.