Owners in the field of catalysis face several challenges, including:
High R&D Costs: Developing new catalytic processes can be expensive and time-consuming. Regulatory Hurdles: Meeting regulatory standards can be challenging, especially for new and innovative processes. Market Competition: There is often significant competition in the market, making it difficult to establish and maintain a competitive edge. Intellectual Property Infringement: Protecting intellectual property from infringement can be a complex and ongoing challenge.
