Several factors contribute to the cost of catalysts:
Material Costs: Precious metals like platinum, palladium, and rhodium are commonly used in catalysts, making them expensive. Manufacturing Process: The complexity and energy requirements of synthesizing catalysts can add to their cost. Lifetime and Stability: Longer-lasting catalysts reduce the frequency of replacement, impacting overall cost. Regeneration and Recycling: The ability to regenerate or recycle catalysts can reduce long-term costs.
