What Role Does the Private Sector Play in Catalysis?
The private sector plays a pivotal role in advancing the field of catalysis. Companies invest significantly in research and development (R&D) to create more efficient and cost-effective catalytic processes. These advancements enable industries to produce chemicals, pharmaceuticals, and fuels more sustainably. Private firms often collaborate with academic institutions and government agencies to drive forward innovative solutions that address global challenges, such as energy efficiency and environmental sustainability.
