Composite catalysts are crucial in various industrial processes due to their superior performance. They offer several advantages: - Enhanced Activity: The combination of different materials can result in a higher catalytic activity. - Improved Selectivity: Composite catalysts can be tailored to favor the formation of desired products. - Stability: The inclusion of stabilizers can prolong the catalyst's lifespan. - Versatility: They can be designed for specific reactions, making them highly versatile.