The importance of Grubbs catalysts lies in their ability to mediate a variety of metathesis reactions, including ring-closing metathesis (RCM), ring-opening metathesis polymerization (ROMP), and cross metathesis (CM). These reactions are fundamental in the synthesis of complex organic molecules, pharmaceuticals, and polymers. The catalysts are prized for their robustness, ease of handling, and ability to operate under mild conditions.