The Arrhenius equation is essential for understanding how temperature influences the reaction rate constant. The equation is given by: k = A * exp(-Ea/RT) where 'k' is the rate constant, 'A' is the pre-exponential factor, 'Ea' is the activation energy, 'R' is the gas constant, and 'T' is the temperature in Kelvin. Catalysts effectively lower the 'Ea' term, making the exponential factor larger and thus increasing 'k'.