Trade in catalysis is crucial for several reasons:
Innovation: It promotes the sharing of innovative catalytic technologies and methods. Efficiency: Access to state-of-the-art catalysts can improve the efficiency of industrial processes, leading to reduced energy consumption and lower costs. Sustainability: High-performance catalysts can help in developing greener processes that minimize environmental impact. Economic Growth: The trade of catalytic products and technologies contributes to the economic development of both exporting and importing countries.