SUPER CATALYST MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)
One of the main challenges faced by this market is the high costs associated with advanced catalyst development. Developing new and innovative catalysts that can drive higher performance and efficiencies for various reactions often requires significant investments in R&D. Extensive research, testing, and trials need to be conducted to design catalyst compositions at a molecular level that can withstand high pressures and temperatures during chemical processes. Additionally, setting up dedicated research facilities, hiring experts in the field of materials science and chemistry also contributes to the rising development costs.
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