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Catalysts increase the speed of a reaction without taking place in the reaction themselves. This is very useful in industry as it means that chemicals can be made much faster through usually slow chemical reactions, and as the catalysts don't take part in the reaction themselves, they can be reused as much as its needed. Examples of catalysts in industries include the use of the biological catalysts enzymes to brake down substrates in baby foods into smaller simpler molecules.

Catalysts lower the activation energy required for a reaction to occur. This will mean that more molecules will have the energy to react. Catalysts allow equilibrium to be established quicker. Catalysts in general lower reaction temperatures leading to lower production costs.

Catalysts add to cost e.g. palladium in catalytic converters. Catalysts can be poisoned by waste products eg. Sulphur in petrol and oil can reduce the properties of catalytic converters.

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