Carbon-based materials have several qualities that make them attractive as catalysts for speeding up chemical reactions. They are low-cost, lightweight and their high surface area provides a good scaffold on which to anchor catalysts, keeping them stable and dispersed far apart, while providing molecules a lot of surface area to work. This makes carbons useful for energy storage and sensors. Over the last 10 years, carbons have been used in electrochemistry to catalyze reactions to make chemicals and fuel cells.
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Source: Phys.org