Catalyst is described as any substance that increases the rate of a reaction without itself being consumed. Discuss a modern and recent application of a catalyst used in a chemical reaction.
a - The commercial or trade name of the catalyst.
b - The properties of the catalyst (e.g., shape, size, color, price).
c - The advantages and disadvantages of the chosen catalyst.
d - Catalytic reaction (e.g., the reactant, product, reaction equation, phase, selectivity, promoter, catalyst support, operating temperature & pressure). Provide all the citations and a list of references.