Abstract: A catalytic reactor constructed of a thermally conductive housing defining a reaction zone having disposed therein: (a) a plurality of catalytic elements, each comprising a porous material having a catalyst supported thereon, and (b) a plurality of heat transfer elements, each comprising a porous, thermally conductive, and essentially catalytically inactive material; wherein the plurality of catalytic elements and the plurality of heat transfer elements are disposed in an alternating configuration within the reaction zone. The catalytic reactor is useful in chemical reactions where heat transfer is a rate limiting step.