Do chemical catalyst companies make a lot of money?
The profitability of chemical catalyst companies varies from company to company, but the overall industry outlook is relatively optimistic.
Overall profitability of the industry
The overall profitability of the chemical catalyst industry is relatively optimistic. Taking China Catalyst as an example, it achieved a revenue of 667 million yuan in 2024, a year-on-year increase of 21.23%; The net profit attributable to the parent company was 146 million yuan, an increase of 89.21% year-on-year. By the first quarter of 2025, the operating revenue will reach 199 million yuan, a year-on-year increase of 0.05%; The net profit was 40.7129 million yuan, an increase of 16.10% year-on-year. In addition, Kaida Catalysis expects a net profit growth rate of 59.31% to 106.67% in 2024, mainly due to cost control, business expansion, and technological innovation.
industry prospect
The prospects of the chemical catalyst industry are broad, and market demand continues to grow. Catalysts are key technologies in core industries such as petrochemicals, and are known as the "chips" of the chemical industry. This industry has high technical and qualification certification barriers, long product certification cycles, and strong customer stickiness. The global catalyst market is expected to continue expanding, especially in the field of precious metal catalysts, where there is a vast space for import substitution. Domestic enterprises are gradually narrowing the gap with their international counterparts.
Major companies in the industry and their market share
In the chemical catalyst industry, the market share of major companies is as follows:
Haixin Energy Technology has the largest market share, with a revenue of 6.807 billion yuan in 2022, accounting for 23%.
Kaida Catalysis: The operating revenue of its chemical catalyst business was 1.983 billion yuan, accounting for 7%.
Kaili New Materials: The operating revenue of its chemical catalyst business was 1.849 billion yuan, accounting for 6%.
