According to the statistics of the Prospective Industry Research Institute, in 2010, the production capacity of China's catalyst industry was 216000 tons, with a capacity utilization rate of 65%. With the elimination of outdated production capacity, the capacity utilization rate of China's catalyst industry is gradually increasing. In 2019, China's catalyst production capacity was approximately 502000 tons. As a heavy chemical industry, with the further deepening of supply side reform in 2020, it is estimated that the growth rate of production capacity in 2020 and 2019 will remain unchanged, with a production capacity of 510000 tons. The consumption of chemical catalysts in China is directly related to the production of chemical products. According to forward-looking calculations, the consumption of chemical catalysts in China in 2020 was over 420000 tons, with a year-on-year growth rate of about 2%.