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Sep 25, 2023

Analyzing The Outlook And Trends in The Silicone Market

At present, China's silicone rubber industry has matured, the chain effect has begun to appear, and many silicone rubber products are widely used in people's daily production and life, indicating that the future development of China's silicone industry is very good.

 

With the breakdown of silicone rubber in some non-tire areas to replace other rubber, its consumption will increase exponentially, the market space will be further opened.

 

It can be seen that the development prospects of the silicone industry are considerable. The silicone industry is a capital-intensive, high-tech industry compared with labor-intensive industries, silicone raw materials are mainly used in electronic and electrical appliances, medical equipment, baby products, and other large-scale industries. Covering a wide range, many former rubber products will be gradually replaced by silicone.

 

China has become the world's main production and sales market of silica gel

The global silicone industry has a long history of development, silicone products can be found everywhere in the market, and have gradually entered the daily life of the family, from the 18th century, the beginning of the invention of silicone tubes to today's silicone industry booming, the silicone industry has experienced from scratch, from simple to complex process, China's silicone industry, although the start of the late, relying on the larger consumer market and raw material supply market, China has become the world's main production and sales market of silicone. The main production and sales market.

 

China has been the world's major production and sales market of silica gel

At present, China is the world's largest inorganic silica gel production and sales region, China's inorganic silica gel market size accounts for a proportion of the global market size of 59.38%.

 

At the same time, China has a wealth of organic silicone production of basic raw materials, so China has become the world's main production area of organic silicone, China's organic silicone production accounted for a proportion of the global organic silicone production 64.8%.

 

At present, silicone has been gradually replacing plastic and rubber, widely used in various industries and scenarios, such as the medical industry, household goods, gifts and crafts, accessories for clothes, shoes, and hats, children's toys, adult products, kitchen and home and so on, in the future, the space for the development of silicone will be further expanded.

 

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