The development status of the silicone industry demonstrates strong growth momentum and broad market prospects. The following is a detailed overview of its current development:

Continuous Growth in Capacity and Production
In recent years, the capacity of China's silicone industry has grown rapidly, making it the largest producer of silicone globally. According to data, as of the end of 2024, the total global silicone capacity (converted to DMC) is approximately 4.518 million tons, with domestic capacity reaching 3.44 million tons, accounting for 76% of the total. The concentration of China's silicone industry remains high, and through multiple rounds of expansion, the total production capacity has significantly increased.

Diverse Range of Downstream Processed Products
Silicone downstream processed products primarily include silicone rubber, silicone oil, silicone resin, and silicone coupling agents. Among these, silicone rubber accounts for the largest proportion of production, at 70%. Silicone rubber can be further divided into room-temperature vulcanizing silicone rubber (RTV) and high-temperature vulcanizing silicone rubber (HTV), which are widely used in various fields such as electronics, electrical appliances, construction, textiles, pharmaceuticals, and daily chemicals.

Steady Growth in Market Demand
With the development of the national economy and the improvement of people's living standards, the application scope of silicone products has continuously expanded, and market demand has grown steadily. Especially in the fields of new energy and new energy vehicles, silicone materials have broad application prospects. At the same time, the export demand for silicone products has also increased significantly, with export regions continuously expanding.


Technological Innovation and Industrial Upgrading
In recent years, the domestic silicone industry has achieved a series of important results in technological innovation. Enterprises have increased investment in research and development, continuously launched high-performance and environmentally friendly silicone material products, and enhanced product competitiveness. At the same time, significant progress has been made in the integration of upstream and downstream industries and the construction of industrial parks, laying a solid foundation for the sustainable development of the industry.

In summary, the silicone industry exhibits strong development momentum and broad market prospects. In the future, with continuous technological advancements and changes in market demand, the silicone industry will face more development opportunities and challenges.

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