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China is expected to become the fastest growing market for organic silicon consumption in 2018
Oct 13, 2018

China is expected to become the fastest growing market for organic silicon consumption in 2018


    Silicone materials have been developing rapidly over the past 60 years, and new varieties and new uses have been continuously developed, becoming a new type of technology-intensive industry that plays an important role in the national economy and people's livelihood.


    The silicone industry has maintained a growth rate of 6% after 60 years of global development. It has not shown obvious cyclicality, and China's organic silicon industry has developed more rapidly.


    After more than 20 years of independent development and construction, China's organic silicon industry has developed rapidly. The application fields of organic silicon products are becoming more and more extensive. China has also become the world's largest consumer of organic silicon products, and the output of organic silicon has also leapt to the forefront of the world.


    In recent years and for a long time to come, the strongest demand for silicones comes from Asia. The demand growth center will be China and the Pacific region, with an average annual growth rate of 10%-15%. With China Electronics and Electronics, In the development of construction, machinery, metallurgy, automotive, chemical, textile, medical and other industries, the consumption of organic silicon in China will continue to grow at a growth rate of more than 20% and become the fastest growing market in the world.


    By 2018, the market demand for LED packaging industry in China exceeds 6,000 tons, solar cells require more than 7,000 tons of silicone adhesives, and the demand for organic silica gel for wind power generation amounts to about 5,000 tons.


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