Forecast analysis of China's silicone output and industry development prospects in 2023
Issuing time:2023-05-30
Organic silicon has excellent performance and is widely used in fields such as electronics, electrical appliances, aviation, aerospace, construction, textiles, pharmaceuticals, daily chemicals, etc. It is an indispensable material for social and economic development and progress in national life and death levels. Meanwhile, driven by the rapid development of industries such as semiconductors, new energy, and 5G, the production and demand of organic silicon have further increased. The data shows that the production of organic silicon in 2022 is approximately 1.5 million tons. The China Business Industry Research Institute predicts that the production of organic silicon is expected to increase to 1.65 million tons by 2023.
Prospects for the development of organic silicon industry
1. National industrial policies promote industry development
From the perspective of national laws, regulations, and industrial policies guiding the development of the organic silicon deep processing industry, the country has adopted a policy of encouraging and introducing new organic silicon deep processing products, while limiting and phasing out outdated organic silicon upstream monomer production capacity. It is estimated that due to the favorable industrial policies of the country, the prospects of China's organic silicon industry are promising.
2. The application scope of organic silicon is constantly expanding to drive industry development
The application scope of organic silicon is constantly expanding. With the development of technology and the transformation and upgrading of economic structure, the application scope of deep processing of organic silicon, especially the application scope of high-tech products, is constantly expanding. Emerging industries such as 5G communication, new energy, and consumer electronics are showing a vigorous development trend. The rapid improvement and upgrading of end user products and supporting infrastructure have greatly driven the growth of demand for organic silicon products in the upstream of the industrial chain. At the same time, with the increase in national income and the popularization of consumption promotion, consumers' demand for daily chemical products has become increasingly diversified, especially for female consumers who pursue higher quality products and services. Cosmetic companies with the "other economy" as the main market often transform their products and consumption concepts, stimulating the growth of demand for female cosmetic products in a positive response way, It also brings an increase in organic silicon products upstream of the industrial chain.
3. Enhancing Industrial Concentration and Promoting the Optimization of Organic Silicon Industry Structure
In recent years, with the guidance of national industrial policies, the tightening of environmental protection policies, and years of abundant market competition, the industrial concentration of China's organic silicon industry has become increasingly high. Large enterprises in the industry rely on their advantages such as scope, capital, and technology to obtain a larger market share, while a group of small and medium-sized enterprises and outdated production capacity that consume high raw materials and energy, lack environmental protection investment, and are severely polluted have been gradually phased out, The industrial structure of the entire organic silicon industry has been significantly improved and optimized.