LATEST UPDATES
More Details
Dec. 2020
Press Release
In the future, thanks to the continuous expansion of the application scope of silica gel and the huge demand potential of emerging market countries, the consumption of silica gel will continue to maintain a medium-to-high speed growth. Taking organic silicon as an example, according to WACKER’s annual report, the per capita consumption of organic silicon is basically proportional to the level of per capita GDP, and the growth of organic silicon demand in low-income countries is more elastic to income growth.
At present, the per capita consumption of organic silicon in China is about 0.7kg, while developed countries and regions such as Europe, the United States, and Japan are close to 2.0kg. There is still a lot of room for improvement in China’s per capita consumption of organic silicon. The increase in the per capita consumption of organic silicon has driven the growth of the market size of organic silicon.
In 2021, China will be the country with the highest industrial silicon production in the world, accounting for 77.74% of the world’s total production, far exceeding other countries and regions. Brazil, Norway, and the United States account for 5.2%, 5.12%, and 2.17% respectively. China is the largest producer of raw materials, and the supply of raw materials for the silicone industry is sufficient, occupying a dominant position in the global supply chain.
Oct. 2020
Information
Inorganic silica gel has the characteristics of strong adsorption, can quickly and effectively absorb moisture in sealed packaging, stable chemical properties, non-toxic and harmless; continuous innovation and development, various inorganic silica gels have been widely used in drug purification, DNA separation, food drying, High-precision electronics, advanced cosmetics, sewage purification, beer purification, advanced coatings and resin production or preservation, etc. In our daily life and production and business activities, inorganic silica gel is often used in the following aspects:
At present, the largest proportion of organic silica gel consumption in China is in the fields of construction, electronic appliances, electric power and new energy, medical care and personal care.
It is estimated that in the next five years, among the numerous downstream application fields of organic silica gel, construction, electronic appliances, textiles, and personal care will still be the main application areas of organic silica gel. The market demand for organic silica gel in energy-saving and environmental protection industries such as photovoltaics and new energy will increase. To maintain medium and high-speed growth, ultra-high voltage and ultra-high voltage power grid construction, 3D printing, smart wearable devices and other emerging fields will be one of the future market growth points and breakthrough points for organic silicone.
At present, the per capita consumption of organic silicon in China is about 0.7kg, while developed countries and regions such as Europe, the United States, and Japan are close to 2.0kg. There is still a lot of room for improvement in China’s per capita consumption of organic silicon. The increase in the per capita consumption of organic silicon has driven the growth of the market size of organic silicon.
In 2021, China will be the country with the highest industrial silicon production in the world, accounting for 77.74% of the world’s total production, far exceeding other countries and regions. Brazil, Norway, and the United States account for 5.2%, 5.12%, and 2.17% respectively. China is the largest producer of raw materials, and the supply of raw materials for the silicone industry is sufficient, occupying a dominant position in the global supply chain.
FREE ESTIMATION
Request A Quote
Welcome to consult Ruuipon silicone products and mold customization services
