China Business Information Network: Since the 1990s, the global organic silicon industry has developed rapidly. From 2013 to 2017, the global polysiloxane production increased from 1.62 million tons to 2 million tons, with an average annual compound growth rate of 5.8%.


In the past ten years, the increase in global polysiloxane production capacity has mainly come from China. Affected by factors such as raw materials, costs, and markets, overseas production capacity has grown slowly. At present, the global polysiloxane production capacity is mainly concentrated in China and developed countries and regions such as Western Europe, North America, Japan, and South Korea. In the future, there are still many new plans for China's polysiloxane production capacity. It is estimated that the total global polysiloxane production capacity will reach 3 million tons per year in 2022, and the output will reach 2.5 million tons.




Data source: collated by China Business Industry Research Institute


From 2013 to 2017, the global polysiloxane production capacity increased from 2.32 million tons / year to 2.5 million tons / year, with an average annual compound growth rate of 5.3%. From the perspective of capacity utilization, it is maintained at 70% -80%, and the capacity utilization is high.




Data source: collated by China Business Industry Research Institute


Global organic silicon consumption maintains rapid growth


Organic silicon is a high-performance new material. Due to the extensive downstream demand, the growth rate of organic silicon demand has always been higher than the global GDP growth rate. Statistics show that the annual global compound silicon demand growth rate is about 5%, while the IMF (International Monetary Fund) global GDP growth rate is only 3.55%.


According to the prediction report of the organic silicon market, the world organic silicon market will maintain an average annual growth rate of 6% in 2017-2022, and the market size will increase from US $ 14.2 billion in 2017 to US $ 19 billion in 2022. There are two main reasons for the growth of the organic silicon market in the future: first, organic silicon is showing its superior performance and playing a role in an increasingly broad field; Consumer demand for organic silicon has maintained rapid growth. Taking silicone liquid glue as an example, the application of this product in medical devices will promote further growth in the global demand for this product. The second reason has an important relationship with the fast-growing demand in emerging markets such as Asia Pacific, the Middle East, and Africa. Emerging market countries have low per capita GDP, and there is still a large gap and growth prospects for per capita consumption of organic silicon compared to developed countries, which will greatly increase the market demand for organic silicon.


There is still huge demand potential in emerging market countries


Statistics show that the consumption of organic silicon per capita is basically proportional to the level of GDP per capita, and that the growth of demand for organic silicon in low-income countries has greater elasticity to income growth. At present, per capita consumption of organic silicon in emerging market countries such as China is less than 1 kg, while developed countries and regions such as Western Europe, North America, Japan, and South Korea are close to 2 kg. With the economic development in the future, the demand for organic silicon consumption in emerging market countries still has huge growth potential. Asian markets represented by China and India, with large population bases and low per capita consumption, will become the main global silicone demand in the future. Growth area.