2023 Global Organic Silicon Production Capacity Is Expected To Reach 3.651 Million Tons

According to monitoring data, in 2020, the global organic silicon production capacity will exceed 3 million tons/year (in terms of siloxane, the same below), an increase of 155,000 tons/year year-on-year, and all new production capacity in 2020 will be concentrated in China.

2019 Global silicone distribution

China's organic silicon production capacity expansion plans are very aggressive in the future. If all the new projects are successfully completed and put into operation, the global silicone production capacity will increase by more than 60% to 4.915 million tons/year, while China's silicone production capacity will increase by nearly 130% to 3.399 million tons/year. By then, China's organic silicon production capacity will increase from 50% increased to nearly 70%. However, there is a big uncertainty as to whether the newly planned projects can be completed and put into production. According to industry professionals, the capacity of the above-mentioned projects that can be completed and put into production is about 650,000 tons/year. It is estimated that in 2023, the global organic silicon production capacity will reach 3.651 million tons/year, and China's organic silicon production capacity will reach 2.289 million tons/year.

Silicone material is a high-performance new material that is indispensable for cutting-edge technology. Due to its excellent physical and chemical properties, adding a small amount of silicone material to conventional materials will usually significantly improve the physical and chemical properties of ordinary materials. Feiyue, therefore, is also known as "Industrial MSG", and its application has promoted technological change and development in many fields. Among them, the applications in cosmetics, automobiles, construction, electronic appliances are closely related to our daily lives. On the other hand, new applications continue to emerge in new energy, energy saving, environmental protection, medical and health, and high-end manufacturing, especially in solar cells, LEDs, aerospace, personal care products, rail transit, and alternative petroleum-based products. Get rapid development.

It is expected that the global organic silicon demand will continue to grow rapidly in the future, and the main driving factors include: global economic recovery. With the expansion of the scope of new crown vaccination, the impact of the epidemic on the world will gradually fade in the future, and a greater recovery of the global economy will be a high probability event, which will drive the growth of silicone demand.