Broad market prospects

According to the latest report released by a market research company, the global silicone market is expected to grow at a compound annual growth rate (CAGR) of approximately 6% per year, and the market size is expected to reach tens of billions of dollars by 2030. The Asia-Pacific region, especially China, Japan and South Korea, has become the main production and consumption market for silicone materials.

With the continuous breakthroughs in technology and the diversification of application fields, the future of the silicone industry is full of potential. Industry experts said that under the trend of green, intelligent and sustainable development, silicone materials will become an important driving force for upgrading and innovation in various industries.