In 2024, the global silicone market will continue to grow, showing strong development momentum. Organosilicon, as a compound containing silicon-carbon bonds (Si-C) and at least one organic group directly connected to a silicon atom, is widely used in many fields because of its unique physical and chemical properties.
This year, China continued to be the world's largest producer and consumer of organic silicon, and its market size continued to expand. According to statistics, China's organic silicone materials market size is expected to reach 2.828 million tons in 2024, showing strong market demand. The application of organic silicon materials in construction, electronic appliances, energy and electricity, medical and health and other fields continues to rise. Especially in the fields of new energy and new energy vehicles, the application prospects of organic silicon materials are particularly broad.
Technological innovation is an important driving force for the development of the silicone industry. In recent years, domestic silicone companies have achieved remarkable results in technology research and development, and have continuously launched high-performance, environmentally friendly silicone material products, improving product competitiveness. At the same time, significant progress has been made in the integration of upstream and downstream industrial chains and in the construction of industrial parks, laying a solid foundation for the sustainable development of the industry.