Since the 1990s, the global polysiloxane industry has developed rapidly. From 2008 to 2018, the global polysiloxane production capacity has increased from 1.502 million tons / year to 2.548 million tons / year, and the production has increased from 1.113 million tons to 2.10 million tons, with an average compound growth rate of 5.43% and 6.37% respectively. In the past decade, the global polysiloxane production growth mainly comes from China. In the future, there are still many new polysiloxane production capacity in China It is planned that in 2023, the global polysiloxane production capacity will reach 3092000 tons / year, and the output will reach 2.68 million tons.
As China's economic one belt, one road, and the "China made 2025" and the "one belt and one way" national strategy have been steadily promoted, SAGSI expects that the consumption of polysiloxane in China will continue to grow at a medium high speed, with an average annual growth of 8.36% over the 2018-2023 years and 1 million 560 thousand tons in 2023.
Based on this, new materials online specially launched the Research Report on silicone industry in 2020, which is for the reference of industry insiders:
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