China Organic Silicon Industry Development Opportunities
Silicone is an important part of the new chemical materials industry. It is an important basic material for the development of the seven strategic emerging industries proposed by the State Council. It has many irreplaceable functions of other chemical materials and is a true "industrial vitamin" and " Science and technology catalyst." Automotive Bearings,Automotive Wheel Bearings,Auto Parts Wheel Hub Bearing,Automotive Alternator Bearing Shijiazhuang Longshu Mechanical & Electrical Equipment Trading Co., Ltd. , https://www.longsbearings.com
China's organic silicon industry has formed a high-tech industry with numerous production enterprises, complete product categories, high correlation with other industries, and great development potential and market prospects. At present, the production technology level of organic silicon monomers is close to the international advanced level. Relying on domestic technology, the production capacity of organic silicon monomer in China has rapidly expanded in recent years. At present, China's organosilicon upstream product (silicone monomer) has basically saturated, and the main downstream products basically meet the market demand.
In recent years, the consumption of organic silicon in China has maintained an average double-digit growth rate, and it has now become the world’s second largest consumer after the United States. In the global silicone industry chain, China is the most important upstream raw material supplier and the most important downstream product market. As a leading company in the domestic silicone industry, Bluestar Group actively implements a “go global†strategy, acquires the organic silicon business of French Rhodia, and has become one of the top five organic silicon companies in the world. China's organic silicon industry is gradually changing from a big resource country and a big market country to a big industrial country.