The US anti-subsidy investigation on electric vehicles in China has affected upstream materials, and the increase in tariff costs for automotive silicone resins has caused Tesla's Shanghai factory to turn to Wanhua Chemical for procurement. Against the background of the trade war, the application of domestic silicone resins in battery packaging and autonomous driving sensors has surged, and the market size will exceed 8 billion yuan in 2023. At the same time, the 3D printing trend brought by AI painting tool Midjourney has spawned demand for new photocurable silicone resins, and domestic companies are scrambling to lay out this track. Industry analysts warn that the United States may include silicone in the Entity List, and the supply chain of high-end electronic-grade silicone resins is facing a crisis of disruption.
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