Recently, a key development has emerged in the global silicone market. International industry giant Dow Chemical announced a 10%-20% price increase starting in December, while major domestic producers simultaneously reached a consensus to jointly cut production by 30%. This "internal and external linkage" is seen by the market as a strong signal of a shift in the industry's supply and demand relationship.


China is the core of global silicone production capacity, accounting for 76% of global capacity by the end of 2024. In recent years, the industry has experienced price adjustments due to capacity expansion. Currently, while supply is actively contracting, demand is shifting from the traditional construction sector to emerging fields such as photovoltaics, new energy vehicles (using seven times the amount of traditional vehicles), and humanoid robots, driving a revaluation of the industry. Market analysis indicates that the industry's prosperity is expected to bottom out and rebound.

Products-IOTA