Current Situation of Silicone Industry

2024-07-25

It was reported on March 19 that CATL is considering a site selection for a US$5 billion battery factory, which will eventually employ as many as 10,000 workers. CATL executives reportedly flew to Mexico for a meeting earlier this month. CATL’s new North American plant will produce nickel-manganese-cobalt and lithium iron phosphate batteries to supply Tesla and other automakers, two people familiar with the matter said. However, Ningde Times has not responded to this news. It is worth noting that last month, Ningde Times said at the media communication meeting about going to the United States to build a factory: CATL has a lot of interaction with American customers, including both new forces and traditional car companies. The two sides jointly discussed various possible supply and cooperation plans, as well as the possibility of localized production, but the specific situation needs to consider worker training, The impact of factors such as efficiency and labor unions on quality and cost.

For a long time, the downstream product of silicone rubber in China is silicone rubber, and the terminal application field of silicone rubber is the construction industry. This structure will continue in the short term. In the past two years, China's real estate industry has developed rapidly. The demand for silicone products in the building curtain wall and coating industry is increasing year by year. At the end of the two sessions in 2014, the impact of new urbanization began to be reflected. The National New Urbanization Plan (2014-2020) was authorized and released by Xinhua News Agency. The plan puts forward the development goal, that is, "the urbanization rate of the permanent population reaches about 60%, and the urbanization rate of the registered population reaches about 45%."

In recent years, more and more silicone companies have begun to pay attention to the development of high value-added products and new products. In various high-end fields, such as medicine, fine electronics, etc., silicone products have begun to be applied. The dependence of imported silicone products has begun to weaken, and with the continuous improvement of technology, the proportion of silicone products in the high-end industry will increase.