Food-grade silicone has a wide range of applications and the Winter Olympics will drive rapid growth in demand

Food-grade silica gel is a silica gel product that can directly come into contact with food. It is an inorganic polymer material made of silicic acid condensation. The main component is silica. It is non-toxic, tasteless, chemically stable, resistant to high and low temperatures, and highly safe. Advantages: it can be used to produce infant products. Food-grade silicone needs to meet relevant certification standards, including but not limited to US FDA certification, German LFGB certification, Chinese food-grade GB4806 certification, etc.

According to the “2021-2025 Food Grade Silicone Industry In-depth Market Research and Investment Strategy Suggestion Report” released by the Industrial Research Center, food Grade silica gel has high transparency, high softness, good elasticity, tear resistance and long service life. It can be widely used in baby pacifiers, children’s toys, water cups, fresh-keeping lids, kettles, coffee pots, soymilk machines, water dispensers, food molds, etc. In product manufacturing, it is widely used in daily life. Divided according to application fields, silica gel can be divided into industrial-grade silica gel, food-grade silica gel, pharmaceutical-grade silica gel and other types. Compared with industrial-grade silica gel, food-grade silica gel has a higher technical content and a relatively smaller number of production companies.

my country is the world’s largest producer of inorganic silica gel, with more than 30 domestic manufacturers. In 2021, the global inorganic silica gel market size will be approximately US$9.97 billion, and China’s inorganic silica gel market size will account for about 62% of the global total. Among inorganic silica gel products, food-grade silica gel is an important component. Against the background of the continuous upgrading of public health concepts, there is a strong demand for high-security containers and toy materials, which is beneficial to the development of the food-grade silica gel industry.

Abroad, food-grade silica gel manufacturers mainly include American Multisorb, Swiss Clariant, etc.; domestically, food-grade silica gel manufacturers mainly include Hongye Silica Gel, Honglin Silica Gel, Ruida Silica Gel, Zhongsheng Silica Gel, Kotelli, etc. As people’s safety awareness increases, in addition to the large use of food-grade silica gel in the fields of food and beverage containers and children’s toys, the proportion of food-grade silica gel used in non-children’s toys and non-food containers with high daily contact is also rising rapidly, which has given rise to related production Provide enterprises with greater room for development.

In February 2022, the 24th Winter Olympics will be held in Beijing. “Bingdundun” is the mascot of this Winter Olympics. The demand for its related peripherals is booming, and it is “hard to find”. After the Spring Festival in 2022, the first On one trading day, the “Bingdundun” concept stocks hit the daily limit one after another, and orders for dolls skyrocketed. It is expected that the sales of related licensed products will reach more than 2.5 billion yuan during the Winter Olympics cycle. The shell of the “Bingdundun” doll is made of food-grade silicone. Only the demand in this area around the Winter Olympics mascots will drive the rapid growth of my country’s food-grade silicone market in 2022.

Industry analysts said that food-grade silica gel has a wide range of applications in daily life. As residents’ health and safety concepts continue to improve, its The application fields are still expanding, and the global market size continues to grow. Compared with industrial-grade silica gel, the production technology of food-grade silica gel is higher. In comparison, the number of domestic production companies is small, so there is a tight supply of toys surrounding the mascots of the 2022 Winter Olympics. However, with the end of the Winter Olympics, the demand for food-grade silicone will decline. Capacity expansion or new entrants need to have a deep understanding of the market before making investments.