The silicone sealant market has obvious oversupply and the industry has small profit margins.
Silicone sealant is a paste-like silicone product produced with dimethylsiloxane as the main raw material. Silicone sealant has strong adhesion and tensile strength. It also has the advantages of weather resistance, moisture resistance, earthquake resistance, and easy processing. It has a wide range of applications and is mainly used in construction, photovoltaic, wind power, automobiles, electronics and other fields. The market Demand is higher.
Silicone sealants can be divided into ordinary sealants and structural adhesives. Structural adhesives are mainly used in the construction field and have higher product performance requirements. According to the chemical properties of the materials, silicone sealants can be divided into three types: deacidification type, dealcoholization type, and deketoxime type. Among them, deacidification type products have higher demand in domestic applications. As my country’s urbanization process continues to accelerate in recent years, the demand for silicone sealants in the construction field continues to rise, and the industry has developed rapidly.
my country’s annual silicone sealant consumption is approximately 700,000 tons, of which the construction sector accounts for approximately 60%. Globally, silicone sealants are also mainly used in the construction field. Currently, the demand for silicone sealants in the construction field in the United States accounts for 45%, and that in Europe is 42%. The application of silicone sealants in the construction field includes three major parts: building curtain walls, insulating glass processing, door and window sealing, and decoration. Among them, building curtain walls have a higher demand for silicone sealants, accounting for about 45%, followed by door and window sealing. and decoration, accounting for 36%, and insulating glass processing accounting for 19%.
According to the “In-depth Market Research and Investment Strategy Suggestions Report on Silicone Sealant Industry 2021-2025” released by the Industrial Research Center, In terms of production, there are hundreds of domestic silicone sealant manufacturers. Representative manufacturers include Silicon Technology, Siland, Jitai Chemical, Baolongda, Baiyun Chemical, etc. my country is a major producer of silicone sealants. The current annual production capacity is more than 1.8 million tons, the output is about 1.5 million tons, the annual consumption is about 1.3 million tons, and the market size is 21.5 billion yuan. my country is a net exporter of silicone sealant, with annual export volume of approximately 380,000 tons and import volume of approximately 90,000 tons.
The current domestic silicone sealant market shows serious overcapacity at the low end, and some high-end products have been imported. However, driven by high-end industries such as electronics, photovoltaics, and aerospace, the market demand for high-end silicone sealants with special properties continues to rise. The size of my country’s silicone sealant market will still show a growth trend in the future, and is expected to reach more than 30 billion yuan by 2025. .
Industry analysts said that after decades of development, the current silicone sealant industry has entered a mature stage, and the domestic market currently shows production capacity Serious surplus and fierce market competition. Although the domestic silicone sealant industry has overcapacity, the demand for high-end special products still relies on imports. In the future, with the high-end development of downstream industries, the market demand for high-end silicone sealants will rise, and the market size may show a growth trend.