The global silicone industry has a long history of development. Silicone products are now ubiquitous in the market and have gradually entered daily household life. From the invention of silicone tubes in the 18th century to the thriving silicone industry today, the industry has undergone a transformation from non-existence to complexity.

Despite a late start, China's silicone industry has rapidly grown, leveraging its large consumer market and raw material supply market, making China the primary production and sales market for silicone globally. 

Global Production of Organic Silicone Reaches 2.6 Million Tons

Currently, organic silicone comprises a significant portion of the global silicone market. According to market tracking data published by Global Market Insights, the global production of organic silicone was 1.65 million tons in 2014, increasing to 2.6 million tons by 2019, with a compound annual growth rate (CAGR) of 9.5%.

Global Sodium Silicate Market Size Reaches 9.6 Billion USD

Inorganic silicone, mainly sodium silicate products, also plays a crucial role. Market tracking data from Global Market Insights reveals that the global sodium silicate market size was 9 billion USD in 2016, rising to 9.6 billion USD by 2019, with a CAGR of 2%.

Continuous Growth in the Global Organic Silicone Market

The global organic silicone market size was 15.3 billion USD in 2016, expanding to 18.5 billion USD by 2019, with a CAGR of 6.5%, according to Global Market Insights.

Organic silicone includes four main product categories: silicone rubber, silicone oil, silicone resin, and silane coupling agents, with silicone rubber being the largest segment.

The global silicone rubber market size was 7.6 billion USD in 2016, increasing to 9.8 billion USD by 2019, with a CAGR of 8.8%.

China as the Major Production and Sales Market for Silicone

China is currently the largest producer and sales market for inorganic silicone, with its market size accounting for 59.38% of the global market.

Additionally, China has abundant raw materials for producing organic silicone, making it a major global production area. China's production of organic silicone accounts for 64.8% of the global output.

The above data is sourced from the Qianzhan Industry Research Institute's "China Silicone Industry Market Demand and Investment Planning Analysis Report."