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30 billion yuan! Silicone CDMO business is expected to grow substantially.

2021-12-03

According to public information, new competitors for 2022 silicone have emerged one after another, and the good days on the supply side are no longer. According to a source, an upstream brand company has invested 500 million yuan in the outsourcing model (CDMO) of compound rubber, silicone rubber, and liquid rubber, and is launching an offensive.

In the silicone industry chain, CDMO business is expected to grow significantly. Industry said: a number of foreign brand enterprises in this field lead, domestic with the advantage of raw material production to help foreign brands to achieve nearly half of the production outsourcing model (CDMO).

Industry institutions predict that the demand for overseas organic silicon orders from 2022 to 2025 will continue to be strong. In October, the export volume of organic silicon products reached 31,200 tons, an increase of 57% from the same period last year, mostly in the production outsourcing model (CDMO). According to sources, a brand company yesterday received a new batch of purchase orders from a large construction company in the United States, amounting to 200 million yuan. In the past twelve consecutive months, a total of 105 million yuan of orders for related products from this customer have been received. The purchase order received this time is a customized development and production (CDMO) service order related to the multi-functional innovative sealant.

With the development of the global silicone industry, CDMO is stepping into the era of rapid growth, from the previous CMO mainly based on single capacity output to the gradual transformation of CDMO mainly based on technology output. It is expected to reach 30 billion in 10 years with a compound annual growth rate of about 15.73%.

Xiamen Juguangli Import & Export Co., Ltd

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30 billion yuan! Silicone CDMO business is expected to grow substantially.

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