Following Xinyue and Dow, global silicone giant Wacker has also announced joining the price hike. Starting from April 2025, all products shipped by Wacker will undergo price increases ranging from 10% to 20%. Wacker's production bases in China are located in Nanjing, Zhangjiagang, Jiangsu and Shunde, Guangdong, and are one of the largest and most advanced organic silicon production bases in the world.

The arrival of this price increase wave marks that the silicone industry is facing unprecedented market pressure. On the one hand, the continuous rise in raw material prices has led to an increase in production costs; On the other hand, the promotion of carbon neutrality targets has limited capacity expansion, further exacerbating the supply-demand imbalance in the market.
Wacker stated that this price increase is a necessary adjustment made in response to rising costs and market changes. At the same time, Wacker will continue to increase research and development investment to improve product performance and quality to meet customer needs.
Industry insiders believe that Wacker's price increase will trigger a chain reaction, driving up prices in the entire silicone industry. It is expected that the domestic silicone market will continue to maintain an upward trend in the coming period.