Since the beginning of this year, the silicone leather market has continued to heat up, with explosive growth in sales. Industry data shows that in the first half of 2025, the sales volume of organic silicone leather products will increase threefold compared to the previous period, and the year-on-year growth rate will exceed 100%, demonstrating strong market demand and industrial momentum.
The recently concluded 25th Shanghai China International Leather Exhibition comprehensively showcased the transformation and upgrading path of the silicone leather industry from "manufacturing" to "branding", further consolidating its position as a core platform for global leather industry resource docking and exchange. The industry generally believes that this exhibition not only opens up new foreign trade opportunities for silicone leather enterprises, but also becomes a concentrated display and strength release of China's silicone leather industry cluster.
The significant increase in the number of participating companies confirms the industry's popularity. Compared to last year when only about ten companies, including Sailkai, Greene, Meite, Xilu, Siyan, Xiligao, Sijia, Meishiya, Liangzhan, Ruiqi, etc., participated in the exhibition, this year the number of companies related to the organic silicon leather industry chain has rapidly expanded to more than 30, including new and old brands such as Xingfa, Keduo, Liguo, Ruijia, Yige, Yukai, Juhui, Langsheng, Meishu, Jishen, Naihe, Boer, Lulian, Ruifeng, Adio, Dinglishen, Shalit, etc. With more companies entering this market, silicone leather is gradually growing into a new market worth billions.
From the perspective of product characteristics, organic silicon leather, as a high-performance and environmentally friendly synthetic leather, has excellent properties such as no odor, strong weather resistance, easy cleaning, high and low temperature resistance (-60 ℃ to 200 ℃), chemical corrosion resistance (acid-base salt), high light resistance, repeatable disinfection, and high color fastness. It has become an important material to replace traditional leather in fields such as automotive interior, medical protection, baby and child products, furniture and home furnishings. From 2023 to 2024, the global organic silicon leather market will experience a compound annual growth rate of over 30%, indicating that the industry is still in its growth phase.
However, with the rapid development of the market, structural differentiation and intensified competition have also emerged. The mid to low end market (such as household goods and electronic consumption) has gradually entered a stage of fierce competition, with frequent "price wars" and continuous compression of corporate profit margins; In high-end application fields such as aviation, high-speed rail, medical equipment, and interior of new energy vehicles, there are obvious technological and financial barriers, which require higher R&D capabilities, certification thresholds, and sustainable investment from enterprises.
In the future, organic silicon leather enterprises need to continue to deepen in material innovation, process breakthroughs, and brand differentiation in order to maintain their advantages in fierce market competition and truly open up growth space in high value-added fields.
Quite a price! On Monday, the domestic organic silicon market showed an overall stable to strong operating trend, with major individual companies such as Hesheng and Luxi continuing to maintain their pricing strategies, providing some support for market sentiment. The prices of metal silicon and methanol on the raw material side continue to rise, and the cost is effectively supported by DMC prices. However, the current further upward momentum is slightly insufficient.
The current inventory pressure of individual factories is generally controllable, and some enterprises rely on the support of pre-sale orders in the early stage to maintain a stable delivery rhythm and continue to maintain a high price mentality. Downstream enterprises' procurement is still mainly based on on-demand replenishment, and the market trading atmosphere is mild, with a slight shift in the actual transaction focus. As of that day, the mainstream quotation range for DMC was 10700-12300 yuan/ton, with actual core major transactions mostly concentrated between 10600-10900 yuan/ton. The prices of downstream products such as 107 rubber, raw rubber, mixed rubber, and silicone oil are generally stable. Some companies adjust their prices slightly based on their own inventory and order situation, with a range of 100-200 yuan/ton.
From the perspective of industry operation, although cost support exists, the upward space is limited. Coupled with the cautious follow-up of downstream new orders, especially in areas such as silicone rubber where there is a strong wait-and-see attitude, the market currently lacks strong upward guidance. From the perspective of different entities, factories holding pre-sale orders have a stable mentality and firm quotations; Enterprises with insufficient orders face certain shipping pressure and often adopt bargaining strategies to promote orders. Traders tend to be cautious in their operations, with downstream enterprises mainly engaging in on-demand procurement. The overall market presents a supply-demand game situation.