Recently, the silicone industry has entered a stage of price stability, and many leading companies such as Hesheng, Xinghuo, Xin'an, Xingfa, and Dongyue are gradually abandoning the traditional competitive model of price wars and focusing on innovation, exploring new market blue oceans, and jointly promoting the entire industry to leap towards a higher level of development.
Since the second half of 2024, these industry pioneers have been striving to stand out in the fierce market competition through a series of strategic adjustments. They no longer rely solely on price advantages, but pay more attention to technological innovation and quality improvement of products, striving to find new growth points in the increasingly diversified market demand.
Market data shows that the current price system for organic silicon related products is tending towards stability. Specifically, the spot price range of DMC (dimethyl cyclic siloxane) remains between 12800 and 13700 yuan/ton, while the spot price of raw rubber fluctuates between 14000 and 14700 yuan/ton, and the spot price of 107 rubber remains stable at 13500 to 14000 yuan/ton. This series of price dynamics indicates that the market is gradually shifting towards a pricing mechanism guided by brand value, and the focus of competition among enterprises is gradually shifting towards product differentiation and brand influence shaping.
At the same time, the silicone industry chain has also ushered in unprecedented opportunities for transformation. Faced with the growing demand for quality and personalized preferences from consumers, the silicone product market is showing a trend of branding and differentiation. In order to seize market share, brand operators and contract manufacturers have increased their research and development efforts, launched innovative products, and improved product performance and user experience.
In the field of cross-border marketing, the competition in the silicone products market is equally fierce. Contract manufacturers not only need to improve supply chain efficiency and cost control capabilities, but also need to strengthen brand building and market promotion to stand out in the global market. In addition, with the continuous changes in the global trade pattern, contract manufacturers also need to closely monitor the dynamics of the international market and flexibly adjust their export strategies to cope with the complex and ever-changing international trade environment.
It is worth mentioning that Vietnam has recently established a silicone company specializing in the field of adhesives, with products covering functional materials such as silicone gel, conductive, thermal conductive, and shielding. The addition of this new company not only injects new vitality into the local silicone market in Vietnam, but also adds new growth points to the global silicone industry chain.
However, not all industries are immersed in an optimistic atmosphere. The global automotive manufacturing industry is facing severe challenges. Taking Stellantis Group as an example, the group's car production in Italy has significantly declined, and sedan production has hit a historic low. This trend reflects profound changes in the global automotive industry and changes in market demand, posing new challenges to related enterprises in the silicone industry chain.
At the same time, the global shipping industry is also undergoing unprecedented changes. As the market demand for large vessels decreases and risk factors increase, ship owners are turning to ordering smaller vessels that are more flexible and adaptable to market changes. This trend not only reflects the shipping industry's keen insight into market demand, but also indicates that the future shipping market will be more diversified and flexible.
In summary, the silicone industry and the silicone industry chain are currently in a critical period of transformation. Enterprises need to closely monitor market dynamics and industry trends, adjust their strategies and product structures in a timely manner to adapt to constantly changing market demands. At the same time, the government and relevant institutions should strengthen policy guidance and support to jointly promote the industry towards higher quality and more sustainable development.