2022 Analysis on supply and demand pattern of industrial silicon
China's production capacity occupies an absolute dominant position in the world
According to the analysis of Hainan West Asia Group, the total global industrial silicon production capacity in 2022 will be about 7.783 million tons, a year-on-year increase of 15.47%, and the total production capacity will increase year-on-year.
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In terms of production capacity distribution, China, Brazil, the United States, Norway, France, Russia, and Germany are the world's major industrial silicon producers, and the top 10 domestic producers account for 96.08% of the world's total production capacity by 2022. Among them, China's industrial silicon production capacity occupies an absolute advantage. In 2022, China's industrial silicon production capacity will account for 81.05% of the global total production capacity.
From the perspective of production capacity changes, the changes in global industrial silicon production capacity in 2022 will be mainly contributed by China. Due to the overall good industrial silicon market conditions, some idle production capacity has been put into production again, and some new production capacity has been superimposed. The total new production capacity is about 1.028 million tons. In addition, due to relatively low production costs in Malaysia, new production capacity has appeared.
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