Recently, the silica industry has once again become the focus of market attention. As an important industrial raw material, precipitated silica (also known as white carbon black) is widely used in tires, footwear, silicone rubber, feed, coatings, oral care, pharmaceuticals, and other fields, with demand consistently showing steady growth.

According to industry data, China's demand for silica was approximately 1.664 million tons in 2022, and this figure is expected to reach around 1.8 million tons by 2024. This growth trend is mainly attributed to the steady development of the tire market and the upgrading towards greener production. As the largest downstream market for silica, tire demand directly drives the expansion of the silica market. With the rapid development of the domestic automotive industry and the increasing number of car ownerships, tire demand is further unleashed, providing solid support for the silica market.

Furthermore, the popularization of new energy vehicles has also brought new growth points for silica. Green tires, as an important component of new energy vehicles, reduce rolling resistance and improve driving range by incorporating materials such as silica into traditional tires. Therefore, with the continuous expansion of the new energy vehicle market, the demand for green tires also increases, thereby driving the growth of the silica market.

In terms of production, China's silica capacity has increased in recent years, but it is still dominated by low-end capacity. High-end silica, due to its complex production techniques and high requirements for production equipment, is produced by fewer domestic enterprises, with a relatively small proportion of capacity. However, with technological advancements and improvements in production equipment performance, as well as adjustments to the industry's consumption structure, it is expected that the market sales of high-dispersion silica enterprises will further expand in the future, and industry concentration will increase, benefiting leading enterprises in the industry.

It is worth mentioning that the silica industry has recently welcomed a new technological breakthrough. Fujian Sanming Shengda Chemical Co., Ltd. has obtained a patent titled "An Automated Production Line for Silica," and the introduction of this technology will help improve the production efficiency and product quality of silica, further promoting the development of the industry.

Looking ahead, the silica industry will embrace more development opportunities. On the one hand, with the continuous expansion of the new energy vehicle market and the ongoing upgrading towards greener tire production, the demand for silica will continue to grow; on the other hand, with technological advancements and in-depth industrial upgrading, the production efficiency and product quality of the silica industry will continue to improve, further meeting market demand and enhancing international competitiveness.

In summary, as one of the important industrial raw material fields, the silica industry has a steadily growing market demand and broad development prospects. In the future, with the continuous expansion of the new energy vehicle market, the ongoing upgrading towards greener tire production, as well as technological advancements and in-depth industrial upgrading, the silica industry will face more development opportunities and challenges.