Emerging market countries also have huge demand potential
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Statistics show that per capita organic silicon consumption is basically proportional to per capita GDP, and that the growth of organic silicon demand in low-income countries is more flexible for income growth. At present, the consumption of organic silicon per capita in emerging market countries such as China is less than 1kg, while that in developed countries and regions such as Western Europe, North America, Japan and South Korea is close to 2kg.
In the future, with the development of the economy, the demand for organic silicon in emerging market countries still has huge growth potential. The Asian market represented by China, India, etc. has a large population base and low per capita consumption, and will become the world's major silicone demand in the future. Growth area.
