Before 2018, China’s industrial silicon supply and demand increased steadily. By 2018, China’s industrial silicon effective production capacity reached 5.44 million tons, production reached 2.62 million tons, and consumption reached 1.82 million tons, accounting for 74% and 60% of global production and consumption respectively. It has established the status of China’s global industrial silicon industry center.

After 2018, due to factors such as China’s domestic environmental protection governance, the impact of the epidemic and the global macroeconomic downturn, the backward and small production capacity of industrial silicon has been cleared one after another. million fell to 2.27 million tons.

In 2021, as the impact of the epidemic subsides and the global economy recovers, China’s new energy vehicle, photovoltaic and other industries develop rapidly, driving the rapid increase in upstream industrial silicon production and demand. In 2021, China’s industrial silicon production and consumption will increase to 2.78 million tons and 2.02 million tons respectively, with a year-on-year growth rate of 22% and 23%, respectively, and the global proportion will reach 74% and 66.7%, respectively. The status of China’s industrial silicon industry center is further improved .