In the global field of chemical new materials, silicone oil is playing an increasingly crucial role in multiple industries thanks to its unique properties. Recently, a series of notable trends have emerged in the silicone oil industry. In terms of market size, the silicone oil industry continues to expand. Data shows that the global silicone oil market has exceeded 20 billion by 2025. This growth is driven by the widespread application of silicone oil across various sectors. Take the Asian market as an example. As the region with the fastest-growing demand for silicone oil globally, it accounted for more than 40% of the world's total demand in 2019, with China alone contributing over 20%. In China, with the continuous economic growth and the acceleration of industrialization and urbanization, the demand for silicone oil has increased significantly. In 2019, China's silicone oil market demand reached 1 million tons, a year-on-year increase of 10%. Industry players are actively making strategic arrangements to drive development. Hangzhou Chonyao Technology Development Co., Ltd., a specialized subsidiary established by Xinan Group to deepen the development strategy of silicone new materials, has achieved remarkable results in the innovative application of silicone oil in the market. Since its official operation in 2018, the company has continuously advanced in products, technology, and market expansion, with an average annual compound growth rate of about 30%. Currently, the company's production capacity of modified silicone oil and deep-processed silicone oil products reaches 40,000 tons per year, making it the largest production base for special silicone functional materials in East China. Its leading products, special modified silicone oil and special silicone release agents, have domestic market shares of over 20% and 15% respectively, ranking among the top three in the industry. The company tops the industry in fields such as optical fiber special coatings and food-contact release agents. In the field of modified silicone oil, Chonyao Technology has evolved from imitating imported products to customizing products for customers, transforming from a single product supplier into a comprehensive solution provider. Its cooperation with Zhejiang Huafeng New Material Co., Ltd., a leading enterprise in China's polyurethane base material industry, serves as a strong testament to its innovative application breakthroughs. Meanwhile, Zhejiang Hengyeheng New Materials is also accelerating its development. The company recently launched its Phase II silicone oil project, which is a landmark initiative following the successful completion and operation of the Phase I silicone resin project, demonstrating the company's commitment to promoting industry-university-research integration and laying out advantageous products. The project will involve the construction of new silicone oil production workshops and supporting facilities. Upon completion, it is expected to have an annual production capacity of 15,000 tons of silicone oil and 3,000 tons of liquid rubber base rubber. The products will be applied in industries such as new energy, coatings, daily chemicals, and textiles. Currently, the project has completed processes such as civil engineering piling and foundation pouring and is scheduled for trial production in June 2025. To expand its market, Hengyeheng New Materials has visited customers on-site this year to precisely meet their needs, laying a solid market foundation for the project. In terms of technological research and development and applications, the silicone oil industry also showcases numerous highlights. Take methyl phenyl silicone oil as an example. As a type of silicone functional material, it is widely used in cosmetics, electronic component encapsulation, special coating additives, and other fields due to its high and low-temperature resistance, lubricity, and chemical stability. Currently, the global methyl phenyl silicone oil market features an oligopolistic competition pattern, with multinational companies like Shin-Etsu Chemical of Japan and Dow Corning of the United States occupying more than 60% of the high-end market share. However, domestic enterprises such as Dalian Yuanyong and Dongyue Silicon Materials have overcome technical bottlenecks through industry-university-research cooperation, achieving import substitution in the field of low to medium viscosity general-purpose products and extending towards high-value-added niche areas. In terms of technological development, the industry focuses on "activity regulation" and "functional upgrading." For instance, continuous production technology can reduce energy consumption by more than 30%, green catalytic systems reduce wastewater and exhaust emissions, and nanocomposite technology enhances product thermal conductivity and mechanical strength, meeting the requirements of lithium battery heat dissipation and photovoltaic encapsulation. With continuous efforts from enterprises, ongoing technological innovation, and further expansion of application areas, the silicone oil industry is expected to maintain a positive development trend in the future, providing higher-quality material support for related industries and securing an even more important position in the global chemical new materials market.