NEWS LIST

Fumed silica industry growth rate was declining trend, the past two years, the industry slowed down significantly. From the product price point of view, with the global crude petroleum prices fell, fumed silica industry product prices into the bottom of the vulnerable areas. As the silica fumed silica industry is more directly affected by the price of crude oil than the downstream fumed silica industry, its price volatility is also more intense. From the supply and demand point of view, silica products in some areas of product overcapacity problems, these areas of excess degree from 30% to 50% range, since the 2012-2013 annual growth in production capacity, the past two years, the domestic fumed silica factory, the overall capacity in the release phase, is digesting excess capacity, coupled with the external environment in the downward adjustment period, the industry's overall profitability has declined, especially the oil and gas mining industry profit margins have been greatly compressed, fumed silica industry, the situation is not optimistic.

The industrial scale of the fumed silica industry is large, the variety of products is high, the industry is mature, the internationalized standardization is high and the transaction is active. At the same time, the market is highly fragmented, the real transaction cost is high. The reason for this makes the fumed silica industry e-commerce can effectively reduce the procurement costs, reduce marketing costs, increase business opportunities, improve the overall efficiency of the role of the enterprise.

E-commerce on the one hand to strengthen the exchange of manufacturers and customers to promote a greater degree of business to meet consumer demand and benefit from the other hand, for the enterprise from the product-led logic to the service-oriented logic transformation provides an opportunity, so that consumers can more easily participate in product development, production, sales and other aspects of the industrial chain, in better meet consumer demand at the same time, to promote the improvement of the product upgrade.