Guibao Technology Boosts EV Silicone Supply, CATL & BYD Order
Guibao Technology Boosts EV Silicone Supply, CATL & BYD Orders Rise 15% MoM (March 25)
Core Keywords: Guibao Technology, EV-grade silicone, CATL & BYD, 15% MoM order growth, new energy demand, photovoltaic sector
Core Sentence: Guibao Technology’s EV silicone supply to CATL and BYD rose 15% month-on-month, driven by booming new energy and photovoltaic sector demand.
Guibao Technology, a leading domestic specialty silicone supplier, announced on March 25 that its monthly supply of high-performance thermal management silicone for EV batteries has increased by 15% month-on-month, driven by surging orders from top clients CATL and BYD. The company currently delivers over
5,200 tons of EV-grade silicone monthly, with products engineered to withstand extreme temperatures (-40℃ to 200℃) and meet strict automotive safety standards for battery sealing and thermal interface materials. The order growth reflects the booming demand for silicone materials in the global new energy sector, as EV sales and battery production continue to expand rapidly.
In addition to EVs, the photovoltaic (PV) sector is also driving strong demand growth, with PV module encapsulant silicone consumption rising 20% year-on-year in March. Each GW of new PV installed capacity requires approximately 120 tons of specialized silicone, and global PV installation targets are driving steady incremental demand. Unlike low-margin construction-grade silicone, new energy-specific formulations command 2–3 times higher profit margins, making them a core focus for domestic silicone leaders. Hesheng Silicon Industry and Dongyue Silicon Material are also ramping up production capacity for new energy-grade silicone, securing long-term supply contracts with downstream battery and PV manufacturers. Industry data shows that the new energy sector has become the fastest-growing downstream segment for silicone, with demand growth expected to remain above 15% annually in the next three years, providing sustained high-margin growth momentum for the industry.
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