Risks faced by the development of silicone elastomer gel industry
Fluctuations in raw material prices
The production of silicone elastomer gel requires the use of specific raw materials, such as silicone monomer. The fluctuation of raw material prices may have an impact on the costs and profits of enterprises, especially in situations of tight supply or rising prices, where enterprises may face higher production costs and pressure.
Technology and innovation risks
The development and innovation of silicone elastomer gel technology is the key to the sustainable development of the industry. If a company cannot keep up with the pace of technological progress and lacks technological innovation capabilities, it may be caught up or even replaced by other competitors with advanced technology.
Regulatory and regulatory risks
The cosmetics industry is subject to strict regulations and regulatory requirements, including ingredient safety, quality control, labeling requirements, etc. If a company fails to comply with relevant regulations and standards, it may face risks such as product bans, fines, or reputational damage.