US demand for silicones is forecast to rise 5.3 percent annually through 2014. Consumer goods such as cosmetics and toiletries will remain a fast growing market, as will medical products. Silicone gels will be the fastest growing type, driven by robust growth in demand for gel encapsulants in LED and photovoltaic applications.
This study analyzes the $2.8 billion US silicone industry. It presents historical demand data (1999, 2004, 2009) and forecasts for 2014 and 2019 by product (e.g., fluids, elastomers, resins, gels), market (e.g., industrial, consumer, construction, medical) and application (e.g., vehicles and binders, elastomeric components, surfactants, polishes, lubricants and greases).
It also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players, including Dow Corning, Momentive Performance Materials and Wacker Chemie.