US demand for silicones is forecast to climb 4.7 percent annually to $4.3 billion in 2018, with volume rising 3.2 percent per year to 900 million pounds. Silicone elastomers will grow the fastest, overtaking fluids as the leading product type. The construction and medical markets will be the fastest growing segments, while the industrial market will remain dominant.This study analyzes the $3.4 billion US silicones industry. It presents historical demand data for 2003, 2008 and 2013, and forecasts for 2018 and 2023 by product (e.g., fluids, elastomers, resins, gels), market (e.g., industrial, consumer, construction, medical) and application (e.g., vehicles and binders, elastomeric components, lubricants and greases, surfactants, emollients, polishes, defoamers).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 37 industry players, including Dow Corning, Momentive Performance Materials and Wacker Chemie.
