PRN: US Silicones Market - 2016 Forecasts say Industrial Market to Offer Best Growth Prospects
US Silicones Market - 2016 Forecasts say Industrial Market to Offer Best Growth Prospects [26-April-2012] DALLAS, April 26, 2012 /PRNewswire/ -- ReportsnReports adds a new market research report "Silicones to 2016" to its store.
US Silicones Market - 2016 Forecasts say Industrial Market to Offer Best Growth Prospects
DALLAS, April 26, 2012 /PRNewswire/ --
ReportsnReports adds a new market research report "Silicones to 2016" to its store. This report covers the silicone industry by:
A. Products: Fluids, Elastomers, Resins, Gels, Other Silicone Products
B. Markets: Industrial, Consumer, Construction, Medical
C. Applications: Vehicles & Binders, Elastomeric Components, Surfactants, Polishes, Lubricants & Greases, Conditioning Agents, Emollients, Defoamers and Other Applications
USÂ demand for silicones is forecast to reach $4 billion in 2016, with advances accelerating strongly from the pace of the recession-impacted 2006-2011 period. Gains will stem from rebounding growth in manufacturing output and construction activity, spurred by improving economic conditions. In volume terms, silicone demand is projected to reach more than 800 million pounds in 2016. The average price of silicones is expected to increase at a more moderate rate than that of the 2006-2011 period, restrained by intense price competition. Pricing growth will further be restricted by greater competition from lower cost imports. Imports from China, for example, have risen substantially in recent years.
Silicone gels to advance rapidly from small base
Buy your copy of this report @Â Â http://www.reportsnreports.com/reports/155964-silicones-to-2016.html.
Industrial market to offer best growth prospects
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