05.11.16
Kent Furst, Polymers Practice Leader will present “Outlook for the US Economy and Silicones Market” at the International Silicone Conference on Tuesday May 17 at 9:00 am. This program will include new information from Freedonia's US Market study, published in March. The emphasis will be on larger trends in the US economy and how they are affecting the silicones industry.
According to Mr. Furst, “Silicones are incredible materials which combine the strength, optical clarity, and high temperature resistance of glass with the ability to be formed into rubbers, fluids, and gels. These versatile polymers are used in a broad range of applications, from microelectronics and medical devices to personal care products and construction sealants.
In recent years, a number of economic trends have had a significant impact on the US silicones industry. These include volatility in key markets such as motor vehicles and construction, a sharp drop in oil and gas prices, competition from silicones producers in China, and the “reshoring” of American manufacturing. This presentation will delve into these factors and explain what effects, if any, they will have on the US silicones market in the future.”
According to Mr. Furst, “Silicones are incredible materials which combine the strength, optical clarity, and high temperature resistance of glass with the ability to be formed into rubbers, fluids, and gels. These versatile polymers are used in a broad range of applications, from microelectronics and medical devices to personal care products and construction sealants.
In recent years, a number of economic trends have had a significant impact on the US silicones industry. These include volatility in key markets such as motor vehicles and construction, a sharp drop in oil and gas prices, competition from silicones producers in China, and the “reshoring” of American manufacturing. This presentation will delve into these factors and explain what effects, if any, they will have on the US silicones market in the future.”