According to the US industrial market research firm Freedonia Group's latest forecast, 2019, US industrial silicon rubber demand will reach 24.4 billion US dollars. Among them, the construction market with the most rapid development of silicone rubber products, while the roof is expected to get the most rapid and healthy growth of silicone rubber products and other construction-related products. Machinery silicone rubber products will continue to occupy the largest market share, however, sales growth is expected as other areas of products, silicone rubber tubing and pipe band suppliers will benefit from the durable goods Machinery exports growth.
Overall, due to the development of mechanical products and non-residential construction industry, industrial silicone rubber products demand will maintain rapid growth. Increase in vehicle production will also provide new sales growth, although 2009-- compared to the rapid growth in 2014, exports will slow down significantly. In addition, these products will continue to face various application areas of competition lower prices of plastic products.