Silanes Market-Market Size,Trends,Share,Size Growth and Forecast 2024

Posted by Rohit kadam on November 11th, 2017

Introduction:

Silane is known as an organic compound which contains a multiple or a single silicon carbon (Si-C) bonded atoms. The silicon based monomeric chemical comprises four key substituent as well as at least one carbon silicon bond structure (CH3-Si-). Excellent anticorrosion properties of silanes makes it a widely preferred and excellent material for protective coatings in broad range of applications such as microbiological corrosion protection, erosion/corrosion protection coatings making weatherable automotive paints and many more. Rising demand for silanes from the automobile industry is anticipated to act as a key growth driver for the global silanes market. Silanes are widely used in several end-use applications such as fiber treatment, rubber & plastics, paint & coatings, adhesives & sealants and others. In 2015, the rubber & plastics segment accounted for the largest market share in the global silanes market and generated highest revenue. In terms of growth intensity, the rubber & plastics segment is followed by fiber treatment, adhesives & sealants and paint & coatings segments.

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Market Dynamics:

The rising demand for silanes, especially from consumers for improved fuel efficiency, road safety and less environmental impact creating vehicles is projected to bolster the demand for silanes over the coming years. Increasing demand for green tire as well as growing automobile sales along with rising water based coating formulation as well as increasing focus on fuel efficiency among consumers with regulation compliance are some of the crucially prime factors accelerating the growth of global silanes market.

Geographically, Asia-Pacific accounted for the largest revenue share in the global silane market owing to the increase in demand for silanes to cater its large number end-use industries such as plastics, rubbers and others. The rapid growth in Asia-Pacific was followed by North America and Europe as second largest and the third largest market for silanes, respectively. Asia-Pacific is anticipated to register the fastest growth in the global silanes market due to increasing industrial infrastructure in the region. This has attracted a large number of established international industry players to invest in Asia-Pacific silanes market.

Market Classification:

The Global Silanes Market is segmented by type, application and region. On the basis of type, the global silanes market can be segmented into organo functional silanes and mono/chlorosilanes. On the basis of application, the global silanes market can be segmented into rubber & plastics, fire treatment, adhesives & sealants, paints & coatings and others. On the basis of region, the global silanes market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific. The robust demand in Asia-Pacific is expected to be the major driving factor for the growth of silanes market, globally. China is anticipated to account for the largest share and lead the overall demand for silanes owing to the increasing industrial production over the past few years. The markets in other developing countries such as Brazil, Russia, Poland, Indonesia, New Zealand, Argentina and India among others are also anticipated to grow rapidly throughout the forecast period.

Market Participants:

Major players operating in the global silanes market are focusing on some key market strategies such as mergers and acquisitions to keep hold in the ever competitive market. Moreover, they are concentrating on collaborating with local players to increase their market reach as well as strengthen their goodwill in the global market. Some of the key players involved in the manufacture and supply of silanes include Evonik Industries, Dow Corning Corporation, Momentive Performance Materials Holdings LLC, Shin-Etsu Chemical Company Ltd., China National Bluestar (Group) Co. Ltd., Wacker Chemie AG, Gelest Inc. and WD Silicone Company Limited among others.

Market Segmentation

Market by Type

Functional silanes

o Sulfur silanes

o Vinyl silanes

o Amino silanes

o Epoxy silanes

o Alkyl silanes

o Methacryloxy silanes

o Others

Mono/Chloro silanes

Market by Application

Rubber & Plastics

Fiber Treatment

Adhesives & Sealants

Paints & Coatings

Others

Market by Geography

North America

o US

o Canada

o Mexico

Europe

o UK

o Germany

o France

o Rest of Europe

Asia-Pacific

o China

o Japan

o India

o Philippines

o Rest of Asia-Pacific

Latin America

o Brazil

o Chile

o Rest of Latin America

Middle East and Africa (MEA)

o South Africa

o Saudi Arabia

o Rest of MEA

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