Silanes and Silicones Market Sees Promising Growth

Posted by Andre on November 1st, 2019

Silanes can be defined as a saturated compound consisting of more than one silicon atoms in its molecular structure. These compounds are commercially produced with synthetic production methods, which include a number of silicon atoms linked together forming making up the entire structure of the compound. Key players profiled in this report are: vonik Industries AG; GELEST, INC.; Wacker Chemie AG; PCC SE; Schill + Seilacher "Struktol" GmbH; Nanjing Shuguang Chemical Group Co., Ltd.; Momentive; Shin-Etsu Chemical Co., Ltd.; The Dow Chemical Company; SiVance, LLC; CHT Group; China National Bluestar (Group) Co,Ltd.; Silar; Anabond.com; 3M and PanGu Chemical Group Ltd.

Global Silanes and Silicones Market is expected to grow from its initial estimated value of USD 15.48 billion in 2018 to an estimated value of USD 26.16 billion by 2026, registering a CAGR of 6.78% in the forecast period of 2019-2026.

Segmentation: Global Silanes and Silicones Market

Global Silanes and Silicones Market By Type (Silanes, Silicones), Silanes Application (Adhesives & Sealants, Rubber & Plastics, Paints & Coatings, Fiber Treatment, Others)

Silicones Application (Industrial Operations, Construction, Transportation, Energy & Power, Consumer Operations, Healthcare, Others)

(Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Key Developments in the Market:

•          In October 2018, Momentive announced that they had agreed to be acquired by a conglomerate of South Korean companies. The acquiring company agreed to assume the net debts of Momentive along with assuming ownership of all the business operations.
•          In October 2016, GELEST, INC. announced the launch of “SIVATE A200” an activated acrylate functional silane. The product made for use as a coupling agent for light-cure acrylic nanocomposites, as a primer for fiber optic cladding, or as an adhesion promoter for high-speed UV acrylated urethane cure systems.

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Market Drivers:

•          Growth of the various end-use industries such as electronics, cosmetics, automotive and construction majorly impacting the demand for the products

Market Restraints:

•          Imposing strict regulations regarding the usage of environmental friendly materials and products in various end-use industries

Competitive Analysis: Global Silanes and Silicones Market

Global silanes and silicones market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of silanes and silicones market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Insights in the report:

•          Complete and distinct analysis of the market drivers and restraints
•          Key market players involved in this industry
•          Detailed analysis of the market segmentation
•          Competitive analysis of the key players involved

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