Silane Coupling Agents Market Analysis 2020- Growth, Forecast, Analysis, OverviePosted by Mangesh Mahajan on March 13th, 2020 Market Insights Silane Coupling Agent Market is used in paints and coatings to enhance the adhesion. They are majorly used for adhesion promotion as well as enhancing the properties of paints such as corrosion resistance and scratch resistance. Paints & coatings find a wide range of applications in major end-use industries such as automotive, construction, and aerospace. In the building and construction industry, paints and coatings are used to enhance the aesthetic appeal of the structure. The growth of the building and construction industry with the rising residential and non-residential construction across the globe has fueled the demand for paints and coatings. For instance, according to the US Census Bureau, the overall construction spending in the US stood at USD 1,246,000 million as of 2017, of which USD 276,510 million was spent on non-residential construction. Segmentation Analysis The Global Silane Coupling Agent Market has been categorized into products, application and region. On the basis of products, the global silane coupling agent market has been segmented into as amino silane, epoxy silane, amino silane, vinyl silane and other. Further the market is segment based on application such adhesives & Sealants, paints & coatings, fiber treatment, rubber & plastics and others. Top Key Players
Regional Analysis The growth of the Global Silane Coupling Agents Market in Asia-Pacific market is driven by the increased demand for adhesive and sealants in the building and construction industry as they offer improved performance and are environmentally friendly. The growing construction industry with increasing investments in infrastructure development and residential construction to meet the rising demand for modern residential architecture is likely to add to the market growth. For instance, initiatives taken by the Indian government such as the Smart Cities Mission, Green Corridor, building of ports and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for infrastructure development has led to a rapid increase in construction activities. In December 2016, the Thailand government approved around USD 25.2 billion for infrastructure plan for 2017, which includes railways, roads, and ports. Additionally, government initiatives such as those by the Indian Green Building Council to promote the concept of green buildings for energy-efficient and premium-quality housing is further stimulating product demand. The Thai Green Building Foundation, established in 2009, has set the new Thai’s Rating of Energy and Environmental Sustainability (TREES) green building standards for the building and construction industry. Such trends exhibit high demand for adhesives and sealants in the building and construction industry in the recent past due to the superior performance, mechanical endurance, high elongation, and environmentally friendly properties. Like it? Share it! More by this author |