Silanes Market likely to reach beyond USD 1.83 Billion by 2021 at a CAGR of 5.7%


Posted November 29, 2018 by armaan007

Silanes Market expected to grow at a CAGR of 5.7% with Industry Size, Share and Rising Trend till 2021

 
The report [166 pages] "Silanes Market by Type (Functional Silanes (Sulfur, Vinyl, Amino, Epoxy, Methacryloxy), Application (Rubber & Plastics, Fiber Treatment, Adhesives & Sealants, Paints & Coatings), and Region - Global Forecast to 2021", published by MarketsandMarkets, the global market was valued at USD 1.39 Billion in 2015 and is projected to reach USD 1.83 Billion by 2021, at a CAGR of 5.7% from 2016 to 2021.

Request for free sample PDF: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=202415042

Silanes are used in varied applications, such as rubber & plastics, fiber treatment, adhesives & sealants, and paints & coatings. In 2015, the rubber & plastics application segment accounted for the largest share of the global silanes market; this application segment is expected to continue its dominance during the forecast period. Silanes offer various advantages in both primary and secondary rubber and plastics markets. The tire industry is focusing on developing fuel-efficient technologies and lowering CO2 emissions. Green tires are fuel-efficient and are preferred by the automotive industry. The growing demand for these tires makes rubber
& plastics the fastest-growing application segment of silanes.

Based on type, the mono/chloro silane segment is projected to grow at the highest CAGR between 2016 and 2021. Mono/chloro silanes are primarily used in electrical & electronics, integrated circuits, photovoltaics, and flat panel displays. These are also used as protecting agents for intermediates in pharmaceutical syntheses and synthesis of silanes and siloxanes. The growth of electronics & electrical and flat panel displays industries and increasing focus on solar as a power source in developing countries will play a major role in driving the global mono/chloro silane market.

Key companies profiled in the global silanes market research report include Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemicals Co., Ltd. (Japan), and China National BlueStar (Group) Co., Ltd. (China), among others.

Early buyers will receive 10% customization on this report.

For more details: https://www.prnewswire.com/news-releases/silanes-market-worth-183-billion-usd-by-2021-615574384.html

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Issued By Markets and Markets
Country India
Categories Industry , Marketing
Tags silanes , silanes applications , silanes industry , silanes manufacturers , silanes market , silanes types
Last Updated November 29, 2018