The Business Research Company’s Silanes Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Silanes Global Market Report 2023 evaluates silanes market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global silanes market is expected to grow from $2.39 billion in 2022 to $2.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The silanes market is expected to reach $3.33 billion in 2027 at a CAGR of 6.6%.

The growing demand from the automotive sector is expected to propel the growth of the silane market going forward. The automotive sector is the industry that involves the design, production, marketing, and sale of motor vehicles, including passenger cars, commercial vehicles, and motorcycles. In the automotive industry, silanes are used as coupling agents in tire manufacturing, improving tire performance and durability. They enhance adhesion in automotive coatings, sealants, and adhesives, improving protection and structural integrity. For instance, in March 2022, according to a report published by the European Automobile Manufacturers Association (ACEA), a Belgium-based lobbying and standards group for the automobile industry in the European Union, sales of passenger cars in the US increased by 5.5% from 2020 to 11.9 million units in 2021. Further, over 6.3 million passenger cars were produced in US auto facilities in 2021, an increase of 3.1% from 2020. And Chinese automakers had 20.7 million vehicles in 2021, an increase of 7.1%. In 2021, the total number of cars produced worldwide climbed by 2.7% to 63.2 million. Therefore, growing demand from the automotive sector is driving the growth of the silane market.

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The silanes market segments in the report are:

1) By Product: Alkyl Silane, Sulfur Silane, Amino Silane, Vinyl Silane, Epoxy Silane, Methacrylate Silane, Mono Or Chloro Silane, Other Products

2) By Function: Coupling Agents, Adhesion Promoters, Hydrophobing And Dispersing Agents, Moisture Scavengers, Silicate Stabilizers

3) By Application: Fiberglass And Mineral Wool, Paints And Coatings, Polyolefin Compounds, Adhesives And Sealants, Sol-Gel System, Fillers And Pigments, Foundry And Foundry Resin, Silicones

The table of contents in TBRC’s silanes market report includes:

Executive Summary
Silanes Market Characteristics
Silanes Market Trends And Strategies
Silanes Market - Macro Economic Scenario
Silanes Market Segmentation
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Global Silanes Market Competitive Benchmarking
Global Silanes Market Competitive Dashboard
Key Mergers And Acquisitions In The Silanes Market
Silanes Market Future Outlook and Potential Analysis
Appendix
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