Global silanes market segmentation by type Industry Growth and region Forecast to 2023


Posted November 2, 2018 by nikhilk

Global Silanes Market: Information by Type (Mono/Chloro Silanes, Amino Silanes, Alkyl, Sulfur, Vinyl, Epoxy, Methacryluxy Silanes), Application (Paints & Coating, Adhesives & Sealants, Rubber & Plastic), & Region—Forecast till 2023

 
Silanes are chemical compounds that consists of one or more silicon atoms linked together. The basic raw materials used for the manufacturing of silanes are silicone metal and methanol. Silanes are extensively used in a range of industries as adhesion promoters, coupling agents, and crosslinking agents. Silanes offer properties such as tear resistance, durability, and flexibility to various substrates which makes them suitable for use in rubber and plastics, paints and coatings, adhesives and sealants, and fiber treatment applications. The growth of the global silanes market is primarily driven by the increasing use in the construction industry and the rising demand in the automotive industry. Silanes are also widely used in water-based coatings. The growing population in Asia-Pacific and increased housing and infrastructure development are expected to generate substantial revenue in the global silanes market during the forecast period. Moreover, the growing use of silanes in the automotive rubber industry is also expected to positively contribute to the growth of the market. However, the high costs associated with the production of silanes are expected to be a major restraint to the growth of the market during the forecast period.

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The mono/chloro silane type segment is projected to be the fastest-growing market during the review period. According to Market Research Future analysis, the mono/chloro silane segment was valued at USD 1500 million in 2017 and is projected to grow at a CAGR of over 4.5% during the forecast period.

Segmentation Analysis

The global silanes market has been segmented on the basis of type, application, and region. By type, the market has been categorized as mono/chloro silane, amino silane, alkyl silane, sulfur silane, vinyl silane, epoxy silane, methacryluxy silane, and others. Based on application, the global silanes market has been segmented into paints and coatings, adhesives and sealants, rubber and plastic, fiber treatment, and others. On the basis of region, the market is divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.

Regional Analysis

The global silanes market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The market in Asia-Pacific is estimated to be the largest and fastest-growing during the forecast period. According to Market Research Future analysis, the market in Asia-Pacific was valued at over USD 550 million in 2017 and is projected to register a CAGR of 6.14%. Rising government spending on the development of infrastructure in the region and increasing automobile production are the major factors attributing to the growth of the market in Asia-Pacific. The North American silanes market was the second-largest in 2017 and is expected to maintain its position during the forecast period. The presence of major automobile manufacturers has augmented the demand for automotive rubber, where silanes are widely used. The market in the Middle East & Africa is also likely to exhibit steady growth owing to the growing construction industry in the region. Browse the market data and information spread across 140 pages with 35 data tables and 10 figures of the report “Global silanes market segmentation by type Industry Growth and region Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/silanes-market-6355

Key Players and Competition Analysis

Some of the manufacturers operating in the global silanes market are Gelest, Inc. (US), Schill+Seilacher "Struktol" GmbH (Germany), PCC SE (Germany), Shin-Etsu Chemical Co., Ltd (Japan), Momentive Performance Materials Inc. (US), CHT Group (Germany), DowDupont (US), Evonik Industries AG (Germany), Wacker Chemie AG (Germany), and SiVance, LLC (US).

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Last Updated November 2, 2018