The global silane market size is expected to reach USD 2.17
billion by 2025 registering a CAGR of 4.4%, according to a new report by Grand
View Research, Inc. Rapidly expanding building and construction industry will
augment demand for paints and coatings, thus driving the silane market.
Furthermore, growth in the automotive industry will fuel the demand for
silane-based products. Technological innovations and investments in R&D by
various agencies have helped discover an array of applications for the product,
such as in paints & coatings, semiconductors, and for medical purposes.
Alkyl, epoxy, sulfur, amino, vinyl,
and methacrylate silanes are the major product types, all of which differ in
terms of properties and product and application scope. These products help
improve adhesion, UV and water & chemical resistance, and pigment &
filler dispersion in paints & coatings, thus have the maximum demand in
this sector. Most of the prominent companies are focusing on developing
application-specific products to strengthen their presence in the global
market. Focus on green technology and environmental sustainability will
positively impact the market growth over the next few years.
For instance, standardization of
safety regulations, to avoid adverse effects of the product, by National
Institute for Occupational Safety and Health (NIOSH), International Fire Code
(IFC), and National Fire Protection Association (NFPA). The silane value chain
is characterized by suppliers of raw materials like copper, silver, aluminum,
and silicon; manufacturers, distribution channels, and end-use applications.
Companies including ABSCO Limited; Elkem, Gulbrandsen Chemicals, Inc., Dow
Corning; and Nitrochemie Aschau GmbH are some of the key raw material
suppliers.
Browse full research report on Silane Market: https://www.grandviewresearch.com/industry-analysis/silane-market
Further key findings from the study suggest:
- Asia Pacific amino silane segment is projected to reach 105.7
kilotons by 2025 expanding at the highest CAGR owing to an increasing
product demand in the paints & coatings industry
- China and India have displayed significant growth in medical
and construction sector, which is estimated to have a positive impact on
the growth of the regional silane market over the forecast years
- Key companies, such as DuPont, have developed raw materials
like modifiers, sealants, and compatibilizer resins to facilitate safe and
cost-effective packaging due to rising importance of waste reduction and
environmental sustainability
- Manufacturers are also focusing on product development,
capacity expansion, mergers & acquisitions, and joint ventures to
achieve optimum business growth
- For instance, in June 2017, Wacker Chemie AG formed a
partnership with Royal Tech CSP to allow the latter to use its silicone
fluid in solar power cells and inaugurated a new production site in
Jincheon, South Korea
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/silane-market/request/rs1
Grand View Research has segmented the global silane market on the
basis of product, application, and regions:
Silane Product Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- Alkyl
- Sulfur
- Amino
- Vinyl
- Epoxy
- Methacrylate
- Mono/Chloro
Silane Application Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- Paints
& Coatings
- Adhesives
& Sealants
- Rubber
& Plastics
- Fiber
Treatment
- Others
Silane Region Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- North
America
- U.S.
- Europe
- Germany
- U.K.
- France
- Asia
Pacific
- China
- India
- Japan
- Central
& South America
- Brazil
- MEA
- Saudi
Arabia
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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