Press release
Epoxy Silanes Market 2018 - 2023 | Major Key Profiles - Evonik Industrie AG, The Dow Chemical Company, PCC SE, Anhui Elite Industrial Co.,Ltd, NANJING UNION SILICON CHEMICAL CO., LTD, Momentive, Air Products & Chemicals Inc.
Epoxy Silanes Market
Silane, also called Silicon Hydride, is a colorless, flammable and highly reactive chemical compound. Silanes have a chemical structure that allows them to link with either organic or inorganic matrices, making them indispensable to a wide range of applications. On the other hand, Epoxy Based Silanes are effective additives for the crosslinking of carboxy and amino latexes and polyurethane dispersions. They can be used as adhesion promoter for epoxies, urethanes and acrylics. Also, they can be used as surface treatment for fillers and reinforcers.
Global Epoxy Silanes Market has registered progressive growth over the past few years, and likely to up keep growth for Epoxy Silanes in the years to come. Epoxy Silanes have found its application in paints & coatings, adhesive & sealants, fiber treatment, packaging, medical and others. Growing paints and coating industry across the globe is the major market driver for Epoxy Silanes Market. Epoxy Silanes are significantly used in the preparation of DNA microarrays in medical applications. This has established prominence of Epoxy Silanes in medical applications thereby raising demand for Epoxy Silanes. Furthermore, use of Epoxy Silanes as adhesion promoters for epoxies, urethanes and acrylics has contributed in the global growth up to some extent. Growing packaging industry coupled with increasing applications of Epoxy Silanes in packaging industry is expected to drive Global Epoxy Silanes Market in forthcoming years. On the other hand, unstable behavior of silanes is posed as restraining factor in Epoxy Silanes Market. That being said, inability of Silanes to withstand static pressure in paints and coatings industry is anticipated to have a serious impact on the global market growth.
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Regional Analysis:
Asia Pacific dominates the Global Epoxy Silanes Market followed by North America and Europe. As of 2016, the region occupied more than half of the global market shares both in terms of revenue and volume. China is a major market in this region and is leading the Asia Pacific Epoxy Silanes Market. Growing industrialization in China play a vital role while driving regional demand for epoxy silanes. Furthermore, healthcare industry in India has grown progressively over the past few years, which has contributed significantly to its regional growth. On account of increasing application of Epoxy Silanes in the healthcare industry and important contribution by China and India, Asia Pacific will be a dominating global market over the forecast period. North America is the second largest market for Epoxy Silanes including major markets such as U.S. and Canada. Growth in this region is highly credible to growth in paints & coatings industry and packaging industry. The European region’s market share is less in Global Epoxy Silanes Market. This is due to low economic growth and increasing demand for other environment-friendly packaging materials.
Segmentation:
The Global Epoxy Silanes Market is majorly segmented on the basis of type, application and regions. Market segmentation based on type of Epoxy Silanes include epoxy functional Silanes. On the basis of application, market has been segmented into paints & coatings, adhesive & sealants, fiber treatment, packaging, medical and others.
Geographically global market has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
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