Silane Market Competitive Dynamics & Growth Outlook For Major Manufacturers Including Gelest, Shin-Etsu, Evonik, WACKER & DowDuPont Forecast to 2023

The silane market is projected to reach $2,047.0 million by 2023. The market is anticipated to grow on account of the increasing demand for the chemical from end users such as the automotive and construction industries. Silane is an inorganic compound with four substituent groups that are attached to the central silicon atom. In the field of chemistry, it is denoted by the formula SiH4.

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Silane is widely used in the manufacturing of paints and coatings, and tires, which are the key raw materials in the production of automobiles. In tire manufacturing, it is used as a coupling agent, which improves the rolling and abrasion resistance and compound strength of the rubber.

Paints and coatings dominated the silane market in 2017, with more than 30.0% volume share. Silane is widely used as a raw material in the production of anti-corrosion coatings. These coatings are used in buildings, automobiles, industrial machinery, and electronics. Hence, the growing usage of paints and coatings in these industries is expected to boost the silane market growth in the coming years.

Globally, APAC held the largest share in the silane market during the historical period, contributing more than 50.0% share in terms of volume in 2017. The market in the region is expected to grow at a significant rate in the coming years, on account of the presence of fast-growing economies such as China, India, and Japan, which are generating high demand for the chemical for the manufacturing of paints and coatings, and rubber and plastics.

On the basis of product, amino silane held the largest volume share, accounting for more than 25.0%, in the silane market in 2017. The chemical is used as a coupling agent, an adhesion promoter, a resin additive, and a surface modifier. It is considered a stable compound and also helps in improving the chemical bonding of resins in reinforcing materials and inorganic fillers.

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Some of the major players operating in the global silane market are Gelest Inc., Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, Wacker Chemie AG, Jingzhou Jianghan Fine Chemical Co. Ltd., Nanjing Shuguang Chemical Group Co. Ltd., NEOCHEMA GmbH, DowDuPont Inc., Hubei Wuda Organic Silicon New Material Co. Ltd., and SiSiB SILICONES.

GLOBAL SILANE MARKET SEGMENTATION

By Product
• Alkyl
• Sulfur
• Amino
• Vinyl
• Epoxy
• Methacrylate
• Mono/Chloro
By Application
• Paints and Coatings
• Rubber and Plastics
• Adhesives and Sealants
• Fiber Treatment
• Others (Including Electrical and Energy Products)
By Geography
• North America Silane Market
o By Product
o By Application
o By Country – U.S. and Rest of North America
 U.S.
 By Product
 By Application
• Europe Silane Market
o By Product
o By Application
o By Country – Germany, U.K., and Rest of Europe
 Germany
 By Product
 By Application
 U.K.
 By Product
 By Application
• Asia-Pacific (APAC) Silane Market
o By Product
o By Application
o By Country – China, India, Japan, and Rest of APAC
 China
 By Product
 By Application
 India
 By Product
 Japan
 By Product
 By Application
• Central and South America (CSA) Silane Market
o By Product
o By Application
o By Country – Brazil and Rest of CSA
 Brazil
 By Product
 By Application
• Middle East and Africa (MEA) Silane Market
o By Product
o By Application
o By Country – Saudi Arabia and Rest of MEA
 Saudi Arabia
 By Product
 By Application

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This release was published on openPR.