Press release
Silane-modified Polymers Market 2023: Tonsan Adhesive, Inc. (China), Sika AG (Switzerland), MAPEI SpA (Italy), Bostik (U.S.), 3M (U.S.), Henkel AG & Co., KGaA (Germany), Evonik Industries AG (Germany), Wacker Chemie AG (Germany)
Silane-Modified Polymers Market Research Report - Forecast to 2023
Market Synopsis
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The global silane-modified polymers market is anticipated to exhibit an 6.95% CAGR from 2018 to 2023 (forecast period), states Market Research Future (MRFR) in its latest report. It is predicted to touch a size of USD 775.4 million by the end of the forecast period. The market had registered a demand of 99.20 kilotons (KT) in 2018.
Silane-modified polymers are used to formulate adhesives and sealants. The increasing use of polyurethane in numerous applications has propelled the use of these polymers. Inherent properties of these polymers such as high thermal stability, improved water and thermal resistance, superior adhesion, and low thickness levels make it viable in sealants and adhesives.
The silane-modified polymers market is driven by the pressing need for hybrid adhesives and sealants in the construction sector. The increased hardness levels of these formulations which can be applied in woodworking and lamination of surfaces is likely to bode well for market demand in the forthcoming years. Strict environmental policies have called for isocyanate-free adhesives creating a growth opportunity for the market.
Report Overview
The report contains valuable insights attained by our analysts through a combination of primary and secondary research. The silane-modified polymers market is studied in minute detail and segmented on the basis of type, application, and region. The segments and sub-segments are analyzed for the period between 2018 to 2023. The strategies by polymer manufacturers and their respective strategies are outlined in detail. Differentiation in prices and raw materials as well as consumer analysis has been included in the report.
Segment Overview
By type, the silane-modified polymers market is segmented into polyurethane modified silane and polyether modified silane. Polyurethane modified silane is expected to dominate the market till 2023. Major market applications include building and construction, industrial assembly, transportation, automotive, and others. Building & construction is expected to be the biggest application, followed by automotive and transportation.
Regional Overview
Geographical segmentation of the market comprises five major regions – North America, Latin America, Europe, the Middle East & Africa, and Latin America. Among these, APAC accounted for the lion’s share of the silane modified polymer market in 2017. It is projected to exhibit a strong CAGR of 8.04% to touch USD 400.2 million by 2023.
Competitive Landscape
Key players profiled in the silane modified polymers market report include Tonsan Adhesive, Inc. (China), Sika AG (Switzerland), MAPEI SpA (Italy), Bostik (U.S.), 3M (U.S.), Henkel AG & Co., KGaA (Germany), Evonik Industries AG (Germany), Wacker Chemie AG (Germany), Huntsman International LLC (U.S.), and DowDuPont (U.S.). Emphasis on research and development coupled with expansion plans to expedite the production rate are primary strategies considered by these players.
Research Methodology
At MRFR, analysts discern, accumulate, and collate important data through a combination of primary and secondary research. Primary research methods comprise interviews with prominent personnel and top-level executives of polymer manufacturing companies. Relationships of these producers with old and new distribution channels are outlined in the market. Secondary research encompasses scouring SEC filings, whitepapers, press releases, and paid databases to ascertain the valuation of the market.
Top-down and bottom-up approaches are conducted to attain a 360 degree perspective of the market. Segments and their sub-segments and their respective values are authenticated through trusted sources which can assist investor in making sound judgments.
Analysis Period
Base Year - 2017
Projection Period - From 2018 to 2023
Market Valuation - USD Million
Market Volume - Kilotons
Type
Polyurethane Modified Silane
Polyether Modified Silane
Application
Building & Construction
Industrial Assembly
Transportation
Automotive
Others
Region
North America
The U.S.
Canada
Europe
Spain
Germany
U.K.
France
Russia
Italy
Rest of Europe
Asia Pacific
Indonesia
South Korea
Taiwan
India
Japan
China
Australia & New Zealand
Rest of Asia Pacific
Latin America
Argentina
Mexico
Brazil
Rest of Latin America
The Middle East & Africa
Israel
Saudi Arabia
Turkey
UAE
South Africa
Rest of Middle East & Africa
Intended Audience:
Silane modified polymers manufacturers
Traders and distributors of silane modified polymers
Production process Industries
Potential Investors
Raw material suppliers
Nationalized laboratory
Access Full Report @ https://www.marketresearchfuture.com/reports/silane-modified-polymers-market-4107
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
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