Silanes Market Trends, Analysis | Forecast To 2024 | Key Players like Evonik, Air Liquide, Momentive, Shin-Etsu, Gelest, Dow

Silanes Market size for fillers & pigments is projected to witness gains close to 7.5% from 2018 to 2024. The product creates permanent chemical bonds and function as a molecular conduit between organic and inorganic substrates which help in improving and developing new functionalities. Therefore, it is used in kaolin, clay, talc, mica, or quartz which are extensively applicable as fillers in rubber or thermoplastic industry.

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Europe silanes market size was valued more than 25% of the total silanes market share in 2017. It is majorly attributed to strong product demand from the automotive industry, restructuring & remodeling construction activities, in the form of fillers, pigments, paints, coatings, adhesives, sealants, etc. In paints & coatings, product is used to improve the adhesion to coated surfaces and bridge the interface between unlike substrates. These trends are projected to help attain significant gains to the global silanes market size by 2024.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. TCI - Tokyo Chemical Industry
2. Chengdu Taiyu Industrial Gases Co., Ltd.
3. Shandong Wanda Organosilicon New Material Co., Ltd.
4. Silar Laboratories
5. Shin-Etsu
6. Gelest
7. Air Liquide
8. Qufu Chenguang Chemical Co. Ltd.
9. Gantrade
10. Nanjing Shuguang Chemical Group Co., Ltd.
11. Momentive
12. USI (silane) CHEMICAL
13. Nanjing Union Silicon Chemical Co,ltd
14. Dow Performance Silicones
15. Dowcorning
16. ONICHEM
17. Evonik

Furthermore, it is used in the preparation of pigments for surface modification. For instance, inorganic pigments like TiO2, iron oxide, ATH (aluminum trihydrate) and others are rendered hydrophobic using alkyl silanes. These parameters will result in boosting the silanes market size by 2024.

The regional segmentation covers:

o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
o North America Region (U.S., Canada, Mexico)
o South America Region (Argentina, Brazil, Columbia, Rest of South America)
o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

The major regions in the silanes market that are likely to establish a coveted position in the industry and the ones who have major scope for improvement are enlisted in the report. Also, a detailed evaluation of the latest technological advancements in the industry, in tandem with the detailed profiles of the major companies in the market have been given, as well as a unique model analysis.

As per the latest research report, Silanes Market size was over USD 2.3 billion in 2017 and to surpass USD 3.9 billion by 2024. The global market will grow at 8% CAGR between 2018 and 2024.

The report also delivers a concise analysis about the competitive landscape of this industry. All the details of the global silanes market have been outlined in the report in exceptional detail, in a systemic pattern, post conducting a detailed evaluation of the driving factors, hindering parameters, as well as the future prospects of the industry.

According to a report compiled to predict the dominating trend for global construction by 2030, it was noted that U.S., China and India would be the leading countries that world impart a major boost to the global construction industry. It is anticipated that by 2030 the global construction output will grow almost by 85% and generate almost $15.5 trillion in terms of revenue with the three leading countries accounting for 57% of the total growth. The U.S. construction market is expected to expand faster than the China construction market with an annual growth rate of 5% and the former will overtake the latter within the next 15 years.

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Meanwhile, construction rates in India will eventually overtake that of Japan and by 2021 become the third largest construction market in the world. In fact, the Indian construction market is anticipated to grow almost twice as fast as China with the urban Indian population estimated to reach 165 million by 2030, Delhi becoming the world's second-largest city with 10.4 million people. By 2030, the Indonesian construction industry is also expected to overtake that of Japan and in Latin America, Mexico will overtake Brazil.

Silane also finds application in the manufacturing of solar cells and considering the booming solar energy industry in North America and Europe, it is anticipated that the silane market will register major growth trends through the deployment of increased solar power application in the two regions. Notably, the global solar photovoltaic capacity, which was 5 GW in 2005, has increased to 306.5 GW in 2016 with Germany alone having installed 41.3 GW of solar PV. In 2016, the solar PV market in the U.S. has been estimated to have worth $4.7 billion with solar technologies being heavily funded and the Solar Investment Tax Credit adding to the incentives of investing in solar power expansion.

Some of the prominent silanes market players are Momentive Performance Materials, Dow Corning, Tokyo Chemical, ONICHEM, Evonik Industries, Gantrade Corporation and Air Liquide. Most of the market share contributors are engaged in forming strategic alliances to expand its business presence in the market. For instance, Air Liquide acquired a U.S. based company Airgas in 2016. This move was intended to expand company's market in the U.S. in industrial gases.

As silanes are able to form bonds in ceramic, glass, metal, and other surfaces, adhesives & sealants are utilized in a range of sectors such as construction, automotive, aerospace, etc. Out of these business verticals, silanes are being currently used extensively in the construction sector. In this context, it is prudent to take note of the energy conservation trends that have swamped the global construction sector and the role of silanes in increasing energy efficiency in buildings.

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Main Features of the Global Market Research Report:

-The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2026.

-The report also describes the major drivers of the worldwide silanes market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of silanes industry, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the Organic Spice market.

-The report provides detailed knowledge about the competitive scenario of the global silanes market and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition.

-The report analyses the various market segments and also provides their contribution to the development of the global market.

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