Press release
Silane Market Expected to Reach US$ 2.35 Billion by 2027 | Industry CAGR of 5.22%
Silane is an organic compound produced from metallurgical-grade silicon. It is a colourless, flammable, and poisonous gas with a strong repulsive odor. It is used in fiberglass and composites to improve their mechanical strength and electrical properties. Moreover, it is employed in manufacturing amorphous silicon solar cells. Silane is also utilized in adhesives and sealants to obtain high performance under dry and wet conditions and extend its shelf life with excellent solubility. At present, it finds extensive applications in paints and coatings, electronics, and rubber industries across the globe.
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Silane Market Trends:
Rapid urbanization and significant growth in construction activities are catalyzing the demand for paints and coatings. This, along with the increasing use of silane in coatings to enhance scratch-resistance and corrosion-resistant properties, presently represents one of the key factors positively influencing the market across the globe. Besides this, the growing adoption of electronic gadgets and increasing applications of silane gas for insulation coating in semiconductors, which are employed in electronic machines, is currently creating a favorable market outlook. Furthermore, the growing application of silane in aerospace and automotive industries on account of its ability to form durable bonds with metal, glass, and ceramics is driving the market worldwide.
Breakup by Product:
Alkyl Silane
Sulfur Silane
Amino Silane
Vinyl Silane
Epoxy Silane
Methacrylate Silane
Mono/Chloro Silane
Others
Breakup by Application:
Coupling Agents
Adhesion Promoters
Hydrophobing and Dispersing Agents
Moisture Scavengers
Silicate Stabilizers
Others
Breakup by End Use Industry:
Paints and Coatings
Electronics and Semiconductors
Rubber and Plastics
Adhesives and Sealants
Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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