Global Silanes Market Size By Functional Type, By Application, and Region ; Trend Analysis, Market Competition Scenario & Outlook, 2021-2026.
発行: Blueweave Consulting & Research Private Limited
ページ情報: 英文 171 Pages
Global Silanes Market Size By Functional Type (Organo-Functional Silanes, Mono or Chloro Silanes), By Application (Rubber, Fiber Treatment, Adhesives & Sealants, Paint & Coatings), and Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa); Trend Analysis, Market Competition Scenario & Outlook, 2021-2026..
According to Blueweave Consulting, the Global Silanes Market worth is expected to reach USD 2.19 billion in 2026 from the USD 1.47 billion in 2019, at CAGR of 5.83% during the period 2020-2026. The demand of Silanes is dependent on the growth of the automobile, consumer electronics, construction, and pharmaceutical industries. Silanes are widely used in the manufacturing of tires and production of paints & coatings and plastic and rubber items as a coupling agent. The rising use of Silanes in paints and coatings, rubber and plastics, fiber treatment, and adhesive and sealant applications trigger the demand of Silanes substantially. Rapidly expanding construction activities, growing production of plastic, rubber and glass items, and rising use of adhesives in different industries ensure the growth of this market.
The Silanes are colorless gaseous compounds of silicon and hydrogen carrying properties similar to acetic acid. They are used as coupling, crosslinking & blocking agents as adhesion promoters.
Based on function, the Silanes are divided into Organo-functional Silanes and Mono/Chloro Silanes. The Silanes' reactivity acts as a bridge between organic or inorganic or polymer substances of minerals, fillers, metals, rubber, thermoplastics, and others and improves adhesion. They promote adhesion in paints and coatings, disperse molecules in concrete, and reinforce fiberglass and mineral fillers in plastic & rubber and crosslink polyethene, acrylics, and urethanes paints and coatings. Rubber and Plastics Segment dominates the Global Silanes market. Based on application, the Silanes market is segmented into Rubber and Plastics, Fiber Treatment, Adhesive sealants, and Paints & Coatings.
Rubber and Plastics Segment dominates the Global Silanes market in terms of value and volume. It is expected to register the highest CAGR during the forthcoming period due to the rising demand for green tire and lightweight plastic parts in the automotive sector.
The most populated developing economies such as China and India are witnessing a surge in infrastructure projects. The construction activities for rural and urban housing and commercial properties, are enormous, driving demand for paints and coatings. The development in the automotive, construction, aerospace, glass, and metal industries drives the demand for Silanes.
The paint and coatings industry extensively uses Silanes to provide durability, water-resistance, and heat-resistance to water-based coatings. The automotive industry uses green tire made by the use of Silanes to improve fuel efficiency & rolling resistance and comply with carbon emission standards. The rising demand for the same promises bright prospects for the Global Silane Market.
However, a shift towards paper-packaging and eco-friendly packaging material and regional disparities in usage impede the growth of the Silanes market.
Asia Pacific region holds the major market share, contributing significantly to the Global Silanes Market. It is expected to witness the highest CAGR during the projection period 2020-26. It consists of various developing economies like India, China, and others, characterized by industrialization, rapid urbanization, more investment in infrastructure projects by state and private enterprises, and rising population and per capita income. Growing consumption of paints and coatings and plastic products, particularly in South Korea, Japan, and China is likely to induce the demand for Silanes in this region. China is expected to emerge as a leader in Asia Pacific Silanes Market.
North America is expected to capture the market for epoxy Silanes as there is huge demand and production. In contrast, Central & South America and Central & Eastern Europe are anticipated to notice the growth in the mono/chloro segment of Silanes. The Silanes market in Latin America is expected to observe the sluggish growth rate during the projected period.
"The leading players" in the Global Ceramics Tiles Market are Wacker Chemie AG (Germany), Momentive Performance Materials Holdings LLC (US), Shin-Etsu Chemical Company Ltd. (Japan), WD Silicone Company Limited (China), Gelest Incorporation (US), Dow Corning (US), Gelest Inc (US), PCC SE (Germany), Air Products and Chemicals Inc (US), Nantong Sogeler Chemical(China) and others.
*Financial Details Not Be Captured in Case of Unlisted Companies
**The segmentation and the companies are subjected to modifications based on the in-depth secondary for the final deliverable