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Market OverviewSilanes are chemical compounds that consists of one or more silicon atoms linked together. The basic raw materials used for the manufacturing of silanes are silicone metal and methanol. Silanes are extensively used in a range of industries as adhesion promoters, coupling agents, and crosslinking agents. Silanes offer properties such as tear resistance, durability, and flexibility to various substrates which makes them suitable for use in rubber and plastics, paints and coatings, adhesives and sealants, and fiber treatment applications.
The growth of the global silanes market is primarily driven by the increasing use in the construction industry and the rising demand in the automotive industry. Silanes are also widely used in water-based coatings. The growing population in Asia-Pacific and increased housing and infrastructure development are expected to generate substantial revenue in the global silanes market during the forecast period.
Moreover, the growing use of silanes in the automotive rubber industry is also expected to positively contribute to the growth of the market. However, the high costs associated with the production of silanes are expected to be a major restraint to the growth of the market during the forecast period.Competitive Analysis
Some of the manufacturers operating in the global silanes market are Gelest, Inc. (US), Schill+Seilacher "Struktol" GmbH (Germany), PCC SE (Germany), Shin-Etsu Chemical Co., Ltd (Japan), Momentive Performance Materials Inc. (US), CHT Group (Germany), DowDupont (US), Evonik Industries AG (Germany), Wacker Chemie AG (Germany), and SiVance, LLC (US).
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Silanes Market Segments
By type, the global silanes market has been segmented into mono/chloro silane, amino silane, alkyl silane, sulfur silane, vinyl silane, epoxy silane, methacryluxy silane, and others. The mono/chloro silane segment was the largest in 2017 and is projected to remain dominant during the forecast period. Mono/chloro silanes are widely used in the semiconductor industry.
These silanes are extensively used in integrated circuits, central processing units, photovoltaic, and liquid crystal display applications. The amino silane segment is expected to be the second-largest, closely followed by the alkyl silane segment. The alkyl silane segment was valued at over USD 200 million in 2017 and is projected to reach a market value of over USD 250 million by the end of 2023. Alkyl silanes are widely used in optoelectronics, solar cells, flat panel displays, and glass coatings, among others. Moreover, automobile side mirrors are also treated with alkyl silanes owing to their excellent self-cleaning properties. Rising automobile production is expected to contribute to the growth of the segment.
On the basis of application, the global silane market has been segmented into paints and coatings, adhesives and sealants, rubber and plastics, fiber treatment, and others. The paints and coatings segment is projected to generate the highest revenue during the forecast years. Silanes are widely used in paint formulations and for the modification of binders. Increasing construction across the globe is projected to be a major factor boosting the growth of the segment.
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Silanes Market Regions
The Silanes Market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
The market in Asia-Pacific dominated the global silanes market in 2017 on account of the high demand in major applications such as paints and coatings and rubber. Moreover, the growing demand for packaging material in the region has augmented the use of plastic, which is projected to add to the demand for silanes in the region. China and India are the major country-level markets for silanes in this region.
Segments
The Global Silanes market has been segmented on the basis of type, application, and region.
On the basis of type, the market has been categorized as mono/chloro silane, amino silane, alkyl silane, sulfur silane, vinyl silane, epoxy silane, methacryluxy silane, and others.
Based on application, the global silanes market has been segmented into paints and coatings, adhesives and sealants, rubber and plastic, fiber treatment, and others.
On the basis of region, the market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
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