Factors that Impact on the Silanes Market in Upcoming Years!

The Global Silanes Market is projected to reach USD 1.83 Billion by 2021, at a CAGR of 5.7% from 2016 to 2021. Silanes are used as coupling agents, adhesion promoters, dispersing agents, crosslinking agents, blocking agents, reinforcements in fiberglass, and mineral fillers in rubber & plastics. The growth of these applications is driving the silanes market globally.

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Objectives of the report are as follows:

• To define and segment the market for silanes
• To provide detailed information regarding the major factors influencing the growth of the global silanes market (drivers, restraints, opportunities, and challenges)
• To project the market size, in terms of volume and value, for key regions, such as North America, Europe, Asia-Pacific, South America, and Middle East & Africa
• To analyze competitive developments, such as new product launches, capacity expansions, mergers & acquisitions, and partnerships & agreements in the market
• To strategically profile key players operating in the global silanes market

Rubber & plastics was the largest application segment of silanes in 2015, backed by the growth of the automotive and consumer goods industries. The increasing awareness about green tires, as a result of stringent regulations on fuel efficiency, demand for original equipment sales, replacement of tires, and development of environment-friendly coatings along with the growing economies of China, India, and the U.S. are driving rubber & plastics market.

Based on type, the mono/chloro silane segment is projected to grow at the highest CAGR between 2016 and 2021. Mono/chloro silanes are primarily used in electrical & electronics, integrated circuits, photovoltaics, and flat panel displays. These are also used as protecting agents for intermediates in pharmaceutical syntheses and synthesis of silanes and siloxanes. The growing electronics & electrical and flat panel displays industries and increasing focus on solar as renewable energy in developing countries are expected to drive this segment in the next five years.

 

Asia-Pacific accounted for the largest share of the Silanes Market, in terms of value, in 2015, as it is the largest market for applications of silanes, such as rubber & plastics, adhesives & sealants, and paints & coatings. China, India, and Japan are projected to be the leading automotive markets by 2021. Therefore, automotive sales are likely to increase the need for silanes in rubber & plastics, glass fiber composites, and paints & coatings industries in the next five years. Asia-Pacific is expected to continue its dominance in the market till 2021.

Major companies profiled in the global silanes market research report include Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemicals Co., Ltd. (Japan), and China National BlueStar (Group) Co., Ltd. (China), among others.

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