Silanes Market worth USD 1.83 Billion by 2021 at a CAGR of 5.7%
Global Silanes Market was valued at USD 1.39 Billion in 2015 and is expected to grow up to USD 1.83 Billion by 2021, at a CAGR of 5.7% between 2016 and 2021. The base year considered for the study is 2015, while the forecast period is between 2016 and 2021.
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Premium Insights of the report:
- Attractive Opportunities in Silanes Market
- Asia-Pacific Silanes Market, By Application and Country, 2015
- Silanes Market Attractiveness
- Market Share of Regions, By Application
Major manufacturers 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.
The rubber & plastics segment is estimated to be the largest application segment of 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.
The mono/chloro silane segment is projected to be the fastest-growing type segment of the global silanes 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.
Browse 119 market data Tables and 49 Figures spread through 166 Pages and in-depth TOC on "Silanes Market"
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