Global Silanes Market accounted for USD 1.40 billion in 2016 and is projected to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Silanes can be defined as chemical compounds, which have a structure of colorless pyrophoric gas characterized by a sharp unpleasant smell, these compounds are substituents on silicon. They are a combination of silicon with other atoms majorly carbon, nitrogen and hydrogen. Silanes are used as compounds in various end-use products such as adhesives & sealants, paints & coatings, for the improvement of their mechanical and chemical properties.
Segmentation: Global Silanes Market
Global silanes market is segmented on the basis of:
- Product Type – Alkyl, Sulfur, Amino, Vinyl, Epoxy, Methacrylate, Mono/Chloro
- Application – Paints & Coatings, Adhesives & Sealants, Rubber & Plastics, Fiber Treatment, Other
- Geography – North America, South America, Europe, Asia-Pacific, Middle East and Africa
Key Market Competitors: Global Silanes Market
Few of the major competitors currently working in the global silanes market are Evonik Industries, Shin-Etsu Chemical Co Ltd, Momentive Performance Materials Holdings Llc, Dow Corning Corporation, Wacker Chemie Ag, Gelest Inc, Wd Silicone Co Ltd, Jingzhou Jiangham Fine Chemical Co Ltd, Nanjing Shuguang Chemical Group Co Ltd, China National Bluestar Group Co Ltd, 3m, Jinagsu Chenguang Silane Co Ltd, Xflp Chemical Co Ltd, Usi Chemicals, Silicones Europe and many more.
Market Analysis: Global Silanes Market
The Global Silanes Market accounted for USD 1.40 billion in 2016 and is projected to grow at a CAGR of 6.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers:
- Increasing focus on fuel efficiency and regulatory compliance
- Growing automotive, building & construction sector
- Rising demand for water-based coating formulation
- High cost of production
- Growing demand for paper packaging and other environment-friendly packaging materials
Market Segmentation: Global Silanes Market
The silanes market is segmented on the basis of product type into alkyl, sulfur, amino, vinyl, epoxy, methacrylate and mono/chloro
On the basis of application, the market is segmented into paints & coatings, adhesives and sealants, rubber & plastics, fiber treatment and other.
On the basis of geography, the silanes market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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Competitive Landscape: Global Silanes Market
The global silanes market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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