Silanes Market Analysis & Forecast | 2022-2028

Insights

The Silanes Market is estimated to grow from US$ 2.48 Billion in 2021 to US$ 4.31 Billion by 2028 at a CAGR of 8.1% during the forecast period of 2022-2028.

Wish to get a free sample? Register Here.

What are Silanes?

Silanes are an inorganic compound that is a colorless, pyrophoric, and toxic gas with a sharp, repulsive smell.

Key Players

Some of the key players in the silanes market are-

• Air Liquide S.A.
• Dow Corning Corporation
• Evonik Industries AG
• Gantrade Corporation
• Gelest, Inc.
• Momentive Performance Materials Holdings Inc.
• Nanjing Shuguang Chemical Group Co., Ltd.
• Nanjing Union Silicon Chemical Co., Ltd.
• ONICHEM
• Qufu Chenguang Chemical Co. Ltd.

Know which region offers the best growth opportunities. Register Here.

Market Drivers

The prime factor that is contributing to the growth of the market are-

• Rapid growth in the construction industry in the Middle East and Asia-Pacific
• Shifting preference of consumers toward solar energy.
• The growing electronic industry is expected to boost the growth of the silanes market during the forecast period.

Segment Analysis

By Type

Organofunctional Silanes are estimated to grow at a CAGR of more than 8.1% of the market during the forecast period.

Based on the type, the market is segmented as halosilanes/hydride functional silanes and organofunctional silanes.  The Organofunctional Silanes segment is driven due to their widespread application in various end-use industries such as construction, automotive, and electronics.

By Application Type

Fiberglass & Mineral Wool is estimated to witness strong growth in the market during the forecast period.

Based on the application type, the market is segmented as fiberglass & mineral wool, paints & coatings, polyolefin compounds, adhesives & sealants, sol-gel systems, fillers & pigments, foundry & foundry resins, silicones, and others.  The fiberglass & Mineral Wool segment is driven due to the growing product demand in various end-use industries and the excellent properties offered by it.

By Region

Asia-Pacific is estimated to be the leading region in the silanes market owing to rapid urbanization and industrialization in the region during the forecast period.

Know which region offers the best growth opportunities. Register Here.

Factors such as the widespread application of the product as adhesives, sealants, and paints & coatings, increasing R&D activities in the electronic industry, and shifting preference towards unconventional energy sources in emerging economies such as China, India, and Japan are further expected to boost the regional market’s growth.

North America and Europe are also expected to offer substantial growth opportunities.

The Silanes Market is segmented into the following categories. 

By Type

• Halosilanes/Hydride Functional Silanes
• Organofunctional Silanes

By Application Type

• Fiber Glass & Mineral Wool
• Paints & Coatings
• Polyolefin Compounds
• Adhesives & Sealants
• Sol-gel System
• Fillers & Pigments
• Foundry & Foundry Resins
• Silicones
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Overview, industry life cycle, and supply chain analysis.
• Environment analysis: Growth drivers and constraints, Porter’s five forces, and SWOT analysis.
• Trend and forecast analysis.
• Segment trends and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, Technology launches, etc.
• Attractive segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Target Audience

The following is a list of the customers that the market aims to convert the most:

• Manufacturers
• Suppliers
• Distributors
• Organizations
• Government bodies

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.