Report Overview

The Global Silanes Market Size is anticipated to grow to USD 2.19 billion by 2026 from USD 1.47 billion in 2019, at CAGR of 5.83% during the period 2020-2026.

Global Silanes Market size- Industry Trends & Outlook Report 2026

The Global Silanes Market Size is anticipated to grow to USD 2.19 billion by 2026 from USD 1.47 billion in 2019, at CAGR of 5.83% during the period 2020-2026. The growth in the Global Silane Market is driven by the growth in the automobile, consumer electronics, construction and pharmaceutical industries. Silanes are used in tire manufacturing, paints and coating as well as in plastic and rubber production as a coupling agent. They improve rolling resistance and compression and consolidate non-black pigments in the polymer backbone in tires of automobiles. Also, the Silanes find their significant application in paints and coatings whose demand depends on the volume of construction and renovation activities. Rapidly expanding construction sector assures market growth during the forthcoming period. Besides, the remarkable rise in rubber and plastic production is also expected to further fuel the demand for Silanes.

Global Silanes Market Overview

The Silanes are colorless gaseous compounds of silicon and hydrogen with properties similar to acetic acid. They are used to improve mechanical strength and electrical properties in some industries. Paints, inks and coatings use Silanes to increase resistance to abrasions and improve adhesion as well as for crosslinking and thermal stability. Silane is widely used in producing eco-friendly, solvent-free and UV-cured coatings, which in turn will drive the future market growth. 

Based on product Silanes are divided into Organo-Functional Silanes and Mono or Chloro Silanes. Sulfur, Vinyl, Amino, Epoxy, Methacryloxy are different types of compounds of Silanes used for different purposes. Amino Silane is widely used as a crosslinker, adhesive enhancer and consolidating agent for multiple industrial applications. It reinforces materials and inorganic fillers in resins' chemical bonding and is considered stable. 

Its water-based application contributes to its massive demand in coatings. Chlorine containing Silanes are used as a transitional item in the production of ultrapure silicon objects in the semiconductor industry and as a protecting agent in the pharma industry. In contrast, they are used as a bonding agent in the rubber and plastics industry. Product is widely used in plastic and packaging industry as mineral filler into the polymer matrix, which enhances its functionality.

The industries using Silanes hold substantial growth prospects which assure the accelerating growth for this market during the projected period. 

Global Silanes Market Outlook and Trends

Growth Drivers

  Massive Infrastructure Development in Emerging Economies

The most populated and developing economies of the world are shifting towards urbanization, and their infrastructure is undergoing massive change with enormous outlay and construction activities. Every industry is getting a boost due to rising developmental initiatives and per capita income, thereby, driving growth of the Silanes market. The upcoming construction activities in the private and public sector, in housing and commercial sector and rural and urban areas across the world drive the demand for more paints and coatings, which in turn, trigger the demand for more Silanes. 

Increasing Demand for Water-based Coatings in Paints

Paint and coatings industry widely use Silanes for formulating water-based coatings due to its non-reaction to water property, wettability and adhesion features. They also improve water-resistance and heat-resistance besides durability. The paint industry is the biggest user of the Silanes among all the segments and the rising demand from this segment contributes significantly to the growth of the Silanes market.

Fuel-efficiency and Compliances

The latest compliances related to fuel-efficiency and carbon emission control by governments for automobiles encourage the use of Silanes in the automobile industry to improve traction and rolling resistance of vehicles. The Silanes strengthened green tires help improve fuel efficiency by 5% reducing carbon emissions.

Restraints

Shift Towards Paper-packaging and ecofriendly packaging materials

Due to growing consciousness towards ecological balance, the industries world over prefer paper packaging to the traditional poly-based material using Silanes as mineral filler. The packaging industry has been the foremost user of Silanes, but this shift may adversely impact the growth of Silanes market.

Unbalanced Regional Growth

Some regions dominate the Global Silanes Market while other regions such as Europe do not use Silanes in different industries. This regional imbalance limits the expansion of Silanes market. However, their advantages in automobile industry also open up opportunities in this region.

Impact of COVID-19 in industry

Significant sectors of economies across the world are experiencing a slowdown in economic activities due to the prevalence of COVID-19. The spearheading companies in the Silanes market are witnessing low demand and low earnings during this fiscal. The distribution has been adversely affected due to delaying raw material and finished goods supply. The dominant end-use industries such as Automotives, Construction and Aerospace are observing a decline in demand, thereby, affecting the Silanes market negatively. However, the increasing industrial applications for different purposes and technological developments open up opportunities in other sectors.

Global Silanes Market: Segmentation

In terms of application, the Global Silanes Market is divided into Rubber & Plastics, Fiber Treatment, Adhesives and Sealants and Paints and Coatings. Rubber and Plastics segment dominates the market with one third market share, and it is expected to register highest CAGR during the projected period due to high demand for green tires and more use of plastic for producing lightweight automotive. Its demand depends on the automotive and consumer goods sales. The tire demand from the automotive industry and replacement demand number of vehicles on the road drive the market for Silanes. 

Silanes are used to treat glass fibers, yarns, glass wools surfaces and others as a coupling agent in general and high-performance applications in construction, automotive, marine, and aerospace and others. Its demand for fiber treatment is determined by the growth of glass fiber and carbon fiber composites in different industries.

Silanes improve adhesion of adhesives and sealant in inorganic substances such as stone, metals, glass and other rough surfaces to withstand the environmental humidity, UV radiation, water and heat. The key end-use industries using Silanes are growing, thereby promising better market prospects during the forthcoming period. Use of Silanes offers many benefits in paints and coatings as they enhance UV and thermal stability, chemical resistance and corrosion protection of the coatings. 

Global Silanes Market: Regional Insights 

The Asia Pacific region dominates the Global Silanes Market and contributes significantly in the Global Silanes Market. It is anticipated to witness the highest CAGR during the projection period 2020-2026. Growing consumption of paints and coatings and plastic products, particularly in South Korea, Japan and China is likely to induce the demand for Silanes in this region. China will emerge as a leading player contributing as producer and consumer in the market. Other developing nations such as China and India are expected to notice rapid growth during the projection period.

North America is expected to dominate the epoxy Silanes market with huge demand and production. In contrast, Central $& South America and Central & Eastern Europe will notice the growth in mono/chloro segment of Silanes. The Silanes market in Latin America is expected to observe the sluggish growth rate during the projected period.

Competitive landscape

The Silanes market comprises many stakeholders engaged in research and development, manufacturing, raw material supply, distribution and after-sales services. The leading players considered for market analysis are Wacker Chemie AG (Germany), Momentive Performance Materials Holdings LLC (US), Shin-Etsu Chemical Company Ltd. (Japan), WD Silicone Company Limited (China), Gelest Incorporation (US), Dow Corning (US), Gelest Inc (US), PCC SE (Germany), Air Products and Chemicals Inc (US), Nantong Sogeler Chemical(China) and others.

Recent Developments

May 27, 2020: Shin-Etsu Chemical Company Ltd. (Japan) has developed "Reduced-Platinum Reaction Curing System Technology" and plans to integrate into the production of silicone release coatings. The product will find application in stickers, labels and adhesive tapes.

April 30, 2020: Mitsubishi Chemical (Japan) acquires Gelest Inc. (US). Under this acquisition, the tremendous research and development and production capabilities of Gelest will be combined with MCC's operating resources and customer network.

Scope of the Report

By Functional Type

Ø  Organo-Functional Silanes

Ø  Mono/Chloro Silanes

By Application

Ø  Rubber

Ø  Fiber Treatment

Ø  Adhesives & Sealants

Ø  Paint & Coatings

By Region:

Ø  North America

Ø  Europe

Ø  Asia Pacific

Ø  Latin America

Ø  Middle East & Africa

The objective of the Study:

Ø  To analyze and estimate the Global Silanes Market size, in terms of value.

Ø  To examine the market segmentation carefully and estimate the market size, in terms of value, based on the region by segmenting the Global Silanes Market into five regions, namely, North America, Europe, Asia Pacific, Rest of the World and their leading countries.

Ø  To outline, categorize and project the Global Silanes Market based on the Type, Application and Industry Vertical and Region.

Ø  To examine competitive developments in applications, technology and diverse industry usage within the Global Silanes Market.

Ø  To highlight market dynamics such as drivers, restraints, opportunities, and challenges and their impact.

Ø  To provide a detailed competitive landscape, including major players, their strategic profiles, and market shares.

Business Questions Answered by the Report

Ø  How will the market drivers, restraints, and opportunities affect the market dynamics?

Ø  What will be the market size in terms of value and volume and market statistics with a detailed classification?

Ø  Which segment dominates the market or region, and which one will be the fastest-growing, and why?

Ø  Who are the key players in the market, and what is their share?

Ø  What is the strategy adopted by key players, and how does it affect the existing and new players?

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization as per client’s specific needs. The following customization options are available for the report:

Ø  Additional Company Information

Ø  Detail Analysis of five additional companies

Ø  Additional country analysis

Ø  Detailed segment analysis