Global Silanes Market Share Analysis 2024, Forecast To 2033
8 Mar, 2024
The silanes market expects growth from $2.58 billion in 2023 to $2.77 billion in 2024, with a CAGR of 7.5%. By 2028, it's forecasted to hit $3.57 billion, with a CAGR of 6.5%. Electric vehicles and adhesives propel this, alongside trends like solar energy and functionalized coatings.
Global Silanes Market Key Driver
The growing demand from the automotive sector is driving growth in the silane market. Increased automotive production requires silanes for various applications, driving market growth. For instance, ACEA reported a rise in passenger car sales and production, driving market growth.
Get A Free Sample Of The Global Silanes Market ReportGlobal Silanes Market Segments
The silanes market covered in this report is segmented –
1) Product:Alkyl Silane, Sulfur Silane, Amino Silane, Vinyl Silane, Epoxy Silane, Methacrylate Silane, Mono Or Chloro Silane, Other Products
2) Function:Coupling Agents, Adhesion Promoters, Hydrophobing And Dispersing Agents, Moisture Scavengers, Silicate Stabilizers
3) Application:Fiberglass And Mineral Wool, Paints And Coatings, Polyolefin Compounds, Adhesives And Sealants, Sol-Gel System, Fillers And Pigments, Foundry And Foundry Resin, Silicones
By Geography: The countries covered in the silanes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Asia-Pacific was the largest region in the silanes market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the silanes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Silanes Industry Players
BASF SE; INEOS Group Limited; Dow Corning Corporation; Merck KGaA; Shin-Etsu Chemical Co. Ltd.; Evonik Industries AG; PPG Industries Inc.; Air Products and Chemicals Inc.; Sika AG; Huntsman Corporation; Wacker Chemie AG; The Chemours Company; Elkem ASA ; Silar (Entegris); OCI Company Ltd.; JSR Corporation; Momentive Performance Materials Inc.; Hexion; AlzChem Group; BRB International (PETRONAS Chemical Group); Nitrochemie Aschau GmbH; Gelest Inc.; Alfa Aesar; 3V Sigma; SiVance LLC; United Chemical; Genesee Polymers Corp.; Qufu Chenguang Chemical Co. Ltd.; Dalian Onichem Co. Ltd.
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Silanes Market Overview
Silanes refer to a group of chemical compounds composed of silicon and hydrogen atoms, including chlorosilanes, alkoxysilanes, and sleaziness. Silanes are used in various industrial and commercial sectors, including adhesives, sealants, coatings, and waterproofing.