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Silanes Market Share Will Take a Big Hit in the Coming Years

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The "Silanes Market is projected to reach USD 1.83 Billion by 2021, at a CAGR of 5.7% from 2016 to 2021. Silanes mainly find applications in rubber & plastics, fiber treatment, paints & coatings, and adhesives & sealants. The rapidly growing automotive industry, along with the increasing demand for high performance green tires, is driving the silanes market. Rising number of industrial applications of silanes and new applications in the cosmetics and pharmaceutical industries are expected to create opportunities in the future.


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Browse 119 market data tables and 49 figures spread through 166 pages and in-depth TOC on "Silanes Market”


Target Audience

  • Raw material suppliers
  • Silanes manufacturers
  • Companies in end-user industries such as rubber & plastics, paint & coating, fiber treatment, and adhesives & sealants
  • Industry associations


The market is driven by the increasing focus on fuel efficiency and regulatory compliances, growing automotive and building & construction industries, and rising demand for water-based coating formulations.


Rising demand for silanes in Asia-Pacific contributes to the high growth of silanes market


Asia-Pacific accounted for the largest share of the silanes market, in terms of value, in 2015, as it is the largest market for applications of silanes, such as rubber & plastics, adhesives & sealants, and paints & coatings. China, India, and Japan are projected to be the leading automotive markets by 2021. Therefore, automotive sales are likely to increase the need for silanes in rubber & plastics, glass fiber composites, and paints & coatings industries in the next five years. Asia-Pacific is expected to continue its dominance in the market till 2021.


Key companies 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.


https://www.prnewswire.com/in/news-releases/silanes-market-worth-183-billion-usd-by-2021-615573713.html


Evonik’s strategy is to attain profitability and create sustained value. The company, as a part of its expansion strategy, is planning to tap new and growing applications areas across key end-use industries. The company has expanded its silanes plant capacity in North America as well as in other countries such as Germany, Brazil, and China. It focuses on developing innovative products and technologies and better positioning of its products globally to capitalize on the emerging markets.


Shin-Etsu Chemical Co. Ltd is financially strong and is continuously investing in R&D, especially in the silanes division. This increases the manufacturing of innovative products to cater the rising demand. The emerging markets of silanes owing to its wide range of applications will help the company gain profitability. The company plans to create a competitive advantage through the strategy of R&D. Apart from this, the capacity expansion in Thailand by 2017 will double the production capabilities of silicon monomer, which is used to manufacture silanes.


Critical questions which the report answers

  • What are new application areas which the silanes companies are exploring?
  • Which are the key players in the market and how intense is the competition?


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