The global silane market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for silane from end-use industries such as automotive, building and construction, and personal care is expected to drive market growth over the forecast period. In automotive rubber, silane is used to improve properties such as rolling resistance, abrasion resistance, and compression.
The global silane market report has been segmented on the basis of product, application, and region.
On the basis of product, the global silane market has been segmented into alkyl silane, amino silane, vinyl silane, epoxy silane, methacrylate silane, sulfur silane, and others (Mono/chloro silane and functional silane). The alkyl silane segment is expected to witness steady growth over the forecast period. Alkyl silane is used for hydrophobic surface treatments of organic surfaces and fillers.
On the basis of the application, the global silane market has been segmented into rubber & plastics, paints & coatings, adhesives and sealants, fiber treatment, and others (pharmaceuticals, chemical processing, and personal care). Rubber & plastics segment is expected to witness higher growth rate over the forecast period. Growing automotive and consumer goods industry is expected to drive segment growth over the forecast period.
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On the basis of region, the global silane market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market is expected to grow at a rapid pace over the forecast period. Changing lifestyle coupled with growing health awareness among the people in the region is expected to drive the growth of personal care, pharmaceuticals, and healthcare industry, and in turn is anticipated to augment silane market.
Key players operating in the global silane market include Gelest, Inc., Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, The Dow Chemical Company, Momentive Performance Materials Inc., Wacker Chemie AG, Nanjing Union Silicon Chemical Co., Ltd. (USI Chemical), Nitrochemie Aschau GmbH, Nanjing Shuguang Chemical Group Co., Ltd., and NEOCHEMA GmbH.