The Global Silanes Market is projected to reach USD 1.83 Billion by 2021, at a CAGR of 5.7% from 2016 to 2021. Silanes are used as coupling agents, adhesion promoters, dispersing agents, crosslinking agents, blocking agents, reinforcements in fiberglass, and mineral fillers in rubber & plastics. The growth of these applications is driving the silanes market globally.
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Browse 119 market data Tables and 49 Figures spread through 166 Pages and in-depth TOC on "Silanes Market"
Rubber & plastics was the largest application segment of silanes in 2015, backed by the growth of the automotive and consumer goods industries. The increasing awareness about green tires, as a result of stringent regulations on fuel efficiency, demand for original equipment sales, replacement of tires, and development of environment-friendly coatings along with the growing economies of China, India, and the U.S. are driving rubber & plastics market.
Based on type, the mono/chloro silane segment is projected to grow at the highest CAGR between 2016 and 2021. Mono/chloro silanes are primarily used in electrical & electronics, integrated circuits, photovoltaics, and flat panel displays. These are also used as protecting agents for intermediates in pharmaceutical syntheses and synthesis of silanes and siloxanes. The growing electronics & electrical and flat panel displays industries and increasing focus on solar as renewable energy in developing countries are expected to drive this segment in the next five years.
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.
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