IMARC Group, a leading market research company, has recently releases report titled “Silane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global silane market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the silane market?

Report Attributes

Details

Market Size in 2022

US$ 1.9 Billion

Market Forecast in 2028

US$ 2.5 Billion

Growth rate (2023 to 2028)

CAGR of 5%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is silane?

Silane (H4Si) is a flammable, colorless, poisonous gas emitting a pungent odor. It is produced using aluminum silicide and hydrochloric acid or an aqueous solution of sodium, manganese, ammonium, and ferrous chloride. It responds strongly to oxidizing agents and is a strong irritant to the eyes, skin, and mucous membranes. It is also employed in several industrial uses, such as crosslinkers, coupling agents, adhesion promoters, moisture scavengers, surface modifiers, and resin additives.

Additionally, silane is utilized as a water-based liquid or gel due to its capacity to decrease capillary water absorption and harmful substances while also improving frost resistance. As a result, silane is widely adopted in paints and coatings, rubber and plastics, electronics and semiconductors, adhesives, and sealants industries across the globe.

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What are the growth prospects and trends in the silane?

The market is primarily driven by the increasing demand for paints and coatings products. In addition, the increasing construction activities, the escalating demand for water-resistant coatings in the construction and automotive industries, and the rising use of silane as a reducing agent in chemical synthesis are contributing to the market growth. Moreover, various technological advancements and rising urbanization are escalating the demand for electronic devices. Silane is extensively deployed in the electronics sector for lithography and processing auxiliaries and as an insulating layer in the components of semiconductors, representing another major growth-inducing factor.

Besides this, the widespread adoption of high-performance polymers in the aerospace industry and the rising demand for high-purity silane in the pharmaceutical industry are accelerating the product adoption rate. Furthermore, the growing environmental awareness has escalated the demand for highly efficient, solvent-free, and ultraviolet-cured coatings resulting in the extensive use of silane for the formulation of solvent-free coatings, thus creating a positive market outlook.

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

  • Alkyl Silane
  • Sulfur Silane
  • Amino Silane
  • Vinyl Silane
  • Epoxy Silane
  • Methacrylate Silane
  • Mono/Chloro Silane
  • Others

Breakup by Application:

  • Coupling Agents
  • Adhesion Promoters
  • Hydrophobing and Dispersing Agents
  • Moisture Scavengers
  • Silicate Stabilizers
  • Others

Breakup by End Use Industry:

  • Paints and Coatings
  • Electronics and Semiconductors
  • Rubber and Plastics
  • Adhesives and Sealants
  • Others

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • Air Products Inc.
  • Dow Inc.
  • Evonik Industries AG
  • Gelest Inc. (Mitsubishi Chemical Holdings Corporation)
  • Momentive Performance Materials Inc.
  • Nanjing Shuguang Chemical Group Co. Ltd.
  • Power Chemical Corporation
  • Rheinmetall AG
  • Shin-Etsu Chemical Co. Ltd.
  • Silar
  • Tokyo Chemical Industry Co. Ltd.
  • Wacker Chemie AG.

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