Silane Market Size, Share, Opportunities, And Trends By Type (Halosilanes/hydride Functional Silanes, Organofunctional Silanes), By Application (Fiberglass & Mineral Wool, Paints & Coatings, Polyolefin Compounds, Adhesives & Sealants, Sol-gel System, Fillers & Pigments, Foundry & Foundry Resin, Silicones), And By Geography - Forecasts From 2023 To 2028

  • Published : Jan 2024
  • Report Code : KSI061616404
  • Pages : 142

The silane market is projected to grow considerably during the forecast period

The rapidly developing end-user sectors drive the silane market with increasing product demand. Throughout the forecast period, the silane-based coatings used by the expanding construction sector are expected to fuel an increase in demand for paint and coating products. The results of recent building projects in the Asia-Pacific region as well as rising infrastructure restoration efforts in Western Europe and North America have caused a spike in demand for a variety of industrial coatings, adhesives, plastic components, and other materials. A considerable amount of silane products is needed for continuous production to meet the growing demand for tires and other lightweight, durable plastic components resulting from the growing silane industry.

Increasing demand from the paint and coating industry

In the coatings industry, silane is employed as tackifiers and primers. The primary purpose of primer is to strengthen the adhesion between the protected substrate and the resin coating. A silane coupling agent, which is the primary ingredient in primer, can be mixed with pigments, catalysts, and specific film-forming agents. Solvent dilution, created by solvent evaporation, hydrolysis, and airborne water condensation, creates the bottom coating. The wettability and dispersion of inorganic pigments and fillers in the coating phase can be greatly enhanced. This is done by treatment with silanes or additives for fillers and pigments used in oil-based and waterborne coatings. Coatings' viscosity can be significantly decreased.

Rising use of functional silane

This market is growing due to the growing need for functional silanes in various industries, including electronics, automotive, and construction. This is because they aid in improving the adherence of coatings, adhesives, and sealants to substrates. By joining two materials with disparate properties, functional silanes can enhance the mechanical properties of the composite. Furthermore, functional silanes are widely used as coupling agents, adhesion promoters, crosslinkers, primers, and water scavengers in the adhesive and coatings industries. Additionally, these are employed to alter the characteristics of materials, leading to enhanced performance outcomes.

Growth in the construction industry

Silanes are extensively utilized in the construction industry due to their superior properties, and rising construction activity around the world is driving the market. Silanes protect hydrophobization, graffiti, and corrosion control in addition to their superior water-repellent and surface protection qualities. Preventing water and chloride ions from penetrating the substrate is the best defence against building deterioration. The Indian government intends to spend USD 1.4 trillion over the next five years on infrastructure, having already committed USD 63 billion for 2019–20. It is anticipated that initiatives like "housing for all" and the creation of smart cities will propel the market.

Emerging Applications in the Semiconductor Industry, Cosmetics, and Pharmaceuticals

With increasing innovation and advancement, the market for silanes is anticipated to grow, presenting profitable opportunities for both established and emerging market players. These developments open up a world of possibilities for new applications of silanes in the cosmetics and pharmaceutical sectors. There are great prospects for the Silanes market to grow as a result of the cosmetics and personal care companies' new pathways for more advanced applications within the hair care segments.

High demand in the electronics industry

The raw material used to make silicones, silanes, can be functionalized and used for a wide range of other applications. Silanes play a crucial role in the manufacturing of semiconductors and are necessary for the production of electronic-grade silicon, which demands silicon purity of up to 99.9% (9N). Silanes are necessary in the electronics industry to produce solar-grade silicon, which needs very pure silicon. Silicon is the basis for about 90% of solar (photovoltaic) cells. In addition to offering strong electrical insulation, silicones support conductive adhesives used in solar panel technology.

Increasing demand for silane in the automotive industry

The silane market is growing due to the growing demand for silanes in the automotive industry. Without sacrificing wet traction, NXT and NXT Z45 silanes make it possible to produce tires with the low rolling resistance needed for increased fuel efficiency. Vehicles with this crucial safety feature can stop more quickly and maintain a better grip on the road, exceeding customer expectations even more. The automotive industry has a significant impact on the market for hybrid adhesives and sealants based on modified silane polymers as well. Additionally, because these materials are used in so many different applications—like bonding, sealing, and encapsulating—market revenue growth is anticipated during the forecast period.

Asia Pacific is projected to see significant growth in the silane market

The Asia-Pacific region is leading the silane market due to several reasons. This includes the rising demand for silanes across a range of industries, the expansion of the automotive and construction sectors, and the region's abundance of silane producers. The Asia-Pacific region's silane market is primarily driven by the growing need for high-performance materials across a range of industries, including electronics, construction, and automotive. Numerous developing economies in the area, including China and India, are experiencing rapid industrialization and urbanization, which is driving up demand for long-lasting and high-quality goods.

Market key launches

  • In January 2023, Dow Consumer Solutions' silanes and silicones for composites applications were distributed in Australia, New Zealand, and key Southeast Asian markets by DKSH's Business Unit Performance Materials, a leading distributor of specialty chemicals and ingredients. Silanes and silicones from Dow Consumer Solutions can be added to composite compositions to enhance surface, release, adhesion, durability, and processability.

Segmentation:

  • By Type
    • Halosilanes/hydride functional silanes
    • Organofunctional silanes
  • By Application
    • Fiberglass & mineral wool
    • Paints & coatings
    • Polyolefin compounds
    • Adhesives & sealants
    • Sol-gel system
    • Fillers & pigments
    • Foundry & foundry resin
    • Silicones
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Israel
      • Others
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Taiwan
      • Others

1.  INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Data

2.3. Validation

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Force Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. SILANE MARKET, BY TYPE

5.1. Introduction

5.2. Halosilanes/hydride functional silanes

5.3. Organofunctional silanes

6. SILANE MARKET, BY APPLICATION

6.1. Introduction

6.2. Fiberglass & mineral wool

6.3. Paints & coatings

6.4. Polyolefin compounds

6.5. Adhesives & sealants

6.6. Sol-gel system

6.7. Fillers & pigments

6.8. Foundry & foundry resin

6.9. Silicones

7. SILANE MARKET, BY GEOGRAPHY

7.1. Introduction 

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. Germany

7.4.2. France

7.4.3. United Kingdom

7.4.4. Spain

7.4.5. Others

7.5. Middle East And Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Israel

7.5.4. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Indonesia

7.6.6. Taiwan

7.6.7. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisition, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. KCC Corporation

9.2. OCI Company Ltd

9.3. Dow Inc.

9.4. Momentive Performance Materials Inc.

9.5. Evonik Industries AG

9.6. Wacker Chemie AG

9.7. Shin-Etsu Chemical Co. Ltd.

9.8. China Bluestar International Chemical Co. Ltd,

9.9. Dalian Onichem Co. Ltd.

9.10. Tokuyama Corporation

9.11. Power Chemical Corporation


KCC Corporation

OCI Company Ltd

Dow Inc.

Momentive Performance Materials Inc.

Evonik Industries AG

Wacker Chemie AG

Shin-Etsu Chemical Co. Ltd.

China Bluestar International Chemical Co. Ltd,

Dalian Onichem Co. Ltd.

Tokuyama Corporation

Power Chemical Corporation