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Silanes Market Share

  • Report ID: GMI1266
  • Published Date: May 2021
  • Report Format: PDF
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 Silanes Market Share

The silanes market is highly competitive with major players contributing over half of the total market share in 2020. Market players are highly engaged in research & development, product innovation, and expansion of production facilities to gain a competitive advantage. For instance, in 2019, Shin-Etsu Chemical with an investment of over USD 21 million expanded its silicones production capacity in the U.S. to cater to the escalating demand from automobiles and electronics component manufacturers. It was intended to proactively expand its silicone business by producing silicone emulsions.
 

In September 2018, Evonik Industries announced to build a new silicone plant in Geesthacht, Germany. This move was intended to strengthen its focus on innovative specialty chemical products in the region. Other notable players operating in the silanes industry include

  • Tokyo Chemical Industry
  • Air Liquide
  • ONICHEM
  • Nanjing Union Silicon Chemical
  • Evonik Industries
  • Dow Corning
  • Nanjing Shuguang Chemical Group
  • Momentive Performance Materials Holdings
  • Shandong Wanda Organosilicon New Material
  • Silar
  • GELEST
  • Gantrade Corporation
  • Qufu Chenguang Chemical
  • Chengdu Taiyu Industrial Gases
Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The silanes industry share was valued at USD 2.37 billion in 2020 and is anticipated to record a 7.8% CAGR up to 2027 owing to higher demand from the electronics sector.

Organofunctional silanes accounted for a revenue share of USD 1.60 billion in 2020 and will grow at 8% rate through 2027 with widespread uses in the thermoplastic or composite sectors.

Market value from adhesives & sealants applications is expected to reach more than 15.9% of the global consumption in 2027 driven by emerging trends of building lightweight structures, aircraft, and vehicles with high durability.

Europe silane industry size will exceed USD 1.15 billion in remuneration by 2027 due to the surge in restructuring and remodeling activities across the region.

Silanes Market Scope

  • Silanes Market Size
  • Silanes Market Analysis
  • Silanes Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 15
    • Tables & Figures: 240
    • Countries covered: 18
    • Pages: 277
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