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2019
Silane And Silicone Market

Silane and Silicone Market

Forecast, By Silanes (Coupling Agents, Cross-linking Agents, and Others), Silicones (Elastomers, Fluids, Resins, Gels, Conformal Coatings, and Others), and End User (Building & Construction, Transportation, Electronics, Medical, Textile & Leather, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
Update Available On-Demand

Report Code: A04825
Pages: 526
Feb 2019 | 6359 Views
Author(s) : Abhijith Yenduri & Krunal Yeware
Tables: 462
Charts: NA
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Silane and Silicone market Overview:

The Silane and Silicone market accounted for revenue of $ 14,479.0 million in 2017 and is anticipated to generate revenue of $ 22,030.3 million in 2025. The market is expected to grow with a CAGR of 5.4% from 2018-2025. Silicone is an inert polymer that comprises silicon with oxygen, carbon, hydrogen, and other chemicals. The silicon-based monomeric chemical includes four substituents, and at least one carbonsilicon bond structure. Some of the common forms of silicones are resin, grease, oil, and rubber, which are used across automobile, medical, construction and electronics industries. On the contrary, silane is an organic compound containing a single or multiple siliconcarbon bonds. Silane is produced by reacting silica sand with magnesium and then adding hydrochloric acid. One of the primary applications of silane is to bond two compounds together.

Silane is increasingly adopted in paints & coatings, adhesives & sealants, rubber & plastics, and fiber treatment activities. The growth of the overall silicones & silanes market is driven by rise in demand from end-use industries, such as electronics & semiconductor. They are preferred because of their temperature stability and outstanding insulation. Their ability to be adjusted or changed for resistivity requirements make them extremely flexible to utilize in applications such as automotive industry, chemical & process technology, medical, and others.

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Unstable raw material prices such as silicon metal & methanol and high energy prices are anticipated to hinder the market growth during the forecast period. However, the global Silane and Silicone market is yet to explore its full potential. Automobile manufacturers are focusing on fuel efficiency and regulation compliances. The major aim of the automotive industry is to improve fuel efficiency simultaneously enhancing road safety. Due to stringent regulations compliances, original equipment manufacturers (OEMs) are utilizing silanes to reduce the rolling resistance and to enhance the traction on wet or slippery surfaces in automobile applications. The use of silanes-silica is also driving the use of green tires instead of traditional tires. This significantly improves the fuel efficiency by 5%, which is expected to offer future growth opportunities to the global Silane and Silicone market during the forecast period.

The global silicones & silanes market size is segmented based on type, end user, and region. Based on type, the market is bifurcated into Silane and Silicon. Silanes are further classified into coupling agent, cross-linking agent, and others. Similarly, silicones are further classified into elastomers, fluids, resins, gels, conformal coatings, and others. Based on end user, the Silane and Silicone market is classified into building & construction, transportation, electronics, medical, textiles & leather, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major players analyzed in the global Silane and Silicone market report are ICM Products Inc., BASF SE, Kaneka Corporation., Evonik Industries, Emerald Performance Materials, Wacker Chemie AG, MPM Holdings Inc., Shin-Etsu Chemical Co., Ltd., DowDupont, and China National Bluestar (Group) Co, Ltd. To stay competitive in the market, these market players are adopting different strategies such as acquisition, partnership, product launch and strategic alliances. In an instance, BASF launched two new sealant products from its MasterSeal range, which comprises waterproofing products, deck membranes, and sealants, which are formulated to stop water leakages and moisture ingression.

Masterseal CR 435 and MasterSeal NP 430 are the two products launched, whereas MasterSeal NP 430 is a one-component, moisture curing, highly elastic, modified silicone joint sealant. These products are launched considering the extensive demand from end-use industries.

Global Silane and Silicone Market, by geography

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The APAC market is expected to witness lucrative growth rate during the forecast period. The growth of the APAC market is attributed to the developing economies such as India, China, and South Korea, where rapid industrialization and urbanization fuels the growth of the building and conduction market. This in turn increases the demand for silanes to use as adhesion promoter in mineral wool and fiber glass, which is widely adopted as an insulation material. Silanes provides superior properties such as heat and sound insulation, corrosion resistance, high elasticity, low weight to end product. It is also used in the production of filler & pigments, adhesives & sealants, and paints & coatings that are widely used in the building and construction industry.

Global Silane and Silicone Market, by Type

 

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The silicones segment is holding a major share in the global Silane and Silicone market attributed to its wide adoption across various industries including transportation, construction & materials, electronics, energy, healthcare, industrial processes, personal care and consumer products.

Global Silane and Silicone Market, by End-user

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Silane and Silicone are used in the production of filler & pigments, adhesives & sealants, and paints & coatings, which is expected to drive the growth of the market in the building and construction industry.

Key Benefits for Silane and Silicone market:

  • Porters five forces analysis helps to analyze the potential of buyers and suppliers and the competitive scenario of the Silane and Silicone industry for strategy building.
  • It outlines the current trends and future scenario of the Silane and Silicone Market growth from 2017 to 2025 to understand the prevailing opportunities and potential investment pockets in the Silane and Silicone market opportunity.
  • Major countries in each region have been mapped according to their individual revenue contribution in the Silane and Silicone market share.
  • An in-depth analysis of the current research & developments within the Silane and Silicone market trends is provided along with the key dynamic factors.
  • The key drivers, restraints, and opportunities and their detailed impact analyses in the Silane and Silicone market size have been elucidated in the study.
  • The profiles of key players along with their key strategic developments have been enlisted in the report for providing Silane and Silicone market analysis.

Silane and Silicone Market Report Highlights

Aspects Details
By Type
  • Silanes
  • Silicones
    • Elastomer
    • Fluids
    • Resin
    • Gels
    • Conformal coating
    • Other
By End User
  • Building & Construction
  • Transportation
  • Electronics
  • Medical
  • Textile & Leather
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players BASF SE, China National Bluestar (Group) Co., Ltd., CHT Group, DOWDUPONT, Evonik Industries AG, Emerald Performance Materials, Kaneka Corporation, MPM Holdings Inc., Shin-Etsu Chemical Co., Ltd., Wacker Chemie AG
 

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Silicones are high-performance specialty polymers that consist of siloxane, which is essentially a chain of alternating oxygen and silicon atoms combined with hydrogen and/or carbon. On the other hand, silane, also known as silicon hydride, is an organic compound, which comprises single or multiple silicon-carbon (Si-C) bonds. Silane is also known as a versatile silicon compound that is prominently known for coupling, cross-linking, and surface modification applications. The silane and silicone market have experienced significant growth in the recent years. As many manufacturers of silicone have shifted their units to developing countries owing to factors such as low transportation costs and easy availability of land. Moreover, increase in use of silicone as encapsulates for electronic components is anticipated to drive silicone market growth.

Rapid growth in the construction industry in the Middle East and Asia-Pacific and shift in focus from conventional energy sources to solar energy in Asia-Pacific are also some of the factors propelling the silane and silicone market during the forecast period.

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