The silanes market size has grown strongly in recent years. It will grow from $2.58 billion in 2023 to $2.77 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The expansion during the historical period can be attributed to the burgeoning construction industry, a heightened demand for electronic devices, increased awareness regarding energy-efficient buildings, growth in the healthcare sector, and regulatory support for eco-friendly products.
The silanes market size is expected to see strong growth in the next few years. It will grow to $3.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period can be attributed to the increasing demand for electric vehicles, the expansion of the solar energy sector, the growth of the electronics industry, the rising utilization of adhesives and sealants, and a focus on sustainable agricultural practices. Key trends expected in the forecast period encompass technological advancements in silane production, the development of novel silane-based coatings, an increasing use of silanes in water treatment applications, a rising popularity of silane-based adhesives, and a growing interest in functionalized silanes.
The silane market is anticipated to experience growth driven by the increasing demand from the automotive sector. The automotive industry, encompassing the design, production, marketing, and sale of motor vehicles, relies on silanes as coupling agents in tire manufacturing, enhancing tire performance and durability. Silanes also play a crucial role in improving adhesion in automotive coatings, sealants, and adhesives, contributing to enhanced protection and structural integrity. For example, a report from the European Automobile Manufacturers Association (ACEA) in March 2022 highlighted a 5.5% increase in the sales of passenger cars in the US, reaching 11.9 million units in 2021. The surge in production was evident with over 6.3 million passenger cars manufactured in US facilities, representing a 3.1% increase from 2020. Chinese automakers also saw a notable increase of 7.1%, totaling 20.7 million vehicles in 2021. The global production of cars in 2021 experienced a 2.7% growth, reaching 63.2 million. Consequently, the growing demand from the automotive sector serves as a significant driver for the silane market.
The silane market is poised for growth due to the increasing construction activities worldwide. Construction activities, involving the planning, execution, and completion of structures such as buildings, roads, and infrastructure, utilize silanes in the formulation of construction chemicals and adhesives. Silanes act as coupling agents, enhancing the bonding between different materials such as concrete, glass, and metal. With the rise in construction activities, there is a heightened demand for construction chemicals and adhesives, thus driving the need for silanes in the market. For instance, a report from the Office for National Statistics in November 2022 indicated a 0.3% increase in quarterly construction production in Quarter 4, 2022, compared to Quarter 3, 2022. The annual construction production expanded by 5.6% in 2022, following a remarkable 12.8% growth in 2021. Therefore, the increasing construction activities are contributing to the growth of the silane market.
A key trend in the silane market is the focus on product innovations by major companies. These companies are dedicated to developing new products and solutions to maintain their market positions. For example, in August 2021, Bostik, a France-based manufacturer and distributor of adhesives and sealants, introduced the GCR series, a line-up of silane-modified sealant products (SMPs) designed for general bonding and sealing applications in rail and non-rail markets. The SMPs in the GCR series, being methoxy silane-end-capped polymers, cure by absorbing moisture from the air, forming a cross-linking net structure that ensures aging resistance and resistance to UV rays and high temperatures of 110–120°C.
Major companies in the silane market are actively engaged in the development of novel silane-based products to enhance performance, innovation, versatility, and sustainability. For instance, in February 2023, BRB International BV, a Netherlands-based chemical company specializing in specialty silicones and lubricants, launched several novel silane-based products at the European Coatings Show 2023. These products exhibit enhanced performance characteristics, including improved adhesion, durability, and surface modification, catering to the specific needs of industries such as adhesives, coatings, and electronics. This innovation is expected to significantly impact the silane market by contributing to its ongoing growth, meeting evolving industry requirements, and fostering increased demand for these versatile and high-performance silane-based products.
In October 2021, Wacker Chemie AG, a Germany-based chemicals company, acquired a 60% stake in SICO Performance Material Co. Ltd. for an undisclosed amount. This strategic move allows WACKER to expand its offering of high-performance specialty items in Asia and broaden its client base in rapidly expanding consumer markets. SICO Performance Material Co. Ltd., based in China, specializes in the manufacturing of organofunctional silanes, including silane coupling agents, adhesion promoters, and silane crosslinking agents.
Major companies operating in the silanes market report are BASF SE, INEOS Group Limited, Dow Corning Corporation, Merck KGaA, Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, PPG Industries Inc., Air Products and Chemicals Inc., Sika AG, Huntsman Corporation, Wacker Chemie AG, The Chemours Company, Elkem ASA , Silar (Entegris), OCI Company Ltd., JSR Corporation, Momentive Performance Materials Inc., Hexion, AlzChem Group, BRB International (PETRONAS Chemical Group), Nitrochemie Aschau GmbH, Gelest Inc., Alfa Aesar, 3V Sigma, SiVance LLC, United Chemical, Genesee Polymers Corp., Qufu Chenguang Chemical Co. Ltd., Dalian Onichem Co. Ltd.
Asia-Pacific was the largest region in the silanes market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the silanes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the silanes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary product categories within silanes include alkyl silane, sulfur silane, amino silane, vinyl silane, epoxy silane, methacrylate silane, mono or chloro silane, and others. Alkyl silanes are characterized by the replacement of one or more hydrogen atoms in the silicon atom with alkyl groups. They serve various functions, such as coupling agents, adhesion promoters, hydrophobing and dispersing agents, moisture scavengers, and silicate stabilizers. These applications span a range of uses, including fiberglass and mineral wool, paints and coatings, polyolefin compounds, adhesives and sealants, sol-gel systems, fillers and pigments, foundry and foundry resin, and silicones.
The silanes market research report is one of a series of new reports that provides silanes market statistics, including silanes industry global market size, regional shares, competitors with a silanes market share, detailed silanes market segments, market trends and opportunities, and any further data you may need to thrive in the silanes industry. This silanes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The silanes market consists of sales of silane coupling agents, silane crosslinkers, silane surfactants, silane defoamers, and silane resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The silanes market size is expected to see strong growth in the next few years. It will grow to $3.57 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period can be attributed to the increasing demand for electric vehicles, the expansion of the solar energy sector, the growth of the electronics industry, the rising utilization of adhesives and sealants, and a focus on sustainable agricultural practices. Key trends expected in the forecast period encompass technological advancements in silane production, the development of novel silane-based coatings, an increasing use of silanes in water treatment applications, a rising popularity of silane-based adhesives, and a growing interest in functionalized silanes.
The silane market is anticipated to experience growth driven by the increasing demand from the automotive sector. The automotive industry, encompassing the design, production, marketing, and sale of motor vehicles, relies on silanes as coupling agents in tire manufacturing, enhancing tire performance and durability. Silanes also play a crucial role in improving adhesion in automotive coatings, sealants, and adhesives, contributing to enhanced protection and structural integrity. For example, a report from the European Automobile Manufacturers Association (ACEA) in March 2022 highlighted a 5.5% increase in the sales of passenger cars in the US, reaching 11.9 million units in 2021. The surge in production was evident with over 6.3 million passenger cars manufactured in US facilities, representing a 3.1% increase from 2020. Chinese automakers also saw a notable increase of 7.1%, totaling 20.7 million vehicles in 2021. The global production of cars in 2021 experienced a 2.7% growth, reaching 63.2 million. Consequently, the growing demand from the automotive sector serves as a significant driver for the silane market.
The silane market is poised for growth due to the increasing construction activities worldwide. Construction activities, involving the planning, execution, and completion of structures such as buildings, roads, and infrastructure, utilize silanes in the formulation of construction chemicals and adhesives. Silanes act as coupling agents, enhancing the bonding between different materials such as concrete, glass, and metal. With the rise in construction activities, there is a heightened demand for construction chemicals and adhesives, thus driving the need for silanes in the market. For instance, a report from the Office for National Statistics in November 2022 indicated a 0.3% increase in quarterly construction production in Quarter 4, 2022, compared to Quarter 3, 2022. The annual construction production expanded by 5.6% in 2022, following a remarkable 12.8% growth in 2021. Therefore, the increasing construction activities are contributing to the growth of the silane market.
A key trend in the silane market is the focus on product innovations by major companies. These companies are dedicated to developing new products and solutions to maintain their market positions. For example, in August 2021, Bostik, a France-based manufacturer and distributor of adhesives and sealants, introduced the GCR series, a line-up of silane-modified sealant products (SMPs) designed for general bonding and sealing applications in rail and non-rail markets. The SMPs in the GCR series, being methoxy silane-end-capped polymers, cure by absorbing moisture from the air, forming a cross-linking net structure that ensures aging resistance and resistance to UV rays and high temperatures of 110–120°C.
Major companies in the silane market are actively engaged in the development of novel silane-based products to enhance performance, innovation, versatility, and sustainability. For instance, in February 2023, BRB International BV, a Netherlands-based chemical company specializing in specialty silicones and lubricants, launched several novel silane-based products at the European Coatings Show 2023. These products exhibit enhanced performance characteristics, including improved adhesion, durability, and surface modification, catering to the specific needs of industries such as adhesives, coatings, and electronics. This innovation is expected to significantly impact the silane market by contributing to its ongoing growth, meeting evolving industry requirements, and fostering increased demand for these versatile and high-performance silane-based products.
In October 2021, Wacker Chemie AG, a Germany-based chemicals company, acquired a 60% stake in SICO Performance Material Co. Ltd. for an undisclosed amount. This strategic move allows WACKER to expand its offering of high-performance specialty items in Asia and broaden its client base in rapidly expanding consumer markets. SICO Performance Material Co. Ltd., based in China, specializes in the manufacturing of organofunctional silanes, including silane coupling agents, adhesion promoters, and silane crosslinking agents.
Major companies operating in the silanes market report are BASF SE, INEOS Group Limited, Dow Corning Corporation, Merck KGaA, Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, PPG Industries Inc., Air Products and Chemicals Inc., Sika AG, Huntsman Corporation, Wacker Chemie AG, The Chemours Company, Elkem ASA , Silar (Entegris), OCI Company Ltd., JSR Corporation, Momentive Performance Materials Inc., Hexion, AlzChem Group, BRB International (PETRONAS Chemical Group), Nitrochemie Aschau GmbH, Gelest Inc., Alfa Aesar, 3V Sigma, SiVance LLC, United Chemical, Genesee Polymers Corp., Qufu Chenguang Chemical Co. Ltd., Dalian Onichem Co. Ltd.
Asia-Pacific was the largest region in the silanes market in 2023, and is expected to be the fastest-growing region in the forecast period. The regions covered in the silanes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the silanes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary product categories within silanes include alkyl silane, sulfur silane, amino silane, vinyl silane, epoxy silane, methacrylate silane, mono or chloro silane, and others. Alkyl silanes are characterized by the replacement of one or more hydrogen atoms in the silicon atom with alkyl groups. They serve various functions, such as coupling agents, adhesion promoters, hydrophobing and dispersing agents, moisture scavengers, and silicate stabilizers. These applications span a range of uses, including fiberglass and mineral wool, paints and coatings, polyolefin compounds, adhesives and sealants, sol-gel systems, fillers and pigments, foundry and foundry resin, and silicones.
The silanes market research report is one of a series of new reports that provides silanes market statistics, including silanes industry global market size, regional shares, competitors with a silanes market share, detailed silanes market segments, market trends and opportunities, and any further data you may need to thrive in the silanes industry. This silanes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The silanes market consists of sales of silane coupling agents, silane crosslinkers, silane surfactants, silane defoamers, and silane resins. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Silanes Market Characteristics3. Silanes Market Trends and Strategies32. Global Silanes Market Competitive Benchmarking33. Global Silanes Market Competitive Dashboard34. Key Mergers and Acquisitions in the Silanes Market
4. Silanes Market - Macro Economic Scenario
5. Global Silanes Market Size and Growth
6. Silanes Market Segmentation
7. Silanes Market Regional and Country Analysis
8. Asia-Pacific Silanes Market
9. China Silanes Market
10. India Silanes Market
11. Japan Silanes Market
12. Australia Silanes Market
13. Indonesia Silanes Market
14. South Korea Silanes Market
15. Western Europe Silanes Market
16. UK Silanes Market
17. Germany Silanes Market
18. France Silanes Market
19. Italy Silanes Market
20. Spain Silanes Market
21. Eastern Europe Silanes Market
22. Russia Silanes Market
23. North America Silanes Market
24. USA Silanes Market
25. Canada Silanes Market
26. South America Silanes Market
27. Brazil Silanes Market
28. Middle East Silanes Market
29. Africa Silanes Market
30. Silanes Market Competitive Landscape and Company Profiles
31. Silanes Market Other Major and Innovative Companies
35. Silanes Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Silanes Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on silanes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for silanes? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Product: Alkyl Silane; Sulfur Silane; Amino Silane; Vinyl Silane; Epoxy Silane; Methacrylate Silane; Mono Or Chloro Silane; Other Products
2) By Function: Coupling Agents; Adhesion Promoters; Hydrophobing and Dispersing Agents; Moisture Scavengers; Silicate Stabilizers
3) By Application: Fiberglass and Mineral Wool; Paints and Coatings; Polyolefin Compounds; Adhesives and Sealants; Sol-Gel System; Fillers and Pigments; Foundry and Foundry Resin; Silicones
Key Companies Mentioned: BASF SE; INEOS Group Limited; Dow Corning Corporation; Merck KGaA; Shin-Etsu Chemical Co. Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- BASF SE
- INEOS Group Limited
- Dow Corning Corporation
- Merck KGaA
- Shin-Etsu Chemical Co. Ltd.
- Evonik Industries AG
- PPG Industries Inc.
- Air Products and Chemicals Inc.
- Sika AG
- Huntsman Corporation
- Wacker Chemie AG
- The Chemours Company
- Elkem ASA
- Silar (Entegris)
- OCI Company Ltd.
- JSR Corporation
- Momentive Performance Materials Inc.
- Hexion
- AlzChem Group
- BRB International (PETRONAS Chemical Group)
- Nitrochemie Aschau GmbH
- Gelest Inc.
- Alfa Aesar
- 3V Sigma
- SiVance LLC
- United Chemical
- Genesee Polymers Corp.
- Qufu Chenguang Chemical Co. Ltd.
- Dalian Onichem Co. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 2.77 Billion |
Forecasted Market Value ( USD | $ 3.57 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |