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Silanes Market Latest Growth, Size, Top Players, Analysis And Forecast to 2026
by navdeep kaurav Research Analyst According to Blueweaves Consulting, the Global Silanes Market worth is expected to reach USD 2.47 billion in 2026 from the USD 2.19 billion in 2019, at CAGR of 5.83% during period 2020-2026. The demand of Silanes is dependent on the growth of the automobile, consumer electronics, construction and pharmaceutical industries. Silanes are widely used in the manufacturing of tires and production of paints & coatings and plastic and rubber items as a coupling agent. The rising use of Silanes in paints and coatings, rubber and plastics, fiber treatment, and adhesive and sealants applications trigger the demand of Silanes substantially.The most populated developing economies such as China and India are witnessing a surge in infrastructure projects. The construction activities for rural and urban housing as well as commercial properties are enormous, driving demand for paints and coatings. The development in the automotive, construction, aerospace, glass and metal industries drive the demand for Silanes in the market.
The paint and coatings industry extensively uses Silanes to provide durability, water-resistance and heat-resistance to water-based coatings. Also, the automotive industry uses green tire made by the use of Silanes to improve fuel efficiency & rolling resistance and to comply with carbon emission standards. The rising demand for the same promises bright prospects for the Global Silane Market.
However, a shift towards paper-packaging and eco-friendly packaging material and regional disparities in usage impede the growth of the Silanes market.
Asia Pacific region holds the major market share, contributing significantly to the Global Silanes Market. It is expected to witness the highest CAGR during the projection period 2020-26. It consists of various developing economies like India, China and others which are characterized by industrialization, rapid urbanization, more investment in infrastructure projects by state and private enterprises, and rising population and per capita income. Growing consumption of paints and coatings and plastic products, particularly in South Korea, Japan and China is likely to induce the demand for Silanes in this region. China is expected to emerge as a leader in Asia Pacific Silanes Market.
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North America is expected to capture the market for epoxy Silanes as there exist huge demand and production of the same. In contrast, the Central & South America and Central & Eastern Europe are anticipated to notice the growth in mono/chloro segment of Silanes. The Silanes market in Latin America is expected to observe the sluggish growth rate during the projected period.
“The leading players” in the Global Ceramics Tiles Market are Wacker Chemie AG (Germany), Momentive Performance Materials Holdings LLC (US), Shin-Etsu Chemical Company Ltd. (Japan), WD Silicone Company Limited (China), Gelest Incorporation (US), Dow Corning (US), Gelest Inc (US), PCC SE (Germany), Air Products and Chemicals Inc (US), Nantong Sogeler Chemical(China) and others.
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About navdeep kaurav 
Research Analyst
3 connections, 0 recommendations, 20 honor points.Joined APSense since, August 9th, 2019, From noida, India.
Created on Aug 19th 2020 06:24. Viewed 129 times.
