According to a market report by Lucintel, the future of the global silane market looks promising with opportunities in end use application segments, including paints and coatings, rubber and plastics, adhesives and sealants, fiber treatment, and others. The global silane market is expected to reach an estimated $5 billion by 2030 from $3 billion in 2023 at a CAGR of 6% from 2023 to 2030. The major drivers for this market are increasing demand for green tires, composite materials, and growing demand for water based coating formulations.
Browse 120 figures/charts
and 94 tables in this 177-page report
to understand trends, opportunity and
forecast in global silane market to 2030 by type (functional silane and mono/chloro silane),
end use (paint and coatings, rubber and plastics, adhesives and sealants, fiber
treatment and others), and region (North America, Europe, Asia Pacific, and the
Rest of the World).
Lucintel
forecasts that the paint and coatings segment and the fiber treatment segment
will show above average growth during the forecast period.
The paint
and coatings segment is expected to remain the largest market in terms of value
and volume consumption. The major driver for this segment are increasing
automotive production, growing investments in building and infrastructure, and
rising demand for water based coating formulations.
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sample by clicking on silane market.
Asia
Pacific (APAC) is expected to remain the largest region by value and volume;
APAC is also expected to experience the highest growth over the forecast period
due to growth in end use industries. Increasing automotive production, rising
construction and infrastructure activities, expanding electronic market, and
demand for rubber and plastic products especially in China and India are the
major growth drivers.
Evonik
Industries, Owens Corning, Hexion, Shin Etsu, Wacker Chemie AG are the major
suppliers in the silane market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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