Global Silanes Market is projected to reach USD 2.12 billion by 2025, growing at a CAGR of 4.2% from 2018 to 2025
At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the Global Silanes Market was valued at USD 1.55 billion in 2017 and is projected to reach USD 2.12 billion by 2025, growing at a CAGR of 4.2% from 2018 to 2025.
Silanes is an application of silicone-with four organic or inorganic substituent groups attached to the central silicon atom. It is also known as silicon hydride. Silanes helps in developing thermal stability and functions as a cross-linker and adhesives. Silanes are used in paints, inks and other types of coatings. It can also be used as coupling agents and helps in improvised mixing and increased the matrix strength.
The water based coating formulations is appreciated in the market as government regulations emphasizes on fuel efficiency. These characteristics has been driving the global Silanes market. Apart from this, low penetration of Silanes in European market might hamper the overall market growth rate at a global status.
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The Global Silanes Marketstudy report will provide a valuable insight with an emphasis on the global market including some of the major players such as Evonik, Shin-Etsu Corporation, Wacker Chemie, Momentive Performance Materials, Gelest Inc., DOW Corning Corporation, WD Silicone, China National Bluestar Co. Ltd., Jingzhou Jianghan Fine Chemical Co. Ltd and Nanjing Shuguang Chemical Group Co. Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the Global Silanes Marketwhich focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global Silanes Market can be categorized into two sources by product and application. This market study analyses the industry global Silanes based on these divisions. The products are divided into functional silanes and mono/chloro silanes. The industry is then sectioned by application which includes coatings and paintings, sealants and adhesives, plastic and rubbers, fiber treatments and others. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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