The silane market is projected to reach $2,047.0 million by 2023. The market is anticipated to grow on account of the increasing demand for the chemical from end users such as the automotive and construction industries. Silane is an inorganic compound with four substituent groups that are attached to the central silicon atom. In the field of chemistry, it is denoted by the formula SiH4.

amino silane held the largest volume share, accounting for more than 25.0%, in the silane market in 2017. The chemical is used as a coupling agent, an adhesion promoter, a resin additive, and a surface modifier. It is considered a stable compound and also helps in improving the chemical bonding of resins in reinforcing materials and inorganic fillers. The chemical reacts well with water and is therefore widely used in the paint and coating industry.

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Globally, APAC held the largest share in the silane market during the historical period, contributing more than 50.0% share in terms of volume in 2017. The market in the region is expected to grow at a significant rate in the coming years, on account of the presence of fast-growing economies such as China, India, and Japan, which are generating high demand for the chemical for the manufacturing of paints and coatings, and rubber and plastics.

Some of the major players operating in the global silane market are Gelest Inc., Shin-Etsu Chemical Co. Ltd., Evonik Industries AG, Wacker Chemie AG, Jingzhou Jianghan Fine Chemical Co. Ltd., Nanjing Shuguang Chemical Group Co. Ltd., NEOCHEMA GmbH, DowDuPont Inc., Hubei Wuda Organic Silicon New Material Co. Ltd., and SiSiB SILICONES.