The global silane market was valued at USD 1.8 billion in 2023 and is expected to grow at a CAGR of 4.8% during the forecast period. The product offers several advantages to its users such as exceptional water repellence, UV stability, long-term durability, high dilution capability stability, and neutral appearance. Silanes are rapidly being utilized as a promoter of adhesion that helps in improving temperature, chemical resistance, and moisture.
According to a recent report, it has been studied that the growing environmental responsiveness in developed economies such as North America and Europe has stimulated the use of water-based coatings due to certain benefits observed from the product as it is toxic-free. The demand for this product is strengthening due to increasing expenditure on developmental activities in BRIC countries.
The increasing emphasis on fuel efficiency, enhanced regulatory compliances, rapid demand for water-based coating formulations, and mounting automotive and building & construction industries are the major factors driving the growth of the silane market globally. However, the increasing demand for environment-friendly resources is expected to further hinder the growth of the global silane market during the forecast period.
Segment / Key Players |
Categorization |
Application |
Rubber & Plastics, Fiber Treatment, Adhesives & Sealants, Paint & Coatings, and Others |
Type |
Functional Silanes [Alkyl, Sulfur, Amino, Vinyl, Epoxy, Methacrylate], and Mono/Chloro Silanes |
Key Players |
Evonik Industries, Shin-Etsu Chemical Co., Ltd., Gelest, Inc., Jingzhou Jianghan Fine Chemical Co. Ltd., Wacker Chemie AG, Nanjing Union Silicon Chemical Co., Ltd, DowDuPont Inc., NEOCHEMA GmbH, SiSiB SILICONES, Hubei Wuda Organic Silicon New Material Co. Ltd., Momentive Performance Materials Holdings Inc., Gantrade Corporation, Qufu Chenguang Chemical Co. Ltd., and Tokyo Chemical Industry Co., Ltd |
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The Mono/Chloro silane segment is estimated to witness the highest CAGR during the forecast period. These silanes are expansively being used in integrated circuits, electrical & electronics, flat panel displays, and photovoltaic. Based on type, the silane market is segmented into two types’ functional silanes and mono/chloro silanes. The functional silanes are further sub-segmented into sulfur silanes, vinyl silanes, amino silanes, epoxy silanes, alkyl silanes, methacryloxy silanes, and others.
Among all the applications, paints and coatings were the largest application area in the global silane market in 2018 and due to their widespread use in various industries such as automobiles, buildings, electronics, and machinery.
Asia-Pacific contributed the largest revenue due to the increasing application of silane in the construction and automotive industries in the region. The extensive demand in various sectors such as plastics, rubbers and paints & coatings are further expected to drive the growth of silane shortly. Asia-Pacific is expected to dominate this market till 2024. Moreover, North America was the second-largest consumer of silane, IN THE global market. It has been observed that the demand for fuel-efficient cars in this region is further bolstering the demand for silane-based tires in the automotive sector.
Key players operating in the Global Silane Market include Evonik Industries, Shin-Etsu Chemical Co., Ltd., Gelest, Inc., Jingzhou Jianghan Fine Chemical Co. Ltd., Wacker Chemie AG, Nanjing Union Silicon Chemical Co., Ltd, DowDuPont Inc., NEOCHEMA GmbH, SiSiB SILICONES, Hubei Wuda Organic Silicon New Material Co. Ltd., Momentive Performance Materials Holdings Inc., Gantrade Corporation, Qufu Chenguang Chemical Co. Ltd., and Tokyo Chemical Industry Co., Ltd.
Global Silane Market Coverage
Application Insight and Forecast 2025 - 2030
Type Insight and Forecast 2025 - 2030
Geographical Segmentation
Silane Market by Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa