Silane and Silicone Market Size|Industry Trends|Market Insights|Market Forecast to 2026
The Global Silane and Silicone Market size was worth USD 1788.24 million in 2018 and is estimated to reach USD 2934.56 million by 2026, at a CAGR of 6.49% during the forecast period.
(EMAILWIRE.COM, October 18, 2019 ) Market Overview:
Silanes are saturated chemical compounds consisting of one or multiple silicon atoms linked to each other or one or multiple atoms of other chemical elements as the tetrahedral centres of multiple single bonds. On the other hand, silicones are a diverse family of speciality, high-performance materials that include reactive silanes, silicone fluids, and silicone polymers, which are widely used in a variety of consumer and industrial products.
Market Dynamics:
Increasing usage of silicones and silanes in the building and construction industry, rising demand for silicones and silanes from the automotive industry and the growth of the biomedical and electronics industry are the major factors responsible for the growth of the global silicones and silanes market. The growth of the building and construction industry is the primary driving factor attributing to the growing demand for silicones and silanes products.
Market Segmentation:
Global diamino market value in the Silane and Silicone Market was accounted for USD 275.21 million in 2018 and is expected to reach USD 471.61 million by 2026 at a CAGR of 7.10%. Global diamino market volume was 41.88 thousand tonnes in 2018 and is expected to reach 67.87 thousand tonnes by 2026 with a CAGR of 6.45% Diamino silane was accounted for a largest value share of 15.4% in 2018 Silane and Silicone Market. Diamino silane market volume share was 14.6% in 2018 Silane and Silicone Market. Diamino-functional silane is capable of providing good adhesion and superior flexibility at the polymer-substrate interface.
Automotive industry in the Silane and Silicone Market accounted for USD 1053.01 million in 2018, and is expected to reach USD 1702.27 million by 2026 at a CAGR of 6.19%. Market volume of automotive industry accounted for 81.39 thousand tonnes in 2018, and is expected to reach 111.58 thousand tonnes by 2026 at a CAGR of 4.09%. Automotive is accounted for market value share of 6.51% in 2018Silane and Silicone Market. Automotive is accounted for market value share of 3.22% in 2018 Silane and Silicone Market. Silicones are used in various components within automobiles.
Geographical Analysis:
By geography, the Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
The North America silane and silicone market is valued at USD 4186.15 Mn in 2018 and is estimated to grow at a CAGR of 5.21% over the forecast period to reach a USD 6237.40 Mn by 2026. North America holds 25.9% of market share in 2018, and is expected to be 24.4% by 2026, for Silane and Silicone Market the U.S. dominates this region, holding over 90% of market share in 2018, of North America’s Market.
The North American market both consumes and produces a significant portion of the world’s silicone rubber, and expanding applications in high-value electronics and medical devices offer a promising future for the silicone rubber industry.
Asia pacific holds the largest share in the global market, and its growth can be is attributed to the growing construction industry, steady rising of electronics export, strengthening industrialization linked with established automotive industry and developing economies such as China, India, and South Korea, where there is rapid industrialization and urbanization.
Competitive Analysis:
Some of the major players include BASF SE, Nanjing Capatue Chemical Co.Ltd, DoeDupont, Elkem, ASA, Qufu Chenguang Chemicals Co. Ltd., Milliken & Company.
Download free sample:
View full report: https://www.datamintelligence.com/research-report/silane-and-silicone-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Silanes are saturated chemical compounds consisting of one or multiple silicon atoms linked to each other or one or multiple atoms of other chemical elements as the tetrahedral centres of multiple single bonds. On the other hand, silicones are a diverse family of speciality, high-performance materials that include reactive silanes, silicone fluids, and silicone polymers, which are widely used in a variety of consumer and industrial products.
Market Dynamics:
Increasing usage of silicones and silanes in the building and construction industry, rising demand for silicones and silanes from the automotive industry and the growth of the biomedical and electronics industry are the major factors responsible for the growth of the global silicones and silanes market. The growth of the building and construction industry is the primary driving factor attributing to the growing demand for silicones and silanes products.
Market Segmentation:
Global diamino market value in the Silane and Silicone Market was accounted for USD 275.21 million in 2018 and is expected to reach USD 471.61 million by 2026 at a CAGR of 7.10%. Global diamino market volume was 41.88 thousand tonnes in 2018 and is expected to reach 67.87 thousand tonnes by 2026 with a CAGR of 6.45% Diamino silane was accounted for a largest value share of 15.4% in 2018 Silane and Silicone Market. Diamino silane market volume share was 14.6% in 2018 Silane and Silicone Market. Diamino-functional silane is capable of providing good adhesion and superior flexibility at the polymer-substrate interface.
Automotive industry in the Silane and Silicone Market accounted for USD 1053.01 million in 2018, and is expected to reach USD 1702.27 million by 2026 at a CAGR of 6.19%. Market volume of automotive industry accounted for 81.39 thousand tonnes in 2018, and is expected to reach 111.58 thousand tonnes by 2026 at a CAGR of 4.09%. Automotive is accounted for market value share of 6.51% in 2018Silane and Silicone Market. Automotive is accounted for market value share of 3.22% in 2018 Silane and Silicone Market. Silicones are used in various components within automobiles.
Geographical Analysis:
By geography, the Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).
The North America silane and silicone market is valued at USD 4186.15 Mn in 2018 and is estimated to grow at a CAGR of 5.21% over the forecast period to reach a USD 6237.40 Mn by 2026. North America holds 25.9% of market share in 2018, and is expected to be 24.4% by 2026, for Silane and Silicone Market the U.S. dominates this region, holding over 90% of market share in 2018, of North America’s Market.
The North American market both consumes and produces a significant portion of the world’s silicone rubber, and expanding applications in high-value electronics and medical devices offer a promising future for the silicone rubber industry.
Asia pacific holds the largest share in the global market, and its growth can be is attributed to the growing construction industry, steady rising of electronics export, strengthening industrialization linked with established automotive industry and developing economies such as China, India, and South Korea, where there is rapid industrialization and urbanization.
Competitive Analysis:
Some of the major players include BASF SE, Nanjing Capatue Chemical Co.Ltd, DoeDupont, Elkem, ASA, Qufu Chenguang Chemicals Co. Ltd., Milliken & Company.
Download free sample:
View full report: https://www.datamintelligence.com/research-report/silane-and-silicone-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results