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Silanes Market Worth 1.83 Billion USD by 2021


News provided by

MarketsandMarkets

07 Mar, 2017, 15:30 GMT

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PUNE, India, March 7, 2017 /PRNewswire/ --

The report "Silanes Market by Type (Functional Silanes (Sulfur, Vinyl, Amino, Epoxy, Methacryloxy), Application (Rubber & Plastics, Fiber Treatment, Adhesives & Sealants, Paints & Coatings)), and Region - Global Forecast to 2021", published by MarketsandMarkets, the global market was valued at USD 1.39 Billion in 2015 and is projected to reach USD 1.83 Billion by 2021, at a CAGR of 5.7% from 2016 to 2021.

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Browse 119 market data Tables and 49 Figures spread through 166 Pages and in-depth TOC on "Silanes Market"

http://www.marketsandmarkets.com/Market-Reports/silanes-market-202415042.html

Early buyers will receive 10% customization on this report.

The market is driven by the increasing focus on fuel efficiency and regulatory compliances, growing automotive and building & construction industries, and rising demand for water-based coating formulations.

Ask for PDF of the Report at http://www.marketsandmarkets.com/pdfdownload.asp?id=202415042

The rubber & plastics segment is estimated to be the largest application segment of the global silanes market 

Rubber & plastics was the largest application segment of silanes in 2015, backed by the growth of the automotive and consumer goods industries. The increasing awareness about green tires, as a result of stringent regulations on fuel efficiency, demand for original equipment sales, replacement of tires, and development of environment-friendly coatings along with the growing economies of China, India, and the U.S. are driving rubber & plastics market.

The mono/chloro silane segment is projected to be the fastest-growing type segment of the global silanes market 

Based on type, the mono/chloro silane segment is projected to grow at the highest CAGR between 2016 and 2021. Mono/chloro silanes are primarily used in electrical & electronics, integrated circuits, photovoltaics, and flat panel displays. These are also used as protecting agents for intermediates in pharmaceutical syntheses and synthesis of silanes and siloxanes. The growing electronics & electrical and flat panel displays industries and increasing focus on solar as renewable energy in developing countries are expected to drive this segment in the next five years.

Rising demand for silanes in Asia-Pacific contributes to the high growth of silanes market 

Asia-Pacific accounted for the largest share of the Silanes Market, in terms of value, in 2015, as it is the largest market for applications of silanes, such as rubber & plastics, adhesives & sealants, and paints & coatings. China, India, and Japan are projected to be the leading automotive markets by 2021. Therefore, automotive sales are likely to increase the need for silanes in rubber & plastics, glass fiber composites, and paints & coatings industries in the next five years. Asia-Pacific is expected to continue its dominance in the market till 2021.

Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=202415042

Key companies profiled in the global silanes market research report include Dow Corning Corporation (U.S.), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemicals Co., Ltd. (Japan), and China National BlueStar (Group) Co., Ltd. (China), among others.

Browse Related Reports: 

Silicone Market by Type (Elastomers, Fluids, Resins, Gels & Other Products) by Application (Building & Construction, Chemical Industry, Medical & Personal Care, Automotive & Transportation, Plastics, Electrical & Electronics, Textile, Paper, Others) & by Region - Global Trends & Forecasts to 2020
http://www.marketsandmarkets.com/Market-Reports/silicone-market-709.html

Fiberglass Market by Type (Roving, Yarns), by Application (Composites, Insulations) & by Region - Trends & Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/fiberglass-market-6124844.html

Subscribe Reports from Chemicals & Materials Domain http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.


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SOURCE MarketsandMarkets

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