Global Silane Market Size & Share, Industry Trends Report, 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 Market


The global silane market size was estimated at USD 1.61 billion in 2018 and is estimated to expand at a CAGR of 4.4% over the forecast period. The market is driven by the rising product demand from construction, pharmaceuticals, automobiles, and consumer electronics industries. Silanes are used as coupling agents to improve rolling resistance and compression for manufacturing tires in the automobile industry. It also provides coupling of non-black pigments to the polymer backbone.
Increasing demand for paints & coatings due to rapidly expanding construction sector across the globe is also expected to boost market growth over the next eight years. Furthermore, significant rise in rubber and plastics production is likely to fuel the product demand in future. Product demand and production in U.S. accounted for USD 339.1 million in 2018 and is projected to expand further at a CAGR of 2.8% during the forecast period.

  
Amino silane held the largest share and mono/chloro will emerge as the fastest-growing segment, in terms of volume. Rapid expansion of the automotive industry in U.S. has fueled the product demand in paints & coatings and rubber & plastics sectors. The product is used as crosslinking agent for better adhesion, abrasion and UV resistance, and coating in the construction sector, which is also expected to drive the silane market over the coming years.
The product helps enhance the chemical bond and facilitates application safety, which has impelled its demand as water-based coating. It is widely used in the formulation of solvent-free coatings. Thus, high demand for solvent-free and UV-cured coatings due to rising environmental awareness is anticipated to boost the market growth. Prominent companies incorporate various strategic initiative to strengthen their foothold in the global market. For instance, in January 2017, Evonik Industries acquired the special additives business of the U.S.-based company, Air Products and Chemicals, Inc., to boost its materials business performance.

Market Segmentation, Outlook & Viewpoint: Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 Market


This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global silane market report on the basis of product, application, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Alkyl

Sulfur

Amino

Vinyl

Epoxy

Methacrylate

Mono/Chloro

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

Paints & Coatings

Adhesives & Sealants

Rubber & Plastics

Fiber Treatment

Others



Key Players, Recent Developments & Regional Insights: Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 Market


In terms of revenues, amino silane was the largest segment in 2018 and was valued at USD 365.7 million. The segment is projected to maintain its leading position throughout the forecast period on account of wide product usage as a crosslinker, adhesion promoter, and coupling agent across various industrial applications. It improves the chemical bonding of resins in reinforcing materials and inorganic fillers.
Amino silane is also considered to be stable and it reacts well with water; thus, it is widely used in various manufacturing applications. The mono/chloro product segment is anticipated to witness the fastest CAGR over the projected period. The U.S. mono/chloro segment held the largest revenue share in 2018 and is projected to expand at the fastest CAGR of 3.5% from 2019 to 2025.
It is a chlorine-containing reactive group of silicon compounds, which are generally used to produce silane and siloxanes. It also acts as an intermediate in the production of ultrapure silicon used in the semiconductor industry and as a protecting agent in the pharmaceutical industry. Rapid expansion of the rubber & plastics sector will have a positive impact on the market during the forecast period.
Application Insights
Paints & coating was the largest segment in 2018 and is projected to expand further at the highest CAGR from 2019 to 2025. Increasing demand for aircrafts, particularly in developing countries, is expected to have a positive impact on the product demand in the coming years. It is gaining prominence as a raw material in the production of the anti-corrosion coatings.

  
Increasing investments in infrastructure development in emerging countries is the key factor boosting the demand for coatings, thereby driving the overall market. Adhesives & sealants was the second-largest application segment in 2018. Recovery of the construction industry and increasing demand for silane-based rubber products in automotive tires, shoe soles, and hoses is likely to drive the segment further.

Regional Insights


Based on region, the market is divided into North America, Europe, Asia Pacific, Central & South America, and Middle East and Africa. Asia Pacific led the global market in 2018 due to rapid growth in the end-use industries, such as automotive and building & construction, in the region.Amino silane product accounted for the largest market share, in terms of volume, in Asia Pacific in 2018 due to its superior performance as crosslinking and coupling agent. The regional market is projected to expand further at the fastest CAGR on account of the presence of major companies.
North America was the second-largest market in 2018 owing to increased demand for eco-friendly waterborne coatings and fuel-efficient automotive tires in this region. Rising demand for fuel-efficient cars with less CO2 emissions, especially in North America and Europe, will further boost the demand for silane-based rubber.Paints & coatings was the largest segment in U.K., followed by adhesives & sealants. High demand for eco-friendly coatings with enhanced abrasion and scratch resistance has fueled the paints & coatings sector in U.K.
Silane Market Share Insights
The global market is fragmented in nature. Some of the key companies include Evonik Industries AG, Shin-Etsu Chemical Co. Ltd., Dow Corning, and Wacker Chemie AG. These companies face tremendous competition due to wide product application scope, such as in pharmaceutical and other manufacturing industries. Companies lay high emphasis on expanding their areas of operation to increase their market share and revenue.
They also focus on M&A activities for business expansion. Furthermore, they have adopted strategic developments to boost their sales and provide customized services. For instance, Evonik Industries mandated the Bank of America, Deutsche Bank, Citibank, Merrill Lynch, and Credit Suisse for the planned issuance of a hybrid bond of USD 630 million to finance its acquisition of the silica business of J.M. Huber. In April 2017,Gelest, Inc. partnered with New Mountain Capital, LLC to expand its business scope.
It now manufactures and supplies functional and nonfunctional alkyl silane compounds through its distribution channels across Japan, U.K., France, Singapore, China, and India. Several other prominent companies in the market include Gelest, Inc.; Nitrochemie Aschau GmbH; Momentive Performance Materials Inc.; WD Silicone Co., Ltd.; Jingzhou Jianghan Fine Chemical Co., Ltd.; Nanjing Shuguang Chemical Group Co., Ltd.; Kettlitz Chemie GmbH & Co. KG; and Neochema GmbH.

Key Insights Covered: Global Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 Market
1.  Market size (sales, revenue and growth rate) of Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 industry.

Research Methodology: Global Automotive Embedded Telematics Market, Sector / Industry Report & Analysis, 2018-2025 Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
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