What is Silicon Monoxide Market?
Silicon monoxide is the chemical compound with the formula SiO where silicon is present in the oxidation state +2. It has been detected in stellar objects and described as the most common oxide of silicon in the universe. Also, silicon monoxide is an amorphous solid which does not have a characteristic X-ray diffraction pattern. Further, it is brown in powder or pressed form and black in granular or lump form. It is stable at room temperature. However, at the temperatures of 400-800°C, X-ray readings show traces of the disproportionation products silicon and quartz. Silicon monoxide has applications in optical, electronics, protective, experimental and others.
The market study is being classified, by Application (Optical, Electronics, Experimental, Protective and Others) and major geographies with country level break-up.
Materion (United States), OSAKA Titanium Technologies (Japan), EMD Performance Materials (Merck) (United States), Shin-Etsu Chemical (Japan), BTR (United States), Shanshan Group (China), Jayu Optical Material (China), Rearth Technology (United States) and Taizhou Dongfang Coating Material (China) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that China, United States Vendors will contribute to the maximum growth of Global Silicon Monoxide market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Silicon Monoxide market by Type, Application and Region.
On the basis of geography, the market of Silicon Monoxide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Wide Range of Applications Such as Electronics and Protective Products is Fuelling the Market
Market Trend
- Increasing Demand from Anode Material of Lithium Ion Batteries
Restraints
- Stringent Government Regulations May Hamper the Market Growth
Opportunities
- Increasing Demand of Silicon Monoxide in Electronics Industry
- Increasing Industrialisation and Urbanisation
Challenges
- Strong Competition Among the Major Players
Key Target Audience
Manufacturers, Raw material suppliers, Distributors, Government associations, Research organisations and Others
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