What is Silane Gas Market?
Silane Gas is a chemical compound that is widely used in industry because of their excellent anti-corrosion properties and their use as a coupling agent. With the rapid growth and innovation of the automotive industry, silane is widely preferred in the paint and tire industry. Semi-conductors which are brains of consumer electronics also required Silane gas for major processes.
Highlights from Silane Gas Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Shin-Etsu Chemical Co. Ltd. (Japan), Evonik Industries (German), Gelest Inc. (United States), DOW Silicones Corporation (United States), WD Silicone Company Ltd. (China), Wacker Chemie AG (Germany), Nitrochemie Aschau GmbH (Germany), China National Bluestar (Group) Co. Ltd. (China), Jingzhou Jianghan Fine Chemical Co. Ltd. (China) and MEMC Pasadena, Inc. (United States) |
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Silane Gas market throughout the forecasted period.
Shin-Etsu Chemical Co. Ltd. (Japan), Evonik Industries (German), Gelest Inc. (United States), DOW Silicones Corporation (United States), WD Silicone Company Ltd. (China), Wacker Chemie AG (Germany), Nitrochemie Aschau GmbH (Germany), China National Bluestar (Group) Co. Ltd. (China), Jingzhou Jianghan Fine Chemical Co. Ltd. (China) and MEMC Pasadena, Inc. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Momentive Performance Materials Holdings LLC (United States), LDK Solar Co. Ltd. (China) and Chemcon Speciality Chemicals Ltd. (India). Silane Gas Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Paint and Coating, Semiconductors, Plastic, Adhesives, Sealants, Fibre Treatments and Others |
Type | Functional Silanes and Mono/Chloro Silane |
Distribution Channel | Direct Channel,Indirect Channel |
On the basis of geography, the market of Silane Gas 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.
Influencing Trend:
Tire Industry or Rubber Industry is Widely Using Silane Coupling Agent in its Manufacturing for Reducing Rolling Resistance While Increasing Wet Traction Because of Silane’s Water Repellent Property
Market Growth Drivers:
Silane Gas Demand is Increasing in the Market Because of its Strong Coupling Agent Property Widely Used in Electronics and Industrial Processes, The rise in Demand for Cheaper Photo Voltaic Module has Led to Rising of Silane Gas Demand and Automotive Industry is Also Witnessing a Rise in Demand thus as an End User Industry it is Increasing the Demand for Silane Gas
Challenges:
High Cost of Manufacturing in Involved in Manufacturing of Silane and Difficulties in Logistics of Silane Gas
Restraints:
High Volatility in the Supply and Cost of Silane Gas
Opportunities:
Rising Purchasing Power Parity of Middle Income Households in Asia and South America is Leading to Increase in Consumption of Consumer Electronics which has Wide Scale Application of Silane Gas and Pharma Industry is Also Witnessing Huge Capital Investments Recently which Again has Innovated in Use of Silane Gas
Key Target Audience
Silane Gas manufacturers, Suppliers, and Distributers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others
Market Leaders & Development Strategies
In 2020, Mitsubishi Chemical Corporation has announced the completion of their acquisition of an American giant in material science Gelest Inc., with the completion of this deal, Mitsubishi Chemical Corporation looks at expanding their product line.