Silane Market Size, Share & Trends Report

Silane Market Size, Share & Trends Analysis Report By Product (Mono/Chloro Silane, Amino Silane), By Application (Paints & Coatings, Adhesives & Sealants), By Region, And Segment Forecasts, 2020 - 2027

  • Published Date: Aug, 2020
  • Base Year for Estimate: 2019
  • Report ID: GVR-1-68038-613-4
  • Format: Electronic (PDF)
  • Historical Data: 2016 - 2018
  • Number of Pages: 120

Report Overview

The global silane market size was valued at USD 1.1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2020 to 2027. The global market is driven by increasing product demand from rapidly developing end-use sectors. Rising demand for paint & coating products from the growing construction sector, which uses silane-based coatings is projected to drive the demand over the forecast period. New construction project outcomes in the Asia Pacific coupled with increasing infrastructural renovation activities in North America and Western Europe have led to a surge in demand for various industrial coatings, adhesives, plastic components, and more. Furthermore, growing demand for automobiles in the Middle East and South America regions has led to a surge in demand for various light-weight, durable plastic components, and tires, which requires a significant amount of silane products for continued production operations.

The U.S. silane market size

The global demand for silane is observed to be growing due to high product requirements from paints & coating formulators, followed by adhesive & sealant manufacturers. Asia Pacific is the fastest-growing market due to increasing penetration of paint & coating and adhesives & sealant formulators across countries, such as China, Japan, South Korea, India, Thailand, and Malaysia. Factors, such as the construction of green buildings, residential complex expansions, and rising renovation activities, have resulted in increased demand for adhesives used in the construction sector in the region.

Furthermore, the product is a key component in the electronics industry, wherein silane gas is widely utilized in semiconductors, which are eventually an integral component in the electronics industry. The growing requirement for electronic gadgets and devices across the globe is projected to remain a major contributing factor to the market.

Rising environmental awareness has fueled the demand for highly efficient, solvent-free, and UV-cured coatings, thereby increasing the use of silane in the formulation of solvent-free coatings. These factors are projected to drive the paints & coatings application segment.

In addition, with the advancements in technology and growing urbanization, the requirement for electronic gadgets & devices is rapidly rising. Silane is widely utilized in the electronics segment in lithography & processing auxiliaries and as an insulating layer in the components of semiconductors. These factors are projected to increase the consumption of silane in the global electronics & semiconductors application segment over the coming years.

Product Insights

In terms of volume, mono/chloro silane products led the market with a share of over 35% in 2019. It is generally used to produce siloxanes. Mono/chloro product type also acts as intermediates in the production of ultrapure silicon, which used in the semiconductor industry, and as protecting agents for intermediates in the pharmaceutical industry. Mono/chloro silanes are used as coatings for glass surfaces & silicon and in the production of silicon polymers.

Furthermore, amino products find application as a coupling agent, adhesion promoter, resin additive, and surface modifier. It improves the chemical bonding of resins in reinforcing materials and inorganic fillers. Amino-based product is also stable and reacts well with water, which makes it suitable for various applications. Several major players in the market manufacture amino silane for the paints & coatings applications.

Also, vinyl silanes are used as crosslinking agents in the manufacturing of cross-linked polyethylene (PEX). They are also used as adhesion promoters and coupling agents in various end-use applications, such as paints & coatings. The expansion of end-use industries in India, China, and Brazil, coupled with the rising awareness about the product benefits is likely to fuel the segment growth over the forecast period. Increasing production activities in the U.S. are also expected to have a positive impact on the demand over the forecast period.

The growing demand for various silane products as crosslinking agents, adhesion promoters, and as coupling agents is projected to drive growth over the foreseeable future. Amino silanes are anticipated to reflect the highest consumption, globally, in terms of volume, on account of their widespread use in reinforcing materials, inorganic fillers, and more, across industries, such as plastic and rubber. Furthermore, with technological advancements by key product manufacturers worldwide, such as PCC Group, Evonik Industries, and Shin-Etsu Chemicals, to serve a broader market base, the demand for various products is projected to grow over the coming years.

Application Insights

In terms of volume, paints & coatings application led the market with a share of 29.7% in 2019. This is attributed to high demand for various silane products from different coatings applications, such as emulsion paints and automotive, aircraft, marine, interior & exterior decorative coatings. The increasing demand for cargo and defense aircraft, particularly from developing countries in North America and Europe, is expected to have a positive impact on the segment growth over the next few years.

Global silane market share

Furthermore, adhesives & sealants are used as crosslinking agents, adhesion promoters, reinforcers, and drying agents in a wide range of end-use industries. Silanes have a considerable impact on the properties of adhesives & sealants. For instance, the use of silane products provides adhesives with the required amount of strength and long-term stability. Expanding the plastics industry is a key factor fueling the demand for adhesives & sealants globally.

Silane is used in the crosslinking of polyethylene and its copolymers for application in cable insulation and electrical wires. Silane-based plastic compounds are used in places where high-temperature resistance is required. In addition, these plastic compounds are used in hot & cold water pipes and natural gas carrier pipes. Thus, expanding the electrical sector, especially in the Asia Pacific, is expected to drive the industry over the forecast period. Technological advancements in the construction and transport sectors are expected to further fuel the product demand, wherein plastic and rubber components are critically used across multiple application points.

Multiple large-scale manufacturers are constantly investing in research activities to enhance their product portfolios to meet the extensive product requirement from growing end-use industries. Paints & coatings followed by adhesives & sealants are among the largest consumers of the product globally due to the product’s ability to provide excellent adhesion boost as well as it is a highly effective coupling agent. Increasing construction activities across all major economies are promoting the demand for various industrial sealants and coating formulations, which is anticipated to boost the market growth over the coming years.

Regional Insights

Asia Pacific dominated the market and accounted for 53.1% of the global volume in 2019. This is attributed to the expanding manufacturing sector in Vietnam, South Korea, Thailand, China, Japan, and India, which fueled the demand for plastic compounds and rubber substrates in the automotive, industrial machinery, construction, packaging, and electrical & electronics industries. In the recent past, India and China have witnessed a spike in automotive production owing to technology transfer to the sector from the Western regions. In addition, a well-established manufacturing base for electrical & electronics in Taiwan, China, and South Korea is anticipated to provide further impetus to the automotive sector in the region.

The market in North America is driven by the growing automotive and construction sectors. Residential construction is the fastest-growing sector, with countries, such as Canada and Mexico, witnessing significant development over the last five years. To cope up with the growing demand for adhesives & sealants from the regional construction market, there is a sizeable increase in the number of large-scale plant manufacturing adhesives as compared to other geographies, which mostly have subsidiary units.

Europe exhibits a substantially high demand for adhesives & sealants from applications, such as construction, automobile, medical, engineering, and electronics sectors.

Germany, Finland, and Italy are the major revenue-generators in the European market. Moreover, the strong presence of key companies, such as Helios Group, 3M Company, and SABA BV, in the region will drive the market.

Key Companies & Market Share Insights

The global market is concentrated with multiple companies that have an international presence. These multinationals have an extensive product portfolio. The industry also has a few small- & medium-scale enterprises across the Asia Pacific and Central America regions who are innovating new products to cater to the native markets.

Manufacturers provide various types of products that can be used as coupling agents, crosslinkers, adhesion promoters, and surface modifiers as well as in bonding applications. Major players are developing newer products that could broaden the application scope. They are also heavily investing in research & development and expansion of their production capacities to sustain the market. Some of the prominent players in the silane market include:

  • Gelest, Inc.

  • Shin-Etsu Chemical Co. Ltd.

  • Nitrochemie Aschau GmbH

  • Silar (Entegris)

  • Dow Corning

  • Evonik Industries

  • Wacker Chemie AG

  • Power Chemical Corp. 

Silane Market Report Scope

Report Attribute

Details

Market size value in 2020

USD 1.0 billion

Market volume in 2020

290.8 kilotons

Revenue forecast in 2027

USD 1.4 billion

Volume forecast in 2027

389.3 kilotons

Growth rate

CAGR of 4.0% from 2020 to 2027 (Revenue-based)

Base year for estimation

2019

Historical data

2016 - 2018

Forecast period

2020 - 2027

Quantitative units

Volume in kilotons, revenue in USD million and CAGR from 2020 to 2027

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, application, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

The U.S.; Canada; Mexico; Germany; The U.K.; France; Italy; China; India; Japan; South Korea; Brazil; Argentina; Saudi Arabia

Key companies profiled

Gelest, Inc.; Shin-Etsu Chemical Co. Ltd.; Nitrochemie Aschau GmbH; Silar (Entegris); Dow Corning; Evonik Industries; Wacker Chemie AG; Power Chemical Corp.

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Segments Covered in the Report

This report forecasts volume and revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. 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, 2016 - 2027)

    • Alkyl Silane

    • Sulfur Silane

    • Amino Silane

    • Vinyl Silane

    • Epoxy Silane

    • Methacrylate Silane

    • Mono/Chloro Silane

    • Others

  • Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

    • Paints & Coatings

    • Adhesives & Sealants

    • Rubber & Plastics

    • Fiber Treatment

    • Electronics & Semiconductor

    • Others

  • Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

    • North America

      • The U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • The U.K.

      • France

      • Italy

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Central & South America

      • Brazil

      • Argentina

    • Middle East & Africa

      • Saudi Arabia

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