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Silicone and Silane Market Trends, Top Manufactures, Industry Growth Analysis and Forecast 2030

Global Silicone and Silane Market size was valued at USD 18.1 billion in 2021 and is expected to reach USD 27.6 billion by 2030 with a CAGR of 4.7% from 2022 to 2030. Silicone is a polymer composed of hydrogen, carbon, and other compounds that are utilized as a resin, grease, and oil, in a variety of industries including automobile, construction, medical, and electronics among others. Silicone offers an array of features including stability, inertness, flexibility, resistance to moisture, and permeability to gases. Silane, at the same time, is an organic chemical, formed by the interaction of silica sand with magnesium in the presence of hydrochloric acid. It is used for the bonding of two chemicals in a variety of industries. It offers critical advantages in several industrial sectors such as health care, aerospace, personal care, electronics, transportation, and construction.

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Competitive Landscape :

The market comprises of various players such as ICM Products Inc., BASF SE, Kaneka Corporation., Evonik Industries, Emerald Performance Materials, WackerChemie AG, MPM Holdings Inc., Shin-Etsu Chemical Co., Ltd., DowDupont, and China National Bluestar (Group) Co, Ltd. These manufacturers are actively indulging in R&D initiatives, product & technology innovations, and industrial collaborations to enhance their product and increase their growth as well as geographical reach. For instance, in October 2021, Evonik launched TEGO RC 1442 release coating. With this launch Evonik is set to boost its radiation curing silicones portfolio with the launch of TEGO RC 1442 release coating.

Market Segmentations and Scope of the Study:

The silicone and silane market is segmented based on type, silanes application, silicones application, end-user, and geography. Based on type, the market is divided into silanes and silicones. The silanes are further sub-segmented into diamino silane, vinyl group, epoxy group, amino group, methacrylate, mercapto, and others. The silicones are further sub-segmented into silicone fluids, silicone gels, silicone elastomers, and silicone resins. Based on end-user, the market is divided into building & construction, transportation, electronics, medical, textile & leather, automotive, personal care & consumer products, energy & power, and others. Geographic breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

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Geographical Analysis

Asia-Pacific region holds the lion share of Silicone and Silane market at present and is expected to continue dominating the market throughout the forecast period. This is attributed to factors including rise in demand for plastic compounds and rubber substrata in the automotive, construction, industrial machinery, packaging, and electrical & electronics sectors. In addition, surge in government investments in infrastructure and megaprojects such as construction of bridges, rails and airports are further expected to boost the demand for silicone and silane in this region.

However, North America is expected to grow at a faster rate owing to the growth in its construction industry. Also, silicone and silane are widely used in automotive industry due to its heat resistance, cold resistance, weather ability, water repellency and deforming properties, which in turn drives the growth of market in this region.

KEY MARKET SEGMENTS

  • Silicone and Silane Market – By Type
  • Silanes
      • Diamino silane
      • Vinyl Group
      • Epoxy Group
      • Amino Group
      • Methacrylate
      • Mercapto
      • Others
  • Silicones
      • Silicone Fluids
      • Silicone Gels
      • Silicone Elastomers
      • Silicone Resins
  • Silicone and Silane Market – By End User
  • Building & Construction
  • Transportation
  • Electronics
  • Medical
  • Textile & Leather
  • Automotive
  • Personal Care & Consumer Products
  • Energy & Power
  • Others
  • Silicone and Silane Market – By Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • RoW
      • UAE
      • Saudi Arabia
      • South Africa
      • Brazil
      • Remaining countries

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Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.

We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.

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