Silane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The global silane market reached a value of US$ 1.76 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 2.35 Billion by 2027, exhibiting at a CAGR of 5.22% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Silane (H4Si) is a colorless gas prepared using aluminum silicide and hydrochloric acid or an aqueous solution of sodium, ammonium, manganese, and ferrous chloride. It is used in various industrial applications, which include adhesion promoters, coupling agents, crosslinkers, moisture scavengers, resin additives, and surface modifiers. As it reduces capillary water absorption and harmful substances and improves frost resistance, H4Si finds application as a water-based liquid or as a gel. Besides this, it is also applied to a phenolic impregnated carbon ablator (PICA) system as a primer on the substrate.
Silane Market Trends:
H4Si is widely used in the manufacturing of semiconductors and low-voltage cable insulation of electronic products. It is also applied to substrate materials like glass, metal, paper, plastic, quartz, and elastomer. This, along with the rising trend of smart consumer electronics on account of inflating disposable incomes, rapid urbanization, and the emergence of smart homes, represents one of the major factors stimulating the market growth. Apart from this, it is utilized along with other gases to grow amorphous silicon films that are further employed in the production of solar cells. This, coupled with tax credits, incentives, and price concession on several solar panel components offered by governments of numerous countries, is increasing the usage of solar power and driving the market. Furthermore, it is gaining traction in treating natural fiber and the production of polycrystalline silicon. Due to the improved crosslinking processes and properties, the applications of H4Si are further expanding in making under-the-floor hot-water heating pipes and foams. This, in confluence with the extensive use of silane in various end use industries across the globe, is creating a positive influence on the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global silane market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product, application and end use industry.
Breakup by Product:
Breakup by Application:
Hydrophobing and Dispersing Agents
Breakup by End Use Industry:
Paints and Coatings
Electronics and Semiconductors
Rubber and Plastics
Adhesives and Sealants
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Air Products Inc., Dow Inc., Evonik Industries AG, Gelest Inc. (Mitsubishi Chemical Holdings Corporation), Momentive Performance Materials Inc., Nanjing Shuguang Chemical Group Co. Ltd., Power Chemical Corporation, Rheinmetall AG, Shin-Etsu Chemical Co. Ltd., Silar, Tokyo Chemical Industry Co. Ltd. and Wacker Chemie AG. Key Questions Answered in This Report:
How has the global silane market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global silane market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global silane market and who are the key players?
What is the degree of competition in the industry?
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