Global Silane (Organo-functional Silane, Mono/Chloro Silane) Market 2016-2020

Dublin, Feb. 10, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/wjxdtf/silane_market_by) has announced the addition of the "Silane Market by Type (Organo-functional Silane, Mono/Chloro Silane), by Application (Rubber & Plastics, Fiber Treatment, Adhesives & Sealants, Paint and Coatings, and others) - Global Forecasts to 2020" report to their offering.

Rising demand for green tire, growing automobile sales, rising water-based coating formulation, and increasing focus on fuel efficiency and regulation compliance are the prime factors driving the growth of the silanes market

The global silanes market size is estimated to reach USD 1.70 billion by 2020, registering a CAGR of 5.0% between 2015 and 2020. The increasing demand from consumers for road safety, improved fuel efficiency, and low environmental impact vehicles is expected to drive the demand for silanes in the next five years.

Rubber & Plastics is the largest application of silanes

Silanes are used in various applications such as rubber & plastics, fiber treatment, adhesives & sealants, paint & coatings, and others. In 2015, the rubber & plastics application segment accounted for the largest share of the overall silanes market, in terms of value. The rubber & plastics application segment is followed by fiber treatment, adhesives & sealants, and paint & coatings segments. The silanes market in the rubber & plastics application segment is estimated to witness the highest CAGR between 2015 and 2020, in terms of volume.

Rising demand in Asia-Pacific is the major driver for growth of the silanes market

The robust demand in Asia-Pacific is expected to be the major driving factor for the growth of the global silanes market. China is expected to lead the demand for silanes due to increased industrial production in the last 3-4 years. It is also among the leading consumer of silanes in the world. The markets in other emerging economies such as Brazil and India are also projected to grow rapidly.

Evonik Industries (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Holdings LLC (U.S.), Shin-Etsu Chemical Company Ltd. (Japan), Wacker Chemie AG (Germany), and China National Bluestar (Group) Co. Ltd. (China), among others are the leading companies enjoying a strong foothold in the global market.

These companies are expected to continue enjoying a significant share of the market for the foreseeable future. Entering into related industries and targeting new markets will lead to having a diversified business portfolio and increase in revenue, enabling silanes manufacturers to overcome the effects of volatile economy.

Other major manufacturers are Gelest Inc. (U.S.), WD Silicone Company Limited (China), Jingzhou Jianghan Fine Chemical Company Limited (China), and Nanjing Shuguang Chemical Group Company Limited (China).

For more information visit http://www.researchandmarkets.com/research/wjxdtf/silane_market_by

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