Global Silane Market to Experience 3.9% CAGR through 2022, Predicts Lucintel in Its Insightful Research Report Now Available at MarketPublishers.com15 Aug 2017 • by Natalie Aster
LONDON – The global silane market is considered to have a bright future with manifold opportunities emerging in the end markets like paints and coatings, rubber and plastics, adhesives and sealants, fiber treatment, among others. By 2022, the market growth is expected to be encouraged by such factors as surging demand for green tires, water based coating formulations and composite materials. Therefore, the world’s market for silane is set to touch the USD 1.8 billion mark by 2022, registering a 3.9% CAGR during 2017-2022.
Mushrooming demand for silane in low volatile organic compounds (VOC) emitting process and smart surface treatment are amid the top trends influencing the market dynamics.
Segment-wise, the fiber treatment segment and the paint and coatings segment of the world silane market are forecast to enjoy the above average growth from 2017 till 2022. The paint and coatings segment is likely to be the largest one in terms of consumption volume and value.
Dominated by China and India, APAC is anticipated to take lead in the overall silane market. Surging automotive production, increasing construction and infrastructure activities, rising electronic market and escalating demand for rubber and plastic products are amid the key factors contributing to the silane market growth in the APAC region. The regional silane market is set to see growth at the highest rate through 2022.
The cutting-edge research publication “Growth Opportunities in the Global Silane Market” prepared by Lucintel presents a profound analysis of the current situation in the global market for silane, examining the market size, value and volume, shares, growth rates, etc. This 167-page report covers the market historical and current performance globally and regionally, highlights the market dynamics, features the market growth driving and limiting factors, includes the market segmentation analysis based on end use applications, types, regions. The market competitive landscape is also thoroughly discussed in the report. Moreover, the study comprises profiles of the dominant market participants.
Porter’s five forces analysis together with the profound review of the current and emerging trends, opportunities and prospects, and detailed future forecasts for the market up to 2022 are included here, too.
Evonik Industries, Dow Corning, Hexion, Shin Etsu, and Wacker Chemie AG are among the key suppliers in the silane market profiled in this topical report.
Many other topical research publications worked out by Lucintel are presented at its page at MarketPublishers.com.