Silane Coupling Agent Market Size Overview:
Silane Coupling Agents are used in
paints and coatings to enhance the adhesion. They are majorly used for adhesion
promotion as well as enhancing the properties of paints such as corrosion
resistance and scratch resistance. Paints & coatings find a wide range of
applications in major end-use industries such as automotive, construction, and
aerospace. In the building and construction industry, paints and coatings are
used to enhance the aesthetic appeal of the structure. The growth of the
building and construction industry with the rising residential and
non-residential construction across the globe has fueled the demand for paints
and coatings. For instance, according to the US Census Bureau, the overall
construction spending in the US stood at USD 1,246,000 million as of 2017, of
which USD 276,510 million was spent on non-residential construction.
Furthermore, the increasing construction and infrastructure activities in
developed and developing economies in Asia-Pacific, such as India, China,
Thailand, and Malaysia, due to rapid urbanization and industrialization is
projected to propel the demand for Silane Coupling Agents.
Competitive Analysis:
The leading players in the Global Silane Coupling Agent Market Size
are Evonik Industries (Germany), China National Bluestar (China), Nanjing Union
Silicon Chemical Co. Ltd. (China), Gelest Inc. (US), Wacker Chemie AG
(Germany), DowDuPont (US), Momentive Performance Materials Holdings LLC (US),
Shin-Etsu Chemical Co. Ltd. (Japan), Hexpol Compounding (Belgium), 3M (US),
Rayton Chemicals (US), Advanced Polymer Inc (US), and Tianjin Shengbin Chemical
Engineering (China).
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Market Segmentation:
The Global Silane Coupling Agent
Market Size has been segregated on the basis of Product, Application and
Region.
By Product, the Global Silicone
Market has been categorized into vinyl silane, sulfur silane, epoxy silane,
amino silane, and others. The Epoxy Silane Segment is expected to register
healthy CAGR owing to its chemical resistant and adhesive properties, which are
ideal for a wide range of electronic, optical, and aerospace application.
In addition, the Global Silane
Coupling Agent Market Size is categorized in terms of application into
plastics, fiber treatment, adhesives & sealants, paints & coatings, and
others. The paints & coatings segment is expected to witness significant
growth due to its increasing application in the automotive industry. Paints and
coatings offer structural strengthen to the automobiles. For instance, the
coating on the surface of a car protects it from corrosion and abrasion. Thus,
the growth of the automotive industry is projected to fuel the growth of the
paints and coatings segment.
Regional Analysis:
Asia-Pacific is expected to account
for the largest share of the Global Silane Coupling Agent Market Size due to
growth of the end-use industries such as construction and automotive. Growing usage
of Silane Coupling Agent in North America for energy applications which
includes development of hybrid materials used in sealed off resins in solar
panels and wind power assemblies are projected to boost the segmental growth of
the market during the review period.
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Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
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