Silanes - Global Market Trajectory & Analytics

Global Silanes Market to Reach $2.2 Billion by 2027

Amid the COVID-19 crisis, the global market for Silanes estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2.2 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027. Organo-Functional Silane, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$1.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mono/Chloro Silane segment is readjusted to a revised 3.5% CAGR for the next 7-year period.

The U. S. Market is Estimated at $431.7 Million, While China is Forecast to Grow at 7.2% CAGR

The Silanes market in the U. S. is estimated at US$431.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$445.8 Million by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR. We bring years of research experience to this 8th edition of our report. The 278-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• China National BlueStar (Group) Co., Ltd.
• DowDupont Inc.
• Evonik Industries AG
• Gelest, Inc.
• Jingzhou Jianghan Fine Chemical Company Limited
• Momentive Performance Materials, Inc.
• Nanjing Shuguang Chemical Group Company Limited
• Shin-Etsu Chemical Co., Ltd.
• Wacker Chemie AG
• WD Silicone Co., Ltd.