Evonik Industries AG (Germany), Shin-Etsu Chemicals Co., Ltd. (Japan) and Momentive Performance Materials Holdings LLC (US) are the leading players in the Silanes Market
The market for Silanes is approximated to be USD 2.9 billion in 2022, and it is projected to reach USD 3.9 billion by 2027 at a CAGR of 6.2%. Silanes, also known as silicon hydrides, are compounds formed by covalent bonds between hydrogen and silica. Silanes are manufactured by reacting magnesium silicide with acids or by reducing silicon chlorides with lithium aluminum hydride. Silanes mainly function as coupling agents and surface modifiers. They are available in two types: functional and non-functional groups. The ability of functional silanes to react with inorganic and organic materials and that of non-functional with inorganic materials makes them useful in applications such as crosslinking agents, adhesion promoters, surface modifiers, coupling agents, and dispersing agents. Silanes act as an important part of the rubber & plastics sector, especially the tire industry. The major applications of silanes also include fiber treatment, adhesives & sealants, and paints & coatings.
The demand for silanes is mainly furnished by three major sectors that is rubber & plastics, fiber treatment and adhesive & sealants. Some of the leading companies involved in the manufacturing of silanes are Evonik Industries (Germany), Shin-Etsu Chemical Co. Ltd (Japan), Momentive Performance Materials Holdings LLC (US), Dow Inc. (US), Wacker Chemie AG (Germany), Gelest Inc. (US), China National BlueStar (Group) Co. Ltd. (China), WD Silicone Co. Ltd. (China), Jingzhou Jianghan Fine Chemical Co. Ltd. (China), and Nanjing Shuguang Chemical Group Co. Ltd. (China).
Evonik Industries (Germany), deals in various segments, such as smart materials, specialty additives, nutrition & care, performance materials, and technology & infrastructure. The company’s smart materials has covered the largest market share. The company manufactures and sells silanes through the smart materials business segment. The company’s inorganic materials & coatings business unit manufactures silanes and serves various end-use industries such as electronics, construction, tire, and fiber optics.
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Shin-Etsu Chemical Co. Ltd (Japan), operates through four business segments — infrastructure materials, electronics materials, functional materials, and processing & specialized services. The company manufactures silanes through the functional materials segment. Functional materials segment. Company manufacture silanes, which find use in a wide range of applications, ranging from thermosetting resins, primers, and paints to electronics and resin modifiers. It has a presence in Japan, Europe, Asia-Pacific, South America, and North America.
Momentive Performance Materials Holdings LLC (US), engages in the production and commercialization of silanes. It operates business through two subsidiaries, namely, Momentive Specialty Chemicals and Momentive Performance Materials Inc. The company develops and manufactures silicones, ceramic materials, and fused quartz. The company offers silanes, specialty silicones, and urethane additives to serve end-use industries such as building & construction, automotive, aerospace, electronics, and medical.
Related Reports:
Silanes Market by Type (Functional Silanes (Sulfur, Vinyl, Amino, Epoxy, Methacryloxy), Application (Rubber & Plastics, Fiber Treatment, Adhesives & Sealants, Paints & Coatings)), and Region - Global Forecast to 2021
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