Silane Coupling Agents Market Overview| Industry Rising Trends, Analysis and Demands 2022 to 2027
Silane Coupling Agents Market Overview 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 2022, 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.
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Competitive
Analysis:
The leading
players in the Global Silane Coupling Agents Market Overview 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).
Market
Segmentation:
The Global Silane
Coupling Agents Market share 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 Agents Market 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 Agents
Market 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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