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| Silane Coupling Agents Market |
The
global Silane
Coupling Agent Market is expected to witness significant growth over
the forecast period owing to its rising applications from end user industries
including chemical, electrical, automotive, and construction. Furthermore,
growing awareness among companies regarding Silane coupling agent utilization
for energy applications such as manufacturing of hybrid materials for wind
power systems and enclosed resins for solar panels is anticipated to drive the
market growth over the next eight years. In addition, the growing adoption of
Silane coupling agents for improving dispensability and adhesion of inorganic
materials coupled with utilization as raw material for hard-coat materials is
further projected to propel the sector demand over the forecast period. Silane
coupling agents are compounds, which contain functional groups that bond with
both organic and inorganic materials. They act as a sort of intermediary that
bond organic to inorganic materials. Its characteristics make them useful for
improving the mechanical strength of composite materials, for improving
adhesion, surface modification, and resin modification.
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The
market is segmented by end-user application into chemical, electrical, energy,
automotive, and construction. Chemical segment particularly uses Silane
coupling agents for improving viscosity and transparency during kneading and
mixing. Automotive segment uses it to create high molecular weight silicas,
rubbers and to make high weatherable paints. Construction segment uses Silane
coupling agent for improving the durability of exterior walls of bridges,
homes, and other infrastructure building. Automotive and chemical segments are
expected to account for major market share over the next eight years owing to
growing technological advancements and rising awareness regarding the
application in the aforementioned industries.
The
Silane coupling agent market is highly competitive primarily to the presence of
several domestic and international suppliers. Though, the sector has the
presence of various new players, who face difficulty in competing with other
major companies in terms of functionalities, features, quality, and services.
Over the forecast period, the growing new product development activities
coupled with increasing adoption of new technologies for achieving operational
efficiency has enabled the competition to become more aggressive. On a
contrary, few major players through continuous R&D endeavors coupled with
growing expertise knowledge in the industry have enabled them to witness
competitive edge, thus propelling the overall growth of the sector over the
next eight years.
North
America and Europe are anticipated to witness major market share over the
forecast period owing to the growing applications from end user industries
including chemical, automotive and construction primarily due to its extensive
adhesive properties to inorganic substrates. Asia Pacific is anticipated to
account for fastest growth over the forecast period primarily due to the
growing adoptions of Silane coupling agents from energy applications and
increasing awareness regarding its benefits for making silica reinforced tires.
India, China, and Japan are anticipated to witness the highest share in the
region majorly owing to the rising disposable income coupled with growing
foreign investments. The Middle East & Africa is projected to see
significant growth by 2020 mainly owing to increasing urbanization, industrialization,
and globalization. The sector has huge potential in this region primarily owing
to rising per capita income and foreign investments.
Key
players in the market include Momentive, Dow Corning, Shin-Etsu, Evonik,
Gelest, JNC (Chisso), Wacker, Advanced Polymer Inc., JingzhouJianghan Fine
Chemical Co. Ltd., China National Bluestar Co. Ltd., and WD Silicone. Few other
companies in the Silane coupling agent industry are Hungpai Chemistry Co. Ltd.,
HUBEI Blueshy New, Guotai-Huarong, Shuguang, RizhaoLanxing Chemical Industrial
Co. Ltd., Tianjin Shengbin Chemical Engineering, Huachangchem, Nanjing Capatue
Chemical Co. Ltd., GaizhouHengda Chemicals Co. Ltd., Hangzhou Dadi Chemical Co.
Ltd., and DanyangOrganosilicon Material. The market is highly fragmented having
less than 25% market share by top five companies. The market players through
continuous R&D endeavors focus on building a wide distribution network that
supports the overall market to report significant growth over the forecast
period. Companies through strategic expansions and mergers & acquisitions
have been trying to cater large volume of customers with products that are
cost-effective and high quality.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Silane Coupling Agents in these regions, from
2013 to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
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