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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Silane Coupling Agents Market at:
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.
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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
Danyang Organosilicon 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.
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