Market Synopsis
The global epoxy silanes market is presumed to witness a steady growth rate during the assessment period (2017-2023) owing to the growing coating and paints industry, asserts Market Research Future (MRFR). Also called silicon hydride, Silane is a flammable, colorless, and a highly reactive chemical compound. It has a chemical structure which allows linking with either inorganic or organic matrices which makes them indispensable to a wide range of application. They can be used as urethanes, adhesion promoter for epoxies, and acrylics. They can also be used as surface treatment for reinforcers and fillers.
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Drivers and Constraints Impacting the Market
Epoxy silanes are extensively used in fiber treatment, adhesive sealants, paints coatings, packaging, medical, and others. With growing paints and coatings industry across the globe, the market for epoxy silanes is considered to stimulate during the assessment period. Epoxy silanes are also highly used to prepare DNA microarrays in medical application, which is further driving the global market. Moreover, rising packaging industry along with the growing application of epoxy silanes in the packaging industry is considered to augment the market growth in the coming years.
On the flip side, the unstable behavior of silanes is presumed to retard the market growth during the review period. The inability of silanes to withstand static pressure in the paints and coatings industry is likely to pose a serious impact on the global market in the coming years.
Global Epoxy Silanes Market: Segmental Analysis
The global Epoxy Silanes Market Size has been segmented on the basis of application, type, and region.
By mode of type, the global epoxy silanes market has been segmented into epoxy functional silanes.
By mode of application, the global epoxy silanes market has been segmented into medical, paints coatings, adhesive sealants, fiber treatment, packaging, and others. Among these, the paints coatings segment is considered to dominate the global epoxy silanes market. It is extensively used in as a raw material in the production of aircraft coatings, marine coatings, emulsion paints, anticorrosion coatings, interior exterior decorative coatings, and automotive coatings.
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Regional Insights
Geographically, the epoxy silanes market span across regions namely, Asia Pacific, Europe, North America, Latin America, and the Middle East and Africa.
Among all the regions, Asia Pacific is presumed to account for the largest market share in terms of volume and revenue. China leads the market in this region owing to the rapid industrialization in this region. India also represents a significant market share in this region owing to the progression in the healthcare sector along with the application of epoxy silanes in the medical sector. The Asia Pacific region is considered to maintain its dominance in the coming years owing to the increasing application for epoxy silanes along with the presence of the chemical sector in this region.
North America and Europe are estimated to hold the second largest position in the market owing to the presence of developed economies in this region which show high use of packaging and paints coatings. Europe is registering a slow growth compared to North America owing to the decrease in economic growth and rising demand for environmentally-friendly chemicals.
Industry Updates
August 9, 2018: According to a recent study, it has been found that epoxy silane-modified colloidal silica can contribute to improving sanding and block resistance properties of water-borne clear coats. Recently there has been growing interest in water-borne lacquers as they have been proven to offer benefits such as sanding, anti-blocking, and wood grain accentuation in acrylic emulsion-based wood coatings.
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Competitive Dashboard
The noteworthy players operating the global market are NANJING UNION SILICON CHEMICAL CO. LTD (U.S.), Momentive (U.S.), PCC SE (Germany), Anhui Elite Industrial Co. Ltd (China), Evonik Industries AG (Germany), Air Products Chemicals Inc. (U.S.), and The Dow Chemical Company (U.S.).
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