Silane coupling agents 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 2017, 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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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)
The global silane coupling agents market 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.
The growth of the global silane coupling agents in Asia-Pacific market is driven by the increased demand for adhesive and sealants in the building and construction industry as they offer improved performance and are environmentally friendly. The growing construction industry with increasing investments in infrastructure development and residential construction to meet the rising demand for modern residential architecture is likely to add to the market growth. For instance, initiatives taken by the Indian government such as the Smart Cities Mission, Green Corridor, building of ports and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for infrastructure development has led to a rapid increase in construction activities.
Also, in December 2016, the Thailand government approved around USD 25.2 billion for infrastructure plan for 2017, which includes railways, roads, and ports. Additionally, government initiatives such as those by the Indian Green Building Council to promote the concept of green buildings for energy-efficient and premium-quality housing is further stimulating product demand. Also, the Thai Green Building Foundation, established in 2009, has set the new Thai’s Rating of Energy and Environmental Sustainability (TREES) green building standards for the building and construction industry. Such trends exhibit high demand for adhesives and sealants in the building and construction industry in the recent past due to the superior performance, mechanical endurance, high elongation, and environmentally friendly properties.
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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.
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Forecast Model
4 Market Landscape
LIST OF FIGURES:
FIGURE 1 Silane Coupling Agents Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Silane Coupling Agents Market
FIGURE 4 Supply Chain Of Silane Coupling Agents Market
FIGURE 5 Share Of Silane Coupling Agents Market, By Country, 2017 (%)
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