Silanes Market to surpass $3.9bn by 2024 Silanes Market | Page 2

Shifting focus towards paper packaging materials as opposed to plastic packaging
materials due to rising regulations and compliance against plastic is probable to
hamper the global silane market growth by 2024. However, extensive product use
across several end-user industries such as automotive, construction, paints &
coatings, packaging, etc. will generate enough opportunities for silane market size by
2024.
Silane market size for organofunctional silane is projected to witness gains of more
than 7.5% in the coming years. Organofunctional silane are compounds with Si-C
bond and are mainly used as coupling agents to promote the adhesion of organic
matrices to inorganic substrates. These products find extensive applications in the
form of adhesives, sealants, fillers, pigments, sol-gel system, foundry resin,
silicones, etc. for various end-user industries including paints & coatings,
construction, electronics, automotive, packaging, plastics, rubber, etc. For instance,
product form permanent chemical bonds and therefore work as a molecular bridge
between inorganic and organic elements which not only improve but create new
functionalities. Therefore, it is used in kaolin, clay, talc, mica, or quartz which are
widely used as fillers in the thermoplastic or rubber composite industry. These trends
will augment product demand which will help generate higher gains to the silane
market size by 2024.
U.S. silanes market size, by application, 2013 - 2024 (USD Million)
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