Global Organo-Functional Silanes Market - 2020-2027
|有機功能性矽烷的市場規模(2020年∼2027年) Global Organo-Functional Silanes Market - 2020-2027|
|出版日期: 按訂單生產||內容資訊: 英文||
Organo-functional silanes are essential components in adhesive and sealant formulations based on silane-modified polymers (SMP). These silanes are hybrid compounds which combine the functionality of a reactive organic group in a single molecule with the inorganic functionality of an alcoxysilane. This unique property ensures that they can be used as molecular bridges between organic and inorganic polymers.
The production and growing use of organic functional silanes has closely coincided with the use of composite materials in widespread and diverse applications. In the current scenario, Organo-functional silanes in regions such as Asia-Pacific, Middle East and Africa and North America are also experiencing strong adoption in the building and construction industry. Organo-functional silanes emit approximately 13 times less GHG emissions when used as silicone additives in a traditional brick facade instead of water. Silanes-based sealants also help stave off rising business building-related costs.
The global organo-functional silanes market valued USD XX million in 2019 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2027.
Global demand for organo-functional silanes is rising due to high product requirements from paints & coating formulators followed by manufacturers of adhesives & sealants. Increased penetration of the painting, coating and sealants formulators across various countries such as China, Japan, South Korea, India, Thailand and Malaysia is making Asia-Pacific the fastest growing market.
Factors, such as the construction of green buildings, residential complex expansions and rising renovation activities, have resulted in increased demand for adhesives used in the construction sector in the region. In the past 5 years (2015-2019) the investments in the transport sector increased.
For instance, in April 2019, Government of China invested around USUS$ 73 billion to build key transport projects, including railways, highways, waterways, airports and urban rail. The investment plan will boost the country's connectivity between the major cities, which contributes for the wider economic and social development of the region.
Moreover, China's real estate sector growing rapidly with increased government spending. Owing to increased activity in the real estate market, property prices in China recently rose by about 30% in 2019. Construction development is expected to have a positive impact on the country's paint & coatings industry. In addition, according to China's National Growth and Reform Commission, the Chinese government approved 26 infrastructure projects in 2019, at an approximate investment of about USD 142 billion. During economic slowdown China has always invested in infrastructure projects to boost production. Rising infrastructure investments are likely to drive the demand of the very market. These factors, in turn, are fueling the demand for organo-functional silanes in paints & coatings and building construction sector globally.
Global organo-functional silanes is segmented into type, application, surface and end-user. Based on the type, the market is segmented into Amino Functional Silanes, Glycidoxy Functional Silanes, Vinyl Functional Silanes and Methacryloxy Functional Silanes, Phenyl Functional Silanes and Others.
Based on the application, the market is segmented into Adhesive, Coatings, Sealants, Grouts and Mortars, Primers, Rubber and Elastomeric Compounds, Oil Field Chemicals, Composites, Polymer Modifiers, Waterproofing, Corrosion Protection, Mineral and Filler Treatments and Others. Based on the surface, the market is segmented into Metals, Glass, Minerals and Others. Based on the end-user, the market is segmented into Automotive, Construction, Paints & Coatings, Industrial, Electronics and Others.
Amino products find application as a coupling agent, adhesion promoter, resin additive, and surface modifier. It strengthens resin chemistry bonding in strengthening materials and inorganic fillers. Amino-based products are also stable and react well with water, making them ideal for different applications. Several major market players develop amino functional silanes for the paint & coatings applications. For example, WACKER produces various organo-functional silanes which are available under the trademark GENIOSIL.
They are also used in various end-use applications, such as paints & coatings as adhesion promoters and binding agents. The expansion of end-use industries in India, China and Brazil coupled with increased knowledge of the benefits of the organo-functional silanes is likely to drive segment growth over the forecast period. Increasing production activities in the U.S. are also expected to have a positive impact on the demand over the forecast period.
By region, the organo-functional silanes market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and Africa. Asia-Pacific accounted for a majority share of the organo-functional silanes market in 2019, in terms of both volume and value.
It is attributed to the increasing manufacturing sector in Vietnam, South Korea, Thailand, China, Japan and India which fueled demand for plastic compounds and rubber substrates in the automotive, industrial machinery, construction, packaging and electrical & electronics industries. India and China have experienced an increase in automotive production in the recent past as a result of technology transfer from western regions.
In the development of electronic grade silicone, silanes are a key factor. Silicone sealants, gels, adhesives and coatings prevent shocks, contaminants and heat from protecting ICT equipment and electronic components. Thus, silanes are paving way for better thermal management leading to the evolution of smaller, powerful and lighter devices
In the current scenario, growing production in the Indian electronics market can be attributed to pace up demand for advanced computers, mobile phones, TVs and defense-related electronics. For instance, in 2019, Electronic Development Fund Policy has been accepted as per the Make in India initiative, with the goal of rationalizing a transposed duty structure.
Another initiative has been made, such as the Modified Special Reward Package Scheme (M-SIPS) to include a CAPEX subsidy of almost 15%-20% in 2019. India is likely to emerge as a potential future manufacturing hub for the region, provided that the government shows adequate support and focus on this sector. Specific factors expected to drive manufacturing in India include lower borrowing costs, export incentives, lower customs duties on raw materials and components and improved ease of operation.
On the other hand, The Indian government has allocated US$ 63 billion for the infrastructure sector in 2019-20 and is planning to spend US$ 1.4 trillion over the next five years. The development of smart cities and other schemes like "housing for all" are expected to drive the market.
The coronavirus epidemic has slowed down commercial building activities because of lockdowns and supply chain disturbances. However, the slowdown is expected to be temporary, and the increasing need for infrastructure and housing activities in the emerging economies during the forecast period is expected to show significant growth for organo-functional silanes.
Key players operating in the market are: Evonik Industries, Wacker Chemie, Gantrade Corporation, Alfa Chemicals Industrial, Krahn Chemie, GFS Chemicals among others. In 2016, Sivate, A 200, an activated acrylates functional Silane, has been launched by the Gelest Inc. which strengthened the company's product portfolio.
In 2015, Wacker Chemie AG, a global market leader for the silanes market, launched several new products under the brand name of SILRES WH, SILRES BS, GENIOSIL XT. In the same year, the company also opened a new logistics center in China's Jiangsu province with an estimated US$ 8 million investment.
*The global organo-functional silanes market report will provide access to approximately 69 Market data tables, 74 figures, and 237 pages.