Canada Silane Market Size & Outlook, 2021-2030
Canada silane market, 2018-2030 (US$Ms)
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Canada silane market highlights
- The Canada silane market generated a revenue of USD 22.5 millions in 2021 and is expected to reach USD 33.9 millions by 2030.
- The Canada market is expected to grow at a CAGR of 4.6% from 2022 to 2030.
- In terms of segment, mono/chloro silane was the largest revenue generating product in 2021.
- Mono/chloro Silane is the most lucrative product segment registering the fastest growth during the forecast period.
Silane market data book summary
| Market revenue in 2021 | USD 22.5 millions |
| Market revenue in 2030 | USD 33.9 millions |
| Growth rate | 4.6% (CAGR from 2021 to 2030) |
| Largest segment | Mono/chloro silane |
| Fastest growing segment | Mono/chloro Silane |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Alkyl Silane, Sulfur Silane, Amino Silane, Vinyl Silane, Epoxy Silane, Methacrylate Silane, Mono/chloro Silane |
| Key market players worldwide | Mitsubishi Chemical Group Corp, Shin-Etsu Chemical Co Ltd, Rheinmetall AG, Solvay SA, Dow Inc, Evonik Industries AG, Wacker Chemie AG, China Petroleum & Chemical Corp Class H |
Other key industry trends
- In terms of revenue, Canada accounted for 2.1% of the global silane market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. silane market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 28.6 millions by 2030.
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Silane Market Scope
Silane Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada silane market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to silane market will help companies and investors design strategic landscapes.
Mono/chloro silane was the largest segment with a revenue share of 36.44% in 2021. Horizon Databook has segmented the Canada silane market based on alkyl silane, sulfur silane, amino silane, vinyl silane, epoxy silane, methacrylate silane, mono/chloro silane covering the revenue growth of each sub-segment from 2018 to 2030.
Canada was one of the largest producers of crude oil globally as of 2018 and is the third largest as of 2020. Declining prices of crude oil coupled with increasing demand for plastics in the region is paving the way for the growth of the overall demand for plastics. Plastics are produced from various petrochemicals produced from crude oil.
They provide strength, durability, and are light in weight when used in any product, which is why plastics are widely being consumed across Canada, wherein silane is increasingly used on account of its ability to reduce uptake of water in filled plastics. According to statistics published by the Organisation Internationale des Constructeurs d’Automobiles (OICA), automotive production in the country was 1.9 million units in 2018 and registered a decline of 7.89% as compared to that in 2017.
However, the production of automobiles is expected to increase over the forecast period due to rapid globalization, technological advancements, and automation, which is changing the face of automobile manufacturing. In addition, the strengthening Canadian dollar has led to an increase in the purchasing power of consumers. Furthermore, low interest rates of loans and moderate gas prices have led to a rise in automotive purchases in the country. All these aforementioned factors are expected to positively impact the demand for plastics in automotive applications over the forecast period.
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Our clientele includes a mix of silane market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada silane market , including forecasts for subscribers. This country databook contains high-level insights into Canada silane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada silane market size, by product, 2018-2030 (US$Ms)
Canada Silane Market Outlook Share, 2021 & 2030 (US$Ms)
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