Market revenue in 2021 | USD 27.0 millions |
Market revenue in 2030 | USD 39.5 millions |
Growth rate | 4.3% (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 |
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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 40.37% in 2021. Horizon Databook has segmented the Italy 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.
In 2018, Germany recorded the highest consumption of plastics followed by Italy in the European region. With over 13.29% share of Europe’s overall plastics market, Italy is a major hub for various plastic formulators. In 2017, the country recorded a recycling rate of 14% for PET and has observed a tremendous rise in the establishment of plastics machinery plants over the past decade.
These factors are projected to increase the consumption of silane in plastic formulations across Italy over the foreseeable future. Furthermore, Italy is a hub for the oil & gas industry and noted a growth rate of 18.5% in 2016.
The demand for various industrial coatings, construction adhesives, and more, in the manufacturing sector is observed to have risen over the past couple of years along with their demand in the pharmaceutical industry. These factors are estimated to exhibit a significant rise in the demand for silanes from these key end-use markets in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy silane market , including forecasts for subscribers. This country databook contains high-level insights into Italy silane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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