North America Silane Market Size & Outlook, 2021-2030
North America silane market, 2018-2030 (US$Ms)
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North America silane market highlights
- The North America silane market generated a revenue of USD 250.3 millions in 2021.
- The market is expected to grow at a CAGR of 4.4% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 250.3 millions |
| Market revenue in 2030 | USD 368.1 millions |
| Growth rate | 4.4% (CAGR from 2021 to 2030) |
| Largest segment | Mono/chloro silane |
| Fastest growing segment | Mono/chloro Silane |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, North America region accounted for 23.2% of the global silane market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 925.5 millions by 2030.
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Silane Market Scope
Silane Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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% in 2021. Horizon Databook has segmented the North America 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.
The North American silane market is being increasingly driven by the growing automotive and construction sectors. Residential construction is the fastest growing sector, with countries such as Canada and Mexico witnessing significant growth over the last five years.
To cope up with the growing demand for adhesives & sealants from the regional construction market, there is a sizeable increase in the number of large-scale plants manufacturing adhesives as compared to other geographies which mostly have subsidiary units. Moreover, North America is one of the largest consumers of plastics on account of high demand from the automotive, electrical & electronics, packaging, and construction sectors.
Plastics find many applications in these industries due to their versatility, and ease of molding and shaping in packaging and construction. Many automobile manufacturers prefer plastic vehicle components, which help companies achieve low production cost and increase their bottom line. These factors have eventually led to the high demand for silane from plastic formulators in the region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America silane market , including forecasts for subscribers. This continent databook contains high-level insights into North America silane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America silane market size, by country, 2018-2030 (US$Ms)
North America Silane Market Outlook Share, 2021 & 2030 (US$Ms)
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