Top Companies in Silanes Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Silanes Market is projected to reach a value of USD 2.68 Billion by 2030 at a CAGR (Compound Annual Market Growth) of 5.9% over the forecast period.
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The Global Silanes Market was valued at USD 1.8 Billion in 2022 and is projected to reach a value of USD 2.68 Billion by 2030 at a CAGR (Compound Annual Market Growth) of 5.9% over the forecast period. The global silanes market will continue to expand due to rising demand from different end-user sectors, including pharmaceutical, chemical, automotive, academic and research, petrochemicals, and biofuel industries.
Vantage Market Research has recently published a new report on the "Silanes Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in the Silanes market.
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The Global Silanes market is dominated by well-known players like Evonik Industries AG, Dow Inc., Momentive Performance Materials Inc., Shin-Etsu Chemicals Co. Ltd., Gelest Inc., Wacker Chemie, SiVance LLC, PPG Industries Inc., Air Products and Chemicals Inc., and Nanjing Shuguang Chemical Group Co. Ltd., among others. These market participants are also pursuing strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Silanes Market
- Dow Chemical Company (United States)
Headquartered in Midland, Michigan, the Dow Chemical Company is a multinational chemical company that produces a wide range of materials and products. The company has a presence across the globe, with offices and plants in over 160 countries. It has more than 36,000 employees and reported revenue of over $42 billion in 2020. In recent years, the company has focused on sustainability and has set targets to reduce its carbon footprint and increase the use of renewable energy.
- Evonik Industries (Germany)
Based in Essen, Germany, Evonik Industries is a specialty chemicals company that produces a variety of products, including silanes. The company has a global presence, with operations in over 100 countries. It has more than 32,000 employees and reported revenue of over $11 billion in 2020. Evonik has recently invested in expanding its production capacity for specialty silanes, including those used in the production of adhesives and coatings.
- Wacker Chemie AG (Germany)
Headquartered in Munich, Germany, Wacker Chemie AG is a chemical company that produces a range of products, including silanes. The company has operations in over 100 countries and employs more than 14,000 people. In 2020, the company reported revenue of over $4.5 billion. Wacker has recently expanded its silanes portfolio to include products for use in the production of high-performance composites and coatings.
- Momentive Performance Materials Inc. (United States)
Based in Waterford, New York, Momentive Performance Materials is a specialty chemical company that produces a variety of products, including silanes. The company has a global presence, with operations in over 30 countries. It has more than 4,800 employees and reported revenue of over $2.3 billion in 2020. Momentive has recently invested in expanding its production capacity for silanes used in the production of adhesives and sealants.
- Shin-Etsu Chemical Co., Ltd. (Japan)
Headquartered in Tokyo, Japan, Shin-Etsu Chemical Co. is a chemical company that produces a range of products, including silanes. The company has a global presence, with operations in over 30 countries. It has more than 23,000 employees and reported revenue of over $12.4 billion in 2020. Shin-Etsu has recently invested in expanding its production capacity for silanes used in the production of semiconductors and other electronic components.
- Gelest Inc. (United States)
Based in Morrisville, Pennsylvania, Gelest Inc. is a specialty chemical company that produces a variety of products, including silanes. The company has a global presence, with operations in over 30 countries. It has more than 500 employees and reported revenue of over $170 million in 2020. Gelest has recently focused on expanding its product portfolio to include innovative silanes for use in the medical and electronic industries.
- Nanjing Shuguang Chemical Group Co., Ltd. (China)
Based in Nanjing, China, this is a chemical company that produces a range of products, including silanes. The company has operations in over 60 countries and employs more than 6,000 people. In 2020, the company reported revenue of over $3.3 billion. Nanjing Shuguang has recently invested in expanding its production capacity for silanes used in the production of tires and rubber products.
- PPG Industries Inc. (United States)
Headquartered in Pittsburgh, Pennsylvania, PPG Industries Inc. is a specialty chemical company that produces a variety of products, including silanes. The company has a global presence, with operations in over 70 countries. It has more than 46,000 employees and reported revenue of over $13.2 billion in 2020. PPG Industries has recently focused on expanding its product portfolio to include innovative silanes for use in the automotive and construction industries.
- Air Products and Chemicals, Inc. (United States)
Based in Allentown, Pennsylvania, Air Products and Chemicals, Inc. is a multinational chemical company that produces a range of products, including silanes. The company has a global presence, with operations in over 50 countries. It has more than 19,000 employees and reported revenue of over $8.5 billion in 2020. Air Products has recently focused on expanding its product portfolio to include specialty silanes for use in the production of high-performance coatings and adhesives.
- SiVance LLC (United States)
Headquartered in Gainesville, Florida, SiVance LLC is a specialty chemical company that produces a range of products, including silanes. The company has a global presence, with operations in over 30 countries. It has more than 150 employees and reported revenue of over $50 million in 2020. SiVance has recently focused on developing innovative silane technologies for use in the electronics and aerospace industries.
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