By 2026, the silane coupling agent market will be worth US$1.6 billion-an exclusive report from MarketsandMarkets™

2021-12-14 07:41:57 By : Ms. Joa Huang

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Chicago, July 6, 2021/PRNewswire/--According to the new market research report "By type (epoxy, vinyl, amino, acrylic, methacryloxy), application (rubber and plastic Adhesives and sealants, paints and coatings) divided by the silane coupling agent market "), end-use industries and regions-global forecast to 2026", released by MarketsandMarkets™, the market size of silane coupling agents is expected to increase from 2021 The annual growth rate of 1.2 billion U.S. dollars to 1.6 billion U.S. dollars in 2026, a compound annual growth rate of 5.5% during the forecast period.

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The driving factor of the silane coupling agent market is the presence of silane coupling agents in emerging economies such as India, China and the Middle East, Thailand, Indonesia, Brazil and Argentina.

During the forecast period, rubber and plastics are expected to become the fastest growing applications in the silane coupling agent market.

Rubber and plastics are the fastest growing application areas in the silane coupling agent market. The growth of this market segment is attributed to the increasing use of coupling agents in tire manufacturing. The use of silane coupling agent makes the tire strong and efficient. In terms of value, it will account for approximately 36.0% of the silane coupling agent market in 2020.

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It is expected that during the forecast period, the Asia-Pacific region will occupy the largest market share in the global silane coupling agent market.

The Asia-Pacific region will account for the largest share of the silane coupling agent market in 2020. Due to the supply of cheap labor and raw materials, foreign investment has increased, and the market in the region is growing. Due to ongoing and upcoming construction and construction projects and industrial projects in Southeast Asian countries, the demand for silane coupling agents in the Asia-Pacific region is expected to increase in the next five years. The high economic growth and large investment in these applications play a key role in driving the silane coupling agent market.

Dow (USA), Wacker Chemie AG (Germany), Evonik Industries (Germany), Momentive (USA) and Shin-Etsu Chemical Co. Ltd. (Japan) are the world's leading manufacturers of silane coupling agents.

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Browse adjacent markets: resins and polymers market research reports and consulting

Classified by type (sulfur silane, vinyl silane, amino silane, epoxy silane), application (rubber and plastic, fiber treatment, adhesives and sealants, paint and coating) and region (North America, Europe, Asia Pacific) Coupling Agent Market-Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/coupling-agent-market-249353486.html

Synthetic rubber by type (SBR, BR, SBC, EPDM, IIR, NBR) applications (tires, automobiles (non-tires), footwear, industrial products, consumer products, textiles), regions (North America, Europe, Asia Pacific, South) Market America, MEA)-Global Forecast to 2026 https://www.marketsandmarkets.com/Market-Reports/synthetic-rubber-market-761.html

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