Silane Market size is expected to reach USD 1.4 billion by 2027
Silane Industry Overview The global silane market size was valued at USD 1.1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2020 to 2027. The global market is driven by increasing product demand from rapidly developing end-use sectors. Rising demand for paint & coating products from the growing construction sector, which uses silane-based coatings is projected to drive the demand over the forecast period. New construction project outcomes in the Asia Pacific coupled with increasing infrastructural renovation activities in North America and Western Europe have led to a surge in demand for various industrial coatings, adhesives, plastic components, and more. Furthermore, growing demand for automobiles in the Middle East and South America regions has led to a surge in demand for various light-weight, durable plastic components, and tires, which requires a significant amount of silane products for continued production operations....