GITNUX MARKETDATA REPORT 2024

Silanes And Silicones Industry Statistics

The silanes and silicones industry statistics reveal a steady growth in production and consumption globally, driven by increasing demand in various applications such as chemicals, construction, and automotive industries.

Statistic 1

"The global silane and silicone market was valued at 14.4 billion USD in 2019."

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Statistic 2

"The compound annual growth rate (CAGR) for the silane and silicone industry is projected at 6.2% from 2020 to 2027."

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Statistic 3

"The functional silanes segment accounted for the largest market share (41.0%) in 2019."

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Statistic 4

"Asia Pacific held the highest revenue share (38.5%) in the silane and silicone market in 2019."

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Statistic 5

"The silicones segment in the European market is projected to register a 2.9% CAGR from 2020-2026."

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Statistic 6

"Silane and silicone demand in the construction industry is expected to grow at a CAGR of 6.1% from 2020 to 2027."

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Statistic 7

"The siloxanes category holds the largest share in the silicone market, at over 45% in 2019."

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Statistic 8

"The worldwide sales of silanes are projected to surpass 3,500 kilotons by 2028."

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Statistic 9

"The silane coupling agents have more than 50% market share in the overall consumption of silanes."

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Statistic 10

"The global demand for silanes is expected to surge at 4% CAGR over the forecast period of 2018-2028."

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Statistic 11

"Asia Pacific's silicone market is anticipated to grow at the highest CAGR of 5.3% from 2020 to 2027."

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Statistic 12

"The silicone market in India has been predicted to showcase the highest CAGR of 6.1% from 2021 to 2030."

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Statistic 13

"The elastomers application segment in the global silicone market held the largest share of over 45% in 2019."

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Statistic 14

"The medical application sector for silicones is expected to register a CAGR of 9.1% from 2020 to 2027."

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Statistic 15

"The construction sector is predicted to remain the largest consumer of silicone materials, reaching a market value of $4.6 billion by the end of 2030."

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Statistic 16

"Nearly 2/3rd of the total demand for silanes is expected to originate from East Asia."

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Statistic 17

"Organofunctional silanes are set to remain the most preferred product type in the global silanes market throughout the forecast period of 2018-2028."

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