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At a CAGR of 8.7 percent between 2023 and 2030, the monosilane market is expected to increase from its 2022 valuation of $1.15 billion to a peak of $2.19 billion.
Product demand from industries like rubber and plastics, fiber treatment, adhesives and sealants, paints and coatings, and others has contributed to the expansion of the market. Rising research and development expenditures for identifying new uses for the material are also contributing to the growth of the global monosilane market. Over the projection period, demand for paint and coating products is expected to rise as monosilane-based coatings become more popular in the construction industry. As a result of recent building project achievements in Asia and the Pacific and expanding infrastructure repair operations in North America and Western Europe, there has been a major increase in demand for various industrial coatings, adhesives, plastic components, and more. The growing automobile markets in the Middle East and South American regions necessitate a large quantity of monosilane products for ongoing production operations, particularly in the form of tyres and other lightweight, long-lasting plastic components.
Market Segmentation of Monosilane Based on End-Use
In 2022, the paints and coatings segment accounted for the majority of market revenue because of the widespread adoption of monosilane-based coatings in the building sector. Regulatory compliance, fuel efficiency, and the development of water-based coatings all have an impact on the industry. The growth of the monosilane market is aided by a number of factors, including the expansion of the automotive and building & construction industries, the development of solvent-free coatings, and the efforts of R&D organizations. The pharmaceutical and cosmetics sectors, as well as developing countries, are all good bets for the monosilane market during the next few years.
Influencers on the Monosilane Industry
The market expansion is being driven by the increasing demand for paints and coatings.
The explosive growth of the paints and coatings industry is the key factor propelling the market. As the economies of developing regions like Asia Pacific and the Middle East and Africa continue to flourish, so does the need for paints and coatings. Since monosilane is so useful in plastics, the booming auto market should also boost demand for the chemical.
Limitations in the Monosilane Industry
Increases in the price of inputs
The cost of monosilane is fully determined by the cost of its primary input, which tends to fluctuate due to fluctuations in demand for the underlying raw material (fossil fuels in this example). Product prices also tend to fluctuate as a result of changes in the cost of raw materials.
Influential Patterns in the Market
When compared to other silicon-based compounds, monosilane has higher properties, making it more in demand in the semiconductor and solar industries. Growing need for monosilane, used in the production of silicone rubber, sealants, and adhesives. Polysilicon is in high demand since it is an essential component of semiconductor chips and solar PV cells. More and more coatings, composites, and elastomers are making use of monosilane due to its high mechanical and thermal stability. The transportation, aerospace, and defense, and healthcare sectors are among the top five end-use industries that have boosted their use of monosilane.
Report Coverage
Global Monosilane research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Monosilane report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Monosilane competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Monosilane market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Monosilane market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Monosilane market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Tokuyama Corporation (Japan), Wacker Chemie AG (Germany), OCI Company Ltd. (South Korea), REC Silicon ASA (Norway), LG Chem (South Korea), Hemlock Semiconductor Corporation (U.S.), Air Liquide S.A. (France), Linde AG (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Gujarat Fluorochemicals Ltd. (India), Inner Mongolia Dakang Chemicals Co., Ltd. (China), Xiamen Changelight Co., Ltd. (China), American Elements (U.S.), AXT Inc. (U.S.), Jiuzhou Silicon Industry Co., Ltd. (China), China Silicon Corporation Ltd. (China), Jiangsu Zhongneng Chemical Co., Ltd. (China)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Monosilane market based on the below-mentioned segments:
Global Monosilane Market, By Grade
Electronic
Industrial
Others
Global Monosilane market, By Application
Rubber & Plastic
Fiber treatment
Adhesives & Sealants
Paints & Coatings
Others
Global Monosilane market, Regional Analysis
Product demand from industries like rubber and plastics, fiber treatment, adhesives and sealants, paints and coatings, and others has contributed to the expansion of the market. Rising research and development expenditures for identifying new uses for the material are also contributing to the growth of the global monosilane market. Over the projection period, demand for paint and coating products is expected to rise as monosilane-based coatings become more popular in the construction industry. As a result of recent building project achievements in Asia and the Pacific and expanding infrastructure repair operations in North America and Western Europe, there has been a major increase in demand for various industrial coatings, adhesives, plastic components, and more. The growing automobile markets in the Middle East and South American regions necessitate a large quantity of monosilane products for ongoing production operations, particularly in the form of tyres and other lightweight, long-lasting plastic components.
Market Segmentation of Monosilane Based on End-Use
In 2022, the paints and coatings segment accounted for the majority of market revenue because of the widespread adoption of monosilane-based coatings in the building sector. Regulatory compliance, fuel efficiency, and the development of water-based coatings all have an impact on the industry. The growth of the monosilane market is aided by a number of factors, including the expansion of the automotive and building & construction industries, the development of solvent-free coatings, and the efforts of R&D organizations. The pharmaceutical and cosmetics sectors, as well as developing countries, are all good bets for the monosilane market during the next few years.
Influencers on the Monosilane Industry
The market expansion is being driven by the increasing demand for paints and coatings.
The explosive growth of the paints and coatings industry is the key factor propelling the market. As the economies of developing regions like Asia Pacific and the Middle East and Africa continue to flourish, so does the need for paints and coatings. Since monosilane is so useful in plastics, the booming auto market should also boost demand for the chemical.
Limitations in the Monosilane Industry
Increases in the price of inputs
The cost of monosilane is fully determined by the cost of its primary input, which tends to fluctuate due to fluctuations in demand for the underlying raw material (fossil fuels in this example). Product prices also tend to fluctuate as a result of changes in the cost of raw materials.
Influential Patterns in the Market
When compared to other silicon-based compounds, monosilane has higher properties, making it more in demand in the semiconductor and solar industries. Growing need for monosilane, used in the production of silicone rubber, sealants, and adhesives. Polysilicon is in high demand since it is an essential component of semiconductor chips and solar PV cells. More and more coatings, composites, and elastomers are making use of monosilane due to its high mechanical and thermal stability. The transportation, aerospace, and defense, and healthcare sectors are among the top five end-use industries that have boosted their use of monosilane.
Report Coverage
Global Monosilane research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Monosilane report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Monosilane competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Monosilane market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Tokuyama Corporation (Japan), Wacker Chemie AG (Germany), OCI Company Ltd. (South Korea), REC Silicon ASA (Norway), LG Chem (South Korea), Hemlock Semiconductor Corporation (U.S.), Air Liquide S.A. (France), Linde AG (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Gujarat Fluorochemicals Ltd. (India), Inner Mongolia Dakang Chemicals Co., Ltd. (China), Xiamen Changelight Co., Ltd. (China), American Elements (U.S.), AXT Inc. (U.S.), Jiuzhou Silicon Industry Co., Ltd. (China), China Silicon Corporation Ltd. (China), Jiangsu Zhongneng Chemical Co., Ltd. (China) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Monosilane Market from 2021 to 2030.
- Market Forecast for Monosilane Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Monosilane competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Monosilane
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Monosilane market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Monosilane market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Tokuyama Corporation (Japan), Wacker Chemie AG (Germany), OCI Company Ltd. (South Korea), REC Silicon ASA (Norway), LG Chem (South Korea), Hemlock Semiconductor Corporation (U.S.), Air Liquide S.A. (France), Linde AG (Germany), Dow Corning Corporation (U.S.), Momentive Performance Materials Inc. (U.S.), Evonik Industries AG (Germany), Shin-Etsu Chemical Co., Ltd. (Japan), Gujarat Fluorochemicals Ltd. (India), Inner Mongolia Dakang Chemicals Co., Ltd. (China), Xiamen Changelight Co., Ltd. (China), American Elements (U.S.), AXT Inc. (U.S.), Jiuzhou Silicon Industry Co., Ltd. (China), China Silicon Corporation Ltd. (China), Jiangsu Zhongneng Chemical Co., Ltd. (China)
Primary Target Market
- Market Players of Monosilane
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Monosilane market based on the below-mentioned segments:
Global Monosilane Market, By Grade
Electronic
Industrial
Others
Global Monosilane market, By Application
Rubber & Plastic
Fiber treatment
Adhesives & Sealants
Paints & Coatings
Others
Global Monosilane market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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