Silane Modified Polymers Market to be Driven by Rising Application in Building & Construction Industry during 2017-2023

Silane Modified Polymers Market
Global Silane Modified Polymers Market Information- by Type (Polyether Modified Silane, Polyurethane Modified Silane), by End Use Industry (Building & Construction, Automotive, General Industry, and others) and by Region- Forecast till 2023

Silane Modified Polymers Market Synopsis:

Market Research Future published a Half Cooked Research Report on Global Silane Modified Polymers Market which contains information from 2016 to 2023.

Key Player Profiles and Competitive Analysis:

Some of the major players operating in the global silane modified polymers market are The Dow Chemical Company (U.S.), Evonik (Germany), Kaneka Americas Holding, Inc. (U.S.), Henkel Ltd. (Germany), Wacker Chemie AG (Germany), Bostik (France), TONSAN Adhesive,Inc (China), and others

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of key vendors.

Market Overview:

Silane modified polymers are also known as MS polymers. They are large chained polymers sacking with a silyl group. Silane modified polymers exhibits various properties such as high chemical inertness, excellent durability, superior adhesion find application in various end-use industries such as building & construction, automotive, and general industry. Silane modified polymers are good resistance to ultraviolet radiation and they are highly chemical inert due to which this product has an additional advantage over acrylics and polyurethane based adhesives & sealant.

Rising disposable income along with the increasing awareness regarding the harmful effects of isocyanates based products is driving the silane modified polymers market growth. Rising automotive sales in the developed as well as developing region is expected to speed up the market growth over the forecast period.

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Market Segmentation:-

Silane Modified polymer market is segmented on the basis of type and end use industry. On the basis of type, the market is bifurcated into polyether modified silane and polyurethane modified silane. Main component in polyether modified silane is polyoxypropylene. Polyurethane modified silane is produced by the reaction of long chain polyether polyols with an alkoxy-bearing isocyanatosilane. However, crosslinking mechanism of both the products are same but due to higher functionality of polyurethane modified silane it is more reactive and possess higher density comparative to polyether modified silane. Polyether modified silanes are less durable and more elastic as compared to polyurethane modified silane. On the basis of end use industries, silane modified polymers market is segmented into building & construction, automotive, general industry, and others. Silane modified polymer are used for bonding glass and side panels in all types of vehicles such as trailers and trucks, thus increasing importance in automotive sector is driving the market growth. It finds wide application in sealing joints, door & window construction and other interior elements of building & construction sector. Silane modified polymers are primerless adhesion and possess strong bonding durability which makes it widely useful in industrial application.

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Regional Analysis:

Asia Pacific is estimated to be the largest market for silane modified polymers followed by Europe and North America on account of increasing demand from building & construction, automotive, and general industry among others. Emerging countries such as India, China, and Vietnam are the fastest growing market for silane modified polymers, and is expected to grow with the same pace in the near future. Availability of cheap labor, increasing economic growth rate, and competitive manufacturing costs are also the important factors further enhancing the growth of silane modified polymers market in the Asia Pacific region.

North America silane modified polymer market is expected to witness a significant growth with U.S.and Canada being major contributor due to general industry and automotive industry expansion. Moreover, growing silane modified polymer demand in vehicles such as trucks, trailers, and cars due to ultraviolet resistance property may drive the regional growth.

Europe is anticipated to witness a substantial growth over the forecast period due to growing demand for solvent free and isocyanate free products in automotive sector. Industrial growth in countries like UK, Germany, and France are projected to contribute towards regional industry growth.

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