Silane Market Size Worth $1.4 Billion By 2027 | CAGR: 4.0%

 

The global Silane Market size is expected to reach USD 1.4 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. High demand for silane as an adhesion promoter in the adhesives & sealants segment and as a coupling agent in paints & coatings segment is driving the market globally. The extensive use of the product in various types of paints and coatings used in the building & construction industry has led to a rise in its demand. Companies, such as Shin-Etsu Chemical Co., Ltd., Dow Corning, Momentive Performance Materials Inc., Power Chemicals Corporation, and Wacker Chemie AG, are among the top manufacturers of silane for paints & coatings industry.

Silane is used as an adhesion promoter in the coatings industry and is also used as a crosslinking agent, as well as in pigment treatment. It improves the UV resistance, adhesion, water & chemical resistance, flow behavior, and pigment & filler dispersion of coatings. Silane coupling agents enable the paint to display an enhanced performance. Synthetic elastomers and other coatings face adhesion issues after being exposed to water and moisture. Using silane as an adhesion promoter can eliminate these problems.

The growth of the automotive industry on account of the technological advancements and the rising requirement for silane-based rubber products for tire manufacturing is expected to fuel the market demand globally. Silane is used as a coupling agent between non-black pigments and the polymer backbone in rubber compounding. It allows the rubber to exhibit improved rolling & abrasion resistance, higher compound modulus, and enhanced compression, leading to its usage in tires in the automotive industry.

The automotive industry has been a crucial part of the global economies for many years on account of the presence of multiple international automobile manufacturers across the world. Key multinational automakers including Volkswagen Group, Daimler, Subaru, Hyundai, KIA, Honda Motor Company, Nissan Motor Company, Mitsubishi, Fiat Chrysler Automobiles, Toyota Motor Corporation, Ford Motor Company, and General Motors have been structuring automotive industry on a global scale. The growth of these end-use sectors is anticipated to boost the demand for silane over the forecast period.

Related Press Release@ Silane Market Report

Silane Market Report Highlights

• Mono/chloro silane is expected to witness the fastest CAGR of 4.6%, in terms of volume, from 2020 to 2027
• This growth is due to increasing demand for the product as an intermediate in the production of ultrapure silicon used in the semiconductor industry and as a protecting agent in the pharmaceutical industry
• Paints & coatings application is expected to be the fastest-growing segment, in terms of volume, from 2020 to 2027, due to high demand from the rapidly growing building & construction sector across emerging economies of Central America and the Asia Pacific
• Asia Pacific is expected to register the fastest growth rate of 4.8%, in terms of volume, from 2020 to 2027 owing to increasing penetration of automobile manufacturers and rising construction projects across China, India, and South Korea
• Key companies focus on research & development activities for product development and process innovation

Silane Market Segmentation

Grand View Research has segmented the global silane market on the basis of product, application, and region:

Silane Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Alkyl Silane
• Sulfur Silane
• Amino Silane
• Vinyl Silane
• Epoxy Silane
• Methacrylate Silane
• Mono/Chloro Silane
• Others

Silane Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• Paints & Coatings
• Adhesives & Sealants
• Rubber & Plastics
• Fiber Treatment
• Electronics & Semiconductor
• Others

Silane Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)

• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• The U.K.
• France
• Italy
• Asia Pacific
• China
• India
• Japan
• South Korea
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Polyols Market Size Worth USD 45.17 Billion By 2025 | CAGR: 8.5%

The global Polyol Market size is expected to reach USD 45.17 billion by 2025 at an 8.5% CAGR during the forecast period, according to a new report by Grand View Research, Inc. There has been a shift in trend from conventional heavy materials such as metals to lightweight, high performance plastics. This has, in turn, driven the use of polyurethane to lower automotive component weight and boost fuel savings. This is likely to have a positive impact on demand for polyols across the globe.

Polyols are witnessing an increase in demand owing to their growing application scope in important end-use industries such as automotive, furniture and bedding, building and construction, pharmaceutical, and packaging. Growth of the automotive market and rising focus on energy-efficient buildings have emerged as major factors driving the polyol market.

In PU adhesive formulation, polyether polyols are the dominant product segment. Polyether polyols offer excellent flexibility at low temperatures and are relatively less sensitive to hydrolysis compared to polyester polyols. Polyether polyols is also utilized to formulate reactive hot melt adhesives. Polyester polyols are widely used in highly automated and hot melt adhesive applications that require fast set time or initial green strengths.

Furthermore, concerning the overall polyol market scenario, principal manufacturers are seen incorporating bio-based polyols to reduce dependence on conventional petrochemical derived polyols and reduce risks, such as environmental concerns and volatile raw material prices, associated with it.

The global polyols market is concentrated and oligopolistic in nature, with top manufacturers accounting for over 48.0% of the global market. Pricing and various other strategic initiatives depend on these top market players.

Related Press Release@  Polyols Market Report

Polyols Market Report Highlights

• The global polyol market was valued at USD 23.60 billion in 2017 and is projected to ascend at a CAGR of 8.5% over the forecast period
• Development of new products such as bio-based and CO₂-based polyols is creating significant growth potential in the global market
• Key companies in this market are backward integrated owing to fluctuations in supply of raw materials. Major polyol producers have in-house raw material production facilities, which provide them with greater control in terms of pricing decisions
• Focus on Green Building Code and German Renewable Energy Act (EEG), coupled with growing awareness regarding energy conservation, is expected to drive demand for polyols in the building and construction industry

Polyols Market Segmentation

Grand View Research has segmented the global polyols market on the basis of product, application, and region:

Polyols Product Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Polyether
• Polyester

Polyols Application Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• Rigid Foam
• Flexible Foam
• Coatings
• Adhesives & Sealants
• Elastomers
• Others

Polyols Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2014 - 2025)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• Saudi Arabia

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-95196
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Industrial Lubricants Market Size is Predicted to Witness 3.9% CAGR till 2030

The global Industrial Lubricants Market size is expected to reach USD 72.08 billion by 2030, registering a CAGR of 3.9% according to a new report by Grand View Research, Inc. Improving PMI indices across the globe and resultant rise in production capacities are anticipated to boost the demand for industrial lubricants. Moreover, rising manufacturing activities are touted to spur investments in production machinery, thereby creating a strong growth potential for industrial lubricants.

High consumption of general industrial oils generate significant revenue attributing to the growth of industrial lubricants market. Related industries, such as chemicals, unconventional energy and mining, are slated to witness considerable growth. This trend is anticipated to further boost the product demand in compressors, industrial engines, hydraulics, centrifuges, and bearings. Companies are investing heavily in R&D for the development of innovative products to gain competitive edge in the industry. There has been a shift in trend towards use of bio-based raw materials due to rising awareness regarding the need for emission reduction and energy conservation.

Related Press Release@ Industrial Lubricants Market Report

List of Key Players of Industrial Lubricants Market

• Exxonmobil Corp
• Fuchs Group
• The Lubrizol Corporation
• Royal Dutch Shell
• Phillips 66
• Lucas Oil Products, Inc.
• Amsoil, Inc.
• Bel-Ray Co., Inc.
• Total S.A.
• Kluber Lubrication.
• Valvoline International, Inc.
• Chevron Corp.
• Clariant
• Quaker Chemical Corp.
• Houghton International, Inc.
• Castrol
• Blaser Swisslube, Inc.
• Calumet Specialty Products Partners, L.P.
• Petronas Lubricant International
• Idemitsu Kosan Co., Ltd.
• Yushiro Chemical Industry Co., Ltd.

Industrial Lubricants Market Report Highlights

• Product demand in Europe is expected to grow at a CAGR of 2.8% over the forecast period owing to increasing industrial activities along with modernization of industrial machinery
• Saudi Arabia accounts for a major share of the global oil reserves. Heavy investments in education & infrastructure development by the government to reduce unemployment will have a positive impact on the regional market
• Companies have undertaken strategies, such as mergers and acquisition, to enhance their product offerings and strengthen regional presence
• Manufacturers of industrial lubricants market are aiming to achieve optimum business growth by implementing other strategies including joint venture, capacity expansion, product development, and R&D investments

Industrial Lubricants Market Segmentation

Grand View Research has segmented the industrial lubricants market based on product, application, and region:

Industrial Lubricants Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Process Oils
• General Industrial Oils
• Metalworking Fluids
• Industrial Engine Oils
• Greases
• Others

Industrial Lubricants Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Metalworking
• Textiles
• Energy
• Chemical Manufacturing
• Food Processing
• Hydraulic
• Others

Industrial Lubricants Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• Switzerland
• France
• Italy
• Spain
• Netherlands
• Russia
• Asia Pacific
• China
• India
• Japan
• South Korea
• Southeast Asia
• Oceania
• Kyrgyzstan
• Central & South America
• Brazil
• Argentina
• Chile
• Colombia
• Middle East & Africa
• Iran
• Oman
• UAE
• Qatar
• Kuwait
• Saudi Arabia
• South Africa
• Angola
• Nigeria

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Hydrophilic Coatings Market Worth $14.74 Billion By 2025

 

The global Hydrophilic Coatings Market size is expected to reach USD 14.74 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for hydrophilic coatings in medical and automotive application is expected to complement market growth over the forecast period.

The demand for hydrophilic coatings is high in the medical devices and equipment industry as the industry consumes a significant amount of the overall coatings manufactured. The product creates a lubricious surface resulting in the reduction of medical device stiction, thereby aiding the device positioning by reducing the risk of infection. As a result, the demand for the product is expected to grow significantly over the forecast period.

The surface wettability of materials plays a key role in ensuring the safety and comfort of the drivers, irrespective of the weather conditions. As a result, the hydrophilic coatings are applied on the windshields and mirrors of the vehicles. In addition, the coating generates a good water run-off which enables its use in the evaporators of automotive systems, driving its demand in the automotive industry.

The hydrophilic coating market is highly competitive on account of low product differentiation. The major players in the market including Biocoat Inc., Aculon Inc., Harland Medical Systems Inc., and Surmodics Incorporated are constantly undergoing strategic alliances and diverse product innovations to gain market share.

Related Press Release @ Hydrophilic Coatings Market Report

Hydrophilic Coatings Market Report Highlights

• Polymer substrate accounted for 34.7% of the revenue share as polymers are characterized by low cost, versatility, high durability, lightweight, portable and its flexibility, resulting in freedom of design
• The demand for the coatings for glass substrate was valued at USD 1,665.5 million in 2015 owing to the use of hydrophilic coated glass for eyeglasses, mirrors, optical lenses, and on instruments in humid environments
• The demand for the product in the aerospace industry is expected to grow at a CAGR of 4.6% as the coatings are applied in the aerospace industry on several types of aircraft in order to create a smooth outer surface and ensure additional protection
• The demand in Asia Pacific is expected to grow at a CAGR of 6.2% owing to the increasing automotive production in the region coupled with the utilization of advanced medical devices and equipment in developing economies including China and India
• The companies operate in multiple locations with their manufacturing facilities and distribution carried out through several sales locations across the regions of operation coupled with third party distribution agencies augmenting the sales network

Recent Developments

• In April 2022, Harland Medical Systems, Inc., a leader in medical device coatings industry, globally announced the launch of the CTS1100 Coating Thickness Testing System. The CTS1100 is a groundbreaking testing technology that enables medical device makers to precisely and conveniently quantify the coating thickness of their products.
• In April 2022, Biocoat, Inc. announced its business expansion in the development, design, and delivery of hydrophilic dip coating equipment. The EMERSE equipment line from Biocoat is available to businesses that need an in-house dip coating system to complete the production of their medical devices.

 

Hydrophilic Coatings Market Segmentation

Grand View Research has segmented the hydrophilic coatings market on the basis of substrate, application, and region:

Hydrophilic Coatings Substrate Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Polymers
• Glass
• Metal
• Nanoparticles
• Others

Hydrophilic Coatings Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Aerospace
• Automotive
• Marine
• Medical devices & equipment
• Optical
• Others

Hydrophilic Coatings Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• North America
• The U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

 About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

 

Recycled Base Oil Market Size is Predicted to Witness 5.0% CAGR till 2030

 

The global Recycled Base Oil Market size is expected to reach USD 1.27 billion by 2030, as per the new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.0% from 2023 to 2030. The growth is majorly driven by the increasing demand for sustainable and eco-friendly products. Recycling helps to protect the environment by reducing the amount of waste oil that is generated and prevents the pollution caused by improper disposal.

Recycled base oil is produced from the recycling of used engine oils through various distillation and refining processes. This high-quality product is utilized for lubrication in industrial processes as well as automotive and marine engines. Numerous techniques are employed to produce the product, including vacuum distillation and clay treatment. The most significant advantage of using the product is the positive impact it has on the environment. By minimizing waste and reducing carbon footprint, the product is considered a sustainable and eco-friendly alternative to virgin oil.

The major factors driving the market growth include the rise in investments in research and development of the re-refining process, improvement in the quality of recycled base oil, and increasing awareness about the importance of sustainability and eco-friendly practices. In addition, governments and environmental agencies have introduced mandatory norms on industries to reduce their environmental footprint and adopt sustainable practices, which is increasing the adoption of the product over the period.

Related Press Release@ Recycled Base Oil Market Report

Recycled Base Oil Market Report Highlights

• The market is estimated to advance with a CAGR of 5.0% from 2023 to 2030. This is attributed to the increasing demand from automotive, industrial, marine, and other industries

• Based on the type, the low-viscosity segment dominated the market in 2022 with a revenue share of over 40%. This growth is attributed to the increase in demand for passenger cars requiring low-viscosity engine oils and other lubricants in automobiles

• In terms of application, the industrial oil segment is anticipated to witness the fastest CAGR of 5.4% over the forecast period. This is attributed to the worldwide growth of the automotive industry. For instance, according to the Indian Brand Equity Foundation, the Indian passenger car market accounted for USD 32.70 billion in 2021 and is anticipated to witness a CAGR of 9% until the year 2027
• In terms of region, Asia Pacific emerged as the fastest-growing region with a revenue share of over 27% in 2022. This growth is attributed to the growing adoption of environment-friendly alternatives for base oil in automotive and industrial applications

List of Key Players in the Recycled Base Oil Market

• Valvoline LLC
• NexLube
• VISION OILS
• Gulf Basin Petroleum Recycling Co.
• Terrapure BR Ltd.
• Hering VPT
• SHARAFCO OIL REFINERY & IND CO L.L.C
• Rahaoil, Inc.
• BENZOIL

Recycled Base Oil Market Segmentation

Grand View Research has segmented the global recycled base oil market based on type, application, and region:

Recycled Base Oil Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• High Viscosity Recycled Base Oil
• Medium Viscosity Recycled Base Oil
• Low Viscosity Recycled Base Oil

Recycled Base Oil Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automotive Oil
• Industrial Oil
• Metalworking Fluids
• Other Applications

Recycled Base Oil Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• South Korea
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• South Africa

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com