Silane and Silicone Market to Reach $22.03 Bn, Globally, by 2025 at 5.4% CAGR

Allied Market Research - Seite 2

Medical to remain dominant throughout the forecast period

By end-user, medical industry contributed to nearly one-fifth of the total market. As an excellent adhesion promoter, silane has found wide application in medical industry. Silane coupling agent is used in dental restorative materials and that's how it has become one of the prime components utilized in dental treatments. Silicones has properties like hydrophobicity, thermal stability and chemical resistance that had led to escalate the demand of silicone in the industry. Especially, for manufacturing of heart pumps, defibrillators, suture sleeves, and over molded surgical blades, silicones are widely in use.

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Key market players

Key market players highlighted in the research are BASF SE, Kaneka Corporation., Evonik Industries, ICM Products Inc., DowDupont, Emerald Performance Materials, Wacker Chemie AG, MPM Holdings Inc., ICM Products Inc., China National Bluestar (Group) Co, Ltd., and Shin-Etsu Chemical Co., Ltd. Their strategic and tactical outlook towards the market has helped them maintain their top status.

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