Global Silicon Tetrahydride Market Overview:
Silicon Tetrahydride is also known as Monosilane, Silane, or Silicane Hydride. It is a colorless, flammable and poisonous gas, with a strong repulsive odor. It is easily ignitable in air, reacts with oxidizing agents, and is very toxic by inhalation. It is a strong irritant to skin, eyes, and mucous membranes. Silicon tetrahydride is lighter than air. Under prolonged exposure to fire or heat the containers may rupture violently and rocket. It is used in the production of amorphous silicon. Some of the key players profiled in the study are WD Silicone Company Limited (China), Evonik Industries (Germany), Dow Corning Corporation (United States), Momentive Performance Materials Holdings LLC (United States), Shin-Etsu Chemical Company Ltd. (Japan), Wacker Chemie AG (Germany), Gelest, Inc. (United States), Nitrochemie Aschau GmbH (Germany), Jingzhou Jianghan Fine Chemical Co. Ltd. (China), Nanjing Shuguang Chemical Group Co. Ltd. (China) and China National Bluestar (Group) Co. Ltd. (China). According to Market Analyst at AMA, the Global Silicon Tetrahydride market may see a growth rate of 4.45% and would reach the market size of USD2470.72 Million by 2024.
On the basis of geography, the market of Silicon Tetrahydride has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Production Process, the sub-segment i.e. Commercial-scale routes will boost the Silicon Tetrahydride market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Use for Doping Of Solid-State Devices in Electronic Industry
- Growing Automobile & Construction Industries
- Rapidly Expanding Economies In Asia-Pacific Region
- Dangerous fire risk and ignites spontaneously in air
- Growing Demand For Environment-Friendly Packaging Materials
- Emerging Applications the in Pharmaceutical and Cosmetics Industries
- Rising Demand For Water-Based Coating Formulation
Major Market Developments:
In January 2017, Evonik Industries acquired the specialty additives business (Performance Materials Division) of Air Products, Inc., a U.S. based company. The acquisition amounted to USD 3.8 billion. The Air Products Performance Materials business was merged with Evonik Industries.
In October 2016, Gelest Inc. launched a new product SIVATETM A200, activated acrylate functional silane. This product was developed to use as a primer for fiber optic cladding, a coupling agent for light-cure acrylic nanocomposites, or as an adhesion promoter for high-speed UV acrylated urethane cure systems. Compared to conventional silicone tetrahydride, SIVATE A200 offers Radcure in UV, EB and Visible Light that reacts at high speed with a greater variety of substrates. It does not require moisture to initiate surface reactivity and inhibits moisture-initiated crack propagation on vitreous surfaces.
In Silicone Tetrahydride Market, it has been observed that most of the companies are upgrading or introducing innovative products to enhance their product portfolio. Furthermore, the players in the market are adopting strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Raw Material Suppliers, Silicone Tetrahydride Manufacturers, End-User Industries and Industry Associations
Major Objectives Focused through this Study
To define, describe, and forecast the Global Silicon Tetrahydride market on the basis of product [Functional Silicon Tetrahydride and Mono/Chloro Silicon Tetrahydride] , application [Semiconductor Industry, Rubber & Plastics, Fiber Processing, Adhesives & Sealants and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Silicon Tetrahydride market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Silicon Tetrahydride industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Power Chemical Corporation (United States), Kettlitz Chemie GmbH & Co. KG (Germany) and Neochema GmbH(Germany).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Silicon Tetrahydride market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.