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 and doping of solid-state devices as well as a source of hyper pure silicon for semiconductors. The silicon tetrahydride has low acute toxicity by inhalation and can cause irritation in the skin, eyes, and mucous membranes. Nevertheless, the growing use of silicon tetrahydride in automobile & construction industries is boosting the market growth. According to AMA, the Global Silicon Tetrahydride market is expected to see growth rate of 4.45% and may see market size of USD2470.72 Million by 2024.
- 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
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.
Some of the key players profiled in the report 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). Additionally, following companies can also be profiled that are part of our coverage like Power Chemical Corporation (United States), Kettlitz Chemie GmbH & Co. KG (Germany) and Neochema GmbH (Germany). Analyst at AdvanceMarketAnalytics see United States, Germany, and China Vendors to retain maximum share of Global Silicon Tetrahydride market by 2024. Considering Market by Production Process, the sub-segment i.e. Commercial-scale routes will boost the Silicon Tetrahydride market.
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.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Silicon Tetrahydride market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Silicon Tetrahydride market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw Material Suppliers, Silicone Tetrahydride Manufacturers, End-User Industries, Industry Associations, New Entrants/Investors, Analysts and Strategic Business Planners and Dealers, Suppliers, Traders, and Distributors of Silicone Tetrahydride.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.