Monosilane Market Size, Share, Growth Analysis, By Grade(Electronic, Industrial, Others), By Application(Rubber & Plastic, Fiber treatment, Adhesives & Sealants, Paints & Coatings), By Region - Industry Forecast 2024-2031

In 2021, Asia Pacific dominated the monosilane market. This growth is attributable to the region's growing demand for plastic compounds and rubber substrates in the automotive, industrial machinery, construction, packaging, and electrical & electronics sectors, as well as the expansion of the manufacturing sector in nations like India, China, Japan, and India. There is a high demand for products in the region as a result of the existence of significant chemical manufacturers like Sinopec, MSC Malaysia, and SINOPEC CHINA UNIChemicals. Due to its extensive silicone manufacturing capacity and expanding demand from a variety of end-use sectors, including paints & coatings, rubber and plastic, adhesives & sealants, among others, China is one of the world's top manufacturers and consumers of monosilane. Europe, which had a share of over 30% in 2019 due to increased silicone consumption across numerous end-use applications, including adhesives, positioned itself second to Asia Pacific.

The market in North America is also significant markets for monosilane. The United States is a major consumer of monosilane, driven by the presence of major semiconductor companies such as Intel, AMD, and Qualcomm. Europe is also a major market for monosilane, with countries such as Germany and the Netherlands being significant producers of semiconductors