Silane Market Size, Share, Growth Analysis, By Product(Alkyl silane, sulphur silane, amino silane, vinyl silane), By Type(Organo-functional silane, mono/chloro silane), By Application(Paints, coatings, adhesives, sealants), By Region - Industry Forecast 2024-2031

Silane Market Driver

Increase in Solar Installation for Power Generation to Boost Market Growth

• Silane is used to make fiberglass, which has a high applicability in the wind sector for blades, due to its anti-corrosive nature and rich mechanical and electrical properties, whereas pure silicon made by silane is used in solar photovoltaic cells. The growing demand for clean sources of energy has increased solar and wind energy installation to increase renewable power generation capacity. For instance, according to American Clean Power Association, in Q1 of 2022, the US-installed 6.62 GW of on-shore wind & solar storage capacity which showed an 11.5% increase from 2020. Furthermore, according to China’s National Energy Administration, in 2021, China’s solar installation capacity reached 53 GW which showed a 10% in installation than 2020. Such an increase in wind and solar installation for generating more power through clean energy sources will accelerate silane usage in the power generation sector for wind turbines and solar cell applications, thereby positively impacting the silane industry's growth.

Silane Market Restraint

Harmful Chemicals Released During Silane Manufacturing to Hamper Market Growth

• VOCs released by silanes during crosslinking are frequently toxic and harmful to both the environment and humans. Amines and acids released by aminosilanes and acetoxysilanes, for example, are severe irritants to the skin, eyes, and mucous membranes, as well as corrosive to metal, stone, or mortar.
• Alcohols, particularly methanol, produced by commercially available alkoxysilanes can cause blurred vision, headache, dizziness, and nausea. Oximes produced by other commonly used oximosilanes, particularly vinyltris (methylethylketoximino) silane, can cause severe eye irritation. Furthermore, all of the silanes mentioned above are disadvantageous because the VOCs released during crosslinking have unpleasant or irritating odors, and sometimes smell extremely bad, causing great discomfort, especially when working in a closed space. As a result, silanes are unable to comply with increasingly stringent environmental regulations, particularly in developed economies such as North America and Europe. Which is expected to be a major detriment to the global silanes market's overall growth.