The dimethyldichlorosilane market is expected to expand its roots at a promising CAGR of 4.8% during the forecast period. The global market holds an estimated revenue of USD 1.19 Billion in 2022 and is likely to cross USD 2.48 Billion by the end of 2032.
Attributes | Details |
---|---|
CAGR (2022 to 2032) | 8.5% |
Value (2022) | USD 1.19 Billion |
Value (2032) | USD 2.48 Billion |
Dimethyldichlorosilane (Si(CH3)2Cl2) is a tetrahedral organo-silicon compound that is a colorless liquid at room temperature and it reacts with water to provide a jump to linear and cyclic silicon oxide chains. It is synthesized on an industrial scale and it works as a precursor to dimethyl silicone, and polysilane compounds, directly processing and synthesizing the dimethyldichlorosilane.
Demand for dimethyldichlorosilane is increasing due to the rising demand for silicon that works as a sealant for aircraft and electric motors. The sales of dimethyldichlorosilane go up as the green tires gain popularity in the global market because of the better grip on wet surfaces and hold better rolling resistance.
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The increasing construction activity and the requirement for aesthetically pleasing corporate buildings require the use of large volumes of glass. In order to prevent the adsorption of micro-particles on glass, dimethyldichlorosilane coating is applied to glass.
Given the high-volume requirement of glass used in a multitude of industries such as automobiles, buildings, as well as souvenirs, the dimethyldichlorosilane market is expected to witness growth in the coming future. In addition, the use of dimethyldichlorosilane as sealants for electric motors and aircraft engines is also expected to aid the growth in the demand for dimethyldichlorosilane.
Further, the growing concern regarding automotive pollution as well as fast-depleting fossil fuel reserves is one of the common pain points which is expected to encourage automobile manufacturers to switch to green tires in their automobiles. This is likely to boost the market for dimethyldichlorosilane as dimethyldichlorosilane is the primary raw material used for the manufacture of green tires, fueling the sales of dimethyldichlorosilane.
One of the major deterrents which are adversely impacting the growth of the dimethyldichlorosilane market is the high cost of raw materials/chemicals required for the industrial-scale synthesis of dimethyldichlorosilane.
This increase in raw material costs is a result of fluctuating exchange rates and also environmental protection measures due to which regulation and restriction of chemicals used, including dimethyldichlorosilane by various governments across the world. This pushes the demand for dimethyldichlorosilane.
On the regional front, Asia Pacific is the most dominant market for dimethyldichlorosilane. The demand for dimethyldichlorosilane is primarily from the Indian and Chinese markets. The demand for dimethyldichlorosilane is induced by the fact that there are no stringent regulations for the production and storage of the compound.
Further, the huge market demand for dimethyldichlorosilane by the end users is also stimulating the growth of the market. One of the major factors which are fueling the growth of the market in the Asia Pacific is the booming construction industry and the migration of multinational conglomerates from western nations to Asian countries owing to cheap labor costs.
Europe is the second most dominant market for dimethyldichlorosilane products due to the presence of a large number of automotive manufacturers in the region.
The key players in the Dimethyldichlorosilane market are focusing on variety, price ranges, and quality of additives. This fuels the sales of Dimethyldichlorosilane.
Key players in the dimethyldichlorosilane market include Sigma-Aldrich Inc, Gelest Inc, Dow Corning, Evonik Industries, Wacker Chemie AG, SynQuest Labs Inc, Hoshino Silicon Industry Co. Ltd, DeWolf Chemical, Silar, Qufu Wanda Chemical Industry Co. Ld, Cabot Corporation, Avantor Inc and Toronto Research Chemicals
Recent Market Development:
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 8.5% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD Million, volume in kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments Covered | Grade, Application, Region |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom., France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), Iran, South Africa |
Key companies profiled | Sigma-Aldrich Inc; Gelest Inc; Dow Corning; Evonik Industries; Wacker Chemie AG; SynQuest Labs Inc; Hoshino Silicon Industry Co. Ltd; DeWolf Chemical; Silar; Qufu Wanda Chemical Industry Co. Ltd; Cabot Corporation; Avantor Inc and Toronto Research Chemicals |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
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Asia Pacific is the biggest market in the dimethyldichlorosilane market and will be helpful in increasing the dimethyldichlorosilane market size. The factors that lead to high growth through this region are increased use of it in multiple industries including the green tire industry and new electric motor facilities opening up as these countries are growing their industry rapidly. This leads to the high demand for dimethyldichlorosilane in developed countries like China and India.
Key competitors holding substantial dimethyldichlorosilane market share include Sigma-Aldrich Inc, Gelest Inc, Dow Corning, Evonik Industries, Wacker Chemie AG, SynQuest Labs Inc, Hoshino Silicon Industry Co. Ltd, DeWolf Chemical, Silar, Qufu Wanda Chemical Industry Co. Ld, Cabot Corporation, Avantor Inc and Toronto Research Chemicals.
Demand for dimethyldichlorosilane is likely to increase with the high demand from the electric motor and tire industry driving the sales of dimethyldichlorosilane.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Purity 5.1. Below 99% 5.2. Above 99% 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. Precursor 6.2. Organic Synthesis 6.3. Building Blocks 6.4. Adhesives & Sealants 6.5. Others 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 7.1. Pharmaceuticals 7.2. Silicone Rubber 7.3. Paints & Coatings 7.4. Building and Construction 7.5. Automotive and Aerospace 7.6. Other Industrial 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia & Pacific 8.6. Middle East and Africa 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Evonik Industries AG 17.2. CAMEO Chemicals 17.3. Wacker Chemie AG 17.4. SynQuest Laboratories 17.5. Dow Chemical Company 17.6. Hoshine Silicon Industry Co Ltd 17.7. Silar 17.8. Cabot Corporation 17.9. VWR International, LLC 17.10. TCI Chemicals 17.11. Qufu Wanda Chemical 18. Assumptions & Acronyms Used 19. Research Methodology
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