19-Mar-2020 | Facts and Factors
Findings from Facts and Factors report “Silicon-Based Synthetic Reagents Market By Application (Personal Care, Medical Materials, Microelectronics, Pharmaceuticals, Polymeric Material, and Separation Science), By Product (Silanes & Silicon Compounds, Silicones, Metal Organics, Germanium Compounds, Tin Compounds, Performance Products (Elastomers & Encapsulants), Antimicrobials, Specialty Polyethers & Olefins, Gases, Substrates, Treated Micro Particles): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Silicon-Based Synthetic Reagents market in 2019 was approximately USD 72 Million. The market is expected to grow at a CAGR of 5.5% and is anticipated to reach around USD 105 Million by 2026.
Silicon-based synthetic reagents are the most common type of reagents which are widely used in the chemical synthesis. These are usually preferred for the functional group transformation. Classical and innovative types of silicon-based synthetic reagents are available in the global market to serve the ever-changing wants of end-use industries. In the field of chemistry and biochemistry, these reagents are playing a crucial role and the chemical industries are inclined towards the high volume consumption of these products. Moreover, the evolving supply chain and increasing investment in the AI-powered inventory control and supply management are estimated to boost demand-supply equilibrium in the industry.
Browse the full “Silicon-Based Synthetic Reagents Market By Application (Personal Care, Medical Materials, Microelectronics, Pharmaceuticals, Polymeric Material, and Separation Science), By Product (Silanes & Silicon Compounds, Silicones, Metal Organics, Germanium Compounds, Tin Compounds, Performance Products (Elastomers & Encapsulants), Antimicrobials, Specialty Polyethers & Olefins, Gases, Substrates, Treated Micro Particles): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/silicon-based-synthetic-reagents-market-by-application-personal-827
The demand growth of the silicon-based synthetic reagents is mainly due to the high consumption across application industries. Industry-specific product offerings are driving revenue growth in the industry. Additionally, key manufactures are employing breakthrough technologies and equipment to attain the increasing demand from end-use sectors. However, complex manufacturing process and the numerous trials involved in the development of small molecules is estimated to exhibit certain challenges for the industry development in the coming years.
By application, the global silicon-based synthetic reagents market is categorized as personal care, medical materials, microelectronics, pharmaceuticals, polymeric material, and separation science. The microelectronics segment registered a maximum revenue share in 2018. The segment is expected to propagate at a CAGR of 5.00% during the market forecast. The increasing preference for alternative reactions in the synthesis and transformation of functional groups is driving the market demand of silicon-based synthetic reagents. The development of cross-coupling reactions with the expansion of cross-coupling chemistry is predicted to offer significant market opportunities.
By product, the global silicon-based synthetic reagents market is categorized as Silanes & Silicon Compounds, Silicones, Metal-Organics, Germanium Compounds, Tin Compounds, Performance Products (Elastomers & Encapsulants), Antimicrobials, Specialty Polyethers & Olefins, Gases, Substrates, Treated Micro Particles. Silanes & silicon compounds segment recorded a maximum revenue share in 2018. The segment is predicted to propagate at a CAGR of 5.00% during the market forecast. The rising application of silicon and silane compounds in commercial quantities and research activities is driving the growth of this segment. These compounds are also used to derivatize, protect, and synthesize functional groups during organic synthesis. The common applications of silane and silicon compounds include diagnostic sciences, advanced ceramics, conductive coatings, adhesives & sealants, optical materials, alternative energy, photolithography, microelectronics, and surface modification of micro-particle.
The major regions identified while segmenting the global market based on geography include Asia Pacific, Middle East & Africa, Latin America, North America, and Europe. Among the above geographical segments, the U.S. market recorded significant revenue share in the entire silicon-based synthetic reagents market followed by the Asia Pacific and Europe. The U.S. market growth is endorsed primarily to the robust industrial base and R&D activities. Moreover, the end-use industries are anticipated to register strong growth in the Asia Pacific region during 2019-2026. Fast industrialization and technology investment is projected to enhance the penetration of international players in the Asian market. The major countries contributing to the overall industry growth in the region include India, China, Taiwan, and Japan.
Key industry giants studied in the research report include Gelest, Inc, TCI Chemicals, ANGUS, Sigma-Aldrich, and Santa Cruz Biotechnology. The major manufacturers are focused on accurate demand estimation and industry-specific product launches. The innovative and strategic manufacturing facilities are established by the key companies to boost production capacity.
This report segments the Silicon-Based Synthetic Reagents market as follows:
Global Silicon-Based Synthetic Reagents Market: By Application Segmentation Analysis
- Personal Care
- Medical Materials
- Polymeric Material
- Separation Science
Global Silicon-Based Synthetic Reagents Market: By Product Segmentation Analysis
- Silanes & Silicon Compounds
- Metal Organics
- Germanium Compounds
- Tin Compounds
- Performance Products (Elastomers & Encapsulants)
- Specialty Polyethers & Olefins
- Substrates Treated Micro Particles
Global Silicon-Based Synthetic Reagents Market: Regional Segmentation Analysis
- North America
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
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