Growing Demand of Dimethyldichlorosilane Market in the Solar Energy Industry to Reach US$ 2.48 Billion by 2032


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.

chemicals-00462

During the forecast period, the dimethyldichlorosilane market is anticipated to grow at a promising CAGR of 4.8 percent. The global market is expected to generate US$ 1.19 billion in sales in 2022 and US$ 2.48 billion by the end of 2032. Dimethyldichlorosilane reacts with water to give rise to linear as well as cyclic Silicon Oxide chains.

Dimethyldichlorosilane is synthesized on an industrial scale as a precursor to dimethyl silicone and polysilane compounds. The history of Dimethyldichlorosilane dates back to 1863, but the first successful synthesis of Dimethyldichlorosilane took place in 1930.

The Dow Corning Company which was initially conceived as a partnership between General Electric, Corning Glass Works, and Dow Chemical Company demonstrated the first successful synthesis of dimethyldichlorosilane on an industrial scale.

However, the direct process which is used today in the synthesis of dimethyldichlorosilane involves the reaction of elemental silicon with methyl chloride in the presence of a catalyst which is primarily copper. The need for Dimethyldichlorosilane became all the more critical due to the increasing demand for silicones which find application in electric motors and as sealants for aircraft engines.

Another trend that is expected to increase the demand for dimethyldichlorosilane in the coming years is the gaining popularity of green tires. These tires are touted to have a better grip on wet surfaces and also higher rolling resistance.

Drivers and Challenges Impact Market Dynamics, which can Impact Businesses. Find more Insights in a Sample Report! https://www.futuremarketinsights.com/reports/sample/rep-gb-10129

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.

Dimethyldichlorosilane Market: Market Dynamics

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 onto the 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 of the dimethyldichlorosilane market.

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. 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 usage including Dimethyldichlorosilane by various governments across the world.

Contact Sales for Further Assistance in Purchasing this Report@
https://www.futuremarketinsights.com/checkout/10129

Dimethyldichlorosilane: Key Market Participants

Some of the key market participants in the global Dimethyldichlorosilane are:

  • Sigma-Aldrich, Inc.
  • Gelest, Inc.
  • Dow Corning
  • Evonik Industries
  • Wacker Chemie AG
  • SynQuest Labs, Inc.
  • Hoshine Silicon Industry Co. Ltd.
  • DeWolf Chemical
  • Silar
  • Qufu Wanda Chemical Industry Co. Ltd.
  • Cabot Corporation
  • Avantor, Inc.
  • Toronto Research Chemicals

Dimethyldilorosilane Market: Market Segmentation

The global dimethyldichlorosilane market can be segmented on the basis of sales channel, and application.

On the basis of grade, the global dimethyldichlorosilane market is segmented into:

  • Upto 98% Purity
  • 99% Purity

On the basis of application, the global dimethyldichlorosilane market is segmented into:

  • Silicone Rubber
  • Silicone Sealants
  • Paints & Coatings
  • Printing Inks & Toners
  • Cable Compounds & Gels
  • Adhesives
  • Others

Expand Operations in the Future – To Get Requisite Details, Ask for a Custom Report@ https://www.futuremarketinsights.com/customization-available/rep-gb-10129

Dimethyldichlorosilane Market: Regional Outlook

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 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.

About Future Market Insights Inc.

Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.

Contact Information

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware
19713
USA
Phone : +1-845-579-5705
View website

Published in

Business , Marketing

Published on

Jun 20, 2023

Social Links