During the forecast period, the dimethyldichlorosilane market is expected to grow at a promising CAGR of 4.8%. The global market is expected to generate $1.19 billion in revenue in 2022 and will likely exceed $2.48 billion by the end of 2032.
When dimethyldichlorosilane interacts with water, it produces both linear and cyclic Silicon Oxide chains. On a large scale, dimethyldichlorosilane is manufactured as a precursor to dimethyl silicone and polysilane compounds. Although the history of Dimethyldichlorosilane dates back to 1863, the first effective synthesis occurred in 1930. The Dow Corning Company, which began as a collaboration between General Electric, Corning Glass Works, and Dow Chemical Company, demonstrated the first practical industrial-scale production of dimethyldichlorosilane.
The direct technique utilized nowadays in the production of dimethyldichlorosilane, on the other hand, includes the interaction of elemental silicon with methyl chloride in the presence of a copper-based catalyst.
The increased need for silcones, which are used in electric motors and as sealants in aircraft engines, heightened the demand for Dimethyldichlorosilane. The growing popularity of green tyres is another trend that is predicted to raise demand for dimethyldichlorosilane in the coming years. These tyres are said to have improved wet-surface traction as well as higher rolling resistance.
One of the major pain points that is likely to push automobile makers to transition to green tires in their vehicles is the growing worry about automotive pollution as well as rapidly decreasing fossil fuel supplies. This is projected to raise the market for dimethyldichlorosilane, which is the key raw ingredient used in the production of green tires.
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Dimethyldichlorosilane Market: Market Dynamics
The increasing construction activity and the requirement of aesthetically pleasing corporate buildings requires the use of large volumes of glass. In order to prevent the adsorption of micro-particles on glass, dimethyldichlorosilane coating is applied onto 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 are one of the common pain points which is expected to encourage automobile manufacturers 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 is 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 the 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.
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 is 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 the presence of a large number of automotive manufacturers in the region.
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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
The Dimethyldichlorosilane market research report presents a comprehensive assessment of the Dimethyldichlorosilane market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Dimethyldichlorosilane market research report provides analysis and information according to market segments such as geographies, end use operation and application.
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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
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