San Francisco, California, July 28, 2017: A recent report by TMR Research presents a thorough analytic account of the global methyltriethoxysilane (MTES) market. The report, titled “Methyltriethoxysilane (MTES) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017–2025,” states that the steady rise in demand for the compound from the polymer industry will help the market gain traction in the next few years.
Other prominent uses of methyltriethoxysilane are found as sealants and insulators in the construction industry, sealant for caulking, and semiconductor for electronics. Steady demand for the material across these industries is also expected to drive the global methyltriethoxysilane market in the next few years.
However, the easy availability of several substitutes and concerns related of the toxicity of the chemical could negatively affect the growth prospects of the market to some extent. Nevertheless, the applications of methyltriethoxysilane in the polymer and electronics industries could lead to the steady improvement in the market’s prospective growth opportunities over the years.
In terms of geography, the report covers the detailed analysis of the methyltriethoxysilane market in regions such as North America, Europe, Latin America, Asia Pacific, and Middle East and Africa. Of these, the Asia Pacific market has been one of the most promising regional markets for methyltriethoxysilane over the past few years. Applications of the chemical across the thriving electronics, construction, and polymer in the region have led to its healthy uptake. Industrial economies in the region, namely India, China, South Korea, Japan, Taiwan, Singapore, and Thailand are the key consumers of methyltriethoxysilane for the manufacture of a variety of coating materials and plastics.
India and China, the region’s leading emerging economies, are considered highly optimistic markets for methyltriethoxysilane owing to the rapidly expanding polymer industry, and are key to the overall development of the Asia Pacific methyltriethoxysilane market. Availability of cheap labor and land and relatively lenient regulatory norms as compared to several developed nations against chemicals.
The demand for methyltriethoxysilane is also high in North America owing to the chemical’s vast usage in the plastics, construction, and chemical sectors, making North America a leading regional market for methyltriethoxysilane. In the next few years, the market for methyltriethoxysilane in South Africa, Brazil, and Middle East is also expected to expand at a steady pace.
The report presents a detailed overview of the competitive landscape of the global methyltriethoxysilane market, profiling some of the leading vendors operating in it. Some of the key contributors to the overall development of the global methyltriethoxysilane market are BRB International BV, Alfa Aesar (Johnson Matthey Group Company), Wynca Chemicals AG, and Asia Silicones Association Ltd.