1. Global market
From the perspective of global market supply, according to SAGSI data, the global functional silane production capacity will reach 897,000 tons in 2021, the output will be 534,100 tons, and the industry operating rate will be 59.54%. In recent years, the functional silane industry capacity and output have continued to grow. The operating rate continued to decrease, mainly due to factors such as cost pressure, industrial support, and environmental protection supervision. Global functional silane production is expected to reach 703,200 tons in 2026.

The global functional silane has a market size of tens of billions. According to the Markets and Markets report, driven by the demand in composite materials, surface treatment and other fields, the global market size of functional silane is expected to increase from 1.33 billion US dollars in 2015 to 18.3 billion in 2021. The compound annual growth rate from 2015 to 2021 is about 5.5%.

Functional silanes are mainly used in rubber processing, composite materials, adhesives, plastic processing, coatings and surface treatment. Rubber processing is the largest downstream application of functional silanes. According to statistics, in 2021, the global market of functional silanes will account for 34% of the downstream application of rubber processing.

2. Chinese market
China has become the world's largest producer and exporter of functional silanes. According to SAGSI statistics, China will have more than 40 functional silane manufacturers in 2021, with a total production capacity of about 557,600 tons and an output of about 322,600 tons; the global market capacity and output in China will account for 72.9% and 67.5% of the world, respectively. It is estimated that the annual production capacity and output of functional silanes in China will reach 901,000 tons and 560,000 tons respectively in 2026, accounting for about 81.3% and 79.6% of the global total capacity and output.

From the perspective of output structure, compared with silane coupling agent, the amount and output of silane crosslinking agent are smaller. According to SAGSI statistics, the total output of various silane coupling agents in China will account for 72.3% in 2021, of which the output of sulfur-containing silane, vinyl silane, amino silane, epoxy silane and acryloxy silane will account for 28.4% respectively. %, 10.7%, 8.5%, 8.3%, 8.2%; while the output of silane crosslinking agent accounts for only about 27.7%.

From the perspective of demand, China, as the main consumer of functional silane in the world, is one of the regions with the fastest growth in demand: the consumption of functional silane in China has rapidly increased from 84,500 tons in 2011 to 218,900 tons in 2021. , with an average annual compound growth rate of 11.2%.