Silicon Monoxide Market is estimated to be US$ 259.63 billion by 2030 with a CAGR of 11.50% during the forecast period prophecymarketinsights.com
Global Silicon Monoxide Market accounted for US$ 87.29 million in 2020 and is estimated to be US$ 259.63 million by 2030 and is anticipated to register a CAGR of 11.5%. Silicon monoxide (SiO) is highly insoluble and thermally stable source of silicon. Silicon is stable at room temperature, but at 400°C X-Ray readings show traces of oxidation and reduction of products. The stability and insolubility of this compound make them useful for preparation of different types of ceramic structures and glass structures for a simple application of producing clay bowls to light weight structural components in aerospace. Silicon monoxides are available in powder, pellets, sputtering targets, pieces, tablets, and Nano-powder.
The report “Global Silicon Monoxide Market, By Product ((3N)99.9%, (4N)99.99%, and Others), By Application (Coating Applications, Anode Material Application, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030”
Key Highlights:
In November 2020, Cabot Corporation announced the launch of PLASBLAK XP6801D black masterbatch, which is a unique Styrene Acrylonitrile (SAN)-based formulation that meets the needs of the styrenics market without the usual trade-off between color and mechanical properties.
Analyst View:
The silicon monoxide is used in the electric industries as thin film capacitors, hybrid circuits, semiconductor components which is further rising the target market. In addition, it is also used in the automobiles industry as it benefits as the lubricants in cars, for external coating of the cars and also in air bag materials which ensures optimal performance of the car which acts as a fuel for the growth of the global silicon monoxide market. The global silicon monoxide market is expected to be innovation-led as the key players are adopting new strategies to increase the presence of their industry.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Silicon Monoxide Market, By Product ((3N)99.9%, (4N)99.99%, and Others), By Application (Coating Applications, Anode Material Application, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Trends, Analysis and Forecast till 2030”
To know the upcoming trends and insights prevalent in this market, click the link below:
https://www.prophecymarketinsights.com/market_insight/Global-Silicon-Monoxide-Market-1413
Key Market Insights from the report:
The Global Silicon Monoxide Market accounted for US$ 87.29 million in 2020 and is estimated to be US$ 259.63 million by 2030 and is anticipated to register a CAGR of 11.5%. The global silicon monoxide market on the basis of product, application and region.
By Product Type, the Global Silicon Monoxide Market is segmented into (3N)99.9%, (4N)99.99%, and Others.
By Application, the Global Silicon Monoxide Market is segmented into Coating Applications, Anode Material Application, and Others.
By region, the Global Silicon Monoxide Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Competitive Landscape:
Some of the prominent players operating in the global silicon monoxide market include OSAKA Titanium Technologies, Materion, EMD Performance Materials (Merck), Shin-Etsu Chemical, BTR, Shanshan Group, Jayu Optical Material, Rearth Technology, Taizhou Dongfang Coating Material.
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