Global Silicon Monoxide Market Overview
Introduction:
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.
Global Silicon Monoxide Market Dynamics
High deposition rate
Silicon monoxide is a needed material due to its high deposition rate and ease of evaporation using low cost resistance heat coating system which is the major factor driving the growth of global silicon monoxide market. Similarly, increasing demand for anode based silicon material for the lithium-ion batteries also have been recognized as a driving force for the target market as silicon has more capacity comparatively. For instance, National Minerals Information Center 2018, global lithium production in 2018 increased by 23% to 85,000 tons of lithium from 69,000 tons of lithium in 2017 mainly due to increased lithium demand for battery applications. Further, the environmental and thermal stability of silicon gives it another application for producing different types of silicon based products.
Increasing industrialization
Moreover, the global silicon monoxide market is also growing with increasing industrialization and urbanization in the growing economies. Additionally, 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. For instance, according to the International Organization of Motor Vehicle Manufactures production statistics 2018, there were total 956,34,593 vehicles produced worldwide in the year of 2018. The leading companies have an advantage as there are more abundant types of products with better performance, and also they provide high standards technical assistance and after sales service due to which the target market is flourishing globally. 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.
Reducing price
Moreover, the trend of reducing price of the raw material in the recent years will maintain the market as the price gap between the different brands will go on reducing. The major opportunities for the industrialist in the global silicon monoxide market are optimization of the product mix facility and further development of value added capabilities to maximize the production.
Global Silicon Monoxide Market Segmentation
The silicon monoxide market on the basis of product, application and region.
On the basis of product, the target market is divided as (3N)99.9%, (4N)99.99% and others. On the basis of application, our market is divided as coating applications, anode material application and others. On the basis of region, the global silicon monoxide market is classified as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Regional Insights:
For detailed understanding of market dynamics, the silicon monoxide market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global silicon monoxide market. In 2018, Latin America market is expected to have a lucrative growth in terms of revenue followed by other regions. This is due to a growing demand for automobiles among individuals. Europe has the second largest market for silicon monoxide as there is a presence of well-developed automotive sector in Europe, shows significant growth for the global silicon monoxide market.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Product- (3N) 99.99%, (4N) 99.99% and Others By Application- Coating Application, Anode Material Application and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Silicon Monoxide Market, By Product:
- (3N)99.9%
- (4N)99.99%
- Others
Silicon Monoxide Market, By Application:
- Coating Applications
- Anode Material Application
- Others
Silicon Monoxide Market, By Region:
- North America
- North America Silicon Monoxide Market, By Product
- North America Silicon Monoxide Market, By Application
- North America Silicon Monoxide Market, By Country
- S.
- Canada
- Europe
- Europe Silicon Monoxide Market, By Product
- Europe Silicon Monoxide Market, By Application
- Europe Silicon Monoxide Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Silicon Monoxide Market, By Product
- Asia Pacific Silicon Monoxide Market, By Application
- Asia Pacific Silicon Monoxide Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Silicon Monoxide Market, By Product
- Latin America Silicon Monoxide Market, By Application
- Latin America Silicon Monoxide Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Silicon Monoxide Market, By Product
- Middle East & Africa Silicon Monoxide Market, By Application
- Middle East & Africa Silicon Monoxide Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Silicon Monoxide Market Key Players
Some of the prominent players operating in the 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. Technological advancements in the product launches, and strategic partnerships are some trends witnessed in the global silicon monoxide market. For instance, in May 2017, Shin-Etsu Chemical developed highly functional new coloring pigments which was for cosmetics applications which was used widely due to its unique silicone surface treatment agent. Further, in November 2017, Materion and Plug and Play collaborated to explore exciting new opportunities in advanced materials innovation.
Global Silicon Monoxide Market Company Profile
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- OSAKA Titanium Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Materion
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- EMD Performance Materials (Merck)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Shin-Etsu Chemical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- BTR
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Shanshan Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Jayu Optical Material
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Rearth Technology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Taizhou Dongfang Coating Material
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- OSAKA Titanium Technologies
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Global Silicon Monoxide Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Silicon Monoxide Strategies
- Key Questions this Study will Answer
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Product Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- (3N) 99.99%
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- (4N) 99.99%
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Coating Application
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Anode Material Application
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
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- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- OSAKA Titanium Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Materion
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- EMD Performance Materials (Merck)
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Shin-Etsu Chemical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- BTR
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Shanshan Group
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Jayu Optical Material
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Rearth Technology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Taizhou Dongfang Coating Material
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- OSAKA Titanium Technologies
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global silicon monoxide market on the basis of product, application and region.
Silicon monoxide is a needed material due to its high deposition rate and ease of evaporation using low cost resistance heat coating system which is the major factor driving the growth of global silicon monoxide market.
Latin America is expected to account for major market share as compared to that of other regions in the near future.
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.