Silane Market is Projected To Reach A Revised Size of USD 1746.4 Million By 2028, Growing At A CAGR of 3.2% | Valuates Reports
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Vendredi, janvier 6, 2023
Semiconductor, Electronics, Trichlorosilane, COVID-19, Glass, Urbanization, Application, USD, Growth, Type, Semiconductor industry in Taiwan, Solar energy, DCS, Binary silicon-hydrogen compounds, Silicon, Carbon, Paper, TCS, Quartz, Transformer, Renewable energy, Consumer electronics, Silane, Display device, Disilane, Photovoltaics
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global Silane market estimated at USD 1445.6 million in the year 2022, is projected to reach a revised size of USD 1746.4 million by 2028, growing at a CAGR of 3.2% during the forecast period 2022-2028.
Key Points:
- Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global Silane market estimated at USD 1445.6 million in the year 2022, is projected to reach a revised size of USD 1746.4 million by 2028, growing at a CAGR of 3.2% during the forecast period 2022-2028.
- One of the primary factors favorably influencing the Silane market is rapid urbanization, which is coupled with the rising demand for consumer electronics.
- It can be linked to the widespread use of silane in the production of semiconductors and the insulation of low-voltage cables in electronic equipment.
- For the manufacture of elemental silicon in the photovoltaic and semiconductor industries, silane (SiH4) is a crucial precursor.