Silane gas is a colorless gas that reacts with air and causes suffocation. Its chemical formula is SiH4, and it is a general term for compounds of silicon and hydrogen.

Silane gas is widely used in microelectronics and optoelectronics industries for manufacturing solar cells, flat panel displays, glass, and steel coatings, and is currently the only intermediate product for large-scale production of granular high-purity silicon in the world.

Overview of Market Development

According to our research data, the global sales volume of the silane gas market is expected to reach 47200 tons in 2024, with an estimated market revenue of $1162 million, an increase of 4.61% compared to 2023. In the future, the global silane gas market will continue to maintain its growth momentum. On the one hand, the rapid development of industries such as semiconductors, liquid crystal panels, and photovoltaics will drive the growth of the silane gas market. On the other hand, the growth of the functional silane market will also drive the development of the market. It is expected that by 2029, the global silane gas market revenue will increase to $1443 million.

Segmented Market Analysis

From the perspective of product types, silane gas can usually be divided into two categories based on purity: purity ≥ 5N and purity<5N. Among them, silane gas with a purity of ≥ 5N dominates the market. According to the data, the estimated revenue for the segmented market of silane gas with a purity of ≥ 5N worldwide in 2024 is $741 million, and the market share is expected to reach 63.80%.

From the perspective of downstream application patterns, silane gas is mainly used in fields such as semiconductors, displays, and photovoltaics. Among them, the semiconductor industry is the largest downstream application market, with an estimated application share of 40.53% in 2024.

Source: www.globalmarketmonitor.com

Analysis of Market Competition Pattern

From the perspective of market competition, the concentration of the global silane gas market is moderate. Data shows that the total revenue of the silane gas market for the top 3 companies in 2023 was 360 million, with a total share of 37.07%. The top three companies were Air Liquide, Linde plc, and REC Silicon. In 2023, these three companies' revenue from the silane gas market accounted for 14.21%, 13.59%, and 9.27% of the global market, respectively.

Companies	Market Revenue (Million USD)	Market Share
Air Liquide	138	14.21%
Linde plc	132	13.59%
REC Silicon	90	9.27%
Top3 Companies	360	37.07%