I would not say that when carbon reacts with oxygen, carbon dioxide is formed; not significantly in the scheme of things.
When hydrocarbons react with oxygen, we get carbon dioxide (and water).
Silane (a hydrosilicon) is a silicon and hydrogen containing compound. Silane based compounds have a very diverse chemistry; and can form chains similar to hydrocarbons, virtually every common hydrocarbon functional group is possible in silanes, forms rings as well, etc etc. Because silicon readily forms a tetrahedral bonding structure as carbon, there are many similarities. But it also has the ability to "expand its shell" and use the d electrons, in theory, giving it even more possibilities then carbon; in some sense.
They are not very abundant on earth because it is highly reactive with oxygen.
Give it an environment with out oxygen and billions of years; who knows?