The global Silicone fabrics market size is to grow from USD 4.0 billion in 2021 to USD 5.5 billion by 2026, at a CAGR of 6.8% from 2021 to 2026. The market for silicon fabric is segmented based on base fabric into fiberglass, polyester, polyamide, and other materials. In terms of demand, silicone-coated fiberglass is gaining traction across industrial application due to high-performance characteristics such as high-temperature resistance, chemical resistance, and UV resistance, among others.
On the basis of application, the market is bifurcated into protective clothing, industrial fabrics, clothing fabrics, and other application. In terms of demand, the industrial fabric segment is expected to account a majority share of the market. This is mainly attributed to growth of the manufacturing sector, demand for high-performance fabrics, and rising adoption of silicone fabrics in upholstery and furniture applications across the globe. Moreover, the protective clothing segment is projected to register healthy growth through the forecast period.
On the basis of end-user, the global silicone fabric market is segmented into Industrial, Consumer, Automotive, and Others. The industrial segment accounted over half of the market demand in 2020, followed by the automotive segment. Factors such as increasing penetration of Electric vehicles and changing regulatory standards across the globe supports the market growth.
The silicon-coated fabric market is studied for five regions, namely, North America, Asia Pacific, Europe, Middle East & Africa, and South America. The growth of the coated fabrics market is primarily triggered by the huge demand from the transportation and protective clothing applications. APAC is estimated to be the largest coated fabrics market due to increasing population in the continent, improving economic conditions, such as rising GDP & disposable incomes and booming manufacturing sector
The silicon coated market is dominated by large players, such as Elkem (US), 3M Company (US), Auburn Manufacturing Inc. (US), Nott Company( US), Mid-Mountain Materials, Inc (US), Newtex Industries, Inc (US), Precision Coating & Coated Fabrics (US) Trelleborg AB (Sweden), COMPAGNIE DE SAINT-GOBAIN S.A. (France), and Serge Ferrari Group (France). These players have adopted several strategies, such as acquisitions, agreements, and expansions, to enhance their market footprint and product portfolios.
