Silicone Fabrics Market on Robust Growth Trajectory, Market to Witness Plummeting Sales in Near-term Amid COVID-19: MarketsandMarkets™ Study
Silicone-coated fabrics are specially engineered fabrics manufactured through the coating of specially formulated Silicone on one or both sides of the base fabrics, such as Fiberglas, polyester, and polyamide. It offers several advantages such as high heat or flame resistance, UV or weather resistance, and chemical resistance. Silicones are the most flexible polymer. The chemical adds a functional value to the fabric by making it thermally, and chemically resistant. Silicone-coated fabrics have found widespread applications in transportation, protective clothing, industrial, furniture & seating, awnings & canopies, and other applications.
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Silicones are a broad family of polymers based on silicon metal. Silicone polymers are extremely versatile and can be manufactured with preferred properties, such as rigid solid form to low viscosity liquid form, by varying the chain length and the chemical structure. The ability of silicones to be synthesized with various compositions and properties is highly preferred in various consumer and industrial applications. Silicones can vary from rubber to hard plastics and gel to liquid.
MarketsandMarkets expects the global Silicone fabrics market size 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 applications 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.
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On the basis of end-use, the global silicone fabric market is segmented into Industrial, Consumers, 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 the 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. Asia Pacific region accounted for the largest market share in 2020, in terms of both value and volume.
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