Global Silicone Fabrics Market to Garner $5.5 billion Bn by 2026, at 6.8% CAGR| MarketsandMarkets™ Study
Verfasser: ashwani_kailiya on Friday, 23 December 2022Silicone fabrics are fabrics that are coated with a layer of silicone or silicone-based material. These fabrics are commonly used in applications where a waterproof, durable, and flame-retardant material is needed. They are also widely used in the medical industry, as they are non-toxic and hypoallergenic and offer excellent insulation. Other uses for silicone fabrics include outdoor furniture, automotive and aerospace upholstery, and athletic wear.
The global silicone fabrics market is expected to reach $5.5 billion by 2026, at a CAGR of 6.8%, according to a new report by MarketsandMarkets™. The market is anticipated to witness a healthy growth rate during the forecast period (2021–2026), primarily due to the growing demand for silicone fabrics in the healthcare, automotive, and construction industries.
Silicone fabrics are made of silicone rubber, which is an elastomer composed of silicon, oxygen, and other elements. These fabrics are used in various industries due to their superior properties, such as flame resistance, chemical resistance, and durability. Furthermore, silicone fabrics have excellent insulation properties, making them ideal for use in applications that require electrical insulation.
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