What is the global market size of Silicone Coated Fabrics Market?

Global Silicone Coated Fabrics Market size was valued at USD 4.9 billion in 2021 and is poised to grow from USD 5.2 billion in 2022 to USD 8.5 billion by 2030, growing at a CAGR of 4% in the forecast period (2023-2030).

Global Silicone Coated Fabrics Market Size, Share, Growth Analysis, By Base Fabric(Fiberglass, Polyester), By Application(Protective Clothing, Industrial Fabric), By End-Use(Industrial, Consumers) - Industry Forecast 2024-2031

Report ID: SQMIG15A2285 | Region: Global | Published Date: February, 2024
Pages: 256 | Tables: 93 | Figures: 75

Global Silicone Coated Fabrics Market Regional Insights

Due to the region's increasing rate of automotive production, the Asia Pacific is predicted to experience the fastest CAGR development in the coated fabrics market. Additionally, the growing industry has increased the demand for protective apparel, creating new market prospects. The Asia Pacific market is being driven by the implementation of rules and regulations for industrial safety as set forth by the Fire Safety Forum Asia (FFSA) and the Industries Development and Regulation Act of India.

Due to the US's expanded oil and gas activities, North America and Europe are experiencing tremendous expansion, which is quickening expectations for major growth and demand for coated fabrics. Additionally, the growth of the coated fabrics market is primarily being driven by the presence of automakers in Europe and the North American area. Due to the expansion of the region's construction and oil and gas industries, the Middle East and Africa are anticipated to experience stronger growth during the projection period. The PSA Group in particular has increased its manufacture of passenger cars, which is fueling the market's regional expansion..

Global Silicone Coated Fabrics Market Report Snapshots

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Global Silicone Coated Fabrics Market size was valued at USD 4.9 billion in 2019 and is poised to grow from USD 5.2 billion in 2023 to USD 8.5 billion by 2031, growing at a CAGR of 4% in the forecast period (2024-2031).

The well-known businesses put a lot of effort into enhancing their production processes to create Silicone coated fabrics of higher quality. The use of cutting-edge technologies in production processes increases productivity and strengthens its brand positioning. Additionally, the businesses are working together with other players to introduce brand-new products that improve their market position. To increase the resilience of Silicone coated fabrics and improve their resistance to varying climates, the companies are substantially investing in research and development. This plan will improve their company and boost their yearly income. 'Precision Coating & Coated Fabrics', 'Trelleborg AB', 'PPG Industries', 'Wacker Chemie AG', 'Continental AG', 'The Sherwin-Williams Company', 'Huntsman Corporation', 'Momentive Performance Materials Inc.', 'Porcher Industries SA', 'Nitto Denko Corporation', 'Serge Ferrari Group', 'La Rochette', 'Cooley Group', 'Isotex S.p.A.', 'Chemprene Inc.', 'Dakkota Integrated Systems LLC', 'Fabrene Inc.', 'Ammeraal Beltech', 'Maffei SRL'

A thin, sturdy, and flexible material with a long shelf life, consistency, and high performance is Silicone fabric. Because of its exceptional resilience to adverse environmental conditions and outstanding tensile strength, it is widely utilised in the aircraft industry. In order to safeguard aircraft against poor weather conditions, it is employed as airbags, closure assemblies in aircraft walkways, and robot covers. Additionally, blankets, cushions, beds, and covers that provide insulation also make use of the Silicone-coated cloth. As a result, the market for Silicone coated fabrics is anticipated to develop in the years to come due to the expanding use of these fabrics in the aerospace industry.

Silicone-coated airbags enable quick deflation after the peak inflated pressure is reached, as well as other benefits like airbag protection and heat resistance, when compared to substitutes like neoprene coating. Additionally, Silicone's outstanding compatibility with typical airbag materials like nylon allows it to create a moisture-resistant barrier while being chemically inert. Due to these advantages, Silicone-coated cloth will certainly become more popular for use in car airbags. Thus, it is anticipated that demand for Silicone fabrics in the production of automobile airbags will increase in the next years due to safety regulations, as well as increased installation rates and demand for knee, curtain/side, and frontal airbags.

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Global Silicone Coated Fabrics Market Size, Share, Growth Analysis, By Base Fabric(Fiberglass, Polyester), By Application(Protective Clothing, Industrial Fabric), By End-Use(Industrial, Consumers) - Industry Forecast 2024-2031

Global Silicone Coated Fabrics Market Regional Insights

Global Silicone Coated Fabrics Market Report Snapshots

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