The global silicone fabrics market was valued at $3.9 billion in 2020, and is projected to reach $5.8 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.
Silicone fabrics is tough, thin, and dimensionally stable yet flexible. It is long lasting and provides consistent & reliable performance. It has high tensile and tear strength, and could be thermally weldable. These properties have increased their demand in a wide range of applications such as industrial, consumers, automotive, aerospace, and construction.
The global demand for silicone fabrics is primarily driven by stringent government regulations regarding passenger safety in automobiles, growth of manufacturing industries, increasing demand for protective clothing, and growing adoption of silicon fabrics in upholstery and furniture industry. Silicone coating offers numerous advantages compared to uncoated fabrics in strength, air porosity, deployment, and lifespan. These advantages have encouraged airbag manufacturers and vehicle OEMs to switch from uncoated fabric to silicone-coated fabric to manufacture airbags. Airbags create heat during deployment that can increase the risk of occupants getting burnt. Adding a silicone coating to the airbag can help dissipate/contain this heat without the airbag ripping or tearing during deployment. Airbags treated with a silicone coating also allow quick deflation once the peak inflation pressure is reached, along with added benefits such as thermal resistance and airbag protection compared to alternatives such as neoprene coating. Additionally, the excellent compatibility of silicone with widely used airbag fabrics, such as nylon, allows it to form a protective layer against moisture and remain chemically inert. These advantages are expected to fuel the demand for automotive airbags made from silicone-coated fabric. Thus, safety regulations coupled with increasing installation rate and growing demand for frontal, curtain/side, and knee airbags is expected to propel the silicone fabrics market in automotive airbags application in the coming years.
However, the availability of low-cost substitutes is expected to hamper the silicone fabrics market growth during the forecast period. Furthermore, growing penetration of silicone fabrics in the medical and healthcare sector is expected to provide growth opportunities for the silicone fabrics market during the forecast period.
The global silicone fabrics market size is segmented on the basis of base fabric, application, end use, and region. By base fabric, it is analyzed across fiberglass, polyester, polyamide, and others. By application, it is divided into protective clothing, industrial fabric, clothing fabric, and others. By end-use, it is classified into industrial, consumers, automotive, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The major key players operating in the global silicone fabrics industry include Trelleborg AB, KAP AG, Compagnie DE Saint-Gobain S.A., Serge Ferrari Group, 3M Company, Auburn Manufacturing Inc., Nott Company, Mid-Mountain Materials, Inc., Newtex Industries, Inc., and Colmant Coated Fabrics. Other players operating in this market include Chemprene Inc., Precision Coating & Coated Fabrics, Jiangsu Multiflon Hi-Tech Co., Ltd., Wallean Industries Company Limited, and Precision Coating & Coated Fabrics, Tapes, Belts (FTB).
Global Silicone Fabrics Market, By Region
Asia-Pacific accounted for a major market share in 2020, owing to demand from the manufacturing, automotive, and fabrication industries. The APAC silicone fabrics market has been witnessing consistent growth due to increasing automotive as well as airbag production in the region, growth of the manufacturing sector, and double-digit growth of healthcare and medical sector. Attributed to the COVID-19 pandemic, the economic growth of several countries, such as India, ASEAN, and other countries, has been declining, owing to disruption of the supply chain, declining demand for industrial product, suspension of manufacturing facilities, and declining oil & gas prices. The demand for silicone fabrics is expected to decrease in several end-use industries in 2020.
By Region
Asia-Pacific would exhibit an CAGR of 4.6% during 2021-2030
Global Silicone Fabrics Market, By Base Fabric
The fiberglass segment accounted for a major share in the silicone fabrics market in 2020, owing to low cost, high performance, suitability to several industrial applications, and strong resistance to heat, water, and UV supports for the growth of the silicone coated fiberglass fabrics market.
By Base Fabric
Fiberglass is projected as the most lucrative segment.
Global Silicone Fabrics Market, By Application
The industrial fabric segment accounted for a major share in the silicone fabrics market in 2020 as it is used across several industrial applications such as conveyor belts, insulation, gaskets, hoses, heat shield, and others. With the growth of the manufacturing industry across the globe, the demand for silicone fabrics is increasing steadily.
By Application
Industrial Fabric is projected as the most lucrative segment.
Global Silicone Fabrics Market, By End-use
The industrial segment accounted for a major silicone fabrics market share in 2020. Attributed to increase in foreign direct investment and rapid industrialization across developing economies, such as China, India, and Brazil, it led to surge in setting up of various manufacturing or production units of industrial verticals, such as automotive, steel, and electrical & electronics, across these countries. Attributed to the availability of raw materials and laborers at lower prices and growing manufacturing industry across these developing economies, the demand for silicone fabrics is expected to surge significantly during the forecast period.
By End-use
Industrial is projected as the most lucrative segment.
COVID-19 analysis:
Attributed to the COVID-19 pandemic, the demand from the industrial sector declined sharply in 2020. This impact was further intensified with the declining oil & gas prices and the massive gap between supply and demand. Due to economic losses, several production activities were suspended until the recovery of the economy. This decline in the manufacturing industry across the globe, in turn, resulted in a decline in the demand for silicone fabrics.
Key benefits for stakeholders
- The global silicone fabrics market analysis covers in-depth information of major industry participants.
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Major countries have been mapped according to their individual revenue contribution to the regional market.
- The report provides in-depth analysis of the global silicone fabrics market forecast for the period 2021–2030.
- The report outlines the current global silicone fabrics market trends and future scenario of the global silicone fabrics market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets.
- Key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global silicone fabrics market study.
Key market segments
By Base Fabric
- Fiberglass
- Polyester
- Polyamide
- Others
By Application
- Protective Clothing
- Industrial Fabric
- Clothing Fabric
- Others
By End-Use
- Industrial
- Consumers
- Automotive
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Silicone Fabrics Market Report Highlights
| Aspects | Details |
 By Base Fabric |
|
 By Application |
|
 By End-Use |
|
 By Region |
|
 Key Market Players | AUBURN MANUFACTURING INC., SERGE FERRARI GROUP, NEWTEX INDUSTRIES, INC., 3M COMPANY, MID-MOUNTAIN MATERIALS, INC., KAP AG, COLMANT COATED FABRICS, TRELLEBORG AB, NOTT COMPANY, COMPAGNIE DE SAINT-GOBAIN S.A. |
Analyst Review
The global silicone fabrics market is anticipated to witness growth during the forecast period driven by increasing use of silicone fabrics for manufacturing of industrial products such as conveyor belts. In addition, the market is expected to benefit from increasing use of coated fabrics as low-cost alternative leather for trims and upholstery. Furthermore, surging demand for airbags in automobiles is anticipated to increase the demand for silicone fabrics from airbags manufacturers, owing to its properties such as high tensile and tear strength. Moreover, growing demand for protective clothing in chemical and other similar industries due to FDA regulations is expected to surge the demand for silicone fabrics in the coming years.
However, the availability of low-cost substitutes is expected to hamper the growth of the silicone fabrics market during the forecast period. Furthermore, growing penetration of silicone fabrics in the medical and healthcare sector is expected to provide growth opportunities for the silicone fabrics market during the forecast period.
Increasing number of airbags per vehicle coupled with stringent regulation, Stringent government regulations and steady growth in demand for protective clothing, growing usage of silicone fabrics in construction and manufacturing sectors and growing penetration in medical and healthcare sector are the driving factors and opportunities in the silicone fabrics market.
Acquisition and business expansion are the key growth strategies of silicone fabrics market players.
Asia-Pacific region will provide more business opportunities for silicone fabrics in future.
Trelleborg AB, KAP AG, Compagnie DE Saint-Gobain S.A., Serge Ferrari Group, 3M Company, Auburn Manufacturing Inc., Nott Company, Mid-Mountain Materials, Inc., Newtex Industries, Inc., and Colmant Coated Fabrics are the leading global players in the silicone fabrics market.
Fiberglass, industrial fabric, industrial end-use segment holds the maximum share of the silicone fabrics market.
Industrial manufacturing units and airbag manufacturing companies across the globe are the potential customers of silicone fabrics industry.
The global silicone fabrics market was valued at $3.9 billion in 2020, and is projected to reach $5.8 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030.
The global silicone fabrics market analysis covers in-depth information of major industry participants, Porter’s five forces analysis help analyze potential of buyers & suppliers and the competitive scenario of the industry for strategy building, major countries have been mapped according to their individual revenue contribution to the regional market, the report provides in-depth analysis of the global silicone fabrics market forecast for the period 2021–2030, the report outlines the current global silicone fabrics market trends and future scenario of the global silicone fabrics market from 2020 to 2030 to understand the prevailing opportunities and potential investment pockets, and key drivers, restraints, & opportunities and their detailed impact analysis are explained in the global silicone fabrics market study.
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