Silicone fabrics are elastomer-based fabrics, most commonly silicone elastomers. This fabric is used in a variety of applications, including medical, automotive, and industrial applications. It is frequently used in the manufacture of protective clothing, such as fire-resistant fabrics and protective clothing against hazardous materials. It can also be used to make waterproof fabrics and materials that are strong and long-lasting. Because of their wide range of applications and ability to withstand extreme temperatures, silicone fabrics are in high demand. Silicone fabric demand is expected to rise further as more products and industries rely on silicone-based materials for production.
The global silicone fabrics market is estimated to be USD 4.0 billion in 2021 and is projected to reach USD 5.5 billion by 2026, at a CAGR of 6.8%, between 2021 and 2026. The growth of the coated fabrics market is primarily triggered by the huge demand from 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.
Over the recent past, Trelleborg AB has channelized efforts toward the expansion of the business through the inorganic growth strategy. In line with this strategy, in recent years, the company acquired several local as well as regional players, which have a significant presence in the market. The company, thus, targets several end-use industries of North America with a wide product offering to cater to the ever-changing demand from industries.
Most of the European and North American countries, especially Italy, Spain, the UK, France, the US, and Germany, are severely impacted by the COVID-19 pandemic. The suspension of manufacturing operations in several industrial sectors has resulted in a slump in demand for silicon-coated fabric. Moreover, owing to the COVID-19 pandemic, the demand from the manufacturing sector had slumped sharply in the 2020. However, during the pandemic period, the demand for silicone fabric in the medical and healthcare sector increased due to the construction of temporary medical facilities, and rising awareness which, in turn, supported to marginal offset of the decline in demand.
