The future of the global silicone fabric market looks promising with opportunities in the industrial, consumer, and automotive markets. The global silicone fabric market is expected to reach an estimated $5.5 billion by 2030 with a CAGR of 4% from 2024 to 2030. The major drivers for this market are increasing demand for high-performance fabrics with superior properties and government support for the development and commercialization of silicone fabrics.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the silicone fabric market by
base fabric (fiberglass, polyester, polyamide, and others), application
(protective clothing, industrial fabric, clothing fabric, and others), end use
(industrial, consumers, automotive, and others), and region (North America,
Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will
grow at a faster pace and why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the
emerging trends in this market and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market,
protective clothing, industrial fabric, clothing fabric are the major segments
of silicone fabric market by application. Lucintel forecasts that protective
clothing is expected to witness highest growth over the forecast period due to
its properties like resistance to heat, flame, chemicals, and abrasion. Within
this market, industrial is expected to witness highest growth over the forecast
period due to significant utilisation of silicone fabrics in many different
industrial applications, including insulation, gaskets, and hoses.
APAC is expected to
witness highest growth over the forecast period due to increasing demand for
silicon fabrics from the automotive, electronics, and construction industries
of the region.
Elkem, 3M, Auburn
Manufacturing, Nott Company, Mid-Mountain Materials, Newtex Industries, and
Trelleborg are the major suppliers in the silicone fabric market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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