Global Silicone Fabrics Market: Overview
Silicone fabrics are flexible, dimensionally stable, thin, and strong at the same time. It lasts a long time and delivers consistent and dependable results. It possesses strong tensile and rip strength, as well as the potential to be thermally welded. These characteristics are likely to boost demand in a multitude of industries, including construction, aerospace, automotive, consumer, and industrial sectors. The expanding use of silicone fabrics in the upholstery and furnishing business, s Strict government rules concerning passenger safety in cars, the rising need for protective gear, the expansion of manufacturing sectors are all likely to drive demand in the global silicone fabrics market. In terms of lifetime, deployment, air porosity, and strength, silicone coating outperforms untreated textiles. These benefits have prompted airbag producers and car OEMs to change from uncoated to silicone-coated fabric in the production of airbags. When deployed, airbags generate heat, which increases the danger of passengers being burnt. The addition of a silicone coating to the airbag can assist in dissipating/containing the heat without tearing or ripping the airbag when release. Such extensive use is expected to boost demand in the global silicone fabrics market in the years to come.
This study from Transparency Market Research (TMR) provides a complete insight of the global silicone fabrics market. It provides well-researched data on a variety of market aspects in order to provide useful business input for profit generation.
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Global Silicone Fabrics Market: Notable Developments
The silicone market is highly concentrated. Silicone producers are constantly faced with high and fluctuating feedstock prices, which they are anticipated to passed on to the end-users. For instance, leading silicone market companies such as Wacker and Elkem recently raised their silicone product pricing to compensate for rising costs of energy and raw material.
The noted players that are operational in the global silicone fabrics market are Compagnie de Saint-Gobain S.A., Mid-Mountain Materials, Inc., Auburn Manufacturing Inc., Serge Ferrari Group, Trelleborg AB,
Global Silicone Fabrics Market: Key Trends
Below-mentioned market trends and opportunities mark the global silicone fabrics market:
Multiple Benefits of Silicone Fabrics to Foster Growth of the Market
When compared to alternatives like neoprene coating, silicone-coated airbags offer rapid deflation soon after the peak inflated pressure is attained, as well as extra features like airbag protection and heat resistance. In addition to that, silicone's exceptional compatibility with common airbag materials, such as nylon, enables it to build a protective barrier against moisture while being chemically inert. These benefits are likely to drive demand for silicone-coated fabric for the making of vehicle airbags. Thus, in the future years, safety requirements, as well as rising installation rates and demand for knee, curtain/side, and frontal airbags, are projected to push the demand for silicone fabrics in the making of automotive airbags.
Silicone-coated textiles may be replaced with a variety of other goods. Elastomer coated textiles, such as rubber-coated fabrics, TPO, PTFE, and TPU, as well as plastic, leather, uncoated fabrics, and polymer-coated goods are some of the most common silicone-coated fabric replacements. PTFE fabrics are a type of composite fabric that is employed in a variety of sectors including electronics, screen printing, textiles, and chemical processing. Because they display the ideal high-performance characteristics of PTFE, these textiles are frequently employed in industrial applications. In the textile sector, for example, PTFE textiles are utilized for making
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Global Silicone Fabrics Market: Geographical Analysis
The fabrication industry, automotive industry, and manufacturing industry are likely to drive the silicone fabrics market in the Asia Pacific region. Due to increased airbag and automotive production in the region, development in the manufacturing sector, and rapid growth of the healthcare as well as medical sectors, the market has been steadily growing in the region. The economic growth of various nations, including India, ASEAN countries, and others, has slowed as a result of the COVID-19 epidemic, leading to supply chain disruption.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.