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Fire Resistant Fabrics Market

Fire Resistant Fabrics Market Forecasts to 2028 – Global Analysis By Type (Treated, Inherent), Application (Apparel, Non-Apparel), End User (Industrial, Defense, Transport) and By Geography

5.0 (45 reviews)
Published: November 2021 ID: SMRC21203
5.0 (45 reviews)
Published: November 2021 ID: SMRC21203

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Fire Resistant Fabrics Market is accounted for $5.13 billion in 2020 and is expected to reach $9.77 billion by 2028 growing at a CAGR of 8.4% during the forecast period. Growing demand from end-use industries, stringent workplace safety regulations and increasing awareness about fire safety procedures are driving the market growth. However, high cost of raw materials and huge investment in R&D is hampering the growth of the market.

Fire resistant fabrics are those textiles that resist high temperature and fire. These fabrics do not glow or burn on removal of the ignition source. These fabrics are known to be obviously resistant in comparison to other chemical treatments or fireproof fibers that are manufactured artificially. Fire resistant fabrics are organic or carbon-containing materials that reduce a fire hazard.

Based on the end user, the transport segment is going to have lucrative growth during the forecast period due to the growing infrastructure and development initiatives and projects such as metro and railway construction projects in a number of developing countries across the globe.

By geography, Asia Pacific is going to have high growth during the forecast period due to the rising economies in the region such as India and China are high potential markets for sale as well as setting up of production facilities and plants for fire resistant fabrics owing to increasing demand from the chemicals industry in countries in the region.

Some of the key players profiled in the Fire Resistant Fabrics Market include Royal Tencate N.V., Kaneka Corporation, PBI Performance Products Inc., Dupont De Nemours and Company, Teijin Ltd., Westex By Milliken, W. L. Gore & Associates Inc., Solvay S.A.,     Huntsman Corporation, Lenzing AG and Gun EI Chemical Industry Co., Ltd.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 5.13 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

8.4%

Predicted 2028 Value:

USD 9.77 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

189

Chapters Covered:

Type, Application, End User and Region

Core Drivers and Opportunities:

  • Growing demand from end-use industries
  • Stringent workplace safety regulations
  • Increasing awareness about fire safety procedures

Restraining Factors & Market Threats:

  • High cost of raw materials
  • Huge investment in R&D


Types Covered:
• Treated Fire-Resistant Fabrics
• Inherent Fire-Resistant Fabrics

Applications Covered:
• Apparel (Protective Clothing)
• Non-Apparel

End Users Covered:
• Industrial
• Defense & Public Safety Services
• Transport

 Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Fire Resistant Fabrics Market is majorly driven by growing demand from end-use industries, stringent workplace safety regulations and increasing awareness about fire safety procedures.

The transport segment is growing at a highest CAGR due to the growing infrastructure and development initiatives and projects such as metro and railway construction projects in a number of developing countries across the globe.

North America dominated with a significant market share due to the growing oil and gas activities in the region coupled with developed transportation sector and the increasing research & development activities for the production of environment-friendly fire resistant fabrics.

Asia Pacific market is growing at a highest CAGR due to the rising economies in the region such as India and China are high potential markets for sale as well as setting up of production facilities.

Key players in Fire Resistant Fabrics Market include Royal Tencate N.V., Kaneka Corporation, PBI Performance Products Inc., Dupont De Nemours and Company, Teijin Ltd., Westex By Milliken, W. L. Gore & Associates Inc., Solvay S.A., Huntsman Corporation, Lenzing AG and Gun EI Chemical Industry Co., Ltd.

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