Fire-resistant fabrics are basically used in many applications such as firefighting uniforms, transport, workwear, law enforcement services, and residential & commercial furnishings. A steady improvement in technologies coupled with stringent regulations imposed by the government has further led to a rise in the use of fire-resistant fabrics in various end-user industries, including electrical, chemicals, and oil & gas, which are always at a greater risk of fire accidents. Fire-resistant fabrics are primarily those textiles which resist high temperature and fire. These fabrics are basically known to be naturally resistant in comparison to other chemical treatments or fireproof fibers that are manufactured artificially. Fire-resistant fabrics are mostly organic or carbon-containing materials that reduce a fire hazard. These fabrics do not glow or burn on the removal of the ignition source; however, certain changes are observed in their physical and chemical characteristics.
MARKET DYNAMICS
The fire-resistant fabrics market has witnessed significant growth owing to factors such as wider application in industries such as defense and public safety services, construction and manufacturing, oil and gas, automotive and transport, and others. The major factors propelling the studied market are the rise in demand for fire-resistant fabrics in home and commercial furnishing, growing demand from the mining industry, and stringent industry standards for fabrics. Rising demand from the chemical industry is another factor driving the global fire resistant fabric market. Increasing demand from the oil and gas sector is further expected to fuel the fire-resistant fabrics market. Increased awareness about fire safety procedures in residential and commercial areas is also anticipated to boost the global fire resistant fabrics market in the near future. However, the high price for raw materials used to make fire-resistant fabric, along with a lack of safety compliances is expected to hamper the growth of the market studied. Nevertheless, rapid industrialization in BRICS countries is likely to act as an opportunity in the forecast period.
MARKET SCOPE
The "Global Fire Resistant fabrics Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fire resistant fabrics market with detailed market segmentation by type, application, end-use, and geography. The global fire resistant fabrics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fire resistant fabrics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fire resistant fabrics market is segmented on the basis of type, application, and end-use. On the basis of type, the fire resistant fabrics market is segmented into treated fire-resistant fabrics and inherent fire-resistant fabrics. The fire resistant fabrics market on the basis of the application is classified into apparel and non-apparel. On the basis of end-use, global fire resistant fabrics market is bifurcated into defense and public safety services, construction and manufacturing, oil and gas, automotive and transport, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fire resistant fabrics market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fire resistant fabrics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fire resistant fabrics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fire resistant fabrics market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global fire resistant fabrics market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fire resistant fabrics market are anticipated to lucrative growth opportunities in the future with the rising demand for fire resistant fabrics in the global market. Below mentioned is the list of few companies engaged in the fire resistant fabrics market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fire resistant fabrics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- E. I. Dupont De Nemours and Company
- Gun Ei Chemical Industry Co., Ltd.
- Huntsman Corporation
- Kaneka Corporation
- Lenzing AG
- PBI Performance Products Inc.
- Royal Tencate N.V.
- Solvay S.A.
- Teijin Ltd.
- Westex By Milliken