Textiles play an important role in daily life, but they are at a disadvantage due to their flammability. Much of the incidences of fire in homes include bedding and clothing. The ease of flammability of textiles has led to the production of textile flame retardants, i.e., additives that can effectively suppress/delay the rate of spread of flame or minimize the rate of burning of textiles. Flame retardants are added to these fabrics to meet the necessary fire safety standards and withstand the relevant fire tests. Flame retardants restrict the spread of fire by extending the time of escape due to its flame retardant properties.
MARKET DYNAMICS
The textile flame retardants market is driven by the rising demand for fire retardant fabrics from various end-use industries, such as defense, transport, and industrial manufacturing. Moreover, growing consumer awareness of important escape times during fire incidents, the effectiveness of flame retardants, and their advantages are expected to further boost product demand. The increase in demand for viscose/cellulosic and nylon-blended fibers has driven the growth of the textile industry in the recent past. The increasing application of such fibers and the rising preference for products with fire-resistant properties is expected to drive the market. Fire safety is a huge problem for governments around the world. There are many technical fire protection guidelines established by various governments throughout Europe. The UK has the highest level of fire safety standards in the world. As a result, the nation has successfully decreased the number of fire deaths by more than two-thirds in the last 25 years. Thus all these factors are expected to positively affect the demand of the product.
MARKET SCOPE
The "Global Textile Flame Retardants Market Analysis to 2028" is a specialized and in-depth study of the Chemical and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the textile flame retardants market with detailed market segmentation by product, application, type, end-use, and geography. The global textile flame retardants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading textile flame retardants market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global textile flame retardants market is segmented on the basis of product, application, type, and end-use. On the basis of product the global textile flame retardants market is segmented into halogenated, non- halogenated, and others. Based on application the global textile flame retardants market is segmented into polyester, cotton, viscose, nylon, polypropylene, and others. Based on type the global textile flame retardants market is segmented into durable, semi durable, and non- durable. Based on end- use the global textile flame retardants market is segmented into industrial, defense, public safety services, transportation, household, 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 textile flame retardants 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 textile flame retardants 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 textile flame retardants 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 textile flame retardants market in these regions.
MARKET PLAYERS
The reports cover key developments in the textile flame retardants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic 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 textile flame retardants market are anticipated to lucrative growth opportunities in the future with the rising demand for textile flame retardants in the global market. Below mentioned is the list of few companies engaged in the textile flame retardants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the textile flame retardants 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.
- Albemarle Corp.
- Israel Chemicals Ltd.(ICL)
- LANXESS AG
- Clariant International Ltd.
- Nabaltec AG
- Tanatex Chemicals B.V
- Huntsman International LLC
- Omya United Chemicals
- Fibro Chem
- Solvay S.A
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