Market Research Report
Fire Resistant Fabrics - Global Market Outlook (2017-2026)
|Fire Resistant Fabrics - Global Market Outlook (2017-2026)|
Published: November 1, 2018
Stratistics Market Research Consulting
Content info: 184 Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Fire Resistant Fabrics Market is accounted for $3.95 billion in 2017 and is expected to reach $7.56billion by 2026 growing at a CAGR of 7.5% during the forecast period. Growing demand from end-use industries, growing demand from the mining industry and rapid industrialization in BRICS nations are some of the factors driving the market growth. However, some of the factors such as high cost of raw materials and huge investment in R&D are hampering the market growth.
Fire resistant fabrics are those textiles that resist high temperature and fire. 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. These fabrics do not glow or burn on removal of the ignition source; however, certain changes are observed in their physical and chemical characteristics.
Based on Application, Apparel segment is anticipated to held significant market share during predicted period owing to the increasing demand for defense and flame fighting uniforms in numerous industries. By geography, South America is anticipated to dominate the market owing to increasing industrialization and anxiety towards safety at the place of work.
Some of the key players profiled in the Fire Resistant Fabrics Market include RoyalTencate N.V., Kaneka Corporation, PBI Performance Products Inc., E. I. Dupont De Nemours and Company, Teijin Ltd., Westex By Milliken, W. L. Gore & Associates Inc., Solvay S.A., Huntsman Corporation, Gun Ei Chemical Industry Co., Ltd., Lenzing AG, Auburn Manufacturing Inc, Trevira GmbH, XM Textiles and Glen Raven Technical Fabrics LLC.
Note : North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in above manner.