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According to the new market research report “Fire Resistant Fabrics Market by Type (Treated (FR Cotton and FR Viscose), Inherent (Aramid and PBI)), Application (Apparel, Non-apparel), End Use industry (Industrial, Defense & Public Safety Services, Transportation) – Global Forecasts to 2026″, The Fire Resistant Fabrics Market is projected to reach USD 4.3 billion by 2026, at a CAGR of 6.1% from USD 3.2 billion in 2021.
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Treated fire-resistant fabrics accounted for the largest share of the overall fire-resistant fabrics market, in terms of value, in 2020. The dominance of treated fabrics is mainly due to their low cost. These fabrics do not possess fire resistance nature in their chemical structure. They are made fire resistant with the help of various chemicals. Chemical additive is treated with the fabric to provide fire resistance to that particular fiber. When exposed to fire, these fabrics rely on chemical reaction to extinguish the fire. There may be a possibility that the fire resistance property of the treated fabric getting washed out through use or laundering.
The apparel application accounted for the largest share in terms of value, of the overall fire-resistant fabrics market in 2020. The dominance of the apparel application is projected to continue during the forecast period owing to the high demand from the protective clothing sector. The non-apparel application registered a steady growth, between 2021 and 2026. The market for non-apparel application is mainly driven by the rising demand from transport and furniture sectors.
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291 – Pages
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The fire-resistant fabrics market size is projected to reach USD 4.3 billion by 2026 from USD 3.2 billion in 2021, at a CAGR of 6.1%. Growing concern towards safety at workplace is expected to support the growth of the fire-resistant fabrics market. However, huge investment in R&D and high cost of fire-resistant fabrics is restraining the growth of the market. On the other hand, innovation in product development has created opportunities for manufacturers.
E.I. DuPont De Nemours and Company (U.S.), Kaneka Corporation (Japan), PBI Performance Products Inc. (U.S.), Royal TenCate N.V. (Netherlands), Teijin Ltd. (Japan), Westex By Milliken (U.S.), Gun EI Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (U.S.), Lenzing Ag (Austria), Solvay S.A. (Belgium), W. L. Gore Associates Inc. (U.S.), are the major players in this market.
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DuPont is one of the world’s leading manufacturers and innovators of advanced materials, fabrics, polymers, and various industrial products. The company operates in North America, Europe, the Middle East & Africa, Asia-Pacific, and Latin America.
Teijin Ltd. is involved in the production and distribution of advanced textiles, composite materials, technical textiles, healthcare products, industrial textiles, and clothing materials. The company is operating their business through five reportable segments, namely, materials, healthcare, fibers & products converting, IT and others. It offers fire resistant fabrics through the fibers & products converting business segment.
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Research Insights: https://www.marketsandmarkets.com/ResearchInsight/fire-resistant-fabric-market.asp
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