Fire resistant fabrics Market Overview:
The global fire resistant fabrics market is segmented into type, application, and end-user. On the basis of the type, the market is segregated into aramid & blends, polyolefin & blends, polyamide, PBI, cotton fibers, laminated polyesters, and others. The PBI material segment was the leading segment in 2016 and is anticipated to show the same trend during the forecast years. The properties such as high thermal and chemical stability is substantially adding to the growth of the segment. On the basis of end use industry the building & construction is expected to be the dominant segment during the forecast period. The growing government expenditure in the development of both private as well as public infrastructure is positively effecting the growth of the segment.
Fire resistant fabrics are a type of textile that has the ability to withstand heat and resist burning. The growing adoption of work place regulation across the globe are the major factor driving the global market of fire resistance fabrics. The growing demand form end use industries such as oil & gas, building & construction, firefighting, and military & defense among others is also substantially contributing to the growth of the market. However, the changing price of raw material prices coupled with high cost associated in the production of fire resistant fabric is anticipated to be a major restraint in the growth of the market.
Industry/ Innovation/ Related News:
14th December, 2016- Japanese based company Teijin Limited has made an addition to their product portfolio with the launch of ‘Xfire DENIM’. This new product is made from denim like aramid fiber fabric especially designed for fire corps. The product has enhanced flexibility and comfort which is expected to drive its market growth.
24th April, 2017- W.L Gore & Associates, Inc. made an innovation in the fire resistant fabrics market with the launch of products GORE PYRAD Fabric Technology. This new product provides enhanced thermal burn protection, comfort as well as environment protection. The product also possesses the ability to self-extinguish flames. This product is expected to augment the demand for the military and defense applications.
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Fire resistant fabrics Market Competitive Analysis:
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.), among others are some of the prominent players at the forefront of competition in the global fire resistant fabrics market and are profiled in MRFR Analysis.
Fire resistant fabrics Market Competitive In-Depth Overview:
The global Fire resistant fabrics Market is a highly lucrative market driven by growth of the construction sector coupled with the propelling investment in the the oil & gas industry. 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.) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Fire resistant fabrics Market is projected to witness considerable competition over the forecast period of 2017-2023. North America is expected to be the dominant market whereas Asia Pacific is anticipated grow with the highest CAGR during the forecast period. The developed industries mainly in Canada and U.S. is fuelling the demand for fire resistant fabrics in the region. Furthermore, the presence of strict work safety regulation is also contributing to the demand for fire resistant fabrics various industries of the region.
Fire Resistant Fabrics Market Regional Analysis
The fire resistant fabrics market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market and is expected to be the fastest growing region with an encouraging CAGR. Growing urbanization and the globalization in the developing nations are primarily driving the growth of the fire resistant fabrics market. Moreover, the burgeoning construction and the oil and gas industry in countries, such as India and China, is increasing the demand for fire resistant fabrics which, in turn, is propelling the market growth.
North America is another dominant region in the global market, exhibiting a high CAGR. The growing adoption of fire-resistant fabrics in the developed end-user industries is substantially driving the growth of the market. Moreover, the growing oil and gas activities in the region coupled with developed transportation sector is further adding to the growth. The growing technological advancements in the region and the increasing research & development activities for the production of environment-friendly fire resistant fabrics are anticipated to positively affect the market growth.
The global fire resistant fabrics market is segmented into type, application, and end-user. On the basis of the type, the market is segregated into treated fire resistant fabrics, inherent fire resistant fabrics. The market for the application, the market is categorized into apparel and non-apparel. The market by the end use industry is further segregated into oil & gas, building & construction, defense and public safety, transportation, and others.
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
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LIST OF TABLES
Table 1 World Population By Major Regions (2017 To 2030)
Table 2 Global Fire Resistant Fabrics Market: By Region, 2017-2023
Table 3 North America Fire Resistant Fabrics Market: By Country, 2017-2023
Table 4 Europe Fire Resistant Fabrics Market: By Country, 2017-2023
Table 5 Asia-Pacific Fire Resistant Fabrics Market: By Country, 2017-2023
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