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Global Fire Resistant Fabrics Market Size, Share, Development, Growth and Demand Forecast to 2022  Industry Insights by Type by Application

Global Fire Resistant Fabrics Market Size, Share, Development, Growth and Demand Forecast to 2022 Industry Insights by Type by Application

  • June 2016
  • 110 pages
  • ID: 5038569
  • Format: PDF
  • By Prescient & Strategic Intelligence Private Limited

Summary

Table of Contents

Fire resistant fabrics are materials that are more fire or flame retardant, when compared to other fabrics, due to their chemical treatment or being manufactured of special fireproof fabrics. Fire resistant fabrics are of two types inherent or fire-retardant treated (FRT). Inherent fire resistant fabrics are materials that contain fire resistance properties due to their chemical structure. Whereas, the fire-retardant treated are made fire resistance by using fire resistant chemicals. Fire resistant fabrics are used in various industrial sectors, such as chemical, oil and gas, electrical, which are exposed to risk of fire or excessive heat. Fire resistant fabrics are used in various applications, including wore work, law enforcement services, and fire-fighting uniforms. Moreover, fire resistant fabrics are increasingly used in transportation and residential and commercial furnishings, in order to reduce the fire hazards.

Fire Resistant Fabrics Market

The global fire resistant fabrics market was valued at $3,950.6 million in 2015, and it is expected to grow at a CAGR of 5.2% during 2016 - 2022. The increased concern for safety and stringent safety regulations, rapid industrialization, and increasing flame resistant fabrics utilization in home and commercial furnishing are the major factors driving the growth of the global fire resistant fabrics market.

Among the various types, the apparel fire resistant fabrics segment have emerged as the major contributor in the global fire resistant fabrics market, and also it is expected to witness the fastest growth during the forecast period. Among the various applications, the industrial protective clothing segment held the largest share (49.7%) in the global fire resistant fabrics market in 2015. The reason behind huge consumption of fire resistant fabrics is due to its ability of fire or flame resistance. The increasing industrial facilities (especially petrochemical, and oil and gas industry) and strict government regulations for safety are being implemented globally, thus ensuring safe working environment for workers in various industrial sectors.

Europe accounted for the largest share (37.1% in terms of value in 2015) in the global fire resistant fabrics market. The strict safety regulation and continuously evolving demand for industrial protective clothing is generating demand for fire resistant fabrics in the region. Asia-Pacific is expected to witness the highest growth (CAGR 6.0%) during 2016 – 2022 in terms of value. The increasing demand of fire resistant fabrics is due to increased industrial development in oil and gas, chemicals and petrochemical sectors. Owing to increasing concern for personal safety during travelling, transportation sector is emerging out as major application segment for global fire resistant fabrics market. Additionally, the increased use of fire resistant fabrics in commercial and households furnishing is further propelling the demand for fire resistant fabrics in the region as well as globally. South American fire resistant fabrics market is also witnessing fast paced growth, owing to the rapid industrialization in the region.

Some of the major companies operating in the global fire resistant fabric market include E.I DuPont de Nemours & Co., Westex, Royal TenCate N.V., Kaneka Corporation (Japan), Solvay S.A., Teijin Ltd., PBI Performance Products Inc., Glen Raven Technical Fabrics LLC, Gun Ei Chemical Industry Co. Ltd., Huntsman Corporation, Lenzing AG, W.L. Gore & Associates Inc.

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