Skip to main content

Flame Resistant Fabrics Market Expected to Reach US$ 6.56 Bn by 2024

Flame resistant fabrics, the textiles which inherently possess flame resistant properties or are treated with a flame resistant substance, are extensively used to manufacture garments, furnishings, and apparels for applications across a number of industries, including hospitality, military, healthcare, and oil and gas. Blends of treated and inherently flame resistance fibers fabrics are also commonly used to manufacture flame resistant products for use across these and other industries.

In the past few years, a vast rise in demand for flame resistant clothing for use in the defense industry and several other industries with constant risk of fire outbreaks has been witnessed across the globe. Thus, flame resistant clothing and the market producing and marketing flame resistant fabrics makes for a marketplace with vast growth opportunities, especially as government regulations regarding employee safety in high-risk industries and operations become increasingly stringent.
Transparency Market Research estimates that the global flame resistant fabric market will exhibit a promising 6.8% CAGR from 2016 to 2024 and rise from a valuation of US$3.63 bn in 2015 to US$6.56 bn by 2024.
Applications in Industrial Protective Clothing to Rake in Leading Sale Volumes
Of the key applications of flame resistant fabrics, including use in law enforcement and firefighting services, corporate and home furnishing, industrial protective clothing, and the transport industry, applications across the industrial protective clothing are presently the most lucrative ones. The segment topped amongst key application areas in terms of volume-wise consumption or sales of flame resistant fabrics in the global market in 2015 and was followed by the law enforcement and firefighting services and transportation segments.
Industrial protective clothing creates an inert and stable barrier between the skin and fire, granting the wearer effective protection against direct exposure to flames or excessive temperatures. While industrial protective clothing has witnessed extensive rise in demand across key end-use industries, its demand curve steepened in 2015 owing to a significant slowdown in the oil and gas industry. Nevertheless, applications across the transport industry helped the market achieve stable growth and sustainable returns.
Market in Europe Projected to Retain Dominance
In terms of geography, the global flame resistant fabric market witnessed the dominance of Europe, which gained a nearly 30% of the global market in 2015. Vast demand for flame resistant fabrics for the production of a diverse range of products utilized in the region’s established and high-growth transportation industry is the key factor driving the Europe flame resistant fabrics market. Countries such as Italy and Germany are expected to remain the leading demand drivers of the region’s flame resistant fabrics market due to the high demand from end-use industries such as car racing.
Asia Pacific is presently the second-leading consumer of flame resistant fabrics and is expected to remain one of the most promising regional markets for flame resistant fabrics in the next few years as well. The region features a rapidly expanding industrial sector across countries such as India and China and has a constantly rising human resource pool serving it. As a result, the demand for protective clothing is presently high and is expected to rise substantially over the next few years.
North America accounted for the third-largest share in the global market in 2015 and is expected to remain one of the leading consumers of flame resistant fabrics in the near future owing to strict employee safety regulations. The market for flame resistant fabrics is also expected to witness sizeable traction in the Middle East and Africa owing to encouraging growth observed in the industrial sector of late.
Some of the key vendors operating in the market are Teijin Aramid, TenCate, DuPont, Lenzing AG, and Milliken & Company.
Labels:
Location: Albany, NY 12207, USA

Comments

Post a Comment

Popular posts from this blog

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a
Post a Comment
Read more

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @  http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had
Post a Comment
Read more

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @   http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi
Post a Comment
Read more