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Showing posts with the label Flame Resistant Fabrics Market Research

Flame Resistant Fabrics Market: Stringent Government Regulations to Promote Use in High-risk Operations, TMR

The global flame resistant fabrics market features a highly fragmented vendor landscape. In order to overcome the fierce competition that a fragmented arena invariably bears, companies in the market are banking on strategies such as research and development and distribution agreements, finds Transparency Market Research (TMR) in a new study. Product portfolio diversification and cost effective product development are among the key areas of focus for the leading players. “The market is primarily dominated by multinational organizations with proprietary technologies,” says the author of the report. DuPont, Teijin Aramid, Lenzing AG, Milliken & Company, and TenCate are among the leading players in the global flame resistant fabrics market.   TMR analysts have pegged the opportunity in the global market for flame resistant fabrics at US$3.6 bn in 2015. The market is expected to be worth US$6.5 bn by the end of 2024, rising at a CAGR of 6.8% between 2016 and 2024.  ...

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. View E...