Global Fire Resistant Fabrics Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Fire Resistant Fabrics Market” outlook and report – generated by Trusted Business Insights – has been segmented on the basis of type, application, and region, and includes a detailed view of the target market in order to ensure all components, information, and data are contained therein.

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Overview:

Fire resistant fabrics or textiles are designed to be more resistant to flame or fire and not burn easily because of their chemical structure. Some fire resistant fabrics are carbon-containing or organic materials that reduce potential of a fire hazard. These fabrics are recognized as more naturally resistant as compared to fireproof fibers or other chemical treatments that are artificially manufactured. Fabrics that are relatively more flammable can also be treated with fire-retardant chemicals, which can drastically improve these material’s fire resistant properties. Fire resistant fabrics are generally used in a range of applications such as for producing work wear, for firefighting uniforms, for use in challenging and potentially dangerous departments such as by law enforcement personnel, for transport applications, and residential and non-residential furnishings.

Dynamics:

Demand for fire resistant fabrics has been increasing from the chemicals as well as oil and gas industries, and this is among some of the major factors expected to drive growth of the global market during the forecast period. Stringent regulations and growing awareness about fire safety procedures in residential and commercial sectors are among other factors projected to propel growth of the global fire resistant fabrics market to a significant extent. In addition, concerns related to increasing potential of fire hazards arising from combustible dust explosions in the paper and pulp industry, flash fires, sparks and paint fumes, and also risks in the food processing industry are projected to drive market growth.

However, continuously fluctuating prices of raw materials used to produce fire resistant fabric, high investment for R&D, and high production cost are among some of the major factors expected to hamper growth of the global market to a certain extent over the forecast period.

Among some of the trends in the market, implementation of stringent government regulations related to use of fire-resistant wear and uniforms across a range of industries and integration of newer technologies and techniques to produce fire-resistant fabrics, have the most widely observed.

Segment Analysis

Among the type segments, the apparel segment is expected to contribute major revenue share in the global market as compared to projected revenue from the non-apparel segment. Use of fire resistant fabric in apparel and work wear is primarily to enable production of protective clothing that helps to protect from direct exposure to explosion, fire, or arc fire.

Among the application channel segments, the transport segment is projected to account for major revenue share in the global target market, and this can be attributed to growing infrastructure and development initiatives and projects such as metro and railway construction projects in a number of developing countries across the globe.

Regional Analysis

The Asia Pacific fire resistant fabrics market is expected to account for major share in terms of revenue and is projected to register the fastest Compounded Annual Growth Rate as compared to other regional markets during the forecast period. Economies such as India and China are high potential markets for sale as well as setting up of production facilities and plants for fire resistant fabrics owing to increasing demand from the chemicals industry in countries in the region.

North America market is also expected to register an inclining growth rate during the forecast period, but more stringent government regulations related to safety and protection are factors expected to create some friction to market growth. The market in Europe is also projected to register substantial growth in terms of revenue, owing to rising adoption and demand for fire resistant fabric in various end-use industries in countries in the region, and this is driven by implementation of norms and safety regulations for the workforce and personnel in high risk jobs in countries in Europe.

Global Fire Resistant Fabrics Market Segmentation:

Segmentation by Type:

Apparel
Non-apparel

Segmentation by Application:

Transport
Defense
Public Safety Solutions
Industrial Protective Clothing