Fire Resistant Fabrics Market to 2023 Report on Industry Insights, Market Overview, Top Company Players 2023
Fire Resistant Fabrics Market Report offered by Market research future.com gives a market overview of the Fumed Silica industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2023.
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), Inc. (U.S.), and others.
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Fire Resistant Fabrics Market :
The global fire resistant fabrics is a lucrative market and are expected to grow at a considerable CAGR over the review period. Fire resistant fabrics are a class of textiles that are designed to withstand heat and resist burning. The growing regulation on work safety coupled with the increasing adoption in the industrial sector are the major factors driving the global fire resistant fabrics market. Fire resistant fabrics are extensively used in various end-use industries such as building and construction, oil and gas, firefighting, and military & defense among others. However, volatile raw material cost along with the high production cost may hamper the market growth over the assessment period. Furthermore, the development of environment-friendly fire resistant fabrics, with low toxicity, and smoke, is anticipated to be the major opportunity to investment over the forecast years.
Fire Resistant Fabrics Segmental Analysis
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.
Fire Resistant Fabrics Market Regional
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.
Full report on Fire Resistant Fabrics Market report spread across 139 pages, profiling 15 companies and supported with tables and figures available @https://www.marketresearchfuture.com/reports/fire-resistant-fabrics-market-5448
Intended Audience
- Fire resistant fabrics market manufacturers
- Traders and Distributors of fire-resistant fabrics market
- Production process industries
- Potential investors
- Raw material supplier
- Nationalized laboratory