Fire Resistant Fabric Market - Global Industry Analysis

Fire Resistant Fabric Market

Fire Resistant Fabric Market Size, Trends,Growth and Forecast 2030

Category: Chemical & Materials Report Format : PDF Pages: 187 Report Code: ZMR-910 Published Date: Mar-2022 Status : Published

The global fire resistant fabric market was worth around USD 3285.9 million in 2021 and is estimated to grow to about USD 4634.7 million by 2028, with a compound annual growth rate (CAGR) of approximately 5.9 percent over the forecast period. 

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Fire resistant fabrics are the fabrics which are resistant to high temperature and fire. Fire resistant fabrics are known to be naturally resistant as compared to other fireproof fibers or chemically-treated fibers that are produced artificially. These fabrics are carbon-containing or organic materials which reduce a fire hazard. These fire resistant fabrics are widely used in applications such as work wear, firefighting uniforms, law enforcement services, transport, and residential & commercial furnishings. 
  
Fire resistant fabric market is likely to grow at the fastest growth rate with the increased demand from the chemical industry. Rapid industrialization in emerging countries like Brazil, Mexico, China, India, and Indonesia is propelling the growth of the automotive and construction industries. This, in turn, is expected to fuel the demand for fire resistant fabrics market. Moreover, the growing automotive industry is projected to boost the demand for fire resistant fabric market growth. Fire resistant fabrics are widely used in light trucks, professional racing cars, etc. However, fluctuating raw material cost along with the high production cost is likely to hinder the market growth over the assessment period. Besides, the environment-friendly development of fire-resistant fabrics, with low smoke and toxicity, is estimated to serve as an opportunity to market growth over the forecast years.   

Global Fire Resistant Fabric Market
     
Fire resistant fabric market is segmented on the basis of type, application, and end-user industry. The type segmentation of fire resistant fabric market includes FR viscose, FR cotton, FR nylon, FR polyester, PBI, aramid, modacrylic, polyamide, and others. The FR nylon and FR polyester are projected to be the major segments of the global fire resistant fabric market. Due to its versatility FR polyester fabrics are widely used in automotive and various other industries. This is likely to spur the demand for global fire resistant fabric market in the upcoming years. Based on the application, the global fire resistant fabric is segmented into non-apparel and apparel. Furthermore, the non-apparel application is sub-segmented into household & industrial and interior fabric for transportation. Amongst both applications, apparel segment is expected to grow at the fastest pace during the forecast period. Increasing demand from various end-use industries such as construction & manufacturing, oil & gas, mining, and chemicals are anticipated to increase the demand for fire-resistant fabric for apparel purpose. Moreover, the end-user industry of fire resistant fabric market includes oil & gas, construction & manufacturing, chemicals, mining, defense & public safety services, aircraft, marine, automotive, railways, and others. Increasing demand for fire resistant fabric from the industrial sector across the globe is likely to propel the fire resistant fabric market growth. 

The geographic analysis of fire resistant fabric market includes North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific was the leading consumer of the fire resistant fabric market in 2017 and is expected to continue its dominance in the market. Rising industrialization in the region has witnessed a high demand for fire resistant fabric in the automotive and oil & gas industries, which in turn is expected to drive the market growth in the region. Additionally, infrastructural development and growing economy in Brazil are likely to boost its acceptance within the region. Furthermore, developing economies of Asia Pacific, like India and China, are major markets for fire resistant fabrics due to increasing demand from the chemical industry.  
  
The global fire resistant fabric market consists of a large number of players and is highly fragmented. These players are primarily focusing on novel products and material offerings. Companies involved in the market are E.I. Dupont De Nemours and Company, Gun Ei Chemical Industry Co., Ltd., Huntsman Corporation, Royal Tencate Corporate EMEA, Solvay SA, PBI Performance Products, Inc., Milliken & Company, W.L. Gore & Associates, Inc., Lenzing AG, and Teijin Aramid, among others.

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