Permanent Flame Retardant Fiber Market to Witness a Phenomenal Growth by Reaching Over USD 7,326.80 Million by 2028

Major companies in the Permanent Flame Retardant Fiber Market are DowDuPont, Inc., Solvay S.A., W. L. Gore & Associates GmbH, Shaoxing Sanlida Textile Flame-Retardant New Materials Co., Ltd., Teijin Aramid B.V., TenCate Fabrics, Delcotex, SSM Industries Inc., Yantai Tayho Advanced materials Co. Ltd, Chao Meisi New Materials Co., Ltd., Unifi, Inc. ,Recron (Malaysia) Sdn. Bhd., Asahi Kasei Corp and among others. These players are set to bolster the development of the global Thermoform Packaging Market.

According to analysts at Zion Market Research, the global permanent flame retardant fiber market accounted for USD 4,371.96 Million in 2020 and is expected to reach USD 7,32.80 Million by 2028, growing at a CAGR of 6.61% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Permanent Flame Retardant Fiber Market By Type (PI (Polyimide), PAI (Polyamideimide), M-aramid (MetaAramid), PEI (Polyetherimide), PBI (Polybenzimidazole), Blends, Viscose Fibers and Others), By Application (Public Safety and Defense Services, Industrial, Industrial and Others) : Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Permanent flame retardant fiber consist of flame resistant properties and is used for wide range of applications which includes garments, furnishing and apparels for mining, construction & infrastructure, oil & gas, chemical and many other industries. Raw material involved in the manufacturing of the fabric is – acrylic, polyester, aramid, silk, wool and cotton. Fabric provides protection against direct & indirect exposure to chemicals, electric arc and fire.

By type, permanent flame retardant fiber is divided as PI, PAI, M-Aramid, PEI, PBI, Blends, viscous fiber and others. PAI is estimated to cover largest market value share and is estimated to grow further with prominent CAGR attributed to the prominent features of the fiber which includes significant mechanical, chemical and thermal properties and prominent choice for application where very high mechanical stiffness, low friction and strength in combination with corrosion, wear resistance and high temperature is required.

By application , permanent flame retardant fiber is segmented as Public Safety and Defense Services (Military, Police, Fire Fighting), Home Furnishing Decoration, Industrial (Automotive, Transportation, Construction, Marine, Aerospace) and Others. Industrial segment is estimated to cover largest market value share owing to the fact of growing demand from construction and infrastructural industry. Moreover, accelerated growth witnessed in automobile and aerospace industry is further propelling the demand of permanent flame retardant fiber in the global market.

By region, permanent flame retardant fiber is segmented as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. Europe is estimated to largest market value share in the permanent flame retardant fiber market. Moreover, China is estimated to show highest CAGR growth owing to growing industrialization and rapid urbanization in emerging economies of Asia Pacific.

Asia Pacific region will have a substantial growth in the forecast timeframe. The growth is attributed to the emerging economies such as India and China. China is the world‘s largest economy based on purchasing power parity with a GDP of USD 23.2 Trillion in 2017 and leading in many major industries such as mining & processing, energy, manufacturing, and agriculture. China is emerging economy of Asia Pacific and largest consumer country on global and regional level. Rapid Industrialization and rising demand for permanent flame retardant fiber from various sectors for fire safety is expected to enlarge the growth of permanent flame retardant fiber market in near future. It is the fastest growing market for permanent flame retardant fiber. Significant growth of various end-user industries at the speedy pace will positively support the permanent flame retardant fiber market in the country.

Browse the full “Permanent Flame Retardant Fiber Market By Type (PI (Polyimide), PAI (Polyamideimide), M-aramid (MetaAramid), PEI (Polyetherimide), PBI (Polybenzimidazole), Blends, Viscose Fibers and Others), By Application (Public Safety and Defense Services, Industrial, Industrial and Others) : Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/permanent-flame-retardant-fiber-market

 The global permanent flame retardant fiber market is segmented as follows:

By Type Segment

• PI (Polyimide)
• PAI (Polyamideimide)
• M-aramid (MetaAramid)
• PEI (Polyetherimide)
• PBI (Polybenzimidazole)
• Blends
• Viscose Fibers
• Others

By Application Segment

• Public Safety and Defense Services
• Industrial
• Home Furnishing Decoration
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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