Fire Resistant Fabrics Market worth $4.3 billion by 2026 | Key players Kaneka Corp, Teijin Ltd., Huntsman Corp, Lenzing Ag, Solvay S.A.

According to recent market research "Fire Resistant Fabrics Market by Type (Treated (FR Cotton and FR Viscose), Inherent (Aramid and PBI)), Application (Apparel, Non-apparel), End Use industry (Industrial, Defense & Public Safety Services, Transportation) - Global Forecasts to 2026", The Fire Resistant Fabrics Market is projected to reach USD 4.3 billion by 2026, at a CAGR of 6.1% from USD 3.2 billion in 2021.

Browse 255 market data Tables and 62 Figures spread through 291 Pages and in-depth TOC on "Fire Resistant Fabrics Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/fire-resistant-fabric-market-185633312.html

The growth of the fire-resistant fabrics market is primarily triggered by growing concern towards safety at workplace. Industrial protective clothing is the major application for fire-resistant fabrics. Protective clothing is used in key end-use industries such as chemicals, construction, and oil & gas. Among these industries, the major demand has been recorded by the oil & gas sector. Hazardous working conditions necessitate the use of fire-resistant clothing in the industry. The employers have shown increased concern over the safety of their employees due to the regulations in effect and the hidden and direct costs associated with an accident in the workplace. These factors have increased the demand for fire-resistant fabrics to a great extent, which will continue to grow as developing economies start regulating protection equipment in their domestic industrial sector.

Treated fire-resistant fabrics accounted for the largest share of the overall fire-resistant fabrics market, in terms of value, in 2020. The dominance of treated fabrics is mainly due to their low cost. These fabrics do not possess fire resistance nature in their chemical structure. They are made fire resistant with the help of various chemicals. Chemical additive is treated with the fabric to provide fire resistance to that particular fiber. When exposed to fire, these fabrics rely on chemical reaction to extinguish the fire. There may be a possibility that the fire resistance property of the treated fabric getting washed out through use or laundering.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=185633312

The fire-resistant fabrics market size is projected to reach USD 4.3 billion by 2026 from USD 3.2 billion in 2021, at a CAGR of 6.1%. Growing concern towards safety at workplace is expected to support the growth of the fire-resistant fabrics market. However, huge investment in R&D and high cost of fire-resistant fabrics is restraining the growth of the market. On the other hand, innovation in product development has created opportunities for manufacturers.

E.I. DuPont De Nemours and Company (U.S.), Kaneka Corporation (Japan), PBI 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), W. L. Gore Associates Inc. (U.S.), are the major players in this market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=185633312

DuPont is one of the world’s leading manufacturers and innovators of advanced materials, fabrics, polymers, and various industrial products. The company operates in North America, Europe, the Middle East & Africa, Asia-Pacific, and Latin America.

Teijin Ltd. is involved in the production and distribution of advanced textiles, composite materials, technical textiles, healthcare products, industrial textiles, and clothing materials. The company is operating their business through five reportable segments, namely, materials, healthcare, fibers & products converting, IT and others. It offers fire resistant fabrics through the fibers & products converting business segment.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/fire-resistant-fabric.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/fire-resistant-fabric-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.