Press release
Cut Resistant Fabrics Market poised to garner maximum revenues during 2022-2031
The global cut resistant fabrics market was valued at US$ 5.1 Bn in 2021
It is estimated to grow at a CAGR of 5.1% from 2022 to 2031
The global cut resistant fabrics market is expected to reach US$ 8.4 Bn by the end of 2031
Analysts' Viewpoint on Cut Resistant Fabrics Market Scenario
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Rising safety concerns and awareness about industrial operations is boosting the demand for cut resistant fabrics. These fabrics can withstand wear and tear caused due to slashing or cutting action. High tensile modulus, tenacity, and elongation are key performance indicators of cut resistant fabrics. Cut-resistant materials are increasingly being utilized in sports and animal welfare apparel, as well as theft-proof beach bags, travel cases, and other novel types of storage protection. Manufacturers operating in the global market are focused on the development of lightweight, soft, and comfortable cut proof fabrics to gain revenue benefits. Majority of cut resistant fabrics are used by workers from flat glass handling, metal sheet pressing, and recycling, automotive and similar industries and by frontline professionals.
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Cut Resistant Fabrics Market Introduction
Fabrics that withstand cuts and abrasions that result from coming into contact with a knife's sharp edge, a tool's sharp edge, or other objects with sharp edges are always in demand. Demand for the production of protective or cut resistant clothes, such as gloves, is increasing in the meat-cutting industry. Cut resistant, or slash resistant fabric, can be used for handling glass and metal objects. Slash proof fabrics are also utilized in sportswear, auto upholstery, and packing materials. Cut resistant fabrics are created from polymeric and nonpolymeric high performance fibers such as high tenacity polyester, nylon, lyotropic polymer fibers, gel spun fibers, and thermotropic liquid crystal polymer fibers.
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Enhanced Strength and Resistance against Abrasion Augments Aramid Segment
In terms of material, the cut resistant fabrics market has been divided into ceramic, quartz, fused silica, aramid, high performance polyethylene (HPPE), and others. Aramid was a dominant segment of the global cut resistant fabrics market in 2021. The segment is expected to maintain its dominance in the next few years. Aramid is known for its exceptional resistance to abrasion and cutting. It also outperforms steel and glass fibers of equal weight in terms of mechanical properties. The high performance polyethylene (HPPE) segment held 34.1 % share of the global cut resistant fabrics market in 2021. Market share held by the HPPE segment is expected to rise during the forecast period, owing to its high impact strength and high crystallinity.
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Analysis of Key Players in Global Cut Resistant Fabrics Market
The global cut resistant fabrics market is consolidated, with the presence of a few large-scale vendors that control majority of the share. Large-scale manufacturers with integrated operations experience competitive advantages due to easy access to raw materials and protection from volatility in raw materials prices. Expansion of product portfolios and mergers and acquisitions are major strategies adopted by key players. Some of the key players operating in the global cut resistant fabrics market are DuPont, Nam Liong Global Corporation, Beijing Tongyizhong Corporation, Shanghai Xianying Textile Limited, and Jiaxing Fuliong Textile Technology Co., LTD.
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