Press release
Flame Retardant Protective Wear Market Growing at a CAGR of 5.8% by 2032
Flame Retardant Protective Wear Market
Demand for flame retardant protective wear is majorly attributed to rising safety concerns among workers and increasing regulations laid down by Occupational Safety and Health Administration (OSHA). According to OSHA, the workers working in the electrical, manufacturing, and oil & gas sector must use flame retardant protective wear to ensure their safety.
The flame retardant protective wear market size was valued at $3.5 billion in 2022, and is estimated to reach $6.1 billion by 2032, growing at a CAGR of 5.8% from 2023 to 2032.
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Driving Factors:
The fire retardant protective wear market share is increasing rapidly as this protective wear can self-extinguish, and offers enhanced insulation against fire, flames thereby preventing severe injuries and burns. The flame retardant protective wear garments can be reused and laundered with proper measures. For instance, the flame retardant protective wear by International Enviroguard has an attached hood and offers protection against wide range of chemicals. It has elastic wrists, elastic in back to prevent rips & tears, resistance against vertical flames, and elastic ankles. In the oil & gas sector, the workers must be protected against flash fire during drilling and refining operations for which flame retardant protective wear is used. All these are the major factors projected to drive the flame retardant protective wear market growth during the forecast period.
The flame retardant protective wear is not entirely fireproof. Hence, the workers wearing these garments must avoid wearing synthetic garments under fire resistant clothing. For instance, t-shirts and other clothing made from synthetic materials can cause hazard if they melt onto the skin. This is a key factor anticipated to hamper the flame retardant protective wear market demand in the upcoming years.
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The flame retardant protective wear market share is segmented on the basis of material, product, end-use industry, and region. By material, it is classified into kevlar, modacrylic, nomex, and others. By product, it is classified into apron, coat, pant, jacket, sleeves, and others. By end-use industry, it is classified into electrical, oil & gas, construction & manufacturing, mining, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Top Runners:
The key players profiled in the flame retardant protective wear market report include ANSELL LTD, 3M, VF CORPORATION, Honeywell International Inc., Lakeland Inc, Kimberly Clark Corp, DuPont, SOLVAY, International Enviroguard, and W. L. Gore & Associates Inc.
The report offers a comprehensive studyof the global flame retardant protective wear market analysis by thoroughly studying various aspects of the market including major segments, market statistics, market dynamics, regional market outlook, importance of construction worker safety, investment opportunities, and top players working towards the growth of the market.
The report also highlights the present scenario and upcoming trends & developments that are contributing toward the flame retardant protective wear market trends. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter's five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.
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Table of Content:
Chapter 1 : INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
Chapter 2 : EXECUTIVE SUMMARY
Chapter 3 : MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
3.6. Brand Share Analysis
3.7. Key Regulation Analysis
3.8. Market Share Analysis
3.9. Patent Landscape
3.10. Regulatory Guidelines
3.11. Value Chain Analysis
Chapter 8 : COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022
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