Press release
Fire Resistant Fabric Market | Growth Trends, Demand & Industry Forecast 2024-2031 | Newtex Industries Inc., Lenzing AG, Solvay S.A.
The Global Fire Resistant Fabric Market size is estimated to have reached around USD 5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 7.5 billion by 2031. The market is growing at a CAGR of 5% during the forecast period (2024-2031).Fire Resistant Fabric Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Fire Resistant Fabric market focuses on textiles designed to withstand high temperatures and prevent flame spread, ensuring safety in industries like firefighting, military, oil & gas, and construction. Rising workplace safety regulations, increasing demand for protective clothing, and advancements in durable, lightweight fire-resistant materials are driving market growth globally.
List of the Key Players in the Fire Resistant Fabric Market:
DuPont (Dow Inc.), PBI Performance Products Inc., Koninklijke Ten Cate nv, Glen Raven, Inc., Huntsman International LLC, Newtex Industries Inc., Lenzing AG, Solvay S.A., Milliken & Company and Teijin Aramid.
Industry Development:
In June 2022, DuPont introduced a flame-resistant (FR) fabric featuring a bio-based chemical-repellent coating designed to enhance worker safety while promoting sustainability in protective clothing. As part of its personal protective equipment (PPE) innovations, DuPont Nomex Comfort with EcoForce technology provides top-tier flame and chemical protection, addressing both safety and environmental concerns.
In June 2022, Franklin Products, Tapis Corporation, and Ultrafabrics collaborated to develop Atago, an innovative fire-retardant fabric solution incorporating a state-of-the-art fire-blocking backcloth, reinforcing fire safety in various applications.
Growth Forecast Projected:
The Global Fire Resistant Fabric Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Fire Resistant Fabric Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Fire Resistant Fabric Market:
By Product: Inherent fire-resistant fabric, Treated fire resistant fabric.
By Application: Apparel, Non-Apparel.
By End-User: Defense, Transportation, Oil and Gas, Others.
Regional Analysis for Fire Resistant Fabric Market:
The regional analysis of the Fire Resistant Fabric Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Fire Resistant Fabric market?
➠ Who are the leading manufacturers in the global Fire Resistant Fabric industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Fire Resistant Fabric industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Fire Resistant Fabric market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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