Global fire resistant fabrics market is expected to register a substantial CAGR of 6.8% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. The rise in market value can be attributed to the growing industrialization, individual safety, increasing demand for fire resistant fabrics in home and commercial furnishing and increasing government initiatives.
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Major Market Competitors: Global Fire Resistant Fabrics Market
Some of the major players in global fire resistant fabrics market include DuPont, TEIJIN LIMITED, Pbi PRODUCTS, INC., Koninklijke Ten Cate bv., Westex, Gunei Chemical Industry Co., Ltd., Huntsman International LLC., LENZING AG, Solvay, W. L. Gore & Associates, Inc., Kaneka Americas Holding, Inc., Glen Raven, Inc., Charles Parsons, Banswara Syntex Limited, Trevira GmbH, Auburn Manufacturing, Inc., Taiwan K.K. Corp, Ada & Ina, KERMEL, XM Textiles, begoodtex co.ltd., Newtex Industries, Inc., and others
Major Market Drivers & Restraints
Stringent industrial regulations and standardization pertaining to safety at workplace
Growing demand from end-use industries
High cost of production and huge investment for R&D
Fluctuating raw material costs
Table of Contents
5.Global, By Component
Market Segmentation: Global Fire Resistant Fabrics Market
The global fire resistant fabrics market is segmented on the basis of type into treated fire-resistant fabrics, and inherent fire-resistant fabrics. The treated fire-resistant fabrics segment is sub segmented into fire-resistant cotton, fire-resistant viscose, fire-resistant polyester, and fire-resistant nylon 6. The inherent fire-resistant fabrics segment is sub segmented into aramid, pbi (polybenzimidazole), modacrylic, polyamide, and pi (polyimide).
On the basis of application, the global fire resistant fabrics market is segmented into apparel, and non-apparel.
On the basis of end-use industry, the global fire resistant fabrics market is segmented into industrial, defense & public safety services, transport, and others. The industrial segment is sub segmented into construction & manufacturing, oil & gas, and others. The defense & public safety services segment is sub segmented into military, and firefighting & law enforcement. The transport segment is sub segmented into railways, aircraft, marine, and automotive
On the basis of geography, the global fire resistant fabrics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Landscape: Global Fire Resistant Fabrics Market
The global fire resistant fabrics market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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