The Global Fire Resistant Fabrics Market is projected to reach a value of over USD 6.8 billion by 2027 at a CAGR of 5.1%.
The fire resistant fabrics are referred to as the protective clothing or fabric used across the hazardous or explosion proof areas to impart highest protection to the workers from the fire or flame. This fabric delivers higher comfort and acts as a barrier to the hazardous environment and worker for protection from the thermal exposure. The resistant fabric requires appropriate selection the materials, which might be inherited resistant to the flame or treated in order to prevent from sparks, catching and spreading the fire. These fabric has unique chemical structure that imparts flame resistance. Such fabrics are used in making of personal protective clothing, shield, work wear, firefighting uniforms, boots, and other wearable clothes along with upholstery and other non-wearable things.
Market Driver:
Fires and industrial explosion are common in the industrial facilities that cost huge to the companies and the government in terms of monetary and life loss. Statistics by the National Fire Protection Association (NFPA) United States, annually around 37,000 fires occur at industrial and manufacturing facilities accounting to huge loss of live. It further elaborates that in 2017, the industrial fire led to 18 civilian deaths, 279 civilian injuries, and USD 1 billion in property damage. In such conditions, protective clothing acts as the protection for the industrial workers for protection against thermal exposure, flash fire, arc flash and molten-metal splatter and related risks. Growing fire accidents in the industrial warehouse and manufacturing plant, results in higher need for industrial safety, which in turn, is driving the market growth.
Market Restraint:
The cost of the fire resistance fabric is relatively higher owing to excellent ability to resist the fire, flame and ignition source. The cost of these fabric further escalates as it is made from the unique materials such as Fire-Resistant Cotton, Aramid, Polyamide, Fire-Resistant Nylon 6 and others. Insufficient availability of the raw material with superior ability to minimize the fire hazards, drives the price upwards, contributing immensely in the pricing of the fire resistant fabrics. Due to aforementioned factors, the cost of the fire resistant fabrics gets higher, which impede the market growth.
The report on the Fire Resistant Fabrics market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Type, Application and End-Use |
Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Fire Resistant Fabrics Market, by Type
Fire Resistant Fabrics Market, by Application
Fire Resistant Fabrics Market, by End-Use
Fire Resistant Fabrics Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE FIRE RESISTANT FABRICS MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY