PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1603755
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1603755
According to Stratistics MRC, the Global Fire Resistant Protective Wear Knitted Fabric Market is accounted for $624.38 million in 2024 and is expected to reach $958.24 million by 2030 growing at a CAGR of 7.4% during the forecast period. Fire-resistant protective wear knitted fabric is specially designed to offer enhanced safety and protection in hazardous environments where exposure to flames, heat, or electrical hazards is a concern. This fabric lowers the chance of burns or other injuries by acting as a barrier against direct flame contact and is made from fibers that are naturally flame-retardant or treated with fire-resistant coatings. The fabrics knitted structure guarantees breathability, comfort, and flexibility, making it appropriate for extended wear. Better mobility is also possible without sacrificing protection. Moreover, fire-resistant knitted fabrics, which are widely, used in sectors like manufacturing, electrical, oil and gas, and fire fighting, satisfy a number of international safety standards and guarantee dependable performance in hazardous situations.
According to the U.S. Bureau of Labor Statistics (BLS), there were approximately 47,000 injuries related to fire and burns in the workplace in 2020. The BLS data highlights the importance of proper fire-resistant clothing in mitigating these risks and underscores the ongoing need for protective wear that meets fire safety standards.
Growing safety guidelines
A primary factor propelling the market for fire-resistant protective apparel is the enforcement of strict safety regulations. Personal protective equipment (PPE) is required by law in a number of industries to protect employees from heat-related risks. Adherence to these regulations not only safeguards employees but also reduces legal risks for businesses. Additionally, the need for compliant fire-resistant fabrics is anticipated to grow dramatically as sectors like manufacturing, construction, and oil and gas are subject to heightened worker safety scrutiny.
Exorbitant production costs
Advanced manufacturing processes and premium raw materials are needed to produce fire-resistant textiles, which raises production costs. In developed economies, where labor and operating costs are higher, this is especially noticeable. A further factor in the overall cost structure is the expenditures related to research and development (R&D) for novel fire-resistant technologies. Furthermore, this could make it difficult for producers to offer goods at competitive prices, which would restrict their market reach and possibly lower demand overall.
Growing attention to worker safety
Employee protection is becoming a top priority for industries as a result of stricter regulations being enforced globally and growing awareness of workplace safety. The use of flame-resistant clothing in high-risk situations is required by safety standards, which are being enforced by governments and regulatory agencies. Demand for protective clothing that can withstand fire is predicted to rise sharply as a result of this trend. Moreover, businesses that can provide compliant goods that fulfill or surpass these requirements will have no trouble expanding their market share.
Competition from alternative solutions
The market is seriously threatened by the growing acceptance of less expensive substitutes for fire-resistant protective gear. Personal protective equipment (PPE) that may not adhere to stringent fire resistance standards but is thought to be sufficient for specific applications is being used by many industries. Cost-conscious consumers find these alternatives appealing because they frequently have lower prices. Additionally, the demand for high-end fire-resistant fabrics may decrease as businesses put financial restraints first, which could result in a loss of market share for well-established manufacturers.
The market for fire-resistant protective wear knitted fabric was affected by the COVID-19 pandemic in a variety of ways. Due to a decrease in economic activity and the temporary closure of numerous industries, the market initially saw a drop in demand, which reduced the need for protective gear in industries like manufacturing and construction. However, the pandemic also boosted the need for fire-resistant textiles in sanitary and medical settings, where personal protective equipment (PPE) became crucial. For manufacturers, this dual effect brought about both opportunities and challenges. Driven by continued safety regulations and a renewed focus on protective wear across various sectors, the market's long-term outlook remains positive as industries gradually reopened and prioritized worker safety.
The Cotton FR Blends segment is expected to be the largest during the forecast period
The segment that is expected to hold the largest share is Cotton FR Blends. This market has grown significantly because of its affordability, breathability, and comfort, which makes it a popular option for a variety of uses, especially in manufacturing and firefighting. In order to improve their flame resistance and meet safety regulations while maintaining the desirable qualities of cotton, cotton FR blends are usually made by chemically treating cotton fibers. Moreover, chemically treated cotton's market dominance is further supported by the fact that it is widely used in developing nations and provides an affordable alternative to traditional protective clothing without sacrificing safety.
The NFPA 1971 segment is expected to have the highest CAGR during the forecast period
Over the course of the forecast period, the NFPA 1971 segment is anticipated to have the highest CAGR. To guarantee that firefighters are sufficiently shielded from thermal hazards and other risks related to their line of work, NFPA 1971, which establishes the requirements for protective ensembles for proximity and structural firefighting, is essential. This market is anticipated to grow considerably as fire safety laws become stricter and as the need for cutting-edge protective equipment increases as firefighter safety becomes more important. Additionally, the emphasis on enhancing clothing's performance, resistance to contamination, and cleanliness fits with changing industry demands, which propels the market's expansion.
Due in large part to the presence of significant industry players and strict safety regulations, the North American region holds the largest share of the fire-resistant protective wear knitted fabric market. In addition to guaranteeing a strong demand for protective apparel that complies with regulations, this regulatory framework encourages manufacturers to innovate in order to create cutting-edge materials that satisfy these requirements. Furthermore, the concentration of top businesses in North America strengthens the region's dominant position in the market by fostering ongoing advancements in fabric technology and improving competitive dynamics.
The fire-resistant protective wear knitted fabric market is anticipated to grow at the highest CAGR in the Asia-Pacific region. Rapid industrialization, stricter safety laws, and growing awareness of workplace safety standards in nations like China and India are the main drivers of this growth. The need for protective gear that satisfies strict safety regulations is growing as these countries develop their infrastructure and manufacturing industries. Moreover, companies are investing in premium fire-resistant textiles to protect workers from thermal hazards as a result of the expanding blue-collar workforce in these developing nations.
Key players in the market
Some of the key players in Fire Resistant Protective Wear Knitted Fabric market include DuPont de Nemours, 3M Company, Sintex Inc., XM Textiles, Hai Huei International Corp., Nam Liong Global Corp., Solvay, Teijin Limited, Westex Inc., Hornwood Inc., Gehring-Tricot Corp., Henan Zhuoer Protective Technology, Toray Industries, Baltex and Marback Tricot AB.
In November 2024, Solvay has signed an agreement to license its advanced hydrogen peroxide technology to North Huajin Refining and Petrochemical Company for the production of 300 kilotons of propylene oxide annually at North Huajin's Panjin facility in Liaoning Province, China. The launch is targeted for 2026.
In March 2024, 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M - a high-strength, low-density hollow glass microsphere. The collaborative research will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.
In May 2023, Toray Industries, Inc., announced that it has signed a four-year global partnership agreement with star Japanese sprinter Abdul Hakim Sani Brown. Under this arrangement, he will receive support from Toray and appear in its advertisements while helping develop materials and taking part in its social contribution initiatives.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.