PUBLISHER: Value Market Research | PRODUCT CODE: 1547337
PUBLISHER: Value Market Research | PRODUCT CODE: 1547337
The global demand for Flame Retardant Fabric Market is presumed to reach the market size of nearly USD 7205.43 Million by 2032 from USD 3896.28 Million in 2023 with a CAGR of 7.07% under the study period 2024-2032.
Flame retardant fabric is a material that is specially designed to resist combustion. It is manufactured using fireproof fibers. The textile used in such fabric is chemically treated, or a special kind of flame-retardant coating is used on the fabric. Flame retardant fabric is worn as a safety tool, and it is intended to reduce fire hazards. It can withstand heat and burns slowly when compared to any normal fabric. Flame retardancy is categorized into three types, namely FR (flame retardant), IFR (inherently flame retardant), and DFR (durably flame retardant). Typically, flame retardant fabrics are made up of synthetic fibers as their melting point is high and thermal conductivity is low. Such fabric complies with safety guidelines. Flame retardant fabric is prevalent in many applications such as industrial, automotive, aeronautical, construction, chemical, firefighting, hospitals, military, oil & natural gas, among others.
The prime factor causing market growth is rapid industrialization and increasing focus on safety resulting in increasing adoption of flame retardant fabric. The flame retardant fabric market is expected to have promising growth opportunities due to accelerated demand for such fabrics in the electrical industry to reduce the flammability of semiconductors. Government rules and regulations make flame retardant fabric mandatory in the chemical and oil & natural gas industry. The risk of fire-related accidents is relatively high, and stringent regulations related to workplace safety will bring new growth opportunities for the market. Furthermore, improvement in flame retardants, for instance, polymeric materials, is fueling its demand in the electronics industry, thereby contributing to the growth of flame retardant fabric. On the other hand, flame retardant compounds used in the fabric may affect health and the environment as they contain certain harmful chemicals that release carbon dioxide and hydrogen cyanide when it gets ignited. In addition, poor breathability and the high cost of manufacturing may restrict the growth of the flame retardant fabric market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Flame Retardant Fabric. The growth and trends of Flame Retardant Fabric industry provide a holistic approach to this study.
This section of the Flame Retardant Fabric market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Flame Retardant Fabric market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Flame Retardant Fabric market include TenCate Protective Fabrics, DuPont, Carrington Textiles, Milliken & Company, Teijin Aramid, Solvay, Ansell Limited, PBI Performance Products Inc., Guilford Performance Textiles, Westex By Milliken, Trevira GmbH, Mount Vernon Mills, Springfield LLC, Klopman International, W.L. Gore & Associates, Glen Raven Technical Fabrics, Arvind Limited. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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