Fire Resistant Fabrics Market Segmentation by Type (Treated [FR Cotton, and FR Viscose], Inherent [Aramid, and PBI]); by Application (Apparel, and Non-Apparel); and by End Use Industry (Industrial, Defense & Public Safety Services, Transportation, and Others)-Global Supply & Demand Analysis & Opportunity Outlook 2023-2035.
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Product Code:
RP-ID-10070792 -
Published Date:
13 Dec 2022 -
Region:
Global
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Category:
Chemicals -
Publisher:
Pub-ID-54
Impact Analysis on the Growth of Market
Inflation and Looming Recession to Haunt Businesses:
In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.
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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.
With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.
Market Overview:
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Definition of Fire-Resistant Fabrics
Fabrics that can resist heat and flames for a long period are known as fire-resistant fabrics. These fabrics are used in the form of major safety tools in a wide range of commercial, industrial, and municipal verticals. These are chemically flame-retardant fabrics and these fabrics burn at a very slow rate since they are provided a special flame-retardant coating. These fabrics are generally made from nylon and polyester.
Global Fire-Resistant Fabrics Market: Key Insights
Base Year |
2022 |
Forecast Year |
2023-2035 |
CAGR |
~8% |
Base Year Market Size (2022) |
~ USD 3 Billion |
Forecast Year Market Size (2035) |
~ USD 8 Billion |
Regional Scope |
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Global Fire-Resistant Fabrics Market Highlights Over 2023 - 2035
The global fire-resistant fabrics market is estimated to garner a revenue of ~ USD 8 Billion by the end of 2035 by growing at a CAGR of ~8% over the forecast period, i.e., 2023 – 2035. Further, the market generated a revenue of ~ USD 3 Billion in the year 2022. The growth of the market can be attributed to the increasing usage of fire-resistant fabrics by firefighters in different industries, and the increasing demand for fabrics as protection barriers in case of explosion, direct exposure to fire, or arc flashes in home and commercial environments. It is estimated that approximately 30,000 arc incidents occur every year, resulting in an average of 7,000 burn injuries.
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Global fire-resistant fabric trends such as rising demand for motor-racing apparel owing to the rising inclination of the global population toward racing sports are anticipated to influence the market growth positively over the forecast period. The racing apparel segment was estimated to grow by approximately ~USD 1 billion between 2022 to 2026. Furthermore, an increment in skydiving incidents on account of a lack of safety protocol is also expected to propel the growth of the market over the forecast period. In 2019, around 16 major skydiving accidents took place in the United States.
Global Fire-Resistant Fabrics Market: Growth Drivers and Challenges
Growth Drivers
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Rising Demand for Motor Racing Apparel
Crash prevalence in elite motor racing games was found to be close to 10 per hundred rider hours globally.
The rising concern for accidents witnessed in elite motor racing games is one of the major factors anticipated to drive the demand for motor racing apparel, which usually are made of fire-resistant fabrics. These fabrics are equipped with features that lower the possibility of any fire-related accident. These fabrics provide excellent thermal barriers so the rider can escape any burning environment to avoid significant burns.
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Growth Demand for Fire-Resistant Fabric in the Navy & Military
As of 2021, the total military expenditure was estimated to hit approximately USD 2000 billion across the globe.
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Higher Utilization of Fire-Resistant Fabric to Make Pilot Uniforms
In 2021, more than 1400 pilots were observed to be employed with an aeronautical rating.
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Escalated Requirement to Prepare Parachute Fabrics
In 2019, around 3 million jumps were recorded at around 16 skydiving facilities located in the United States.
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Skyrocketing Prevalence of Electrical Breakdown
For instance, in the USA nearly 6 to 10 electrical explosions take place per day while over 1500 individuals become the victim of burn owing to arc flash every year.
Challenges
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Expensive Production of Fire-Resistant Fabrics
Fire-resistant fabrics are synthetic fibers that resist ignition for a long duration. Additionally, materials such as aluminum sulfate, Boric acid, borax powder, and others are made to prepare the fire-resistant fabric. Therefore, the production process becomes costly. Hence, this factor is anticipated to hamper the market's growth over the forecast period.
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Lack of Awareness About These Fabrics Amongst Several End-Users
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Complexities in Sourcing Raw Materials Used to Manufacture These Fabrics
The global fire-resistant fabrics market is segmented and analyzed for demand and supply by end-use industry into industrial, defense & public safety services, transportation, and others, out of which, the transportation segment is anticipated to hold the largest market share during the forecast period. The segment's growth can be attributed to the higher utilization of fire-resistant fabric to construct pieces of baggage and cargo for the safe delivery of the items being exported and imported. As of 2021, the volume of air cargo was estimated to rise by nearly 19% across the globe.
Global Fire-Resistant Fabrics Market Regional Synopsis
The North American fire-resistant fabrics market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035. The market growth in the region is attributed to the higher prevalence of fire incidence in the region owing to growing industrialization and escalation in government initiatives to promote fire safety. For instance, every 25 seconds, the US fire department received a report of fire incidents in 2021.
Market Segmentation
Our in-depth analysis of the global fire-resistant fabrics market includes the following segments:
By Type |
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By Application |
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By End Use Industry |
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Key Companies Dominating the Global Fire-Resistant Fabrics Market
Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global fire-resistant fabrics market that are included in our report are DuPont, TEIJIN LIMITED, KANEKA CORPORATION, PBI Performance Products (InterTech Group Inc.), Westex (Milliken), Huntsman International LLC, LENZING AG, Solvay, W. L. Gore & Associates, Inc., TenCate Protective Fabrics, and others.
Global Fire-Resistant Fabrics Market: Latest Developments
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May 2022: The Royal Navy of the United Kingdom announced that the Royal Navy sailors will receive new uniforms by the end of 2023 which will be made from flame-resistant fiber – Nomex.
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December 2018: Solvay introduced PROBANK a molecularly designed composite material of cotton, integrated with a manufactured polymer. This can be an appropriate personal protective equipment (PPE) for workers to be protected from common workplace risks such as flash fire, molten metal, or electric arcs
Geography Analysis:
The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:
- North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook
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FREQUENTLY ASKED QUESTIONS
Skyrocketing prevalence of electrical breakdown is estimated to majorly boost the market growth.
The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2023 – 2035.
Costly production of fire-resistant fabrics is estimated to become the major restraint of the market growth over the forecast period.
The market in North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are DuPont, TEIJIN LIMITED, KANEKA CORPORATION, PBI Performance Products (InterTech Group Inc.), Westex (Milliken), Huntsman International LLC, LENZING AG, Solvay, W. L. Gore & Associates, Inc., TenCate Protective Fabrics, and others.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, application, end-use industry, and region.
The transportation segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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- DuPont
- TEIJIN LIMITED
- KANEKA CORPORATION
- PBI Performance Products (InterTech Group Inc.)
- Westex (Milliken)
- Huntsman International LLC
- LENZING AG
- Solvay
- W. L. Gore & Associates Inc.
- TenCate Protective Fabrics,