Fire Resistant Fabrics Market Share Analysis 2018, Updated Business Profile, Industry Overview, New Project Investment And Future Prospects By 2023

Fire Resistant Fabrics Industry 2018 Report offered by Market research future.com gives a market overview of the Fumed Silica industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2023.

Industry/ Innovation/ Related News:

14th December, 2016- Japanese based company Teijin Limited has made an addition to their product portfolio with the launch of ‘Xfire DENIM’. This new product is made from denim like aramid fiber fabric especially designed for fire corps. The product has enhanced flexibility and comfort which is expected to drive its market growth.

24th April, 2017- W.L Gore & Associates, Inc. made an innovation in the fire resistant fabrics market with the launch of products GORE PYRAD Fabric Technology. This new product provides enhanced thermal burn protection, comfort as well as environment protection. The product also possesses the ability to self-extinguish flames. This product is expected to augment the demand for the military and defense applications.

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Fire Resistant Fabrics Industry Key Players:

  • E.I. DuPont De Nemours and Company
  • Kaneka Corporation
  • PBI Performance Products
  • Royal TenCate N.V
  • Teijin Ltd.
  • Huntsman Corporation
  • W. L. Gore Associates

Fire Resistant Fabrics Market Regional Analysis:

The fire resistant fabrics Industry is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market and is expected to be the fastest growing region with an encouraging CAGR. Growing urbanization and the globalization in the developing nations are primarily driving the growth of the fire resistant fabrics market. Moreover, the burgeoning construction and the oil and gas industry in countries, such as India and China, is increasing the demand for fire resistant fabrics which, in turn, is propelling the market growth.

Segments:

Fire Resistant Fabrics Market is segmented into type, application, and end-user. On the basis of the type, the market is segregated into treated fire resistant fabrics, inherent fire resistant fabrics. The market for the application, the market is categorized into apparel and non-apparel. The market by the end use industry is further segregated into oil & gas, building & construction, defense and public safety, transportation, and others.

North America is another dominant region in the global market, exhibiting a high CAGR. The growing adoption of fire-resistant fabrics in the developed end-user industries is substantially driving the growth of the market.

Moreover, the growing oil and gas activities in the region coupled with developed transportation sector is further adding to the growth. The growing technological advancements in the region and the increasing research & development activities for the production of environment-friendly fire resistant fabrics are anticipated to positively affect the market growth.

Intended Audience:

  • Fire resistant fabrics industry manufacturers
  • Traders and Distributors of fire-resistant fabrics market
  • Production process industries
  • Potential investors
  • Raw material supplier
  • Nationalized laboratory

Fire resistant Fabrics Industry Competitive Landscape:

Most of these market participants are adopting the expansion, product launch, and merger and acquisition tactics to strengthen their production capacities and market position. Taking account of these trends the global Fire resistant fabrics Market is projected to witness considerable competition over the forecast period of 2017-2023.

North America is expected to be the dominant market whereas Asia Pacific is anticipated grow with the highest CAGR during the forecast period. The developed industries mainly in Canada and U.S. is fuelling the demand for fire resistant fabrics in the region. Furthermore, the presence of strict work safety regulation is also contributing to the demand for fire resistant fabrics various industries of the region.

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Intended Audience:

  • Manufacturers
  • Traders and Distributors of fire-resistant fabrics industry
  • Production process industries
  • Potential investors
  • Raw material supplier
  • Nationalized laboratory

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