Fire Resistant Fabrics Market worth $4.3 Billion by 2026 - Exclusive Report by MarketsandMarkets - Seite 2

Apparel is estimated to be the largest application of the Fire-Resistant Fabrics Market during the forecast period.

The apparel application accounted for the largest share in terms of value, of the overall Fire-Resistant Fabrics Market in 2020. The dominance of the apparel application is projected to continue during the forecast period owing to the high demand from the protective clothing sector. The non-apparel application registered a steady growth, between 2021 and 2026. The market for non-apparel application is mainly driven by the rising demand from transport and furniture sectors.

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APAC is estimated to be the largest market for fire-resistant fabrics during the forecast period.

APAC is the largest Market for Fire-Resistant Fabrics, followed by North America and Europe. Increasing awareness among consumers regarding the use protective clothing at workplace and implementation of stringent laws by regulatory authorities for labor safety, such as OSHA and other associations, are the key factors driving the growth of the Fire-Resistant Fabrics Market in APAC. Fire-resistant fabrics manufacturers are targeting this region as it is the strongest regional market for various applications, such as industrial protective clothing, defense & public safety services, and transport among others. The advantage of shifting production to the Asian region is that the cost of production is low here. Also, it is easier to serve the local emerging market. The lack of safety compliance in the industrial sector and limited use of fire-resistant fabrics in the military sector are the restraints for the market in Asia-Pacific.

The key market players profiled in the report include as E.I. DuPont De Nemours and Company (U.S.), Kaneka Corporation (Japan), PBI Performance Products Inc. (U.S.), Royal TenCate N.V. (Netherlands), Teijin Ltd. (Japan), Westex By Milliken (U.S.), Gun EI Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (U.S.), Lenzing Ag (Austria), Solvay S.A. (Belgium), W. L. Gore Associates Inc. (U.S.), among others.

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