Fire-Resistant Fabrics Market Specifications, Production, Growth Rate and forecast by 2022

Fire-Resistant Fabrics

The report on Fire-Resistant Fabrics Market sheds light on the important developments impacting and increasing the growth of the Fire-Resistant Fabrics market including its restraints, drivers and prospects. The Fire-Resistant Fabrics market report proposes complete synopsis of the market, covering several characteristics such as product definition, market breakdown based on several constraints, supply chain analysis, and the fundamental Key Players outlook.

The report on Fire-Resistant Fabrics Market will help Major Players and the new entrants to understand and scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.

Description:

The global fire-resistant fabrics market is expected to register a CAGR of approximately 6.28% during the forecast period of 2018–2023. The market is primarily driven by stringent industrial regulations to maintain safety at the workplace in oil & gas, mining, and construction industries.

Industrial Regulations Driving the Market

Workers’ protection norms and safety at the workplace is given prime importance in oil & gas, mining, pulp & paper, etc., industries around the globe. The increasing demand in home and commercial furnishing industry is further driving the use of fire-resistant fabrics. The Furniture and Furnishing Regulations, 1988 (amended in 1989, 1993, and 2010) set levels for fire regulations in furniture products. European countries, particularly the United Kingdom, have set highest fire safety standards, which is likely to drive the fire-resistant fabrics market.

Transport End-user to Dominate the Market

The global fire-resistant fabrics market, based on end-user application, can be broadly segmented into industrial protective and mining clothing, transport, defense and firefighting services and others. Industrial protective and mining clothing is expected to dominate the fire-resistant fabrics market with a share of more than 45%, owing to increasing demand from oil & gas, construction and manufacturing, mining, and chemical industries. Transport application is expected to have the fastest growing market due to increase in foreign investments for the construction of better railways, metro and rail networks in the Middle-Eastern countries.

Rising Investments in Transportation Sector in Asia-Pacific

The market, based on the geographic area, is segmented into Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. In terms of consumption, Asia-Pacific held a significant market share In 2017. Asia-Pacific is also expected to be an emerging market during the forecast period with rising investments in transportation and industrial sectors, along with strict governmental regulations for employees in China, India, and Japan. Europe accounts for the second highest market share in fire-resistant fabrics.

Major players are DowDuPont, Huntsman International LLC, Solvay, and W. L. Gore & Associates, Inc., amongst others.

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Fire-Resistant Fabrics market report provides the comprehensive analysis of the market, based on leading players of present, past of Fire-Resistant Fabrics Industry and resourceful data that will act as a supportive guide for leading players.

Major Key Players of Fire-Resistant Fabrics Market Report: DowDuPont, Huntsman International LLC., Solvay, W. L. Gore & Associates, Inc., Glen Raven, Inc., Kaneka Corporation, Lenzing AG, Pbi Fibers International, Royal Tencate N.V., Teijin Limited, Westex By Milliken, Newtex Industries, Inc..

Key Issues Addressed in this Report:

  • Competitive Landscape and Strategic Recommendations
  • The market forecast and growth areas for Fire-Resistant Fabrics Market
  • Evolving market trends and dynamics
  • Changing supply and demand scenarios
  • Changing Market Trends and Emerging Opportunities
  • Historical shipment and revenue
  • Analysis key applications
  • Main Players market share

Reason to Purchase the ReportTo understand the impact of various factors on the market.Analyzing various perspectives of the market with the help of Porter’s Five Forces Analysis.To understand the dominating type and end-user application in the market.Identify the countries expected to witness the fastest growth during the forecast period.Identify the latest developments, market shares, and strategies employed by the major market players.3-month analyst support along with the Market Estimate sheet (in Excel).

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In a word, the Fire-Resistant Fabrics Market report provides major statistics on the state of the Fire-Resistant Fabrics industry and is a valuable source of guidance and direction for companies and individuals interested in the market.