The flame-resistant fabrics market is estimated at US$4.942 billion for the year 2019 growing at a CAGR of 5.64% to reach the market size of US$6.869 billion by 2025. Fire resistance fabrics are those types of fabrics that do not burn when they are exposed to direct fire, as their chemical structure is designed to resist the effects of fire such as burning or melting. The use of these fabrics for personal protection across the various end-user industries is one of the major factors for driving the growth of this market. The growth of the market is also attributed to the rising adoption of these fabrics across the different industry verticals such as oil and gas and chemical among others. These industries have a high demand for flame resistant fabrics owing to high-risk factors for accidents in such industries. The rising concerns regarding the safety of the workers coupled with stringent regulations regarding public safety are the key factors expected to drive the demand for these fabrics over the coming years. Furthermore, technological advances and burgeoning investments by numerous players in the R&D to bring out state-of-art products and technology with an aim to expand their share in the market and also to gain a competitive edge also shows the potential for the growth of flame-resistant fabrics market during the coming years. For instance, the Coats Group plc, a UK based company and one of the world’s leading manufacturer of sewing thread, supplies, zips, and fasteners among others, recently announced the launch of its latest FlameProTM Splash Protect, a flame and heat resistant fabric for targeting and capturing a share in the personal protection sector in September 2019. Similarly, in October 2018, DuPont introduced the latest Nomex® Comfort, its latest offering of flame-resistant PPE fabric for the industrial, emergency response and lab safety purposes.
Furthermore, the growing importance of public and worker safety is further leading to boost the adoption of flame-resistant fabrics and also for fire prevention purposes. For instance, in January 2017, SEFAR® Architecture’s TENARA® Fabric was registered under California Title 19, which was established by the California State Fire Marshal as a flame-resistant product, due to critical consideration regarding fire prevention in the public places. In addition, the safety of the workers at the workplace is also considered as one of the major concerns, especially for government organizations. Numerous regulations by the governments of various countries set the standards for the use of safety equipment and clothing for the workers across the numerous end-user industries depending on the type of work environment they are exposed to. Such as the Occupational Safety and Health Administration (OSHA), by the U.S Department of labor, which has set the guidelines for the enforcement of the apparel standard and enforces the policy for flame-resistant clothing for the oil and gas industry by making it mandatory for workers to wear these type of clothing.
Inherent Fabrics expected to grow substantially over the forecast period
On the basis of type, the global flame resistant fabrics market has been segmented on the basis of treated and inherent. The market for treated fabrics is expected to hold a noteworthy share in the market owing to the low costs associated with these types of fabrics, as materials used to make these fabrics can be non-flame resistant and can be further treated to make them flame resistant. Furthermore, the market for inherent fabrics is projected to have decent growth over the forecast period owing to high demand for inherent fabrics from the developed regions due to owing to high spending capability on high-performance products, thereby adding up to the growth of this segment throughout the forecast period.
Aerospace and Defence expected to hold a noteworthy market share
On the basis of industry vertical, the market has been classified into chemical, aerospace and defense, oil and gas, government and others. The aerospace and defense sector is projected to hold a good share in the market owing to the high demand for these fabrics in military and law enforcement services. The growth of the market for the aerospace and defense industry is majorly attributed to the steady increase in defense budget allocation by countries towards strengthening their defense capabilities aimed at mitigating different levels of security threats by major developing industries such as China, India, and Indonesia among others. For instance, military spending in China increased from US$ 115.712 billion in 2010 to US$ 249.997 billion by 2018(Source: The World Bank).
The chemical and oil and gas industries are also projected to show good growth over the coming years as there is a high demand for these types of fabrics in these industries on account of the government regulations which mandated the use of these fabrics for worker safety, is the key factor driving the growth for these industries.
The Asia Pacific is expected to show notable growth during the next five years
Geographically, the market has been segmented into North America, South America, Europe, Middle East, and Africa and Asia Pacific. The Asia Pacific region is expected to show good growth over the forecast period of 2020 to 2025. The rapid industrialization in major emerging economies such as India and China coupled with the growth of the numerous end-user industries are the key factors that collectively contribute towards the growth of the market in the Asia Pacific region. North America and the European region are projected to hold a noteworthy share in the global market on account of stringent government regulations regarding worker safety which is further leading to the high adoption of flame-resistant fabrics in these regions. In addition, the presence of a well-developed oil and gas industry coupled with its high growth are also some of the key factors for the leading position of North America in the global flame resistant fabrics market.
The major players discussed in the report include Dupont, TEIJIN LIMITED, PBI Performance Products Inc., Solvay, Trevira GmbH and, Coats Group plc among others.