Global Fire Retardant Fabrics Market to Reach USD 6.27 Billion by 2032, Growing at 6% CAGR

Fire Retardant Fabrics Market
Fire Retardant Fabrics Market

 

By 2032, the market for fire-retardant fabrics is projected to grow to a value of USD 6.27 billion. The demand for flame retardants is predicted to increase with the discovery of new application areas. The global market share of fire retardants was estimated by FMI to be worth USD 3.5 billion in 2022, and it is projected to increase at a compound annual growth rate (CAGR) of 6% from 2022 to 2032.

Industrially, the fire retardant fabrics are produced through the surface treatment of the fabric during the finishing process which in turn impart the flame-retardant property within it. Prevalently, fire retardant fabrics are used in the manufacturing of the protective wears.

Also, fire retardant fabrics find their application in the production of curtains, drapes, health care fabrics, tents, tarps, and military applications, among others. Generally, the Fire Retardant Fabrics are produced by incorporation of the fire resistance additives with man-made fibers or through synthesis of fire resistance copolymer with the fabric polymers.

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Fire Retardant Fabrics Market: Regional Outlook

Along with this, significant growth of the manufacturing sector in developing and developed countries have resulted in rising demand for Fire Retardant Fabrics in several application such as filtration, upholstery, and covering, among others. In terms of demand, the U.S. and EU-5 countries are a prominent markets for fire retardant fabrics.

This is mainly attributed to increasing disposable income, stringent safety norms, the steady growth of the manufacturing sector, growth of the furniture industry and rising housing sectors, among others. Additionally, the quality of the fabric & ergonomics plays a decisive role in the selection.

Thus, North America, followed by Europe fire retardant fabrics market is expected to register steady CAGR over the forecast period. Moreover, recent amendments in the safety norms and regulation in China have led to drive demand for fire retardant fabrics market.

In the Asia Pacific region, China, ASEAN countries and India are expected to be a lucrative market for fire retardant fabrics. The construction and manufacturing sector in India are considered as one of the pillars of the Indian economy.

According to the report published by WTTC, the construction sector in India contributed around 13% to the economy in 2016 and is expected to grow at a decent pace in the coming years. Thus, this significant growth of the manufacturing sector, the demand for fire retardant fabrics market is expected to register healthy growth over the forecast period.

Fire Retardant Fabrics Market: Key Players

Some of the key players identified across the value chains of global fire retardant fabric market are listed below;

  • DowDuPont Inc.
  • AMERICAN & EFIRD LLC
  • Apex Mills Corporation
  • AUBURN MANUFACTURING, INC
  • BGF INDUSTRIES INC
  • Emtexglobal USA
  • Forceprotector Gear, LLC
  • Gehring-Tricot Corporation
  • Industrial Stitchtech, Inc.
  • JB MARTIN COMPANY
  • Lanz-Anliker AG
  • NEWTEX INDUSTRIES INC.
  • Precision Fabrics Group, Inc
  • Rivertex Technical Fabrics Group

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Key Segments Profiled in the Fire Retardant Fabrics Market Survey

By Base Material Type:

  • Cotton
  • Nylon
  • Aramid
  • Polyesters
  • Others

By Application:

  • Protective Wear
  • Upholstery
  • Tents and Coverings
  • Curtains and Drapes
  • Others

By Processing Method:

  • Woven
  • Non-woven
  • Knitted
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific Excluding Japan
  • Japan
  • Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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