The global fire-resistant fabrics market is projected to reach a value of USD 3.3 billion in 2023, driven by its growing use in the oil and gas industry. By 2033, the market is expected to grow to USD 6.1 billion, reflecting a CAGR of 6.3% from 2023 to 2033.
The rising demand for fire-resistant fabrics in the industrial sector is fueled by stricter safety regulations, increased awareness of fire hazards, and the need for better worker protection. These fabrics are designed to limit flame ignition and spread, reduce heat transfer, and minimize the risk of burn injuries. Stricter government safety regulations across industries like oil and gas, construction, and manufacturing are anticipated to drive market growth.
Growing awareness of fire risks in both industrial and non-industrial settings has led to a stronger focus on fire safety measures, including the use of fire-resistant fabrics. These fabrics are applied in personal protective equipment, furnishings, transportation, and other sectors.
The demand for fire-resistant clothing is rising in high-risk industries like oil and gas exploration, mining, and chemical processing, as safety becomes a top priority for industries and individuals aiming to protect lives and property.
Key Takeaways from the Market Study
- From 2018 to 2022, the market demand expanded at a CAGR of 8.0%
- Based on type, the treated segment accounts for a CAGR of 6.2%
- By application, the apparel segment is expected to expand at a CAGR of 6.0% during the forecast period
- North America to emerge as a promising market, capturing a CAGR of 6.2%
- Asia Pacific is an opportunistic market, expected to capture a CAGR of 6.2% during the forecast period.
Competitive landscape
Prominent players in the fire-resistant fabrics market are DuPont de Nemours, Inc.; Arvind Ltd.; Draper Knitting Company; BGF Industries, Inc.; Agru America, Inc.; among others.
Solvay S.A. a global chemical company produces a range of specialty polymers and fibers, including fire-resistant fabrics. Their fire-resistant fabric brand, Rhovea®, offers high thermal protection and flame resistance. It finds applications in personal protective equipment (PPE) for firefighters, military personnel, and industrial workers.
Milliken & Company is a diversified industrial manufacturer that produces a wide range of textiles, including fire-resistant fabrics. They offer various fire-resistant fabric solutions that provide thermal protection and meet industry standards for flame resistance. Their fabrics are used in industries such as oil and gas, welding, and firefighting.
Key Companies Profiled
- DuPont de Nemours, Inc.;
- Arvind Ltd.;
- Draper Knitting Company;
- BGF Industries, Inc.;
- Agru America, Inc.;
Key Segments Covered in the Fire Resistant Fabrics Industry Analysis
By Type:
- Treated
- Inherent
By Application:
- Apparel
- Non-Apparel
By End-Use:
- Industrial
- Defense & public safety Services
- Transportation
- Others
By Region:
- North American
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Report Preview: https://www.futuremarketinsights.com/reports/fire-resistant-fabrics-market
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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 over 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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