Flame Resistant Fabric Market Growth Rate, Share, Size, Forecast 2023-2030 in Market Research Community
- March 20, 2023, 8:08 a.m.
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Flame Resistant Fabric Market Insights:
Flame Resistant Fabric Market size was valued at USD 4.83 Billion in 2022, registering a CAGR of 6.7% during the forecast period (2023-2030), and the market is projected to be worth USD 8.02 Billion by 2030.
The market for flame-resistant fabrics is experiencing rapid growth within the textile industry, thanks to a rising demand for protective clothing in various sectors such as oil and gas, electrical, and firefighting. Flame-resistant fabrics are specifically engineered to resist ignition, prevent the spread of flames, and self-extinguish when exposed to heat or flames.
The flame-resistant fabric market is segmented by fiber type, application, and region. Regarding fiber type, the market is divided into aramid, modacrylic, cotton blends, and other materials. Aramid fibers are the most widely used in flame-resistant fabrics because of their excellent thermal and mechanical properties, high tensile strength, and lightweight. In terms of application, the market can be divided into protective clothing, home furnishings, and industrial fabrics, with protective clothing being the largest application segment due to the increasing demand for safety and protective equipment in industries such as oil and gas, electrical, and firefighting. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.
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According to a recent market research report, the global flame-resistant fabric market is projected to grow at a compound annual growth rate (CAGR) of 6.1% from 2021 to 2028, reaching a market value of approximately $6.2 billion by the end of the forecast period. Aramid fibers are expected to hold the largest market share during the forecast period, due to their superior performance and durability.
North America is currently the largest market for flame-resistant fabrics, driven by the stringent safety regulations and increasing demand for protective clothing in the region. Europe is also a significant market for flame-resistant fabrics, particularly in the industrial fabrics segment where flame-resistant fabrics are used for applications such as welding blankets and conveyor belts. Asia-Pacific is expected to be the fastest-growing market for flame-resistant fabrics, driven by the increasing demand for protective clothing in industries such as oil and gas, electrical, and chemical.
Market Segmentation
By Type:
Inherent (Aramid, PBI (Polybenzimidazole), Modacrylic, and Others) and Treated (Fire-Resistant Cotton, Fire-Resistant Viscose, Fire-Resistant Polyester, and Others)
By Application:
Apparel and Non-Apparel
By End Use:
Industrial (Construction, Manufacturing, Oil & Gas, Chemical, and Others), Defense & Public Safety Services, Transport (Railways, Aircraft, Automotive, Marine, and Others), and Others
By Geography:
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
In terms of application, the protective clothing segment is expected to hold the largest market share during the forecast period, due to the increasing demand for safety and protective equipment in various industries. The home furnishings segment is also expected to grow at a significant rate, driven by the increasing demand for flame-resistant curtains, upholstery, and bedding products.
In conclusion, the flame-resistant fabric market is a rapidly growing segment of the textile industry, driven by increasing demand for protective clothing in a variety of industries. The market can be segmented by fiber type, application, and region, and is projected to reach a market value of approximately $6.2 billion by 2028. With increasing safety regulations and demand for protective equipment, the flame-resistant fabric market is expected to continue to grow in the coming years.
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