The global Fire Resistant Fabrics Market is anticipated to reach USD 8.5 billion by 2026 according to a new research published by Polaris Market Research. In 2018, the treated Fire Resistant Fabrics segment accounted for the highest market share in terms of revenue. Europe is expected to be the leading contributor to the global Fire Resistant Fabrics market revenue in 2018.
The growing need to provide workplace safety has resulted in Fire Resistant Fabrics market growth. The advancements in technologies and introduction of stringent regulations regarding safety of workforce further lead to Fire Resistant Fabrics market growth. Increasing demand for fire resistant fabrics from public spaces such as theatre, school and auditoriums, along with growing use in firefighting uniforms, transport, and law enforcement services supplement the growth of Fire Resistant Fabrics market. Growing demand of Fire Resistant Fabrics from developing nations provide growth opportunities for the market. The increasing use of fire resistant fabrics in construction, oil and gas, and mining sectors among others are propelling the growth of global Fire Resistant Fabrics market.
Have Questions? Request a sample this report by clicking the link below:
Europe generated the highest Fire Resistant Fabrics market share in terms of revenue in 2018. The adoption of fire resistant fabrics is expected to increase significantly in this region owing to increasing need to offer safety and security to the workforce. The increasing demand from the defense sector also drives the fire resistant fabrics market across various countries in the region. Market players in the European Fire Resistant Fabrics industry are introducing highly efficient and affordable fire resistant fabrics to cater to the growing consumer needs. Increasing safety concerns, growing military expenditure, and increasing use in the oil and gas and mining sectors are factors encouraging market players to launch efficient fire resistant fabrics across the globe.
Leading global players are expanding their presence in developing nations of India, China, and Japan to tap the growth opportunities offered by these countries. They are also introducing new products in the market to cater to the growing consumer demands. For instance, in January 2015, Teijin Limited announced the launch of Teijinconex neo, which is a new type of meta-aramid fiber providing unsurpassed heat resistance along with excellent dyeability. This launch enabled the company to enhance its product offerings in the Fire Resistant Fabrics market and cater to the growing consumer demands.
The well-known companies profiled in the Fire Resistant Fabrics market report include Huntsman International LLC, PBI Fibers International, Teijin Limited, E. I. Dupont De Nemours and Company, Royal Tencate N.V., Gun Ei Chemical Industry Co., Ltd., Solvay S.A., Kaneka Corporation, Lenzing AG, and Newtex Industries, Inc. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.Bottom of Form
Purchase the Report for Key Insights:@ https://www.polarismarketresearch.com/industry-analysis/fire-resistant-fabrics-market
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.
Polaris Market Research
This user has not submitted a user bio yet
At present there are zero comments on this article.
Why not be the first to make a comment?
You must be logged in to post a comment!
Please log in or register to comment or reply to a comment.
Why Is Safety Line Marking Important In Outdoor Recreational Areas?
Global Oscilloscope Market
Gastrointestinal Therapeutics Market Global Production, Growth, Share, Demand And Applications Forecast To 2029
Metal Finishing Chemicals Market Demand Value Share, Supply Demand 2029
Hydrogen Fuel Cell Vehicle Market Product Types, Cost Structure Analysis, Leading Countries, Companies And Forecast 2029
Paper & Paperboard Packaging Market Is Expected To Reach $33.1 Billion By 2029
Asia Pacific RFID Market Revenue Growth Regional Share Analysis And Forecast Till 2029
Global Liquid Air Energy Storage Systems Market
Hydrocolloid Dressing Market Size, Forecast Business Strategies,2029
Digital Audio Workstations (DAWs) Growth, Overview With Detailed Analysis 2021-2029