According to Stratistics MRC, the Global Fire Resistant Fabrics Market is accounted for $5.13 billion in 2020 and is expected to reach $9.77 billion by 2028 growing at a CAGR of 8.4% during the forecast period. Growing demand from end-use industries, stringent workplace safety regulations and increasing awareness about fire safety procedures are driving the market growth. However, high cost of raw materials and huge investment in R&D is hampering the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the rising economies in the region such as India and China are high potential markets for sale as well as setting up of production facilities and plants for fire resistant fabrics owing to increasing demand from the chemicals industry in countries in the region.
Some of the key players profiled in the Fire Resistant Fabrics Market include Royal Tencate N.V., Kaneka Corporation, PBI Performance Products Inc., Dupont De Nemours and Company, Teijin Ltd., Westex By Milliken, W. L. Gore & Associates Inc., Solvay S.A., Huntsman Corporation, Lenzing AG and Gun EI Chemical Industry Co., Ltd.
Types Covered:
• Treated Fire-Resistant Fabrics
• Inherent Fire-Resistant Fabrics
Applications Covered:
• Apparel (Protective Clothing)
• Non-Apparel
End Users Covered:
• Industrial
• Defense & Public Safety Services
• Transport
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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