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Fire Resistant Fabrics Market

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The global fire resistant fabrics market is estimated to garner around USD 4 billion in revenue by 2031 by growing at a CAGR of nearly 6% over the forecast period, i.e., 2022 – 2031. – PowerPoint PPT presentation

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Title: Fire Resistant Fabrics Market


1
Growth of the Global Fire Resistant Fabrics
Market to be Propelled by Increasing Usage of
Fire Resistant Fabrics by Fire Fighters and in
the Oil and Gas Industries by a CAGR of 6
During 2022 2031 Kenneth Research published a
report titled Fire Resistant Fabrics Market
Global Demand Analysis Opportunity Outlook
2031 which delivers detailed overview of the
fire resistant fabrics in terms of market
segmentation by type, application, end use
industry, and by region. Further, for the
in-depth analysis, the report encompasses the
industry growth indicators, restraints, supply
and demand risk, along with detailed discussion
on current and future market trends that are
associated with the growth of the market.
Fire-resistant fabrics are designed to provide
superior resistance to fire compared to
traditional textile materials, by integrating
fireproof fibers or chemical treatment. These
fabrics have witnessed increasing demand as
protection barriers in case of explosion, direct
exposure to fire, or arc flashes in home and
commercial environments. It is estimated that as
of 2020, approximately 30,000 arc flash
incidents occur every year, resulting in an
average of 7,000
2
burn injuries. These are driving the growth of
the global fire resistant fabrics market, which
is estimated to garner approximately USD 4
billion in revenue by 2031 by growing at a CAGR
of nearly 6 over the forecast period, i.e.,
2022 2031. For more descriptions_at_https//www.ken
nethresearch.com/report-details/fire-resistant-
fabrics-market/10070792 The global market is
segmented by end use industry into industrial,
defense public safety services, and
transportation. The transportation segment is
anticipated to hold the largest share over the
forecast period owing to the increasing demand
for high-performance fire resistant fabrics
during the construction railways, automobiles,
aircraft, and marine. Geographically, the global
fire resistant fabrics market is segmented into
five major regions including North America,
Europe, Asia Pacific, Latin America and Middle
East Africa region. Among these regions, North
America region is expected to hold the largest
share of the market on account of increasing
safety regulations in these regions over the
forecast period. Additionally, the market in
Asia Pacific region is estimated to witness
significant growth over the forecast period. The
research is global in nature and covers detailed
analysis on the market in North America (U.S.,
Canada), Europe (U.K., Germany, France, Italy,
Spain, Hungary, Belgium, Netherlands
Luxembourg, NORDIC Finland, Sweden, Norway,
Denmark, Poland, Turkey, Russia, Rest of
Europe), Latin America (Brazil, Mexico,
Argentina, Rest of Latin America), Asia-Pacific
(China, India, Japan, South Korea, Indonesia,
Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa
(Israel, GCC Saudi Arabia, UAE, Bahrain, Kuwait,
Qatar, Oman, North Africa, South Africa, Rest
of Middle East and Africa). In addition, analysis
comprising market size, Y-O-Y growth
opportunity analysis, market players competitive
study, investment opportunities, demand for
future outlook etc. has also been covered and
displayed in the research report. Rise in the
Stringent Industrial Regulations and
Standardization Pertaining To Workplace Safety
to Boost the Market Growth Increasing
occupational health and safety regulations are
expected to increase industrial investments into
work quality inputs, which in turn will lead to
increase in workers health and
3
safety. Fire resistant fabrics have major
applications in industrial protective clothing.
This is a key factor that is anticipated to
boost the market growth in upcoming
years. However, the high cost of production of
fire-resistant fabrics, low investments for RD,
and volatile raw material costs are expected to
operate as key restraints to the growth of the
global fire resistant fabrics market over the
forecast period. This report also provides the
existing competitive scenario of some of the key
players of the global fire resistant fabrics
market which includes company profiling of
DuPont, TEIJIN LIMITED, KANEKA CORPORATION, PBI
Performance Products (InterTech Group Inc.),
Westex (Milliken), Huntsman International LLC,
LENZING AG, Solvay, W. L. Gore Associates,
Inc., TenCate Protective Fabrics, and others. The
profiling enfolds key information of the
companies which encompasses business overview,
products and services, key financials and recent
news and developments. On the whole, the report
depicts detailed overview of the global fire
resistant fabrics market that will help industry
consultants, equipment manufacturers, existing
players searching for expansion opportunities,
new players searching possibilities and other
stakeholders to align their market centric
strategies according to the ongoing and expected
trends in the future. Request Report Sample_at_
https//www.kennethresearch.com/sample-request-100
70792 Kenneth Research is a leading service
provider for strategic market research and
consulting. We aim to provide unbiased,
unparalleled market insights and industry
analysis to help industries, conglomerates and
executives to take wise decisions for their
future marketing strategy, expansion and
investment etc. We believe every business can
expand to its new horizon, provided a right
guidance at a right time is available through
strategic minds. Our out of box thinking helps
our clients to take wise decision in order to
avoid future uncertainties. Contact for more
Info AJ Daniel Email sales_at_kennethresearch.com
U.S. Phone 1 313 462 0609
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