Flame resistant fabrics consumption has gradually increased in the market due to advanced technologies. Strict government regulations are another factor responsible for high demand of flame resistant fabrics in the market. The growing number of accidents in industries such as chemical, oil & gas and electrical & electronics have paved way for growth of flame resistant fabrics market. Safety concerns for industrial workers have been taken care of by the government thereby setting stringent regulation for work and environment safety. These factors have led to strong growth of flame resistant fabrics in the market worldwide.

On the basis of applications, global flame resistant fabrics market is segmented into industrial protective clothing, law enforcement & firefighting services, transport and others. Industrial protective clothing accounted for larger share of global flame resistant fabrics market. Stringent regulations for safety of workers in various end-user industries have led to high demand for flame resistant fabrics in the global market. Growing chemical and oil & gas industries in both the developing and developed economies have led to high growth of flame retardant fabrics in the market. Other applications are also expected to boost strong demand for flame resistant fabrics in the near future. Asia Pacific accounted as the fastest growing region of global flame resistant fabrics market and is expected to retain its market position in the near future. Europe accounted to be the largest market for flam resistant fabrics followed by North America. Growing demand from end-user industries worldwide is boosting growth of global flame resistant fabrics market and is expected to increase in the near future.

Flame resistant fabrics market is expected to reach over US$ 5.0 Bn by 2023, growing at a CAGR of 6.6% during the forecast period 2016-2023.

Purpose of the Report

The purpose of this strategic research study titled “Global Flame Resistant Fabrics Market - Growth, Share, Opportunities, and Competitive Analysis, 2014 – 2021” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global flame resistant fabrics market.

Target Audience

• Industry Investors
• Flame Resistant Fabrics Providers/Vendors
• Research Professionals
• Emerging Companies
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Research Institutes

USP and Key Offerings

The report titled “Global Flame Resistant Fabrics Market - Growth, Share, Opportunities, and Competitive Analysis, 2014 – 2021” offers strategic insights into the global flame resistant fabrics market along with the market size and estimates for the duration 2014 to 2021. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading flame resistant fabrics vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

• Current and future market trends to justify the forthcoming attractive markets within flame resistant fabrics industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2013 – 2014)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global flame resistant fabrics market, of growth, offering market size and estimates for the period from 2014 to 2021, keeping in mind the above mentioned factors.

Industrial protective clothing accounted as the largest application segment of global flame resistant fabrics market in 2016. According to ITA, protective clothing is segmented into several categories such as protection from extreme cold, ballistic and mechanical protection, protection from radiation, bacterial or viral protection, protection from harmful particulate matter, protection from harmful chemicals and protection from fire and heat among others. Industrial protective clothing provides the consumers with all the above stated categories. Stringent regulations on safety concerns in industries such as oil & gas and chemical are driving the demand for flame resistant fabric market in 2016. Law enforcement & firefighting services accounted as the second largest application segment of global flame resistant fabrics market. Workers safety is the major concern boosting market demand for flame resistant fabrics as they are the one who have to risk their lives to save other people from dangerous situations. Transport and other applications are also anticipated to boost market demand for flame resistant fabrics due to stringent regulations for safety of industrial workers. These factors have led to growing demand for flame resistant fabrics from various end-user industries worldwide leading to growth of global flame resistant fabrics market during the forecast period from 2015 to 2023.

Europe accounted for larger share of global flame resistant fabric market in 2016. Strict rules and regulations of government for use of flame resistant wear in various industries are driving the demand for global flame resistant fabrics worldwide. North America followed Europe in terms of demand for flame resistant fabrics market. Growing oil and chemical industries globally is another factor promoting the growth of global flame resistant fabrics in the market. Safety of the workers in such industries is a major concern and hence high demand is reported for flame resistant fabrics in both the developed and developing economies. Asia Pacific accounted to be the fastest growing market for flame resistant fabrics. High demand for flame resistant fabrics from the chemical and oil & gas industries is the major factor growth in this region. Asia Pacific is anticipated to fuel high demand for flame resistant fabrics in the near future. Other regions such as Middle East and Africa and Rest of the World are also projected to contribute to the growth of flame resistant fabrics due to growing industries in the regions.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Flame Resistant Fabrics market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Flame Resistant Fabrics market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Flame Resistant Fabrics market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Flame Resistant Fabrics market?
• Which is the largest regional market for Flame Resistant Fabrics market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Flame Resistant Fabrics market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Flame Resistant Fabrics market worldwide?