Fire Resistant Fabrics Market Size Forecast to Reach US$5.5 Billion by 2026

September 09 15:52 2021
Fire Resistant Fabrics Market Size Forecast to Reach US$5.5 Billion by 2026
Fire Resistant Fabrics Market
The Increasing Usage of Fire Containment Bags and Covers in the Transport Sectors is Contributing to the Growth of the Fire Resistant Fabrics Market

Fire Resistant Fabrics Market size is forecast to reach US$5.5 billion by 2026, after growing at a CAGR of 4.7% during 2021-2026. Globally, the growing developments in the petrochemicals, oil and gas, mining, and chemicals sectors have driven the growth of fire resistant fabrics market. Also, the increasing usage of fire containment bags and covers in the transport sectors is contributing to the growth of the fire resistant fabrics market. The rise in stringent industry regulations for workplace safety is expected to boost the fire resistant fabrics market. Furthermore, the growing demand from armed forces and rise in sales of automobiles fuels has uplifted the demand for fire resistant fabrics industry over the forecast period.

Impact of Covid-19

Since the coronavirus outbreak began in China at the end of 2019, its impact has been felt across the global apparel and textile sector which in turn has a negative impact on the fire resistant fabrics market in the year 2020. The International Apparel Federation (IAF) is adding to calls for solidarity and collaboration by the apparel supply chain and its stakeholders including governments and consumers to reduce the damage to suppliers in face of coronavirus crisis. Clothing and footwear in the U.K. retail sector was hit hardest by the COVID-19 pandemic in the year 2020, with expenditure estimated to decline by one-fifth, according to preliminary forecasts.

Fire Resistant Fabrics Market Segment Analysis -By Type

Apparel segment held the largest share in the fire resistant fabrics market in 2020. Fire resistant fabrics in apparel are used for the production of protective clothing that offer protection from direct exposure to fire, explosion, or arc fire. Apparel made of fire resistant fabrics will not easily catch fire, and even when they do, they are designed to self-extinguish. This ability causes the wearer’s risk of burn injury to plummet and can often provide the wearer with valuable time to escape the unsafe environment, which in turn increases the usage of fire resistant fabrics in the apparel market. Increasing demand for apparel owing to its alluring properties is thus estimated to drive the growth of the fire resistant fabrics market in the forecast period.

Fire Resistant Fabrics Market Segment Analysis -By Application

Safety Services segment held the largest share with US$ 3,018.12 million in terms of revenue in the fire resistant fabrics market in 2020. Increasing demand for fire resistant fabrics from safety services such as military, police & emergency crews and firefighting has uplifted the growth of the market. For military personnel and police officers, reporting for duty can mean exposure to many threats, including explosions ad flash fires. Nomex fabric helps provide uniforms with proven protection against intense flames and heat, fire bombs, exploding munitions. Similarly fire resistant fabric is majorly used in protective clothing for firefighters and primarily designed to protect fire fighters from heat, flames and heat stress when fighting fires. Furthermore, fire resistant fabric is made of fire resistant fibers that are weaved to make the fabric that in turn is designed into firefighter clothing such as firefighter hoods.Thus, the rising demand for fire resistant fabrics from safety serviceswould drive the fire resistant fabrics market in the forecast period.

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Fire Resistant Fabrics Market Segment Analysis – By Region

North America region dominated the fire resistant fabrics market in terms of revenue with a share of 35% in 2020 and is projected to dominate the market during the forecast period (2021-2026). Fabric flammability is a crucial fabric issue, especially for stage draperies that are used in public places such as a theatre, school, or special event venue. Strict standards followed in countries such as U.S., Canada, and Mexico are anticipated to boost the growth of the market. In the United States, federal legislation requires drapery fabrics used in such areas to be certified as flame retardants or fire resistant. For draperies and other fabrics used in public places, this is referred to as the NFPA 701 Test, which follows the standards developed by the National Fire Protection Association (NFPA). Additionally, the US flammability requirement for clothing is set out in the Code of Federal Regulations (CFR) in 16 CFR 1610. These regulations are supporting fire resistance fabric market growth in the country. Thus, these regulations are supporting the usage of fire resistance fabric in various end use industries in this region which is further driving the market growth.

Fire Resistant Fabrics Market Drivers

Rise in sales of automobiles

Fire-resistant fabrics are used in automobiles to prevent the spread of fire caused due to hazardous products such as batteries and flammable chemicals. Furthermore, the rise of high speeds, rapid-acceleration electric vehicles, and regulatory bodies demanding greater safety levels in automobiles, which in turn drives the growth of global fire resistant fabrics market. In recent years, consumers have shifted their interest to technologically advanced automobiles, requiring low cost and low maintenance vehicles, which have several interior applications along with safety features. This in turn increases the overall use of fabrics in vehicles. According to Organisation Internationale des Constructeurs d’Automobiles (OICA), the global sales of vehicles increased by 90 423 687 units in 2019. Thus, such rise in the sales of automotive vehicles due to their advanced features is expected to create numerous opportunities for market expansion. Furthermore, the growing demand and sale of electric vehicles worldwide is also contributing for the growth of this market. According to International Energy Agency, in 2018, 3.29 million EV deployed globally and the number will increase up to 125 million by 2030.

Fire Resistant Fabrics Market Challenges

Fluctuating raw material prices and environmental concern

The production of fabrics involves complex chemical and physical processes which cause certain environmental risks. For instance, 8 kg of CO2 is emitted during the production of 1 kg of fire resistant cotton curtain. In fiscal 2018, the Teijin Group’s overall CO2 emissions increased by 5% compared to fiscal 2017. Furthermore, natural hazards like cyclones, earthquakes, and floods will have a negative impact on the business operations that leads the disruption of overall supply chain. For instance, in year 2019, heavy rainfall has a major impact on cotton production in Texas as it soaks cotton and makes it difficult to harvest properly. Such kind of disaster not only fluctuate raw material prices also affecting the availability of the materials. Additionally, the raw material prices get fluctuated due to certain internal and external economic factors. For instance, in year 2019, the energy sources like crude oil, natural gas, and coal prices get fluctuated due to the geopolitical issues between the USA, Iran, Iraq, and Saudi Arabia. This unexpected fluctuations in raw material price leads to raise or lower the energy costs, which in turn acts a restraining factor for the growth of the fire resistant fabrics market.

Fire Resistant Fabrics Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the fire resistant fabrics market. Major players in the fire resistant fabrics marketare DuPont de Nemours, Inc., Koninklijke Ten Cate BV, LENZING AG,PBI Performance Products Inc., Teijin Limited, Westex by Milliken, Gunei Chemical Industry Co., Ltd., W. L. Gore & Associates, Inc., Auburn Manufacturing, Inc., and Taiwan K.K. Corp., among others.

Acquisition/Product Launches

In January 2019, Lenzing AG has expanded its geographic footprint, opened a Center of Excellence at its location in Indonesia. The Lenzing Center of Excellence also offers laboratory and analytical facilities to conduct trials and analyses of various types of fibers and yarns in order to further improve product quality, the Indonesian LCOE represents a further step towards strengthening Lenzing’s partnership with its customers.

Key Takeaways

North America region dominated the fire resistant fabrics market growth owing to the strict flammability regulations made and followed in the countries such as USA, Canada, and Mexico. 

Increasing demand for non apparel fabric segment owing to its increasing demand in tents and awning, place mats, sports bags, outdoor furniture, glove cuffing and several other safety applications is anticipated to drive the market growth.

Rising usage of nylon fiber due to its quite high melting point and resistant to high temperature in the production of fire resistant fabrics has uplifted the growth of the market.

Moreover, the increasing usage ofaramid fibers in flame resistant clothing, heat protective clothing and helmets, body armor, hot air filtration fabrics, sail cloth and others will further drive the market growth.

Relevant Reports

A. Performance Fabric Market

https://www.industryarc.com/Report/15982/performance-fabric-market.html

B. Coated Fabrics Market

https://www.industryarc.com/Report/16453/coated-fabrics-market.html

For more Chemicals and Materials related reports, please click here

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