Materials such as polyester and acrylic are altogether utilized for delivering texture, vacillation in the costs of raw material because of variety in unrefined petroleum costs are impeding business sector development. Further, from recent years, the costs of silk and fleece is additionally rising which are utilized as a part of texture producing process, will decelerate development. However, new innovations and better procedure can decrease the cost of raw material, as they will effectively develop the market over coming years.
In the previous couple of years, a tremendous ascent popular for flame resistant garments for use in the safety business and a few different ventures with consistent danger of flame episodes has been seen over the globe. The study concludes that the worldwide flame resistant fabrics market is anticipated to be appealing, as this market contains some extensive scale modern players.
In terms of region, Europe dominated the global flame resistant fabrics market in 2015. Demand for flame resistant fabrics is estimated to be high in developed regions owing to the rise in implementation of several regulations on garments, and wall covering and upholstery applications over the last few years. This is driving the demand for flame resistant fabrics. Europe was followed by Asia Pacific in 2015. Asia Pacific accounted for the second largest share, while North America held the third largest share of the global flame resistant fabrics market in 2015.
In terms of volume, Industrial protective clothing is was the largest product segment of the global flame resistant fabrics market, accounting for more than 50% share in 2015. Industrial protective clothing acts as a stable and inert barrier between fire and skin, protecting the wearer from direct exposure. Increasing stringent regulations for the protection of workers from occupational hazards is the key reasons for the dominance of the segment. Transport is projected to be the fastest growing application segment of the global flame resistant fabrics market during the forecast period. These fabrics are also employed in high-temperature hoses such as those feeding hot air to inlet manifolds.
Multinational companies with proprietary technologies dominate the global flame resistant fabrics market. Every company offers a distinct product. Key players in the market include DuPont, Milliken & Company, Lenzing AG, Teijin Aramid, and TenCate.