Global Flame Retardant Fabrics Market Size By Product (Inherent Flame Retardant Fabrics, Chemically Treated Flame Retardant Fabrics), By Application (Aerospace, Military, Industrial), By Geographic Scope And Forecast

Flame Retardant Fabrics Market Size And Forecast

Flame Retardant Fabrics Market size was valued at USD 7.02 Billion in 2021 and is projected to reach USD 10.84 Billion by 2030, growing at a CAGR of 5.56% from 2022 to 2030.

The growing danger due to rapid industrialization, the effectiveness, and benefits of flame retardants, and government regulations on the use of flame retardant garments is the factor driving the market growth of the Flame Retardant Fabrics Market. The Global Flame Retardant Fabrics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

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Global Flame Retardant Fabrics Market Definition

Flame-retardant fabric, also known as chemical-flame-retardant fabric, is a standard fabric treated with a special flame-retardant coating. It burns but much slower than standard untreated dough. Flame retardants can be divided into three groups flame retardants (FR), inherently flame retardants (IFR), and durably flame retardants (DFR). Flame retardants are substances that limit the risk of ignition by slowing the rate of flame propagation. Based on the product, they are divided into essentially flame-retardant fabrics and chemically treated flame-retardant fabrics. Materials like Twaron are used in fabrics to withstand high temperatures in industries such as firefighting. Various application areas for flame retardants include aerospace, military, industry, automobiles, transportation, and construction.

Global Flame Retardant Fabrics Market Overview

The market growth’s primary factor is the increasing regulations related to fire protection and security. Governments in various countries around the globe are focused on preventing fire and explosion-related accidents in offices, industries, and public facilities. This has resulted in strict rules and regulations for initiatives that promote the use of these retarders in cables, wires, building products, insulation, textiles, automotive parts, interiors, and paints and coatings to slow the spread of fires. Directives and regulations of various countries require manufacturers to use flame retardants in their products. This will boost market growth over the next few years.

Flame retardants are used in different materials, from furniture to automotive products. These compounds can enter water and soil, be released from the product into the atmosphere, and come into contact with humans. They have serious health effects on humans. Thyroid destruction, cancer, reproductive toxicity, cancer, and neurological dysfunction. These retarders are persistent pollutants and can bioaccumulate in the food chain. These compounds’ health and environmental impacts affect the demand for these retarders and ultimately hamper the market growth.

Global Flame Retardant Fabrics Market Segmentation Analysis

The Global Flame Retardant Fabrics Market is Segmented on the basis of Product, Application, and Geography.

Flame Retardant Fabrics Market, By Product

• Inherent Flame Retardant Fabrics
• Chemically Treated Flame Retardant Fabrics

Based on the Product, the market is bifurcated into Inherent flame retardant fabrics and chemically treated flame retardant fabrics. The Inherent flame retardant fabrics segment holds a large number of shares in the market because of its durability and indivisibleness, which does not lose its fire resistance even after several years, which boosts the market growth.

Flame Retardant Fabrics Market, By Application

• Aerospace
• Military
• Industrial
• Automotive & Transportation
• Building and Construction
• Others

Based on the Application, the market is bifurcated into Aerospace, Military, Industrial, Automotive & Transportation, Building & construction, and others. The industrial segment holds a large number of shares in the market because of the growing industrialization and industrial hazards, which boosts market growth.

Flame Retardant Fabrics Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

On the basis of Geography, the Global Flame Retardant Fabrics Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific region holds a large number of shares in the market because of the presence of significant electronics industry and increased construction activity in the region. At the same time, North America is the fastest-growing region because of the stringent rules and regulations regarding fire safety in the region, which boosts the market growth of the Flame Retardant Fabrics Market.

Key Players

The “Global Flame Retardant Fabrics Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are DuPont, Milliken & Company, TenCate, PBI Performance Products, Gun Ei Chemical Industry, Huntsman, Kaneka, Lenzing, Solvay, and Teijin Aramid.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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