DUBLIN, June 02, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/w4gs2g/fire_resistant) has announced the addition of the "Fire Resistant Fabric Market by Type (Apparel & Non-Apparel) and Application (Industrial Protective Clothing, Defense & Public Safety Services, Transport - Railways, Aircraft, Automotive, Marine) - Global Trends & Forecasts to 2020" report to their offering.
The fire resistant fabric market is projected to be worth $5,036.2 Million in 2020 from $3,869.6 Million in 2015 at a CAGR of 5.4% from 2015 to 2020.
This is on account of stringency in industrial regulations & standards, increasing safety concerns in industries and growth in the end-use industries such as oil & gas, chemical and infrastructure. Fire resistant fabrics are used in various applications such as industrial protective clothing, defense & public safety services and transport (railways, aircrafts, automotive, marine).
Europe is the largest market for fire resistant fabrics majorly driven due to the tight industrial regulations. North America ranks second in terms of market size which is followed by Asia-Pacific.
Fire resistant fabric manufacturers are focusing on improving the overall performance of the fabrics as well as incorporating additional functions such as cooling and impact resistance to increase the comfort and durability of their products. New and better products by suppliers, and increasing requirements from end-use industries are expected to create new opportunities in the fire resistant fabrics market.
The high cost of the fabrics is a big factor restraining the growth of the market. New technologies or techniques which could reduce the cost of the fire resistant fabric would also create a global opportunity for the growth of the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Fire Resistant Fabric Market, By Type
8 Fire Resistant Fabric Market, By Application
9 Regional Analysis
10 Competitive Landscape
11 Company Profiles
13 Introducing RT: Real Time Market Intelligence
- E.I. Dupont De Numours and Company
- Glen Raven Technical Fabrics LLC
- Gun Ei Chemical Industry Co., Ltd.
- Huntsman Corporation
- Kaneka Corporation
- Lenzing AG
- PBI Performance Products Inc.
- Royal Tencate N.V.
- Solvay S.A.
- Teijin Ltd.
- W.L. Gore & Associates Inc.
- Westex (By Milliken)
For more information visit http://www.researchandmarkets.com/research/w4gs2g/fire_resistant
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SOURCE Research and Markets