The market size of protective fabrics is estimated to have been USD 3.13 billion in 2015 and is projected to reach USD 4.0 billion by 2021, registering a CAGR of 4.2% between 2016 and 2021
The market is largely driven by the increased demand from end-use industries. In addition, the rising concern for the safety of industrial workers increases the demand for protective fabrics, globally.
Protective fabrics are used to manufacture protective clothing such as contamination suits, radiation suits, surgical masks, gloves, and others. Rising medical hygiene standards in Asia-Pacific are expected to boost the market for protective fabrics in the healthcare segment. The government, through various initiatives, reforms, policies, and regulations is focusing to raise these standards in the healthcare sector.
The rising demand for specialized clothing is driving the market for protective fabrics in Asia-Pacific. The market in the region is driven by the increased demand from China and India. China is the largest market in the region. Professionals in the oil & gas industry are exposed to fire, explosion, and harmful chemicals. In order to prevent them from these hazards, protective clothing is required. Hence, the demand for protective fabrics is estimated rise in China. Furthermore, the rising demand from building & construction and healthcare industries is estimated to boost the market for protective fabrics in the region.
Various key players profiled in the report include 3M Company (U.S.), Koninklijke Ten Cate NV (Netherlands), Teijin Ltd (Japan), E. I. du Pont de Nemours and Company (U.S.), Kolon Industries Inc. (South Korea), Lakeland Industries, Inc. (U.S.). Milliken & Company (U.S.), W. L. Gore & Associates, Inc. (U.S.), Klopman International (Italy), Glen Raven, Inc. (U.S.), and Cetriko, SL (Spain).