Flame-Retardant Market Size Will be Expected to Grow at a CAGR of 13.2% By 2027 | Reports and Data
The global Flame-Retardant
Apparel Market is forecasted to reach USD 27.87 Billion by 2027,
according to a new report by Reports and Data. The flame retardant apparel
market observes high demand attributed to its increasing application in pharmaceutical,
chemical, food processing, paint, and pulp & paper industries. These
apparel are designed to survive combustion and usually fulfill this purpose
under all but extreme circumstances. Still, the high strength of
flame-resistant apparel is to keep the fire from rising.
Increasing demand for wear & tear resistant products
that are convenient, lighter, and better heat-tolerant is expected to drive the
interest of market players to focus on R&D investments to improve product
efficiency. The growing inclination for durable and multi-purpose apparel
coupled with strong mechanical & chemical resistance is anticipated to fuel
demand for flame-retardant apparel in the upcoming years.
Flame retardant apparel is made from non-conductive textiles
that prevent the wearer's further burning by not getting melt on the skin.
Flame retardant garments must conform to requirements established by safety
equipment organizations such as the OSHA (Occupational Safety and Health
Administration) and the NFPA (National Association for Fire Prevention).
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Key participants include National
Safety Apparel, Lakeland Industries, 3M, Honeywell International,
Williamson-Dickie Manufacturing, Kimberly-Clark, Carhartt, Cintas, Ansell, and
Bulwark, among others.
Further key findings from
the report suggest
- Based
on product, disposable flame-retardant clothing generated a revenue of USD
3.55 billion in 2019. It is projected to rise with a CAGR of 13.2% in the
forecast period due to the consistency of the disposable apparel with
resilience to exceptionally high temperatures and the potential to
withstand mild burns.
- The
woven type is expected to grow with a CAGR of 13.1% in the forecasted
period, as woven fabrics are reinforced by thread crossing thread, which
produces a strong barrier, making it more robust and substantial.
- The
pharmaceutical industry is the major contributor to the Flame-Retardant
Apparel Market. The pharmaceutical sector of the North American region is
the major shareholder of the market and held around 26.0% of the market in
the year 2019, owing to increased use of chemicals, innovative development
method, and intricate and riskier procedures result in increased capacity
for exposure to chemistry.
- Europe
dominated the market for Flame-Retardant Apparel in 2019. The region's
consistent focus on cost-effective and innovative procedures that are
adopted in the area is driving the market. The European region held
approximately 31.0% of the market, followed by North America, which held
around 29.0% market in the year 2019.
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Product
Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Durable
Flame-Retardant Clothing
- Disposable
Flame-Retardant Clothing
- Others
Type
Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)
- Woven
- Non-Woven
- Knitted
Application
Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)
- Pharmaceutical
Industry
- Chemical
Industry
- Food
Processing Industry
- Paint
Industry
- Pulp
& Paper Industry
- Others
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key
Questions answered by the Report:
·
What
is the expected year-on-year growth of the during the forecast period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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