New York, NY -- (SBWIRE) -- 11/15/2018 -- The Global Fire Resistant Fabrics market is estimated to grow at a CAGR of 6.4% from 2019 to 2026 according to a new report published by Polaris Market Research. The new report 'Fire Resistant Fabrics Market [By Type (Inherent Fire Resistant Fabrics, Treated Fire Resistant Fabrics) By Application (Apparel, Non-Apparel) By End-User (Aerospace and Defense, Manufacturing and Construction, Mining, Oil and Gas, Emergency Services, Others), By Regions]: Market Size & Forecast, 2018 – 2026' indicates that the global Fire Resistant Fabrics market generated US$ 5.2 billion in 2018.

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Fire Resistant Fabrics offer resistance against fire and extreme heat, while providing protection to the user against harsh conditions. Fire Resistant Fabrics are able to sustain extreme heat owing to chemical treatment during manufacturing of fabric. Fire Resistant Fabrics are primarily used in hospitals, manufacturing, oil and gas, mining, defense, law enforcement, and emergency services among others.

The increasing safety concerns, and stringent government regulations regarding workplace safety drive the Fire Resistant Fabrics market growth. The growth of the automobile industry, along with rising use in mining and oil and gas sectors has boosted the growth of the Fire Resistant Fabrics market. Governments are increasingly investing in the safety and security of citizens, thereby supporting the Fire Resistant Fabrics market growth. Market players are focusing on integration of advanced technology into fire resistant fabrics to offer enhanced safety to consumers. Technological advancements, increasing demand for use in public spaces, and rising use in home and commercial furnishing is expected to further accelerate the growth of the Fire Resistant Fabrics market.

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Fire Resistant Fabrics Market, 2018-2026. The Fire Resistant Fabrics market report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.

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Europe generated the highest revenue in 2018. The increasing demand for fire resistant fabrics from defense, and aerospace coupled with stringent government regulations regarding workplace safety supports the Fire Resistant Fabrics market growth in the region. Presence of leading players in the region, along with increasing use in automotive sector would support Fire Resistant Fabrics market growth during the forecast period.

Competitive Landscape and Key Vendors

The global Fire Resistant Fabrics industry is characterized by the presence of well-diversified international and small and medium-sized vendors. Leading companies are acquiring other companies, and enhancing their product offerings to improve their Fire Resistant Fabrics market share. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

The leading companies profiled in the Fire Resistant Fabrics market report include Huntsman International LLC, PBI Fibers International, Teijin Limited, E. I. Dupont De Nemours and Company, Royal Tencate N.V., Gun Ei Chemical Industry Co., Ltd., Solvay S.A., Kaneka Corporation, Lenzing AG, and Newtex Industries, Inc.

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Key Segments

Type

- Inherent Fire Resistant Fabrics
- Treated Fire Resistant Fabrics

Application

- Apparel
- Non-Apparel

End-User

- Aerospace and Defense
- Manufacturing and Construction
- Mining
- Oil and Gas
- Emergency Services
- Others

By Region

- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa

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