Transparency Market Research has published a new research report titled “Flame Resistant Fabrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020” to their report store.
Albany, NY -- (SBWIRE) -- 01/08/2016 -- A new research report published by Transparency Market Research states that the global flame resistant fabrics market is expected to witness a revolutionary change in its earning in the next few years. The report, titled "Flame Resistant Fabrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020", shares important statistics and an accurate analysis of the market using important market measurement tools such as a SWOT analysis and Porter's five forces analysis.
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According to the research report, the global flame resistant fabrics market was valued at US$3.1 bn in 2013 and is expected to reach US$4.8 bn by 2020, registering an incredible compound annual growth rate of 6.70% between 2014 and 2020. The two underlying factors supporting the growth of the global flame resistant fabrics market are escalating demand for such fabrics in industrial units and the high number of regulations that ensure safety of employees in industrial facilities. The growth of the flame resistant fabrics market will also be supported by the big companies that are trying to make affordable top-quality goods. The only restraint on the global flame resistant fabrics market is the lack of awareness regarding the safety of workers in Asia Pacific. This factor is expected to pose a roadblock in front of the companies operating in the global flame resistant fabrics market.
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The global flame resistant fabrics market has been segmented on the basis of application and region. The applications of flame resistant fabrics are seen in industrial protective clothing, transport, law enforcement and firefighting services, and others such as home furnishings. Geographically, this market is segmented into Asia Pacific, North America, Europe, and Rest of the World. Of all the regions, Europe held the largest share, accounting for 35% of the global demand for flame resistant fabrics in 2013. The second largest shareholder in the overall market was Asia Pacific, due to the growing demand for industrial protective clothing. APAC was closely followed by North America. The demand from the flame resistant fabrics market is expected to register growth at a 5% CAGR in the forecast period.
Some of the key players profiled in the research report on the global flame resistant fabrics market are E. I. du Pont de Nemours and Company, Lenzing AG, Solvay S.A., TenCate, PBI Performance Products, Milliken & Company, Toyobo Co., Ltd., Gun Ei Chemical Industry Co., Ltd., Kaneka Corporation, Huntsman Corporation, and Teijin Aramid BV. The research analysts have examined and explained the competitive landscape of the global flame resistant fabrics market in absolute detail. Furthermore, the research report has also analyzed the financial overview, research and development activities, investment outlook, and business and marketing strategies of these companies.
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The report segments the global flame resistant fabrics market as:
Flame Resistant Fabrics Market - Application Analysis
- Industrial protective clothing
- Law enforcement and firefighting services
- Others (Including home furnishings, etc.)
Flame Resistant Fabrics Market - Regional Analysis
- North America
- Asia Pacific
- Rest of the World (RoW)
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