Monday, March 5, 2018

Flame Resistant Fabric Market Is Predicted To Grow On Account Of Increasing Demand From Oil & Gas Industries Till 2022: Grand View Research, Inc.


Grand View Research, Inc. - Market Research And Consulting.
According to new report published by Grand View Research, the global flame resistant fabric market is expected to witness a rapid expansion over the forecast period. Rising usage of fire resistant fabrics to manufacture the fire fighting uniforms.

According to the findings of research report by Grand View Research, Inc.; the global flame resistant fabric market is predicted to witness a rapid expansion over the forecast period i.e., from 2015 to 2022. Flame resistant fabrics are specially designed fireproof fabrics that have excellent fire resistance than other fabrics as they are chemically treated. The growth of this market can be attributed to the rising demand for these fabrics from various industry verticals such as oil and gas and chemical.

The oil and gas and chemical industries have huge demand for flame retardant fabrics as they are used for manufacturing workwear to ensure the safety of workers due to high risks of accidents in these sectors. In addition, high demand for these fabrics for stage drapery that used in various public spaces for various events such as in schools and theatres. This is also predicted to be one of the key factors driving the growth of the global market. Polyester is the most widely used flame resistant fabric for curtains.

The availability of fabric-fire treatments like BS-476 and CRIB-5 is also likely to have a major impact on the overall flame resistant fabrics demand. On the other hand, high costs associated to these fabrics along with the lack of awareness about using them may have a negative impact on the global market demand over the next few years. However, the rising usage of fire resistant fabrics to manufacture the fire fighting uniforms and related workwear for reducing fire hazards is also projected to help boost the global demands of the product in near future.

Full Research Report On (FR) Fabric Market Analysis: https://www.grandviewresearch.com/industry-analysis/flame-resistant-fabric-market

Various stringent regulations and mandates regarding fire safety in developed and developing regions are also likely to contribute toward the growth of the flame resistant fabric market. Furthermore, rising cases of fire hazards such as combustible flash fire and dust explosions in the food processing, paint, and paper and pulp industries are said to help spur the market demand during the next few years. In addition, extensive usage of these fabrics in industrial and home furnishing sector and law enforcement services is also estimated to augment the global demand in the forecast years.

The worldwide flame resistant fabric market is categorized as per application, type, and region. On the basis of application, the market is segregated into defense and public safety services, transport, and industrial protective clothing. The transport application segment can be further categorized into aircraft, automotive, marine, and railways. On the basis of type, the market is segregated into non-apparel and apparel. On the basis of geographies, the global market is divided into North America, Europe, Asia Pacific (APAC), and Middle East and Africa (MEA).

View More Reports Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers

The North America and Europe regions are anticipated to be the largest regional market for flame resistant fabrics during the forecast years. This is mainly due to the presence of various stringent regulations regarding fire safety in these regions. The APAC regional market is likely to have a rapid expansion on account of the rise in demand from a number of end use industry verticals such as chemicals, oil and gas, and others. Moreover, escalating demand in the transportation sector especially in the emerging countries such as China and India is further expected to foster the regional market development in coming years. The MEA region is said to have a rapid development with a healthy growth rate as a result of high usage of these fabrics in various end use sectors in the region.

E. I. du Pont de Nemours and Company; PBI Performance Products, Inc.; Gun Ei Chemical Industry Co. Ltd.; Solvay SA; and Milliken & Company are some of the major companies operating in the global market. In order to maintain the top position in the market, most of these companies compete through following market strategies such as developing new products and technologies that are cost-effective, mergers and acquisitions, distribution agreements by implementing effective supply chain management (SCM) systems, and investing in various research and development activities.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

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