Market Size of Fire-resistant Fabrics Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 3.32 Billion |
Market Size (2029) | USD 4.39 Billion |
CAGR (2024 - 2029) | 5.73 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Fire-resistant Fabrics Market Analysis
The Fire-resistant Fabrics Market size is estimated at USD 3.32 billion in 2024, and is expected to reach USD 4.39 billion by 2029, growing at a CAGR of 5.73% during the forecast period (2024-2029).
The market was negatively impacted due to the COVID-19 pandemic. Owing to the pandemic, several countries worldwide went into lockdown to curb the spread of the virus. This completely disrupted the supply and demand chain, negatively affecting the market. The market has recovered from the COVID-19 pandemic and has grown at a significant rate.
- Over the short term, stringent industrial standards for fabrics, the increasing demand for fire-resistant fabrics in home and commercial furnishing, and growing demand from the mining industry in South America are driving the market's growth.
- On the flip side, the high price of raw materials that are used to make fire-resistant fabric and the lack of safety compliances are expected to hinder the market's growth.
- Nevertheless, rapid industrialization in BRICS countries (Brazil, Russia, India, China, and South Africa) is expected to be an opportunity during the forecast period.
- Asia-Pacific is expected to account for the largest share during the forecast period, owing to increasing consumption from countries such as China and India.
Fire-resistant Fabrics Industry Segmentation
Fire-resistant fabrics are textiles designed to provide superior resistance to fire compared to traditional materials, using fireproof fibers or chemical treatment. The fiber swells and becomes thicker when exposed to flame, forming a protective barrier between the fire source and the skin.
The fire-resistant fabrics market is segmented by type, application, and geography. By type, the market is segmented into apparel and non-apparel. By application, the market is segmented into industrial protective and mining, clothing, transport, defense, and firefighting services, and other applications (parachute fabric, motor racing apparel, etc.). The report also offers market size and forecasts for 27 countries across major regions. For each segment, market sizing and forecasts were done on the basis of value (USD).
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Apparel | |
Non-apparel |
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Industrial Protective and Mining Clothing | ||||||
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Defense and Firefighting Service | ||||||
Other Applications |
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Fire-resistant Fabrics Market Size Summary
The fire-resistant fabrics market is poised for significant growth, driven by increasing demand across various sectors such as transportation, aerospace, and industrial applications. The market's recovery from the COVID-19 pandemic has been robust, with a resurgence in demand attributed to stringent industrial standards and the rising need for safety in home and commercial furnishings. The mining industry in South America also contributes to this growth. However, challenges such as high raw material costs and safety compliance issues may impede progress. The rapid industrialization in BRICS countries presents a promising opportunity for market expansion, with Asia-Pacific expected to dominate the market share due to heightened consumption in China and India.
In the transportation sector, the demand for fire-resistant fabrics is bolstered by the growth of the global automobile industry and the increasing production of electric vehicles, particularly in Asia-Pacific. The aviation industry also plays a crucial role, with the need for fire-resistant materials in aircraft production driven by rising passenger volumes and the replacement of older jets. China's robust aerospace manufacturing and government initiatives to promote electric vehicles further enhance the demand for fire-resistant fabrics. The market is characterized by fragmentation, with key players like DuPont, Indorama Corporation, and Solvay leading innovations and expansions to meet the evolving needs of various industries.
Fire-resistant Fabrics Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Stringent Industrial Standards for Fabrics
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1.1.2 Increasing Demand for Fire-resistant Fabrics in Home and Commercial Furnishing
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1.1.3 Growing Demand from the Mining Industry in South America
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1.2 Restraints
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1.2.1 High Price of Raw Materials Used to Make Fire-resistant Fabrics
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1.2.2 Lack of Safety Compliance
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 By Type
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2.1.1 Apparel
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2.1.2 Non-apparel
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2.2 By Application
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2.2.1 Industrial Protective and Mining Clothing
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2.2.2 Transport
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2.2.2.1 Railway
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2.2.2.2 Aircraft
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2.2.2.3 Automotive (Roadway)
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2.2.2.4 Marine
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2.2.3 Defense and Firefighting Service
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2.2.4 Other Applications
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2.3 By Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 Thailand
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2.3.1.6 Malaysia
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2.3.1.7 Indonesia
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2.3.1.8 Vietnam
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2.3.1.9 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Spain
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2.3.3.6 Russia
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2.3.3.7 NORDIC
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2.3.3.8 Turkey
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2.3.3.9 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Colombia
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2.3.4.4 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Qatar
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2.3.5.4 United Arab Emirates
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2.3.5.5 Egypt
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2.3.5.6 Nigeria
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2.3.5.7 Rest of Middle East and Africa
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Fire-resistant Fabrics Market Size FAQs
How big is the Fire-resistant Fabrics Market?
The Fire-resistant Fabrics Market size is expected to reach USD 3.32 billion in 2024 and grow at a CAGR of 5.73% to reach USD 4.39 billion by 2029.
What is the current Fire-resistant Fabrics Market size?
In 2024, the Fire-resistant Fabrics Market size is expected to reach USD 3.32 billion.