Flame Retardant Fabric Market

As the number of fires in the workplace increases, so does the demand for flame-retardant materials. The flame retardant fabric reduces the rate at which the flame spreads, lowering the risk of ignition. With the usage of nanocomposite synthetic fibers, several unique methodologies are being applied to provide exciting results. According to a recent study, biomacromolecules offer unexpected flame retardant properties when coated on synthetic substrates such as cotton, polyester, and others. Flame retardant fabrics are used in household textiles, public utilities and clothes as well as by a variety of end customers including building & construction, industrial, automotive, aerospace, and others. Flame retardants are also offered in small quantities to the textile, paper, paint industries and adhesives. Natural fibers are not flammable. Silk and wool burn slowly, however untreated natural fibers such as cotton and linen burn quickly, hence flame retardant materials such as boron compounds, alumina trihydrate, antimony trioxide, and others are used to minimize fabric flammability.

Market Scope and Structure Anaysis

 COVID-19 Impact Analysis

• The flame retardant fabric market was negatively affected due to the outbreak of COVID-19.
• The industries such as building & construction, industrial, automotive, aerospace and others were shut down during the COVID-19, which decreases the demand for flame retardant fabrics. 
• The COVID-19 has caused the imposition of lockdown due to which the production of flame retardant fabrics decreased and the global supply chain was affected, this decreased the demand for flame retardant fabrics market.
• The flame retardant fabric market faced a downfall in revenue due to the pandemic. 

 Top Impacting Factors

The fast rise of industrialization has brought with it a slew of known and undiscovered threats, which has shifted the attention to safety, recognizing the importance of using flame retardant materials. The increase in production for flame retardants in the electric industry to reduce the flammability of semiconductors, including the demand for flame retardant chemicals in various end-users such as the construction materials and automotive industry, are the main factors driving the global flame retardant fabric market. Government rules demanding the use of flame retardant garments in end-users such as the oil and gas and chemical industries are also driving the global flame retardant fabric market. Changing fire safety requirements, changes in the usage of specific plastics, and voluntary commitments from businesses are all creating opportunities for the global flame retardant fabrics market. The majority of flame retardant innovation and development occurs in polymeric materials, which opens up commercial prospects in the electronics industry, which in turn opens up opportunities for the global flame retardant fabrics market. However, due to the presence of some harmful compounds in the fabrics that produce a considerable amount of carbon dioxide and hydrogen cyanide when lit, flame retardants are categorized as substances that have an environmental impact and are hazardous to health. As a result, their wide applicability in a variety of end-users may support the global growth of the flame retardant fabric market.

Market Trends

• As the oil and gas and chemical industries grow, so will the demand for flame retardant fabrics in developing nations, owing to the adoption of safety requirements that are already in place in industrialized economies.
• The flame retardant fabric market is well developed in Europe and North America, whereas Asia-Pacific countries that are still expanding are considered to hold the second-largest market for flame retardant fabrics due to increased manufacturing activity and significant investments.
• Market players are adopting many strategies such as acquisition, mergers, contracts, agreements, and partnerships to expand their business.
• DuPont launched the TyvekTogether program in April 2020, introducing a newly tailored Tyvek fabric for health care professionals. This project was created to assist the world in combating the pandemic situation by distributing protective clothing.
• Teijin Aramid, a prominent maker of premium aramids and a member of the Teijin Group, is working to generate high-performance aramid fibers from renewable, bio-based resources by November 2020. This novel strategy is projected to reduce the environmental impact of the manufacturing process.

Key Benefits of the Report

• This study presents the analytical depiction of the flame retardant fabric industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the flame retardant fabric market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the flame retardant fabric market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed flame retardant fabric market analysis based on competitive intensity and how the competition will take shape in the coming years

Questions Answered in the Flame Retardant Fabric Market Report

• Who are the leading market players active in the flame retardant fabric market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?

 Flame Retardant Fabric Market Report Highlights