TEXTILES.ORG
According to Research and Markets, the global fire-resistant fabrics market is poised for substantial growth, projected to increase from $3.5 billion in 2023 to $4.9 billion by 2028, reflecting a CAGR of 6.6 percent.
The Asia-Pacific region, driven by its growing population and the increasing disposable income of the middle-class demographic, stands out as a significant driver. Countries including China and India offer substantial growth potential for fire-resistant fabrics as consumers in the region seek to embrace Western trends.
Many fire-resistant fabric brands have relocated their manufacturing facilities to countries like China, India, Bangladesh and Cambodia, benefiting from the availability of raw materials and cost-effective labor. Consequently, the Asia-Pacific region claims the largest market share in this market in 2022.
Key industry players include DuPont de Nemours Inc., Teijin Ltd., Royal TenCate N.V., Kaneka Corp. and PBI Performance Products Inc., among others, shaping the competitive landscape and driving innovations.
Fire-resistant fabrics serve as critical components in personal protective equipment (PPE) across various sectors including defense, law enforcement and firefighting, as well as in hazardous environments such as the chemical, construction, and oil and gas industries. These fabrics also have applications in transportation, household and industrial furniture, roofing and flooring materials.
Apparel is projected to be the fastest growing market in fire-resistant fabrics. Increased acceptance of contemporary technology, inventions, easy access to affordable land, low-cost labor, and the region’s expanding population have all contributed to a rise in foreign investment and a boom in apparel applications.
Additionally, the expansion of sectors including the automotive, chemical, construction, infrastructure, mining, energy and healthcare is boosting demand for textiles and safety equipment, which is propelling the use of protective fabrics and materials that resist fire.