HOME › Research Insight › New Product Launches and Agreements are the Key Strategies Adopted by the Leading Players in the Global Fire Resistant Fabrics Market
New Product Launches and Agreements are the Key Strategies Adopted by the Leading Players in the Global Fire Resistant Fabrics Market
The global fire resistant fabrics market was USD 3.86 Billion in 2015 and is projected to reach USD 5.27 Billion by 2021, at a CAGR of 5.3% from 2016 to 2021. Agreements, new product launches, acquisitions, and expansions are the strategies adopted by the key players to strengthen their positions in the global fire resistant fabrics market. The maximum number of strategic developments undertaken between 2012 and 2016, took place in North America, followed by the Asia-Pacific region, and Europe.
The key players operating in the global fire resistant fabrics market are E.I. DuPont De Nemours and Company (U.S.), Kaneka Corporation (Japan), PBI Performance Products Inc. (U.S.), Royal TenCate N.V. (Netherlands), Teijin Ltd. (Japan), Westex By Milliken (U.S.), Gun EI Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (U.S.), Lenzing AG (Austria), Solvay S.A. (Belgium), W. L. Gore & Associates Inc. (U.S.), and others.
E.I. DuPont De Nemours and Company (U.S.) is the major fire resistant fabrics manufacturer, globally. The company has been focusing on agreements and new product launches to strengthen its market presence. For instance, in December 2014, the DuPont Protection Technologies unit won a contract worth USD 1.8 million from the Defense Logistics Agency Troop Support (DLA-TS) (U.S). The three-year contract entails building and maintaining a buffer stock of DuPont Nomex fibers and fabric for military applications. This helped the company to ensure long term supply of Nomex fibers. Also, the company launched a new product under its Nomex brand. The new product Nomex MHP, offers protection against various thermal hazards. This helped the company to attract more customers.
Teijin Ltd. (Japan) is another key player in the global fire resistant fabrics market. The company, in February 2016, designed new Twaron and Technora para-aramid fibers to protect lodges and evacuation shelters from airborne volcanic fragments. The new fabrics provide superior heat resistance and elastic modulus.
This report provides a detailed analysis of the global fire resistant fabrics market and segments the same based on type, application, end-use industries, and region. Based on type, the market has been segmented into treated (FR Cotton, FR Viscose, FR Polyester, and FR Nylon 6), and inherent (Aramid, PBI, PI, Modacrylic, and Polyamide). Based on application, the market has been segmented into apparel (protective clothing), and non-apparel (interior fabrics for transportation, household, and industrial). Based on end-use industry, the market has been segmented into industrial [oil & gas, construction & manufacturing, and others (mining and chemical)], defense & public safety services (military and firefighting & law enforcement), transport (railways, aircraft, marine, and automotive), and others (sporting goods, and furniture & furnishing). Based on region, the market has been segmented into the Asia-Pacific, Europe, North America, South America, and Middle East & Africa.
Fire Resistant Fabrics Market by Type (Treated (FR Cotton and FR Viscose), Inherent (Aramid and PBI)), Application (Apparel, Non-Apparel), End Use Industry (Industrial, Defense & Public Safety Services, Transportation) - Global Forecast to 2021
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India