DuPont de Nemours, Inc. (US) and Lenzing AG (Austria) are Leading Players in the Fire-Resistant Fabrics Market
The fire-resistant fabrics market is projected to grow from USD 3.5 billion in 2023 to USD 4.9 billion by 2028, at a CAGR of 6.6% during the forecast period. The market growth is primarily driven by factors such as stringent regulations and standardization pertaining to safety at the workplace, increased demand from industries such as chemicals, construction, and oil & gas, and urbanization & infrastructure development.
The fire-resistant fabrics market is evolving, with major players playing a vital role in developing new and advanced products. DuPont de Nemours, Inc. (US), Teijin Ltd. (Japan), Royal TenCate N.V. (Netherlands), Kaneka Corporation (Japan), PBI Performance Products Inc. (US), Milliken & Company (US), Gun-Ei Chemical Industry Co., Ltd. (Japan), Huntsman Corporation (US), Lenzing AG (Austria), Solvay SA (Belgium), and W.L. Gore & Associates Inc. (US) are key players in the fire-resistant fabrics market. These players have adopted various growth strategies to strengthen their position in the market. These include new product launches, mergers and acquisitions, contracts, partnerships, and product development activities to further expand their presence in the fire-resistant fabrics market.
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DuPont de Nemours, Inc.
One of the top producers and creators of sophisticated materials, textiles, polymers, and numerous industrial products worldwide is DuPont de Nemours, Inc. The corporation is listed on the stock exchanges in India, Europe, and the US. The business produces goods including adhesives, cutting-edge printing solutions, building supplies, consumer goods, electronic & industrial, textiles, fibers & nonwovens, medical solutions, etc. The company divides its clientele into three groups: corporate and others, water protection, and electronics & industrial. The industrial solutions sub-segment of the electronics & industrial market is where the company sells fire-resistant fabrics. The business has multiple subsidiaries spread throughout 50 nations, manufacturing facilities, and R&D facilities in 25 nations worldwide across the continents of Asia Pacific, North America, Europe, the Middle East & Africa, and South America.
In May 2020, DuPont Personal Protection launched a new product, face coverings which are made with NOMEX in response to the protection needs of COVID-19 workers. These face coverings are proven to be flame resistant, lightweight, and highly durable, providing comfort and protection.
Lenzing AG
Lenzing AG produces textile-related products. The business manufactures synthetic cellulose fibers for use in technical fibers, nonwovens, and textiles. The business is listed on the Australian Securities Exchange. The company's products are used in a variety of applications, including biorefinery and co-products, nonwoven applications, industrial applications, home textiles, garment applications, and home textiles. Three business segments, including fiber, pulp, and others, make up the company's operations. Through its fiber section, the business sells fabrics that resist fire. The company has sales offices in 15 countries worldwide, spread over the regions of Asia Pacific, North America, Europe, Middle East & Africa, and South America. It also has five significant production sites and nine R&D centers.
In November 2020, Lenzing AG introduced block chain technology. The block chain technology allows the traceability of textiles across all stages of production and sales back to the fibers. With this technology the customers, partners, and consumers now have an overview of the entire textile supply chain.
Teijin Ltd.
Teijin Ltd. is one of the world's leading manufacturers and suppliers of technical textiles, medical products, industrial textiles, and garment materials. The business has a listing on the Japan Stock Exchange. The business is engaged in the development of aramid, resin flame retardant and additives, carbon fibers, and product conversion, as well as in the fields of engineering, health care, IT, and the environment. The business of the corporation is divided into five segments: materials, fibers and product conversion, healthcare, information technology, and others. The business's materials division sells fabrics that are fire-resistant. The corporation has manufacturing locations in more than 15 different nations across 20 different continents, including Asia Pacific, North America, Europe, South America, and the Middle East and Africa.
In April 2023, Teijin Ltd. announced the launch of a new fire-resistant fabric named Tenax. This is a woven carbon fiber fabric coated with a thermoplastic polymer and completely impregnated, and consolidated sheets made of several layers of Tenax.
Related Reports:
Fire-Resistant Fabrics Market by Type (Treated and Inherent), Application (Apparel and Non-apparel), End-Use Industry (Industrial, Defense and Public Safety Services, Transport), and Region - Global Forecast to 2028
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