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3. New Product Developments and Expansions are the Key Strategies Adopted by Major Protective Fabrics Manufacturers

The growth prospects for protective fabrics market are positive with the market expected to witness a high growth rate between 2016 and 2021, in terms of value. The global protective fabrics market is rapidly evolving with the major market players playing a crucial role in the development of the market. The market is driven by increasing awareness for personnel safety and stringent rules & regulations imposed by governments. Market players are concentrating on increasing their production capacities and developing cost-effective technologies. Major companies are investing to upgrade their manufacturing units for enhanced production of protective fabrics. All these developments meet the increasing demand for protective fabrics from a variety of end-use industries such as building & construction, oil & gas, firefighting, healthcare, law enforcement & military, and others.

New product developments and expansions are the key strategies adopted by major protective fabrics manufacturers in the recent past. The top players in the protective fabrics market adopted these strategies for better penetration and expansion of their business into emerging regions. These developments will help the companies satiate the growing demand of protective fabrics in various applications. Some major players such as Teijin Limited (Japan), Koninklijke Ten Cate NV (Netherlands), W. L. Gore & Associates, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and 3M Company (U.S) dominated the market.

TenCate and Teijin capture the major share the global protective fabrics market. These companies focus on launching innovative products to meet the requirement of their consumers. The growing applications of protective fabrics in various industries demands technological developments as well. Thus, the players are concentrating their efforts in developing advanced technologies.

TenCate Protective Fabrics (U.S.) launched a new TenCate Defender thermal barrier and liner fabrics with TenCate Coolderm technology used in firefighting turnout gear. This combination of fabric and technology makes TenCate Defender one of the most advanced layered systems for firefighters available in the European market. DuPont is also concentrating on introducing advanced products to meet the growing demand for protective fabrics.

Teijin Limited, another player in the protective fabrics market, introduced new meta-protective fabrics in January 2015, which will offer better heat resistance and dye-ability. The company is continuously introducing new products into the market to cater to the demand from end-use industries. In February 2016, the company launched two new protective fabrics for protection from volcanic fragments.

The market leaders have adopted different strategies for the developed and developing countries. North America is leading the market for protective fabrics. This is because of implementation of regulations that mandate the use of protective clothing in various industries. Asia-Pacific is the fastest-growing market for protective fabrics due to the rapidly increasing demand from end-use industries.

Related Reports:

Protective Fabrics Market by Raw Material (Aramid, PBI, Polyester, Cotton fiber, Polyolefin, Polyamide, and Others), by Type ( Fire & Heat-resistant fabric, Chemical resistant fabric, UV resistant fabric, and others), by End-use Industry ( Building & Construction, Oil & Gas, Firefighting, Healthcare, Law enforcement & military, and Others) - Global Trends & Forecast to 2021

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