The comprehensive report published by Fact.MR offers an in-depth intelligence related to the various factors that are likely to impact the demand, revenue generation, and sales of the Flame Resistant and Retardant Fabric market. In addition, the report singles out the different parameters that are expected to influence the overall dynamics of the Flame Resistant and Retardant Fabric market during the forecast period (2019-2029).
As per the findings of the presented study, the Flame Resistant and Retardant Fabric market is poised to surpass the value of ~US$ XX by the end of 2029 growing at a CAGR of ~XX% over the assessment period. The report includes a thorough analysis of the upstream raw materials, supply-demand ratio of the Flame Resistant and Retardant Fabric in different regions, import-export trends and more to provide readers a fair understanding of the global market scenario.
The report segregates the Flame Resistant and Retardant Fabric market into different segments to provide a detailed understanding of the various aspects of the market.
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The competitive analysis of the Flame Resistant and Retardant Fabric market includes valuable insights based on which, market players can formulate impactful growth strategies to enhance their presence in the Flame Resistant and Retardant Fabric market.
The regional analysis section of the report throws light on the growth prospects of the Flame Resistant and Retardant Fabric market in each region supported by relevant graphs, tables, and figures.
End-Use Industry Flame Resistant and Retardant Fabric Adoption Analysis
The market study sheds light on the forecasted demand/consumption pattern for the Flame Resistant and Retardant Fabric from different end-use industries over the forecast period.
prominent players have been profiled and studied in the report.
Robust demand for these fabric for application in the production of protective clothing for fire fighters, naval & armed forces, and miners, is a key growth determinant for the market. For example – anti-flash gloves and hoods derived from Kevlar are currently being used by Royal New Zealand Navy (RNZN), and a flame retardant jute-based fabric has been developed by the IJIRA – Indian Jute Industries Research Association, for use as brattice clothing by coal miners.
Development of Nanotechnology-based Flame Retardant Fibers for Military and Space Exploration Applications
There is a growing requirement of flame retardant materials that have textured surfaces in engineering and industrial applications. Recognizing the need, a group of researchers at Defense Institute of Advanced Technology (DIAT) have developed a nano-engineered polymer-based fabric particularly for applications in the space industry and armed forces personnel.
This fabric developed by DIAT is highly flame resistant and retardant to hyper-saline solutions, and is also capable of withstanding ultraviolet radiation and low temperatures. This nano-engineered polymer fabric exhibits excellent integrity when exposed to chemical attacks as well as low and high temperature. Apart from space exploration and military applications, this fabric can also be effectively used in other security forces including air force and the navy.
Growing Offshore Oil & Gas Investments to Boost Demand for Flame Resistant & Retardant Fabrics
Post-high uncertainty in oil & gas industry over the past few years, which was influenced by a plethora of factors including the advent of shale oil production, oil cost-cutting measures, and falling oil prices, offshore production has experience a downward trend. However, with stabilizing oil prices the offshore oil & gas exploration industry’s outlook for the future seems promising, with several large projects impending to be deployed such as Bonga Southwest, ACG and Mad Dog Phase 2.
Alarming number of fatalities and injuries have been associated with workers in the oil & gas industries, according to the Occupational Safety and Health Administration (OSHA). Recognizing the concern of these workers, OSHA rolled out an official memo, which compels oilfield companies to provide workers with flame retardant clothing, to the entire oil & gas industry.
This resulted into a dramatic decline in the number of fatalities in the industry with respect to fire to and explosion, according to a comparative analysis carried by Bureau of Labor Statistics in 2016. Increasing oil & gas exploration activities coupled with innate requirement for flame retardant and resistant clothing in the industry will drive the market growth in the near future.
Note: The insights mentioned here are of the respective analysts, and do not reflect the position of Fact.MR
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Key findings of the report:
- Intricate assessment of the competitive landscape of the Flame Resistant and Retardant Fabric market
- Country-specific analysis of the supply-demand ration for the Flame Resistant and Retardant Fabric in different geographies
- Influence of technological advancements on the Flame Resistant and Retardant Fabric market
- SWOT analysis of each company profiled in the report
- Y-o-Y growth projection for different market segments
The report aims to eliminate the following doubts related to the Flame Resistant and Retardant Fabric market:
- Which market segment is projected to generate the maximum revenue during the forecast period?
- Which region is expected to present lucrative opportunities for market players?
- What are the most preferred sales and distribution channels in the Flame Resistant and Retardant Fabric market?
- What are the potential roadblocks market players are likely to face during the forecast period?
- Which market player is expected to dominate the Flame Resistant and Retardant Fabric market in terms of market share in 2019?
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