(I-BusinessNews.Com, November 16, 2018 ) A new Fact.MR report envisages the global market for flame resistant and retardant fabric to expand at an impressive 7.3% CAGR through the forecast period, 2017 to 2026. Approximately 680 Mn Sq. Meter of flame resistant and retardant fabric are estimated to be sold worldwide by 2026-end. PBI Performance Products, Inc., Koninklijke Ten Cate NV (TenCate), Gunei Chemical Industry Co., Ltd., and other 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.
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Market Players Entering into Collaboration & Partnerships for Offering Highly-Durable Fabrics
Key players operating in the flame resistant and retardant fabric market have been profiled by the report, which include Koninklijke Ten Cate NV (TenCate), PBI Performance Products, Inc., and Kaneka Corporation amongst others. Leading market players are entering into partnerships and collaborations for offering high-quality products and extend their market reach worldwide.
In 2017, CORDURA® brand of INVISTA, collaborated with the European specialist in workwear, military, & industrial protective fabrics, Carrington, for developing and providing flame retardant fabrics engineered with the CORDURA® NYCO technology for enhancing its durability. INVISTA eyed this collaboration as a strategic step toward expanding its fabric portfolio, and for delivering performance-driven, comfortable, and highly-durable textiles by meeting standards apropos protective clothing.
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.
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Table of Content:
Executive Summary
1.1. Summarizing Key Findings
1.2. Trends and Developments
1.3. Strategic Themes
1.4. Highlighting Action Area – Wheel of FortuneÂÂ
Global Flame Resistant and Retardant Fabric Market Overview
2.1. Introduction
2.2. Market Definition and Scope
2.3. Market Taxonomy and Segments Captured
Global Flame Resistant and Retardant Fabric Market OutlookÂÂ
3.1. Market Size (US$ Mn) & Volume (Tons) and Forecast, 2012-2026
3.2. Market Y-o-Y Growth
3.3. Forecast Factors and Relevance of ImpactÂÂ
Global Flame Resistant and Retardant Fabric Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities
4.4. Trends
Supply Chain and Value Chain AssessmentÂÂ
Actionable Insights and AnalysisÂÂ
6.1. Competition Footprint Matrix
6.2. Scenario Forecast
6.3. PESTLE Analysis
6.4. Porter’s Five Forces Analysis
6.5. Product Life Cycle
6.6. Investment Feasibility Matrix
6.7. List of Distributors
6.8. Key Participants Market Presence (Intensity Map) By Region
Continued………
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