The global fire resistant protective wear knitted fabric market size is expected to reach USD 823.6 million by 2030, registering a CAGR of 5.4% from 2023 to 2030. The rising product demand is attributed to the growing number blue-collar workers in developing countries along with increasing stringent regulation for worker safety around the globe. The major industry players are focusing on the use of multifunctional fabrics, such as carbon nanofiber, which is antistatic, flame-resistant (FR), and also offers high visibility & protection against oil, water, and soil. A knitted combination of fibers, including both natural and synthetic, as well as different mechanical & chemical processing techniques are used to make these fabrics with enhanced properties & scope of utilization.
In industries, such as metallurgy, chemical, and oil & gas, there is a higher risk of accidents. The demand for multifunctional knitted fabrics is likely to grow with the rising need for safety & protection from more than one type of hazard at workplaces. These factors, coupled with ongoing steps taken by companies to ensure the maximum safety of their workers, are likely to increase the demand for multifunctional FR knitted fabrics over the coming years. There has been a growing product demand from Asia Pacific and the Middle Eastowing to the rising manufacturing activities in these regions. The rapid urbanization in emerging markets, such as Taiwan, India, and Indonesia, is expected to increase spending on infrastructure, manufacturing, power, and transportation, thereby supporting market growth. The Middle East economy is overly dependent on oil & gas and petrochemicals in the manufacturing sector.
In recent years. The Middle Eastern government had diversified and expanded its manufacturing sector to fulfill the growing local and regional demand and position itself on the export platform. The growing domestic consumption of FR protective wear in the Middle East region, on account of the growing oil & gas, industrial, automotive, and energy industries, has forced the regional government to build manufacturing facilities to cater to the rising demand. FR protective wear is essential for workers at the site because the severity of burns to the body can be considerably decreased by wearing protective gear. The incidence of flash fires in the oil & gas industry is very high. Flash fires usually have a short duration but are extremely dangerous and can be possibly fatal if protective wear is not used. This would also escalate the demand for quality FR protective wear knitted fabrics over the forecast period.
In industries, such as metallurgy, chemical, and oil & gas, there is a higher risk of accidents. The demand for multifunctional knitted fabrics is likely to grow with the rising need for safety & protection from more than one type of hazard at workplaces. These factors, coupled with ongoing steps taken by companies to ensure the maximum safety of their workers, are likely to increase the demand for multifunctional FR knitted fabrics over the coming years. There has been a growing product demand from Asia Pacific and the Middle Eastowing to the rising manufacturing activities in these regions. The rapid urbanization in emerging markets, such as Taiwan, India, and Indonesia, is expected to increase spending on infrastructure, manufacturing, power, and transportation, thereby supporting market growth. The Middle East economy is overly dependent on oil & gas and petrochemicals in the manufacturing sector.
In recent years. The Middle Eastern government had diversified and expanded its manufacturing sector to fulfill the growing local and regional demand and position itself on the export platform. The growing domestic consumption of FR protective wear in the Middle East region, on account of the growing oil & gas, industrial, automotive, and energy industries, has forced the regional government to build manufacturing facilities to cater to the rising demand. FR protective wear is essential for workers at the site because the severity of burns to the body can be considerably decreased by wearing protective gear. The incidence of flash fires in the oil & gas industry is very high. Flash fires usually have a short duration but are extremely dangerous and can be possibly fatal if protective wear is not used. This would also escalate the demand for quality FR protective wear knitted fabrics over the forecast period.
Fire Resistant Protective Wear Knitted Fabric Market Report Highlights
- The firefighting application segment is forecasted to grow at the highest CAGR over the forecast period due to the growing demand for comfortable and high-quality materials in protective wear, which are more advanced, chemically treated, or inherently possess fire-resistant properties
- North America accounted for the largest revenue share in 2022 and is estimated to grow at a steady CAGR from 2023 to 2030 due to the presence of stringent regulations regarding worker safety in the region
- The aramid blend fibers segment accounted for the highest revenue share in 2022 due to the superior strength and heat-resistant properties of knitted aramid fabric over other fiber types
- Moreover, knitted aramid fabric neither ignites nor melts in a normal level of oxygen, which makes it ideal for firefighting protective wear
- Asia Pacific is projected to register the fastest CAGR from 2023 to 2030 on account of the growing product application scope in industrial applications, such as the oil & gas industries and chemical facilities
- The high initial investment and R&D cost associated with the new product development is expected to restrain new players from entering the market
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Fire-Resistant Protective Wear Knitted Fabric Market Variables, Trends & Scope
Chapter 4. Fire-Resistant Protective Wear Knitted Fabric Market: Fiber Type Estimates & Trend Analysis
Chapter 5. Fire-Resistant Protective Wear Knitted Fabric Market: Application Estimates & Trend Analysis
Chapter 6. Fire-Resistant Protective Wear Knitted Fabric Market: Regional Estimates & Trend Analysis
Chapter 7. Fire-Resistant Protective Wear Knitted Wear Market - Competitive Landscape
Chapter 8. Company Profiles
List of Tables
List of Figures
Companies Mentioned
- DuPont
- Nam Liong Global Corp.
- Hai Huei International Corp.
- Henan Zhuoer Protective Technology
- Shanghai Tanchain New Material Technology Co., Ltd.
- XM Textiles
- Baltex
- ARGAR Srl
- Sintex Inc.
- Hornwood Inc.
- Refinery Work Wear
- Beverly Knits, Inc.
- Gehring-Tricot Corp
- 4F France
- Toledo Fabrics
- Marback Tricot AB
- Orneule OY
- CP Aluart, SL
- Trikaby AB
- Sampaio & Filhos Texteis
- Sontex DK
- Ar?teks A.?.
- Antex Knitting Mills
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 109 |
Published | April 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 541.3 Million |
Forecasted Market Value ( USD | $ 823.6 Million |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |