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Flame Resistant and Retardant Fabric Market Projected to be Resilient During 2017 to 2026

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Fact.MR, in a recently published market study, highlights the important factors that are expected to shape the growth of the Flame Resistant and Retardant Fabric Market over the forecast period 2017 to 2026. The current trends, market drivers, opportunities, and restraints are thoroughly evaluated to provide a clear understanding of the current market landscape and the course the Flame Resistant and Retardant Fabric Market is likely to take over the upcoming decade.

According to the report, the Flame Resistant and Retardant Fabric Market is slated to register a CAGR growth of ~XX% through the considered assessment period owing to several key factors including growing investments in the Flame Resistant and Retardant Fabric space, rise in the number of research and development projects, favorable regulatory policies and more. The analysts at Fact.MR deploy present-day research techniques while curating the market study and gather data from credible and trusted primary and secondary sources.

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Important doubts pertaining to the Flame Resistant and Retardant Fabric market addressed in the report:

  • What are the different micro and macro-economic factors that are expected to influence the growth of the Flame Resistant and Retardant Fabric Market?
  • Why is the market attractiveness of region 2 higher than region 3?
  • What are the latest developments in the Flame Resistant and Retardant Fabric Market?
  • What is the key trend that can be observed in the current Flame Resistant and Retardant Fabric Market landscape?
  • How are market players adapting to evolving regulatory policies?

What value does the Flame Resistant and Retardant Fabric Market study add to our client’s business needs?

  • Intricate and detailed analysis of the various market segments and sub-segments
  • Detailed assessment of the competitive landscape of the Flame Resistant and Retardant Fabric Market
  • Information related to recent product innovations, technological advances, and more
  • Scope for market growth in different regional markets
  • Key insights related to the impact of government policies on the Flame Resistant and Retardant Fabric Market worldwide

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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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This post was originally published on Space Market Research

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