The global fire-resistant fabrics market is projected to reach $5.09 billion by 2030, witnessing a CAGR of 5.90% between 2021 and 2030, owing to the broadening applications of such apparel in the defense & public safety, oil & gas, construction & manufacturing, automotive & transportation, and other industries.
Flame-resistant fabrics are often made from synthetic fibers that resist igniting, when exposed to flame or heat, for an extended period. Another peculiar thing about them is that they will gradually melt, rather than burning. Depending on the manufacturer, the amount of intrinsically flame-resistant fibers in protective clothing might range from a few percent to the whole surface area.
Furthermore, the rising government focus on ensuring workplace safety and the increasing investments to come up with the appropriate technologies are expected to create ample opportunities for the growth of the fire-resistant fabrics market over the forecast period.
Fire-resistant fabrics are used in automobiles in order to stop the spread of the fire caused by dangerous components and materials, such as batteries, electrical circuits, wiring, and flammable fuels and chemicals. In this regard, the increasing adoption of high-speed vehicles with higher passenger safety is driving the growth of the fire-resistant fabrics market. Moreover, the shifting consumer interest toward technologically advanced automobiles is an important factor that increases the demand for such materials in vehicles. The market is essentially driven by the burgeoning sale of automobiles that offer higher passenger comfort in emerging economies.
China is expected to be the highest revenue contributor in the Asia-Pacific region during the forecast period. The demand for fire-resistant fabrics is mainly driven by the expanding aerospace manufacturing operations across the country. Due to the increasing consumer buying power and improving air connectivity, the industry's development is largely aided by an increase in passenger traffic. As a result, the demand for airplanes is increasing in this country, thereby driving the usage of materials that reduce the risk of fire in an array of interior and exterior parts of aircraft.
Furthermore, one of the most-comprehensive initiatives to reach the peak of development and production may be seen in the Chinese aerospace strategy. China is expected to be the largest market in the world for civilian aircraft over the next 20 years. By 2025, China would likely deliver more than 10% of the domestically produced commercial aircraft to its national airlines, under the "Made in China 2025" strategy. This is expected to create numerous opportunities for fire-resistant textile manufacturers in the coming years.
Moreover, the government's focus on the production of electric vehicles is likely to drive the fire-resistant fabrics market in the next few years, as the automotive industry is one of the major consumers of such material.
Additionally, the automobile sector is one of the biggest customers of fire-resistant materials in China. With a total production volume of 26.08 million cars in 2021, China became the world's largest vehicle manufacturer. As a result, the demand for fire-resistant fabrics will grow significantly in the upcoming years.
The key players operating in the fire-resistant fabrics market include DuPont de Nemours Inc., Kaneka Corporation, PBI Performance Products Inc., TenCate Protective Fabrics, Teijin Ltd., Indorama Corporation, Gun EI Chemical Industry Co. Ltd., Huntsman Corporation, Lenzing AG, and Solvay S.A.