Protective fabrics market projected to reach USD 4.0 Billion by 2021, registering a CAGR of 4.2% between 2016 and 2021
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The global protective fabrics market is driven by increased demand from end-use industries such as building & construction, oil & gas, firefighting, healthcare, law enforcement & military, and others. The increasing concern for the safety of military personnel is also a key factor supporting the growth of the protective fabrics market.
Fire & heat-resistant fabrics is the fastest-growing type of protective fabrics. The rising demand from end-use industries is driving the market for fire & heat-resistant fabrics. The demand for fire & heat-resistant fabrics is expected to increase as these fibers are preferred for their ultra-high strength and high thermal- and fire- resistance. Due to their properties, they are highly preferred in security & protection applications. The increased demand for protective apparels such as helmets, jackets, fire resistant clothing, firefighting gears, and equipment are driving the fire & heat-resistant fabrics market.
Healthcare is the fastest-growing end-use industry of protective fabrics. Increasing standards of medical hygiene has triggered the need of medical clothing. The growing need for safe & protective medical treatments is driving the market for protective fabrics in this end-use sector. The building & construction is the largest application for protective fabrics.
North America is the largest protective fabrics market and is expected to witness moderate growth during the forecast period. Various safety regulations in the region mandate the use of protective clothing in various end-use industries. Asia-Pacific is the fastest-growing market for protective fabrics, in terms of value. Growing industrialization and infrastructure development in the region offer enormous opportunities for the growth of the protective fabrics market in the region. China is the largest market in the region. The growth in personal protection equipment and protective clothing industries is projected to increase the demand for protective fabrics in the region.
Higher pricing of specialized fabrics and the requirement of huge investments for R&D acts as a restraint for the protective fabrics market.
The competitiveness of the protective fabrics market is continuously increasing with innovative and new product launches. Strategic developments are mostly undertaken by major players such as Teijin Limited (Japan), Koninklijke Ten Cate NV (Netherlands), W. L. Gore & Associates, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), and 3M Company (U.S).
List of Figures (51 Figures)
Figure 1 Protective Fabrics Market: Research Design
Figure 2 Market Size Estimation: Bottom-Up Approach
Figure 3 Market Size Estimation: Top-Down Approach
Figure 4 Protective Fabrics Market: Data Triangulation
Figure 5 Fire & Heat-Resistant Fabrics to Dominate the Protective Fabrics Market, 2016–2021
Figure 6 PBI to Register the Highest CAGR Between 2016 and 2021
Figure 7 Healthcare to Register the Highest CAGR Between 2016 and 2021
Figure 8 Asia-Pacific to Witness the Fastest Growth Rate During the Forecast Period
Figure 9 North America is Estimated to Be the Largest Market Between 2016 and 2021
Figure 10 Protective Fabrics Market to Witness Rapid Growth Between 2016 and 2021
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