07-Jan-2022 | Zion Market Research
According to findings of Zion Market Research, market for Textile Flame Retardants amassed returns worth nearly US$ 525 million in 2020 and is set to register profits of approximately US$ 721 million by 2028. Moreover, Textile Flame Retardants market is slated to register CAGR of almost 3.8% in 2021-2028. Furthermore, growth of textile flame retardants industry over forecast timespan is subject to massive awareness among end-users about proficiency of flame retardant use in textiles. In addition to this, rise in demand for cellulosic and nylon-blended fibers has transformed phase of expansion of textile flame retardants industry. Apart from this, inclination of individuals towards purchase of clothes possessing fire-resisting characteristics will catalyze & expedite rate of geometric progression of textile flame retardants market. Reportedly, flame retardants are used in clothes in compliance with fire safety standards as well as for withstanding sudden fire outbreaks, thereby driving business space.
Durable Type Segment To Lead Product Landscape Over 2021-2028
Growth of durable type segment over forecast timespan can be credited to rise in demand for durable textile flame retardants in fabric producing firms. In addition to this, these products are preferred more in large number of end-use applications across globe. As per ISO 10528, the product is resistant to multiple machine washes, namely, 50-100 cycles of washing.
Asia Pacific Textile Flame Retardants Industry To Register Lucrative Surge Over Forecasting Timespan
Expansion of textile flame retardants industry in Asia Pacific zone over 2021-2028 is subject to huge investments made by respective governments of India and China for manufacturing textile flame retardants. Growing focus on manufacturing environment friendly products has translated into huge expansion of textile flame retardants market in Asia Pacific zone.
Key players influencing market growth and profiled in report are Huntsman Corporation, Clariant International Limited, Toyobo Company Limited, Nabaltec AG, Solvay S.A., Teijin Aramid BV, LANXNESS AG, Kaneka Corporation, Milliken & Company, Israel Chemicals Limited, PBI Performance Products, Albemarle Corporation, Lenzing AG, Koninklijke Ten Cate B.V., Gun Ei Chemical Industry Co, and E. I. du Pont de Nemours and Company.
Browse the full “Textile Flame Retardants Market- By Type (Nondurable, Semi-Durable, And Durable), By Technology (FOAM COATING, PRINTING, Baking, And DRYING), By End-User (MINING, Oil & Gas, Construction, Manufacturing, And Chemical), And By Application (Aramid, Polypropylene, Polyurethane, Nylon 6,6, Nylon, Viscose, Cotton, Polyester, And PVC): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021–2028.” Report at https://www.zionmarketresearch.com/report/textile-flame-retardants-market
The global Textile Flame Retardants Market is segmented as follows:
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