Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 594.25 Million | USD 870.38 Million | 3.89% | 2024 |
The global Textile Flame Retardants Market accrued earnings worth around USD 594.25 Million in 2024 and is predicted to grow to around USD 870.38 Million by 2034 with a compound annual growth rate (CAGR) of roughly 3.89% between 2025 and 2034. The report analyzes the global textile flame retardants market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the textile flame retardants industry.
The report offers assessment and analysis of the Textile Flame Retardants Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data.
Textile flame retardants are fabrics that are more fire resistant in comparison to other fabrics as they are made up of fireproof fibers. Moreover, these products are manufactured from either natural flame resistant fibers or are treated with flame resisting chemicals. For the record, key groups of flame retardants utilized in textiles are nitrogen, halogens, and phosphorous groups. Furthermore, textile flame retardants find extensive applications in defense, industrial manufacturing, and transportation sectors.
Rise in awareness among customers about fire accidents, efficacy of flame retardants, and benefits offered by product will drive market trends. Surge in demand for cellulosic & nylon blended fibers will steer expansion of textile flame retardants industry. Rise in preference for flame retarding products in textile production will boost market demand. Fire safety is a key cause of concern for various governments across globe and this will benefit expansion of textile flame retardants industry. Nonetheless, rapid spread of COVID-19 pandemic can disrupt supply chain activities resulting in low supply and sale of textile flame retardants, thereby putting brakes on growth of textile flame retardants market.
Furthermore, probability of textile fabrics getting caught in fire has culminated into massive demand for flame retardants in textile industry, thereby steering elevation of textile flame retardants market size. Use of eco-friendly products with flame retarding features for manufacturing clothes will enhance market profits.
Report Attributes | Report Details |
---|---|
Report Name | Textile Flame Retardants Market |
Market Size in 2024 | USD 594.25 Million |
Market Forecast in 2034 | USD 870.38 Million |
Growth Rate | CAGR of 3.89% |
Number of Pages | 155 |
Key Companies Covered | Albemarle Corporation, ICL, Lanxess A.G, Clariant International Ltd., Italmatch Chemicals S.p.A, Huber Engineered Materials, BASF SE, Thor Group Ltd, Avocet Dye & Chemical Co. Ltd., and others. |
Segments Covered | By Product, By Application, By Type, By Technology, By End-use, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific Textile Flame Retardants Market Size To Expand Profusely Over 2021-2028
Growth of textile flame retardants industry in Asia Pacific over the assessment period is owing to rise in funding of the textile industry across countries such as China and India. Strict government legislation focusing on the manufacture of green products has compelled industry players to produce textile flame retardants using environment-friendly materials, thereby embellishing regional market trends. Easy access to the skilled workforce at reasonable wages and raw materials at reduced costs will expand scope of textile flame retardants market in the sub-continent.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the textile flame retardants market on a global and regional basis.
The global textile flame retardants market is dominated by players like:
The global textile flame retardants market is segmented as follows;
By Product
By Application
By Type
By Technology
By End-use
By Region
FrequentlyAsked Questions
Rise in awareness among customers about fire accidents, efficacy of flame retardants, and benefits offered by product will drive market trends. Surge in demand for cellulosic & nylon blended fibers will steer expansion of textile flame retardants industry. Increase in preference for flame retarding products in textile production will boost market demand. Fire safety is a key cause of concern for various governments across globe and this will benefit expansion of textile flame retardants industry.
The global textile flame retardants market is expected to grow due to increasing demand from automotive and construction sectors, rising awareness of workplace safety, and growth in protective clothing applications.
According to a study, the global textile flame retardants market size was worth around USD 594.25 Million in 2024 and is expected to reach USD 870.38 Million by 2034.
The global textile flame retardants market is expected to grow at a CAGR of 3.89% during the forecast period.
Asia-Pacific is expected to dominate the textile flame retardants market over the forecast period.
Leading players in the global textile flame retardants market include Albemarle Corporation, ICL, Lanxess A.G, Clariant International Ltd., Italmatch Chemicals S.p.A, Huber Engineered Materials, BASF SE, Thor Group Ltd, Avocet Dye & Chemical Co. Ltd., among others.
The report explores crucial aspects of the textile flame retardants market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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