Textile Flame Retardants Market - Global Industry Analysis

The global Textile Flame Retardants Market accrued earnings worth approximately 525 (USD Million) in 2020 and is predicted to gain revenue of about 721(USD Million) by 2028, is set to record a CAGR of nearly 3.8% over the period from 2021 to 2028. 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. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million).

Textile Flame Retardants Market: Outlook

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.

Textile Flame Retardants Market: Growth Factors

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 Scope:

Textile Flame Retardants Market: Regional Insights

Asia Pacific Textile Flame Retardants Market Size To Expand Profusely Over 2021-2028

Growth of textile flame retardants industry in Asia Pacific over assessment period is owing to rise in funding of textile industry across countries such as China and India. Strict government legislations focusing on manufacture of green products has compelled industry players produce textile flame retardants using environment friendly materials, thereby embellishing regional market trends. Easy access to skilled workforce at reasonable wages and raw materials at reduced costs will expand scope of textile flame retardants market in sub-continent.

Competitive Landscape

Key players profiled in study and influencing market growth are Toyobo Company Limited, Teijin Aramid BV, LANXNESS AG, Israel Chemicals Limited, Solvay S.A., Albemarle Corporation, Lenzing AG, Kaneka Corporation, Huntsman Corporation, Clariant International Limited, Gun Ei Chemical Industry Co, PBI Performance Products, Koninklijke Ten Cate B.V., Milliken & Company, Nabaltec AG, and E. I. du Pont de Nemours and Company.

The global Textile Flame Retardants Market is segmented as follows:

By  Type

• Nondurable
• Semi-Durable
• Durable

By Technology

• FOAM COATING
• PRINTING
• DRYING
• Baking

By End-User

• MINING
• Chemical
• Oil & Gas
• Construction
• Manufacturing

By Application

• Aramid
• Polypropylene
• PVC
• Polyurethane
• Nylon 6,6
• Nylon
• Viscose
• Cotton
• Polyester

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa