Flame Retardants Market Size is expected to grow at a CAGR of 13.2% through 2027 | reports and data
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Rising concerns about worker safety and stringent safety regulations imposed by regulatory agencies such as OSHA, NIOSH and others are fueling growth
NEW YORK CITY, NEW YORK, UNITED STATES, Sept. 29, 2022 /EINPresswire.com/ — The global FR apparel market is expected to reach $27.87 billion by 2027, according to a new report from Reports and Data. The FR apparel market is experiencing high demand due to its increasing application in the pharmaceutical, chemical, food processing, paint and pulp and paper industries. This clothing is designed to survive incineration and will normally serve that purpose in all but extreme circumstances. Nevertheless, the high strength of flame-retardant clothing is said to prevent the fire from rising.
It is expected that the increasing demand for wear-resistant products, which are comfortable, lighter and better heat-resistant, will attract market participants to focus on R&D investments to improve product efficiency. The growing trend towards durable and versatile clothing, combined with strong mechanical and chemical resistance, is expected to drive demand for FR clothing in the years to come.
Flame retardant clothing is made from non-conductive fabrics that prevent further burns to the wearer by not melting against the skin. Flame retardant garments must meet the requirements set by safety equipment organizations such as OSHA (Occupational Safety and Health Administration) and NFPA (National Association for Fire Prevention).
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Key attendees include National Safety Apparel, Lakeland Industries, 3M, Honeywell International, Williamson-Dickie Manufacturing, Kimberly-Clark, Carhartt, Cintas, Ansell and Bulwark, among others.
Other key findings from the report suggest
Based on the product, single-use FR clothing generated $3.55 billion in sales in 2019. It is projected to increase at a CAGR of 13.2% over the forecast period due to the consistency of the disposable clothing with resilience to exceptionally high temperatures and the potential to resist minor burns.
The woven species is expected to grow at a CAGR of 13.1% over the forecast period as woven fabrics are reinforced by cross-crossing threads that create a strong barrier, making them more robust and substantial.
The pharmaceutical industry is the largest contributor to the flame retardant apparel market. The pharmaceutical sector of the North American region is the main shareholder of the market, holding around 26.0% of the market in 2019, which is attributed to the increased use of chemicals, innovative development methods and more complicated and risky procedures leading to an increased exposure capacity to the chemistry.
Europe dominated the FR apparel market in 2019. The region’s consistent focus on cost-effective and innovative processes used in the region drives the market. The European region held about 31.0% of the market, followed by North America, which held about 29.0% of the market in 2019.
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Product Outlook (Volume, Kilotons; 2017-2027) (Revenue, $Bn; 2017-2027)
Durable flame retardant clothing
Flame retardant disposable clothing
Type Outlook (Volume, Kilotons; 2017-2027, Revenue, $Bn; 2017-2027)
Application Outlook (Volume, Kilotons; 2017-2027) (Revenue, USD bn; 2017-2027)
pulp and paper industry
Major Regional Markets Covered in the Report:
North America (USA, Canada, Mexico)
Europe (Italy, UK, Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key questions the report answers:
What is the expected annual growth of during the forecast period?
What are the key trends expected to influence the revenue growth of the market in the future?
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