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NEW YORK , Jan. 21, 2021 /PRNewswire/ -- The global flame retardant apparel market size is expected to reach USD 5.11 billion by 2027 according to a new study conducted by Polaris Market Research the market is anticipated to register a CAGR: 6.7% from 2020 to 2027. Increasing demand for flame retardant apparel across different verticals such as oil & gas, automotive, building & construction, electric power generation, and chemical, for ensuring worker safety is anticipated to drive the market. Rising cases of fire accidents across the globe is one of the key factors that boosting demand for such apparel. Stringent workplace safety protocols about the compulsory use of protective apparel for preventing workplace accidents further propel the market growth. An emerging trend for long-lasting and multi-functional clothing along with high chemical resistance is predicted to fuel the growth of the market.
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Major Developments and Key Trends in Flame Retardant Apparel Market
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North America is one of the leading markets for flame retardants, owing to an increase in the adoption of protective products across various industrial verticals. The region is witnessing healthy competition among small-scale and large-scale manufacturers, thereby resulting in the overall progress of the market. The same growth trend is also experienced in the Asia Pacific region, on account of the rising demand for reliable flame retardant apparel solutions coupled with the presence of leading manufacturers. Rapid advancements in the current manufacturing process of protective wear and increasing workplace safety policies are estimated to augment tremendous growth for the regional market.
The global flame retardant apparel market is witnessing a major shift in marketing channels as companies integrating various e-commerce channels to promote their products. Leading companies from major economies such as India , China , and the U.S. are focusing more on e-commerce platforms to gain a competitive edge over other market players. present in the global flame retardant market are Honeywell Safety, Bulwark, Seyntex N.V., Fristads, Marina Textil S.L., DEVA F-M. s.r.o., Koninklijke Ten Cate N.V., Portwest Ltd., Lakeland Industries, and National Safety Apparel Inc.. are some of the prominent players contributing to the market growth.
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Polaris Market research has segmented the flame retardant apparel market report on the basis of product type, type, clothing type, end use, and region
Flame Retardant Apparel Product Type Outlook (Revenue – USD Million, 2016 – 2027)
Flame Retardant Apparel Clothing Type Outlook (Revenue – USD Million, 2016 – 2027)
Flame Retardant Apparel End Use Outlook (Revenue – USD Million, 2016 – 2027)
Flame Retardant Apparel Regional Outlook (Revenue – USD Million, 2016 – 2027)
List of Key Players of Flame Retardant Apparel Market
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