Industrial Protective Fabrics Market size worth over USD 6.5 Billion by 2026
Published Date: December 2, 2020 Authors: Kunal Ahuja, Sonal Singh
According to a new research report by Global Market Insights, Inc., the Industrial Protective Fabrics market size is set to surpass USD 6.5 billion by 2026. Increasing concern over worker’s safety in the occupations of hazardous working environment including manufacturing, chemical industries and construction sites will foster the industry growth.
Growing concerns for fatal accidents owing to numerous hazards is various industries including metallurgy, mining, chemicals, oil & gas and construction is anticipated to fuel demand for protective fabrics. Industrial protective clothing can be used in order to protect worker from hazards including fall, electrical, chemical, dust and rollover and heat. Industrial clothing can be made thick, flexible, workable and should fit closely so that it doesn’t contact any potential hazards which can cause damage to the worker.
Rapid urbanization, industrialization and increasing per capita income among middle class in countries including China, India and ASEAN countries is anticipated to fuel construction and industrial activities, subsequently boosting the industrial protective fabrics market growth. The outbreak of COVID-19 has a significant impact on industrial activities across the globe and adversely affected the supply chain, which may impact the production and supply of industrial protective fabric products and may hamper the industry growth
Superior strength-to-weight, along with high flame & chemical resistance will propel the polybenzimidazole fiber demand for industrial protective fabric formulation
Polybenzimidazole fiber (PBI) segment represent second largest share in the global industrial protective fabrics market and was valued at USD 1,166.3 Million in 2019. PBI is widely used in industrial protective fabric formulation owing to its strong chemical resistance, superior strength-to-weight ratio and resistance to high heat ah flames. Market participants are focusing on research & development activities to produce PBI fiber at low prices owing to its higher cost compared to other fibers.
Growing demand for polyester in firemen suit and industrial protective clothing fabrication to augment the product growth
In 2019, polyester segment was valued at USD 244.6 million in the global industrial protective fabrics market. The demand for polyester is increasing owing to its high flame retardant and flame- resistant properties is driving the product demand for firemen suit fabrication. Furthermore, owing to high strength and flexibility it is also used for spacesuits fabrication. Beneficial attributes including durability, abrasion, chemical, heat and wrinkle resistance making it suitable for PPE manufacturing should foster industry growth.
Browse key industry insights spread across 300 pages 351 market data tables and 37 figures & charts from the report “Global Industrial Protective Fabrics Market By Raw Material (Polyester, Aramid, Polybenzimidazole Fiber (PBI), Polyolefins [Polypropylene, Polyethylene], Polyamide, Cotton Fibers), By Application (Industrial Protective Clothing [Mechanical Protective Clothing, Chemical Defending Garment, Clean Room Clothing], Firemen Suit [Flame Retardant, Flame Resistance], Healthcare & Laboratories, Space Suits, Arc Flash Suits) Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market” in detail along with the table of contents:
Increasing manufacturing activities globally is expected to surge the demand for industrial protective clothing
Industrial protective clothing application segment was valued at USD 1,424.1 million in 2019 and is anticipated to register highest growth driven by growing industrial and manufacturing activities across the globe. Rapid growth of oil & gas, chemical, food processing, automotive, agricultural, and other manufacturing & maintenance activities along with the growing need to protect workers from hazards such as radiation, harmful particulate matter, harmful chemicals, and fire or extreme heat will boost the industrial protective fabrics market growth.
Expanding manufacturing sector in Asia-Pacific to boost industry growth in the region
Rising industries such as automotive, chemicals/pharmaceuticals, transportation equipment, oil & gas, machinery and electrical & electronics products in the Asia Pacific region will foster the industrial protective fabrics market revenue during the forecast period. This is attributed to supportive government initiatives and low labor cost in this region. Furthermore, the region is witnessing several investments from international players are shifting their production bases in Asian countries in order to tap significant opportunities with drive the regional market. The rapid industrialization will support the demand of industrial protective fabric and was valued at USD 838.1 Million in 2019.
Key players are adopting strategies product development, mergers and acquisition along with focusing on investing in research and development activities and increasing production capacity in order to sustain their position in a competitive and fragment market environment. The major players include in the industrial protective fabrics industry are Tencate Fabrics EU, Cerex Advanced Fabrics, Inc, Tex Tech Industries, KOLON Industries, TEIJIN LIMITED., W. Barnet gmbh & co., KLOPMAN INTERNATIONAL, Beijing BW Protect, W. L. Gore & Associates, Inc, DuPont, Inc., Glen Raven, Inc., CETRIKO SL., Loyal textiles mills, Ltd, and Honeywell International, Inc.
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