The fire-resistant fabrics industry has captured $3.04 billion revenue in 2021 and is expected to rise at the rate of 5.90% from 2021 to 2030, to generate $5.09 billion in 2030. It is due to the growing demand for these materials from the mining, chemical, and oil & gas sector, led by stringent workplace safety regulations in developed countries.
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The fire-resistant fabrics provide a protective barrier during the explosion or direct exposure to fire. These fabrics are more resistant compared to traditional clothing due to their chemical structure, and hence they do not burn readily.
Such fabrics are usually made of cotton-based textiles that reduce the risk of fire. These textiles possess greater natural resistance compared to fireproof fibers and other traditional fibers that require chemical treatment.
These fabrics are flammable, and can be treated with fire-retardant chemicals to boost flame retardation.
In addition, the rising requirement for fire-resistant textiles in commercial and residential furnishings, as well as surging government investment in safety improvement propels the industry growth.
Based on type, the market is bifurcated into treated and inherent fire-resistant fabrics. Of these two types, treated variants held the larger market share, with revenue of around $1.8 billion in 2021, due to their low cost.
The rising oil & gas industry application of fire-resistant fabrics fuels the material demand. Therefore, these are worn to protect from the extreme heat and working conditions at exploration refineries and sites.
The current government regulations, including direct and indirect expenses caused by workplace accidents, have increased the fire-resistant fabrics demand in traditional energy firms.
Furthermore, oil & gas is the most -hazardous sector for employees, Operations related to refining goods drilling, servicing, and production is more likely to cause flash fire hazards. It may result in third-degree death and injuries.
The fire-resistant fabrics are worn to reduce the burn injuries severity and increase the time for users to move away from the burning environment.
Therefore, the increasing demand to reduce fire burn accidents fuels the requirement for fire-resistant fibers.
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