The global demand for Textile Flame Retardants Market is presumed to reach the market size of nearly USD 848.72 MN by 2028 from USD 619.5 MN in 2021 with a CAGR of 4.6% under the study period 2022 - 2028.
Textiles play a vital role in daily life, yet they have the disadvantage of posing a fire risk due to their flammability. Textile flame retardants are additives that effectively suppress/delay the flame spread rate or limit textiles combustion rate. Flame retardants are categorized based on their chemical composition: compounds containing halogens (bromine and chlorine), compounds containing nitrogen, mineral-based flame retardant chemicals (based on aluminium and magnesium) and phosphorus compounds that act as flame retardants.
Market Dynamics
Increased demand for fire retardant fabrics from various end-use industries, like defence, transportation, and industrial manufacturing, is driving the textile flame retardants market. Consumer knowledge of the importance of escape time during fires, the effectiveness of flame retardants, and their benefits is likely to propel product demand even higher. In addition, the textile industry's recent growth has been fueled by an increase in demand for viscose/cellulosic and nylon-blended fibres. The textiles flame retardant market is likely to be driven by the expanding application range of such fibres and increased demand for products with fire-resistant qualities. Furthermore, the rise in flammability caused by electric shocks, particularly in the residential sector, is projected to augment the textiles flame retardants market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of textile flame retardants. The growth and trends of textile flame retardants industry provide a holistic approach to this study.
Market Segmentation
This section of the textile flame retardants market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Halogenated
- Non- Halogenated
- Others.
By Application
- Polyester
- Cotton
- Viscose
- Nylon
- Polypropylene
- Others
By Type
- Durable
- Semi Durable
- Non- Durable
By End- Use
- Industrial
- Defense
- Public Safety Services
- Transportation
- Household
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Textile Flame Retardants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Textile Flame Retardants Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the textile flame retardants market include Albemarle Corp., Israel Chemicals Ltd.(ICL), LANXESS AG, Clariant International Ltd., Nabaltec AG. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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