The global fire resistant fabrics market was valued at $3,950.8 million in 2015, and it is expected to grow at a CAGR of 5.2% during 2016 - 2022. The factors driving the growth of the global market include increased concern for safety and stringent safety regulations, rapid industrialization, and increasing flame resistant fabrics utilization in home and commercial furnishing. Additionally, the continuously evolving demand for more comfortable and safer industrial protective clothing, along with continuous research and development for new product innovation is expected to propel the demand for fire resistant fabric.
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The increasing safety regulations in developing as well as developed countries are projected to boost the growth of the . The safety concerns of workers in industries is of top-most priority, by setting up strict safety regulatory guidelines, government and regular authorities are taking care of it. Industrial regulations and standards such as OSHA (occupational safety and health standards) and NFPA (national fire protection association) regulations have set some codes, such as NFPA 70E and NFPA 2112 have contributed a lot towards the growth of the fire resistant fabrics market.
The increasing safety regulations in developing as well as developed countries are projected to boost the growth of the . The safety concerns of workers in industries is of top-most priority, by setting up strict safety regulatory guidelines, government and regular authorities are taking care of it. Industrial regulations and standards such as OSHA (occupational safety and health standards) and NFPA (national fire protection association) regulations have set some codes, such as NFPA 70E and NFPA 2112 have contributed a lot towards the growth of the fire resistant fabrics market.
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