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Challenges In The Global Flame Resistant Fabrics Market
2019/08/29
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In the past few years, a vast rise in demand for flame resistant clothing for use in the defense industry and several other industries with constant risk of fire outbreaks has been witnessed across the globe. Thus, flame resistant clothing and the market producing and marketing flame resistant fabrics makes for a marketplace with vast growth opportunities, especially as government regulations regarding employee safety in high-risk industries and operations become increasingly stringent.
The key factors augmenting growth in the flame resistant fabrics market are developing industrial sectors and stringent government mandates to improve worker’s safety. Flame resistant fabrics are primarily used in mining industry, chemical and gas industry and several power plants. Apart from this, flame resistant fabrics are increasingly used by workers working in fire extinguishers industry. The increasing cases of fire in residential and commercial sector are another strong factor expected to agar well for the growth of the global flame resistant fabrics market.
The key factors augmenting growth in the flame resistant fabrics market are developing industrial sectors and stringent government mandates to improve worker’s safety. Flame resistant fabrics are primarily used in mining industry, chemical and gas industry and several power plants. Apart from this, flame resistant fabrics are increasingly used by workers working in fire extinguishers industry. The increasing cases of fire in residential and commercial sector are another strong factor expected to agar well for the growth of the global flame resistant fabrics market.
In addition to the above, other industries like construction, automotive and semi conductor.Industry has made flame resistant clothing mandatory for their workers. The increasing adoption of flame resistant fabrics by several industries is a prominent factor expected to bode well with the growth of the global flame resistant fabrics market.
Despite increasing demand from several industrial sectors, there are certain factors which are expected to obstruct growth in the global flame resistant fabrics market. High cost of flame resistant fabric is one of the several factors which is hindering the growth of the flame resistant fabrics market.. Apart from this, limited awareness about workers safety regulations especially in emerging economies is challenging growth of the flame resistant fabrics market in the forecast period. Moreover, global sluggish growth of some of the prominent end user industries such as mining, oil and gas industries are projected to deter the market’s growth.
However, increasing efforts by government to spread awareness on safety regulations in both developed and developing economies may overcoming a key challenge in the global flame resistant fabrics market.
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