Protective Fabrics are used in a wide range of end-user industry owing to their excellent properties such as thermal resistance, chemical resistance, and U.V resistance among others. It is extensively used in the military and defense sector owing to its high tensile strength and antiballistic properties. The rising growth of the construction and manufacturing industries across the globe is substantially affecting the growth of the Protective Fabrics Market.
The Global Protective Fabrics Market has been driven by a range of application in the various end-use industries such as building and construction, military and defense, oil and gas, and healthcare among others. Moreover, it is estimated that the building and construction are set to witness the highest growth due to the various regulation by the government to reduce occupational hazards and ensure the safety of the workers during the forecast period, 2017-2023.
The Global Protective Fabrics Market is segmented into the material, type, and end-user. On the basis of the material, the market is segregated into aramid, polyolefin, polyamide, PBI, cotton fibers, polyesters, and others. The market by type is categorized into fire & heat resistant fabrics, chemical resistant fabrics, UV resistant fabrics, and others. The market by end use industry is further segregated into oil & gas, building & construction, healthcare/medical, law enforcement and military, and others.
Some of the prominent players operating in the Global Protective Fabrics Market are 3M Company (U.S.), Koninklijke Ten Cate NV (Netherland), Teijin Limited (Japan), Lakeland Industries, Inc(U.S.), Cetriko, SL (Spain.), DuPont (U.S.), Glen Raven, Inc. (U.S.), W. L. Gore & Associates, Inc.(U.S.), and Klopman International. (Italy) among others.
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The building & construction end-user segment is the dominant segment and healthcare is anticipated to be the fastest growing segment during the forecast years. The growing use of Protective Fabrics in the healthcare industry to face various hazards such as chemicals and steel instruments among others is expected to add to the growth of the segment.
The Global Protective Fabrics Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an exponential CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the construction and manufacturing among others, which, in turn, is anticipated to fuel the demand for protective fabrics in the region. Moreover, the growing oil and gas activities to meet the energy requirements mainly in India and China is also expected to surge the demand for Protective Fabrics in the region. The total value of Chinese construction industry in 2016 was 22582 billion Yuan whereas it reached at 25337 billion Yuan in 2017.
The European region is estimated to witness significant growth in the countries owing to burgeoning construction and healthcare industry. The implementation of stringent regulations to ensure the safety of workers coupled with the growing adoption rate is another factor contributing to the growth of the market. This key player in this region is Germany, France, Italy, and the U.K among others.
The North American Protective Fabrics Market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries such as healthcare and construction coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing investments in the infrastructural development are further expected to add fuel to the growth of the market. In addition to this, the growing defense budget in the region has augmented the demand for protective fabrics in the military and the fire protection sectors.
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