Belgium Fire Resistant Protective Wear Knitted Fabric Market Size & Outlook
Belgium fire resistant protective wear knitted fabric market, 2018-2030 (US$M)
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Belgium fire resistant protective wear knitted fabric market highlights
- The Belgium fire resistant protective wear knitted fabric market generated a revenue of USD 10.2 million in 2021 and is expected to reach USD 15.4 million by 2030.
- The Belgium market is expected to grow at a CAGR of 4.6% from 2022 to 2030.
- In terms of segment, aramid blends was the largest revenue generating fiber type in 2021.
- Cotton FR Blends is the most lucrative fiber type segment registering the fastest growth during the forecast period.
Fire resistant protective wear knitted fabric market data book summary
| Market revenue in 2021 | USD 10.2 million |
| Market revenue in 2030 | USD 15.4 million |
| Growth rate | 4.6% (CAGR from 2021 to 2030) |
| Largest segment | Aramid blends |
| Fastest growing segment | Cotton FR Blends |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aramid Blends, Inherent FR Blends, Cotton FR Blends |
| Key market players worldwide | Baltex, DuPont de Nemours Inc, Nam Liong International, DROTEX, XM Textiles, Argar, Sintex Industries, Hornwood, Beverly Knits, Gehring-Tricot, Marback Tricot, Orneule, Artex Knitting Mills |
Other key industry trends
- In terms of revenue, Belgium accounted for 2.0% of the global fire resistant protective wear knitted fabric market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany fire resistant protective wear knitted fabric market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 42.3 million by 2030.
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Fire Resistant Protective Wear Knitted Fabric Market Scope
Fire Resistant Protective Wear Knitted Fabric Market Companies
| Name | Profile | # Employees | HQ | Website |
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Belgium fire resistant protective wear knitted fabric market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fire resistant protective wear knitted fabric market will help companies and investors design strategic landscapes.
Aramid blends was the largest segment with a revenue share of 53.92% in 2021. Horizon Databook has segmented the Belgium fire resistant protective wear knitted fabric market based on aramid blends, inherent fr blends, cotton fr blends covering the revenue growth of each sub-segment from 2018 to 2030.
Industrial manufacturing application held a major share in terms of revenue of fire-resistant protective wear knitted fabric market in Belgium in 2021. This segment was valued at USD 4.8 million in 2021 and is projected to grow at a CAGR of 4.6% during the forecast period.
Fire-resistant protective wear knitted fabrics are majorly adopted by personnel working in chemicals and metals industries, as well as in nuclear plants. As the working population in these industries is high in Belgium, it fuels the consumption of fire-resistant protective wear knitted fabrics in the country.
Moreover, the Government of Belgium in 2022, has passed a bill that is expected to increase the defense budget of the country by USD 10.53 billion till 2030. Some part of this budget is anticipated to be utilized to increase the army strength of the country from the existing 25,000 personnel to 29,000 personnel.
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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium fire resistant protective wear knitted fabric market , including forecasts for subscribers. This country databook contains high-level insights into Belgium fire resistant protective wear knitted fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Belgium fire resistant protective wear knitted fabric market size, by fiber type, 2018-2030 (US$M)
Belgium Fire Resistant Protective Wear Knitted Fabric Market Outlook Share, 2021 & 2030 (US$M)
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