Canada Fire Resistant Protective Wear Knitted Fabric Market Size & Outlook
Canada fire resistant protective wear knitted fabric market, 2018-2030 (US$M)
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Canada fire resistant protective wear knitted fabric market highlights
- The Canada fire resistant protective wear knitted fabric market generated a revenue of USD 32.9 million in 2021 and is expected to reach USD 51.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.1% 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 32.9 million |
| Market revenue in 2030 | USD 51.7 million |
| Growth rate | 5.1% (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, Canada accounted for 6.3% 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 North America, U.S. fire resistant protective wear knitted fabric market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 249.9 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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Canada 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 59.88% in 2021. Horizon Databook has segmented the Canada 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.
Canada’s oil & gas industry is expected to grow owing high demand for oil and gas from end-user industries, rising exports of oil & gas, and increase in capital spending by approximately 22%. This factor is anticipated to augment the demand for resistant protective wear, including work shirts, pants, bibs, overalls, lined gear, and a multilayer system in oil refineries.
Ontario is a primary location for the fabricated metal manufacturing in Canada, accounting for 43.1% of the national workforce in 2021. The demand for fabricated metal is expected to grow on account of significant investments in long term non residential projects.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada fire resistant protective wear knitted fabric market , including forecasts for subscribers. This country databook contains high-level insights into Canada fire resistant protective wear knitted fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada fire resistant protective wear knitted fabric market size, by fiber type, 2018-2030 (US$M)
Canada Fire Resistant Protective Wear Knitted Fabric Market Outlook Share, 2021 & 2030 (US$M)
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