India Fire Resistant Protective Wear Knitted Fabric Market Size & Outlook
India fire resistant protective wear knitted fabric market, 2018-2030 (US$M)
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India fire resistant protective wear knitted fabric market highlights
- The India fire resistant protective wear knitted fabric market generated a revenue of USD 9.2 million in 2021 and is expected to reach USD 17.4 million by 2030.
- The India market is expected to grow at a CAGR of 7.3% 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 9.2 million |
| Market revenue in 2030 | USD 17.4 million |
| Growth rate | 7.3% (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, India accounted for 1.8% 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 Asia Pacific, China fire resistant protective wear knitted fabric market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 17.4 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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India 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 48.91% in 2021. Horizon Databook has segmented the India 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.
Favorable government initiatives such as "Make in India" to promote domestic production has encouraged investments in chemical, mining, and pharmaceutical industries. Stringent product testing methods and compliance with government standards in these industries are expected to drive the demand for fire resistant protective wear knitted fabric market.
There has been rising number of fire related injuries at workplace which has resulted in high compensation cost which need to bear by the companies. This is anticipated to drive the consumption of fire-resistant protective wear which, in turn, is expected to fuel the demand for fire-resistant protective wear knitted fabric market over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the India fire resistant protective wear knitted fabric market , including forecasts for subscribers. This country databook contains high-level insights into India fire resistant protective wear knitted fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India fire resistant protective wear knitted fabric market size, by fiber type, 2018-2030 (US$M)
India Fire Resistant Protective Wear Knitted Fabric Market Outlook Share, 2021 & 2030 (US$M)
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