Market revenue in 2021 | USD 16.0 million |
Market revenue in 2030 | USD 26.5 million |
Growth rate | 5.8% (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 |
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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 59.38% in 2021. Horizon Databook has segmented the Japan 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.
The Japanese government has taken several initiatives to boost its manufacturing sector and strengthen its supply chain. These initiatives will help local manufacturers increase their industrial manufacturing capacities to strengthen its position in the global market.
This industrial expansion is forecasted to trigger the need for production workers and thus, augment the demand for fire-resistant protective wear in the Japan. The Japanese government has hiked their defense budget in 2023 by 26.3% to USD 55 billion, owing to the geopolitical and regional security threats posed by China and North Korea.
This, in turn, is expected to positively influence of the demand for fire-resistant protective wear materials in Japan for military applications.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan fire resistant protective wear knitted fabric market , including forecasts for subscribers. This country databook contains high-level insights into Japan fire resistant protective wear knitted fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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