Middle East & Africa Fire Resistant Protective Wear Knitted Fabric Market Size & Outlook
Middle East & Africa fire resistant protective wear knitted fabric market, 2018-2030 (US$M)
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MEA fire resistant protective wear knitted fabric market highlights
- The MEA fire resistant protective wear knitted fabric market generated a revenue of USD 11.2 million in 2021.
- The market is expected to grow at a CAGR of 5.7% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
| Market revenue in 2021 | USD 11.2 million |
| Market revenue in 2030 | USD 18.4 million |
| Growth rate | 5.7% (CAGR from 2021 to 2030) |
| Largest segment | Aramid blends |
| Fastest growing segment | Cotton FR Blends |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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, MEA region accounted for 2.1% of the global fire resistant protective wear knitted fabric market in 2021.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 195.2 million by 2030.
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Fire Resistant Protective Wear Knitted Fabric Market Scope
Fire Resistant Protective Wear Knitted Fabric Market Companies
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Middle East & Africa 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 53.57% in 2021. Horizon Databook has segmented the Middle East & Africa 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 demand for fire-resistant protective wear knitted fabrics in the Middle East & Africa is anticipated to be driven by its flourishing oil & gas industry over the forecast period. Growing investments in this industry in the region are anticipated to enhance the industrial growth of the Middle East & Africa.
Large-scale investments in major oilfields of Saudi Arabia, including Ghawar and Shaybah, are anticipated to have a significant impact on the growth of the oil & gas industry in the region. Moreover, ongoing investments in Middle East by key companies such as Seadrill Limited and ADNOC Group in oil exploration & production (E&P) activities are expected to propel the growth of the oil & gas industry.
Rising domestic demand for natural gas in the Middle East, coupled with the use of advanced techniques, including enhanced oil recovery (EOR) to increase the amount of crude oil which can be extracted from oil field, has further surged natural gas production in the region.
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Our clientele includes a mix of fire resistant protective wear knitted fabric market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa fire resistant protective wear knitted fabric market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa fire resistant protective wear knitted fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA fire resistant protective wear knitted fabric market size, by country, 2018-2030 (US$M)
Middle East & Africa Fire Resistant Protective Wear Knitted Fabric Market Outlook Share, 2021 & 2030 (US$M)
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