Protective Textiles Market To Hit Value $7.78 Billion By 2025 |Grand View Research, Inc.




The global protective textiles market size is expected to reach USD 7.78 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to witness growth at 3.4% CAGR owing to increasing industrial fatalities in developing economies owing to the lack of protective gear coupled with growing awareness of worker’s health and safety are expected to drive the market growth.
The increasing importance of raw materials that offer features such as lightweight, comfort, higher heat resistance, and wear & tear resistance for workwear has been a significant incentive for companies to conduct R&D activities extensively. The initiatives are mainly intended at attaining multi-functionality of workwear fabrics and rise its application scope. Improving product designs and specifications are expected to provide market participants with immense opportunities over the forecast period.
Ballistic protective apparel is estimated to witness the highest penetration and growth over the projected period, owing to the increasing use of high performance protective textiles in the military sector. Defense sector holds the largest market segment in the global ballistic fabrics industry and is anticipated to have remarkable growth over the next few years driven by rising concerns over national security and escalating geopolitical unrests.
The global industry is highly fragmented in nature with top companies accounting for almost 70% of the global market share in 2015. Major industry players in the global sector include Royal Ten Cate NV, Kusumgar Corporates, DuPont, Schoeller Textil AG, W. L. Gore & Associates, Inc, and Teijin. The other notable players include Madhuram Fabrics Pvt. Ltd., PBI Performance Products, Inc., Marina Textil S.L., and ARGAR S.r.l.
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The global protective textiles market size was valued at USD 5,708 million in 2016. Factors such as concerns regarding worker safety, protection from fire, chemical agents, and disabling & life-threatening injuries among workers are raising the demand for the high performance fabrics.
Increased construction spending in emerging countries is expected to trigger the demand for specialty workwear in buildings and construction, which in turn is anticipated to drive the growth of the market. The surge in demand for protective textiles in the chemical industry is expected to benefit the overall sector.
Further key findings from the report suggest:
·         The heat and flame-resistant garments application segment was worth USD 1.21 billion in 2016 and is estimated to grow at a CAGR of around 3%, owing to rising demand in end-use industries such as oil & gas, refineries, iron & steel plants, and aluminum plants
·         Mechanical protective clothing in the U.S. accounted for over 17% of the total revenue in 2016
·         Chemical defending garments segment is anticipated to grow at a CAGR of 3.5% from 2017 to 2025
·         Electrical protection apparel is estimated to reach USD 637.1 million by 2025 and is projected to witness moderate growth over the next few years
·         In the application of surgical garments, the protective textiles play a significant role in the absorption of excessive heat during surgical procedures from the body, which is estimated to raise the product demand for health care sector
·         The market in North America is expected to grow at a CAGR of over 3.5% over the next decade to reach a net worth exceeding USD 2.30 million by 2025
·         Asia Pacific is projected to witness the maximum growth over the next nine years. The region accounted for 19.1% of the total revenue in 2016
·         Key players such as DuPont, W.L. Gore & Associates Inc., Royal Ten Cate NV, and Schoeller Textil AG dominated the global protective textile market over the past few years
The North America market is witnessing the high degree of industrialization which is projected to drive the protective textile demand owing to increasing industry standards towards the safety of employees in the region. The Protec industry in the U.S. is characterized by high industry standards for worker’s safety, which is expected to drive the product demand in the area.
The increasing industrial fatalities in developing economies owing to the lack of protective gear coupled with growing awareness of workers’ health and safety are expected to drive growth over the forecast period. The changing consumer needs, along with technological innovations for high performance durable fabrics, which combines security with attractiveness and fashion is further projected to increase sector expansion.
Additionally, regulatory agencies in Asia Pacific and the Middle East are also implementing stringent regulations to make it necessary for industries to ensure employee safety owing to rising workplace hazards in these regions. The Middle East, Central & South America, and Asia Pacific are expected to experience high growth over the forecast period on account of growing construction and infrastructure projects in these regions, thereby creating immense opportunities for market expansion.
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https://www.grandviewresearch.com/press-release/global-protective-textiles-market
Grand View Research has segmented the global protective textiles market on the basis of Application:
Protective Textiles Application Outlook (Revenue, USD Million, 2014 - 2025)
·         Heat& flame resistant
·         Mechanical protection
·         Chemical protection
·         Electrical protection
·         Ballistic protection
·         Space suits
·         Health care garments
·         Others
Ballistic clothing segment is anticipated to emerge as the fastest growing application and is predicted to account for a revenue share of 30% by 2025. Defense is one of the largest consumable sectors of ballistic protective textiles. The use of Protech products in the defense industry comprises NBC suits, bullet proof jackets, fire retardant apparel, and high-altitude clothing. Factors such as increasing terror threats across the globe have raised the usage of bulletproof jackets and defensive clothing manufactured from specialty fabrics, which is expected to boost the industry growth over the forecast period.
Heat & flame-resistant clothing is the second largest growing application owing to frequently occurring fire hazards during chemical spill, oil/gas fire, electricity overloading, and in airports. Allowing worker to perform their duties efficiently while protecting them from high heat is one of the major factors for flame retardant apparel market growth
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.



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