APAC Market Statistics
The Asia Pacific fire-resistant fabrics market is projected to dominate more than 32% revenue share by 2037. The regional industry expansion is driven by the fire incidents that occur in a variety of industries, including oil & gas, automotive, and others. Clothing composed of fire-resistant materials can help the workers in these industries.
In addition, owing to increased investment in the automotive sector, it is also anticipated that the market size in the APAC region will increase. The fire-resistant textiles are incredibly durable for the seat coverings in addition to providing just fire protection.
North American Market Forecast
North America market is predicted to be the second largest, registering a share of about 26% by the end of 2037, as the government regulations are becoming more stringent in the region. Also, the major end-users are becoming more mature through taking better care of their workers as well as their customers.
Europe Market Forecast
The Europe fire-resistant fabrics market revenue is anticipated to witness substantial growth till 2037, led by presence of a large number of manufacturers in the automobile sector. Moreover, the countries in the region are becoming more mature through spending more on safety.
Author Credits: Rajrani Baghel
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