The Southeast asia flame resistant fabric for apparel market is
anticipated to reach USD 93.5 million by 2025, according to a new report by
Grand View Research, Inc. The growing safety awareness regarding fire accidents
and improving regulatory standards in the region are expected to play a major
role for FR apparel demand over the forthcoming years.
Increasing demand from end-use
sectors such as chemical & petrochemical, construction, manufacturing, and
oil & gas is expected to remain a major factor for market growth. Industry
participants have been looking for new technological solutions for high
performance flame retardant fabric products for protection against chemical,
electrical, and other fire hazards.
Currently, Indonesia and
Singapore are major countries with the bulk of the regional projects for
enhancing their infrastructure development over the next few years. Other SE
Asian countries such as Vietnam and Malaysia have incorporated various measures
to enhance their power generation facilities for ensuring consistent energy
supply to the industrial and residential establishments.Fire resistant apparel
demand in Indonesia is anticipated to witness the fastest growth and is
expected to account for over 42% by 2025.
Browse full research report on Southeast Asia Flame
Resistant Fabric For Apparel Market: http://www.grandviewresearch.com/industry-analysis/southeast-asia-flame-resistant-fr-fabric-apparel-market
Further key findings from
the report suggest:
- Manufacturing sector dominated the regional demand in
2015 and is anticipated to account for over 35% of market revenue by 2025.
Increasing transport equipment, fabricated metal products, machinery &
equipment from manufacturing sector especially from Singapore is
anticipated to drive the market growth over the forecast period.
- Chemical & petrochemicals estimated to be the
fastest application segment and account for 24% of the flame resistant
fabric for apparel market volume by 2025. The increasing petrochemical
refinery expansion projects particularly in Vietnam and Malaysia, are
expected to play as a key market driver over the long term.
- FR fabric demand for apparel in Malaysia is expected
to exceed 2.8 million units by 2025. This can be attributed to the high
demand for flame retardant clothing in sectors involved in handling
energized equipment and flammable chemicals.
- The power generationsegment is expected to grow at a
CAGR of 8% from 2016 to 2025.Growing concern towards electrical fire
incidents during handling energized equipment is anticipated to drive the
FR fabric demand in SE Asia.
- Key
industry participants in the market include DuPont, Huntsman, Kaneka
Corp., Ansell, 3M Company, Honeywell, Teijin, TOYOBO, Solvay, Royal
TenCate NV, Arvind Ltd, Gunei Chemical IndustryCo., Ltd., Lenzing, Klopman
International and Honeywell.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the Southeast Asia flame
resistant fabric for apparelmarket on the basis of application and region:
Application Outlook (Volume, Thousand Units, Thousand
Square Meters; Revenue, USD Thousand, 2014 - 2025)
- Chemical
& Petrochemical
- Oil
& Gas
- Manufacturing
- Power
Generation
- Others
Regional Outlook (Volume, Thousand Units, Thousand Square
Meters; Revenue, USD Thousand, 2014 - 2025)
- Singapore
- Vietnam
- Malaysia
- Indonesia
- Thailand
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.
For more information:
http://www.grandviewresearch.com
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