The global market for Fire Resistant Fabrics is projected to reach US$5.4 billion by 2025, driven by the ever-present threat of fire accidents despite stringent fire safety regulations in workplaces and factory floors. Growing awareness over the importance of fire prevention plans is resulting in voluntary adoption of fire safety measures by companies. Rising costs of non-compliance to worker safety regulations in the form of hefty penalties and expensive legal services and guidance is also encouraging investments in personal protective equipment (PPE). The most important motivation for investing in fire resistant clothing is the significant economic and financial losses caused by fires to not just property and assets but most importantly the unquantifiable social cost of loss of life and injuries. Human loss and suffering is immeasurable. Fire-related fatalities and injuries continue to remain high especially in high risk hazardous work environments like oil and gas; chemical plants; process plants; metalworking job shops; among others. Demand for fire safety wear is therefore growing as flame-retardant (FR) and flame-Resistant (FR) clothing are the first line of personnel protection against fire. Fire resistant fabrics, defined as fabrics naturally resistant to flames and embers with the ability to naturally self-extinguish, are therefore witnessing increased R&D interest. Fire retardant fabrics, on the other hand, are chemically treated to resist fire.  Read More…

Comments

  1. Magnificent beat ! I wish to apprentice while you amend your web site, how could i subscribe for a blog site? The account helped me a acceptable deal. I had been tiny bit acquainted of this your broadcast offered bright clear idea. Alex Shcolyar

    ReplyDelete

Post a Comment

Popular posts from this blog

The Global Market for Big Data Technologies and Services is Projected to Reach $60 Billion by 2022

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022