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…
The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022
Intense Competition among Students and the Growing Need to Achieve Academic Excellence Drive the Global Private Tutoring Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Private Tutoring market. The global market for Private Tutoring Services is forecast to reach US$227 billion by 2022 , driven by the need to keep pace with classroom teaching, improve overall competency and enhance knowledge and skill level. Education is considered the social ladder to achieve success in personal and professional life. Higher education is associated with increased opportunities in the labor market, high remunerations, and improved social standing. People are therefore investing heavily in children’s education, including private tutoring or private supplementary tutoring which is emerging as a major phenomenon in the global education system...
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