Flame Resistant Fabrics Market
“ Flame resistant fabrics are extensively used to manufacture garments , apparels , and furnishings for applications across a number of sectors , including military , hospitality , oil and gas , and healthcare ,” says a TMR analyst . Thus , the robust growth of end-user industries is providing a fillip to the global flame resistant fabrics market . Over the past few years , there has been a sharp rise in the demand for these fabrics for drapery in public spaces such as stages , theaters , and auditoriums .
Government and regulatory bodies are also playing a vital role in the development of the global flame resistant fabrics market . The increasing stringency in regulations pertaining to employee safety in high-risk operations and industries are compelling organizations to mandate the use of safety clothing and gears within their premises .
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Huge Capital Requirement for Research and Development Activities to Hamper Growth Prospects
Flame resistant fabrics have to be highly reliable and efficient and thus , the material used in their manufacturing has to be of utmost quality . The research and development and production of these fabrics , therefore , involves massive capital , which results in high cost of the end product . The high cost of these fabrics is limiting the global flame resistant fabrics market from realizing its utmost potential . This is further exacerbated by the protean prices of raw materials . While these factors continue to weigh down the market , constant efforts by manufacturers for product innovation will provide optimism in terms of value growth for the flame resistant fabrics market .
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TABLE OF
Table of Content
1 Chapter 1 Preface 1.1 Report Description 1.2 Research Scope 1.3 Assumptions 1.4 Market Segmentation 1.5 Research Methodology
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