Home > Chemicals & Materials > Specialty Chemicals > Textile Flame Retardants Market

Textile Flame Retardants Market Size

  • Report ID: GMI8809
  • Published Date: Apr 2024
  • Report Format: PDF

Textile Flame Retardants Market Size

Textile Flame Retardants Market was valued at around USD 572 million in 2023 and is anticipated to register a CAGR of over 3.7% between 2024 and 2032. The industry refers to the sector within the chemical industry that focuses on producing substances designed to impart flame resistance to textiles. These flame retardants are applied to various types of textiles, including clothing, upholstery, carpets, curtains, and industrial fabrics, to reduce the risk of fire-related incidents.

 

Textile flame retardants work by slowing down or preventing the spread of flames when a fabric meets a heat source or flame. They achieve this by interfering with the combustion process, either by forming a protective barrier, releasing gases that inhibit combustion, or promoting char formation that acts as insulation, The market for textile flame retardants is driven by regulations and standards mandating fire safety requirements in various industries, including construction, automotive, aerospace, and healthcare. Additionally, growing awareness about fire safety and the increasing demand for flame-retardant textiles in developing regions contribute to market growth. Key players in the textile flame retardants industry include chemical manufacturers, suppliers, and formulators who develop and distribute flame retardant chemicals and additives. These companies often conduct research and development to improve the effectiveness and environmental sustainability of their products while ensuring compliance with regulatory standards.
 

Two significant pitfalls for quality control and standardization pose challenges in the textile flame retardants industry is undergoing a transition towards alternative flame-retardant technologies due to environmental and health concerns associated with traditional options. These alternatives, such as phosphorus-based, nitrogen-based, or mineral-based flame retardants, offer potential benefits like enhanced sustainability and reduced toxicity. However, challenges persist in assessing their effectiveness, compatibility with various textile materials, and scalability for industrial production. Manufacturers must navigate these hurdles while ensuring compliance with regulatory standards and maintaining performance levels.
 

Furthermore, the market faces vulnerability to global supply chain disruptions, including raw material shortages, price fluctuations, and logistical constraints. Geopolitical tensions, trade policies, natural disasters, and public health crises, such as the COVID-19 pandemic, can disrupt the sourcing and availability of essential raw materials, leading to supply shortages, production delays, increased costs, and difficulty in meeting customer demand. Manufacturers and suppliers need resilient supply chain strategies to mitigate these risks and ensure business continuity.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for textile flame retardants was valued at USD 572 million in 2023 and is expected to grow at over 3.7% CAGR from 2024 to 2032, due to the increasing awareness regarding fire safety and the growing need for protective clothing in industrial environments.

Halogenated flame retardants market size was USD 202 million in 2023 and is expected to depict substantial growth from 2024 to 2032, owing to the rising regulatory requirements for fire safety standards, especially in sectors like construction and transportation.

North America industry accumulated a revenue of USD 185.1 million in 2023 and is expected to expand at notable CAGR from 2024 to 2032, attributed to the rising awareness of fire safety in residential and commercial spaces.

Akzo Nobel N.V., Albemarle Corporation, Archroma, BASF SE, Clariant AG, DIC Corporation, Dow Chemical Company, Huntsman Corporation, ICL Group, Italmatch Chemicals, Jiangsu Yoke Technology Co., Ltd., Lanxess AG, Nouryon, Sinochem Group, Thor Group are some of the major textile flame retardants companies worldwide.

Textile Flame Retardants Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 532
  • Countries covered: 22
  • Pages: 300
 Download Free Sample