Report Overview
Growing awareness about workplace safety and large infrastructure development programs across the Kingdom are expected to drive Saudi Arabia Fire Resistant Fabrics Market during the forecast period between 2024 and 2030.
Saudi Arabia Fire Resistant Fabrics Market - Industry Trends & Forecast Report, 2030
Saudi Arabia Fire Resistant Fabrics Market size was estimated to be worth USD 270.42 million in 2023. During the forecast period between 2024 and 2030, the Saudi Arabia Fire Resistant Fabrics Market size is projected to grow at a CAGR of 8.27%, reaching a value of USD 783.08 million by 2030. Major growth factors for the Saudi Arabia Fire Resistant Fabrics Market include its rising demand across a wide range of industries, including construction, military and defense, manufacturing, and others, and stringent fire safety regulations. Furthermore, increasing awareness about the benefits of fire-resistant fabrics is anticipated to drive market growth in Saudi Arabia over the forecast period.
Fire Resistant Fabric - Overview
Fire-resistant fabric is a kind of textile that can withstand high temperatures and fire. Organic or carbon-containing compounds reduce the risk of fire in textiles that are resistant to it. Numerous substances, including alum, ammonium phosphate, boric acid, and borax, can be used to make fabric fireproof. Due to their three-way protection, materials such as aluminum hydroxide are frequently utilized as fire retardants. It decomposes to release water vapor and absorbs a significant amount of heat, which cools the substance and the alumina residue while creating a protective barrier.
Saudi Arabia Fire Resistant Fabrics Market
Growth Drivers
Stringent Workplace Safety Regulations
Saudi Arabia has stringent fire safety regulations to ensure the safety of its employees, particularly in the high risk sectors, such as oil & gas, construction, and chemicals. As a result, these sectors are adopting fire resistant fabrics to reduce the risk of fire breakouts in hazardous working environments. The oil & gas sector has witnessed the biggest surge in demand for fire resistant fabrics owing to the high risk of fire breakouts in oil depots and refineries. The expanding industrial sector and compliance with fire safety regulations are anticipated to drive the Saudi Arabia Fire Resistant Fabrics Market.
Challenges
High Cost of Production
The high cost of production involved in the mass production of fire resistant fabrics acts as a major limiting factor for its growth in the Saudi Arabia market. The manufacturing of fire resistant fabrics involves expensive raw materials and complex manufacturing techniques, which increase the overall production cost and eventually the price of the fabric. In addition, fire resistant fabrics also involve extensive research and development activities to develop new kinds of fabrics with different kinds of materials, which proves to be a capital intensive process and may hinder the growth of Saudi Arabia Fire Resistant Fabrics Market.
Saudi Arabia Fire Resistant Fabrics Market
Segmental Coverage
Saudi Arabia Fire Resistant Fabrics Market - By Type
Based on type, the Saudi Arabia Fire Resistant Fabrics Market is split into apparel and non-apparel segments. The apparel segment accounts for a larger share in the Saudi Arabia Fire Resistant Fabrics Market by type
Saudi Arabia Fire Resistant Fabrics Market - By Material Type
Based on material type, the Saudi Arabia Fire Resistant Fabrics Market is segmented into nylon, cotton, moda-acrylic, viscose, aramid, polyacrylonitrile (PAN) fiber, polybenzimidazole (PBI) fiber, and others. Nylon holds the highest share in the Saudi Arabia Fire Resistant Fabrics Market. The growth of the segment is mainly attributed to the high melting point and low thermal conductivity of nylon, which makes it the preferred material for fire resistant fabric.
Saudi Arabia Fire Resistant Fabrics Market - By Application
Based on application, the Saudi Arabia Fire Resistant Fabrics Market is segmented into industrial protective & mining, clothing, transport, defense & firefighting service, and others. The clothing segment accounts for the highest market share. The rising demand for clothes made of fire-resistant fabrics in the oil & gas sector is emerging as the major driving factor for the segment?s growth. The employees working in the oil & gas sector are often exposed to fire hazards and accidents, which drives the need to ensure their safety, contributing to the growing demand for fire resistant fabrics.
Saudi Arabia Fire Resistant Fabrics Market - By End User
Based on the end user, the Saudi Arabia Fire Resistant Fabrics Market is segmented into construction, chemical, military & defense, manufacturing, transportation, and others. The construction sector dominates the Saudi Arabia Fire Resistant Fabrics Market. The increasing construction activities, including the building of various residential and commercial complexes, to facilitate the infrastructural development to support economic diversification in the country is boosting the demand for fire resistant fabrics in the country.
Competitive Landscape
Major players operating in the Saudi Arabia Fire Resistant Fabrics Market include Dupont, Solvay, Business Wear Uniform Company, Madras Canvas, KareemTex Uniforms, and FPC Industrial Co.
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
By Type
Apparel
Non-apparel
By Material Type
Nylon
Cotton
Moda-Acrylic
Viscose
Aramid
Polyacrylonitrile (PAN) Fiber
Polybenzimidazole (PBI) Fiber
Others
By Application
Industrial Protective & Mining
Clothing
Transport
Defense & Firefighting Service
Others
By End User
Construction
Chemical
Military & Defense
Manufacturing
Transportation
Others