“Fire-resistant Fabrics Market” report 2019-2024 provides detailed summary of company competition, market demand, regional forecast, marketing price and new investment feasibility analysis is included of Fire-resistant Fabrics market. It also covers approximate CAGR, key-players, scope of the report, regional analysis, major market factors of Fire-resistant Fabrics market, reasons of buying this report and complete TOC of report.
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There are 4 key segments covered in this Fire-resistant Fabrics Systems Market report:
- Competitor segment
- Product type segment
- End-use/application segment
- Geography segment
Fire-resistant Fabrics Market by Key Players:
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Scope of the Report:
Key Market Trends:
Transport Segment to Dominate the Market
– Fire-resistant fabrics are used in the transport industry during the construction of railways, automotive, aircraft, and marine. The global transport sector is expected to grow at a healthy rate in response to foreign investments for the construction of better railways, metro, and rail networks.
– Growing railway construction across the world is expected to drive the demand for fire-resistant fabrics.
– In China, the government is planning to spend CNY 732 billion on railway projects in 2018, with a view to construct the world’s leading rail system. In addition, 4,000km of new tracks are being planned for 2019 and 87.5% or 3,500 km is expected to be for high-speed railway tracks.
– In India, the government has plans to develop metro rail projects in over 30 Indian cities.
– In the automotive sector, growing demand for electric vehicles in Asia-Pacific countries, like India, has also fuelled the studied market’s growth.
China to Dominate the Asia-Pacific Market
– The demand for fire-resistant fabrics in China is mainly driven by the growing manufacturing activities of the aerospace industry in the country.
– This growth in the industry is primarily dependent on the rising passenger traffic, due to the higher consumer spending power and better air connectivity. This increasing passenger traffic is further creating a robust demand for an increase in the number of aircrafts.
– According to the Civil Aviation Administration of China, the number of passengers reached a new high of more than 600 million in 2018. Furthermore, the country is planning to launch 260 new international air routes.
– Currently, the country is running 2,185 general aviation aircrafts and is planning to have more than 5,000 aircrafts and 500 airports by 2020.
– Automotive production in China is growing continuously over the past few years. The growth rate in 2017 was 3.3%, accounting for the production of around 29 million units. In 2018, the growth rate decreased to -4.2%, but still leading the global production of around 27.8 million units. However, the government focus on the production of electric vehicles is likely to drive the demand for fire-resistant fabrics market in the forecast period.
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Fire-resistant Fabrics Market Covers Following Points in TOC:
- Chapter 1: Fire-resistant Fabrics Market Definition
- Chapter 2: Research Methodology of Fire-resistant Fabrics Market
- Chapter 3: Fire-resistant Fabrics Market Executive Summary
- Chapter 4: Fire-resistant Fabrics Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Fire-resistant Fabrics Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Fire-resistant Fabrics Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Fire-resistant Fabrics Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Fire-resistant Fabrics Market
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