Global Flame Retardant Polyester Fiber Market by Type (Inherent FRP Fiber and Treated FRP Fiber), End-Use Industry (Electronics, Building & Construction, Automotive, Textile/Clothing, and Others), and Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
Flame Retardant Polyester Fiber Market Outlook
The global flame retardant polyester fiber market size was USD 522.6 Million in 2022 and is projected to reach USD 635.7 Million by 2031, expanding at a CAGR of 2.20% during 2023-2031. Increasing usage of flame-retardant polyester fiber foin clothing, electronics, and other industries can drive the global market in the coming years.
The term flame retardant polyester fiber is also known as FR-PET. It refers to the copolymerization, mixing, finishing, and other processes used to create polyester fiber of qualities that are neither combustible nor flammable when exposed to burning for achieving the flame retardant effect.
Flame-resistant fabrics are made up of typically synthetic fibers that resist ignition under prolonged exposure to flame or heat. These are also referred to as inherently flame-retardant fabrics. Instead of burning, these fabrics will eventually begin to melt. Polyester fiber has the highest usage and is extensively produced in the chemical fiber industry; however, it is flammable.
Flame-retardant polyester fiber is made with fire-retardant polyester fibers. It is utilized in a variety of end-use industries, including electronics, buildings, the automotive industry, and others. The term fire-retardant fabric refers to a textile that has been chemically treated or created with fireproof fibers and has the ability to resist fire.
Flame Retardant Polyester Fiber Market Macro-economic Factors
GDP
GDP is a critical indicator used to measure the size and performance of an economy. GDP across all countries declined due to the outbreak of COVID-19. The pandemic impeded the growth of all economies across the globe. It has drastically impeded the supply chain of companies that manufacture flame-retardant polyester fiber, thus leading to a substantial decrease in revenue. In the initial phase of the pandemic, companies manufacturing flame retardant polyester fiber faced difficulties, owing to the increased risk of supply of fiber to various other industries.
Demand and Supply
The supply of and demand for flame retardant polyester fiber are rising due to its properties such as it being inherently flame resistant and low affinity. Flame-retardant polyester fiber is widely used in the construction, textile, and automotive industries. The demand for flame-retardant polyester fiber across end-use industries is increasing. The supply chain was disrupted during the COVID-19 outbreak, as lockdowns were imposed by governments, which caused a shutdown of construction and manufacturing industries and slowly decreased the demand for flame-retardant polyester fibers.
R&D Activities
Research is required for the development of products. Companies in almost every industry rely on R&D to plan, design, and deliver innovative products; therefore, they are focusing on advancements and research trends in the flame retardant polyester fiber market to cater to the customer’s demand. Advancements in the product and novel development in the manufacturing industry are fueling the usage of flame retardant polyester fiber in several applications including coverings materials, protective wear, workwear, and others.
Flame Retardant Polyester Fiber Market Dynamics
What drives the Flame Retardant Polyester Fiber Market?
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Stringent regulations for workplace safety in developed nations
Flame-retardant polyester fabrics are used in industrial safety clothing. Protective clothing is majorly used by end-use industries including construction, oil & gas, and chemicals. The demand for these fabrics is high in the oil & gas sector. The use of fire-resistant clothing in the industry is required due to hazardous working circumstances.
Many employers have exhibited a concern for the safety of their employees due to the regulations in existence and direct and indirect expenses related to workplace accidents. These factors are significantly raising the demand for flame-retardant polyester fabrics, especially in developed countries, as they begin to regulate protective equipment in their domestic industrial sector.
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Rising demand for flame-retardant polyester fiber in various industries
Rising need for flame-retardant polyester fabrics in end-use industries such as industrial production and transportation is expected to fuel the demand for the fibers. Globally, governments are worried about the safety of people working around fires. Fabrics and textiles are highly flammable and susceptible to fire incidents in residential areas, industrial settings, and manufacturing industries due to the complexity of their structural design.
Flame retardants and polyester fabrics are used to limit the spread of fire for defending the surrounding area. In many developed and developing countries, flame retardant manufacturers are required to follow fire safety regulations. This trend is anticipated to boost the market.
What Restraints Flame Retardant Polyester Fiber Market?
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High production costs and a significant investment in R&D
One of the major factors limiting the growth of the flame retardant polyester fabrics market is the high cost of production. Flame retardant polyester fibers are highly expensive to produce due to the high cost of the raw materials and advanced manufacturing process. A high level of technological complexity in production and high R&D costs are projected to restrain market growth in the coming years.
The price of flame-retardant polyester fabrics is affected by fluctuations in energy prices. Therefore, rising prices of raw material, technology, energy, transportation, and wave structure is impeding the cost of flame-retardant polyester fabrics which results in hampering the market growth.
What are the Opportunities for Flame Retardant Polyester Fiber Market?
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Technical advancement in product design
Companies operating in the market are focused on developing affordable flame-retardant polyester fibers that comply with regional minimum criteria or regulations. Customers are requesting new features in these fabrics that cater to the changing nature of their applications. Customers are increasingly focusing on multi-purpose fire-resistant protective apparel.
The mechanical hazards are not effectively protected by flame-retardant clothing. Also, some industries, such as chemical and oil & gas, are expected to pose several hazards simultaneously. In these circumstances, workers and operators need multi-purpose protective apparel, which is projected to fuel the market in the coming years.
The demand for flame retardant clothing in various industries is increasing due to technological innovations such as increased flexibility, lightweight, and the use of cooling technologies such as phase change materials (PCM) in protective suits, which is expected to boost the market during the forecast period.
Scope of Flame Retardant Polyester Fiber Market Report
The report on the global Flame Retardant Polyester Fiber Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Flame Retardant Polyester Fiber Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023–2031 |
Segmentation |
Type (Inherent FRP Fiber and Treated FRP Fiber), and End-Use Industry (Electronics, Building & Construction, Automotive, Textile/Clothing, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
Unifi, Inc, Nan Ya Plastics Corporation, TOYOBO CO., LTD., RadiciGroup, TWD Fibers GmbH, Huvis Corp, Trevira GmbH, Recron, Anglés Textil S.A., VNPOLYFIBER, Sinterama S.p.A, CARL WEISKE GmbH & Co. KG, MÄRKISCHE FASER GMBH, Sarex, and De Saedeleir Textile Group. |
Flame Retardant Polyester Fiber Market Segmental Outlook
Why is the Inherent FRP fiber segment More Prevalent than the Treated FRP fiber segment?
In terms of type, the flame retardant polyester fiber market is segmented into inherent FRP fiber and treated FRP fiber. The inherent FRP fiber segment dominated the market in 2022 as inherent fiber-reinforced properties never wash out or wear away, resulting in a garment that guarantees ongoing protection and a long lifespan for reduced cost-in-use. Flame retardant polyester fiber is used in a variety of applications, including clothing, home textiles, and public utility.
The treated FRP fiber segment is expected to register a considerable CAGR during the forecast period as it takes a short period for production and installation. Treated FRP fiber is widely used for different applications as it is lightweight and offers long-term cost savings which are beneficial for manufacturers to use instead of other fiber.
Which Major Factors influence the Significant Growth of the End-use industry segment?
On the basis of the end-use industry, the flame retardant polyester fiber market is segmented into electronics, building & construction, automotive, textile/clothing, and others. The textile/clothing segment is expected to hold a substantial share of the market during the forecast, as the fabric produced from the flame-retardant polyester fiber is used to manufacture jackets, coats, and trousers that are employed in a hazardous environment.
It is used in clothing for workers as a safety measure to protect them from serious injury when stuck by flames, arcs, or molted metals. This self-extinguishing fiber doesn't melt even if exposed to high temperatures which are very helpful for various industry workers.
The electronics segment is projected to register a considerable CAGR in the coming years owing to the rising usage of flame-retardant polyester fiber in various electrical appliances such as computers, laptops, televisions, and other home appliances using wires and cables. It helps to reduce the risk of appliances catching fire and offers safety.
Why is the demand for flame retardant polyester fiber high in North America?
Based on region, the flame retardant polyester fiber market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is growing at a rapid pace during the forecast. The government's initiative to protect workers and create a safe working environment to reduce the risk of accidents is expected to boost the market in the region. The steady growth in the demand for flame retardant polyester fiber for clothing, home, and textile can drive the global market.
The market in Asia Pacific is expected to register a considerable CAGR during the forecast period due to the rapid growth in the demand for flame retardant as clothing and textile is booming in the region. Rising industrialization with the new establishment of various industries can increase the demand for these fibers for workers as a safety measure such as industrial workwear and uniforms for firefighters.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the global Flame Retardant Polyester Fiber Market
- Historical, Current, and Projected Market Size in terms of Value and Volume
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints, and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Flame Retardant Polyester Fiber Market
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flame Retardant Polyester Fiber Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flame Retardant Polyester Fiber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flame Retardant Polyester Fiber Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flame Retardant Polyester Fiber Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flame Retardant Polyester Fiber Market Size & Forecast, 2015-2030
4.5.1 Flame Retardant Polyester Fiber Market Size and Y-o-Y Growth
4.5.2 Flame Retardant Polyester Fiber Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, Flame Retardant Polyester Vs None Flame Retardant Polyester
4.7 Global Flame Retardant Polyester Fiber Market: Current and Future Market Trends
4.8 Europe and US Flame Retardant Polyester Fiber: Production Analysis
Chapter 5 Global Flame Retardant Polyester Fiber Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Flame Retardant Polyester Fiber Market Size Forecast By Type
5.2.1 Inherent FRP Fiber
5.2.2 Treated FRP fiber
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Flame Retardant Polyester Fiber Market Analysis and Forecast By End-Use Industry
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By End-Use Industry
6.1.2 Basis Point Share (BPS) Analysis By End-Use Industry
6.1.3 Absolute $ Opportunity Assessment By End-Use Industry
6.2 Flame Retardant Polyester Fiber Market Size Forecast By End-Use Industry
6.2.1 Electronics
6.2.2 Building & Construction
6.2.3 Automotive
6.2.4 Textile/Clothing
6.2.5 Others
6.3 Market Attractiveness Analysis By End-Use Industry
Chapter 7 Global Flame Retardant Polyester Fiber Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flame Retardant Polyester Fiber Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Flame Retardant Polyester Fiber Analysis and Forecast
9.1 Introduction
9.2 North America Flame Retardant Polyester Fiber Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Flame Retardant Polyester Fiber Market Size Forecast By Type
9.6.1 Inherent FRP Fiber
9.6.2 Treated FRP fiber
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Flame Retardant Polyester Fiber Market Size Forecast By End-Use Industry
9.10.1 Electronics
9.10.2 Building & Construction
9.10.3 Automotive
9.10.4 Textile/Clothing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis By End-Use Industry
9.12 Absolute $ Opportunity Assessment By End-Use Industry
9.13 Market Attractiveness Analysis By End-Use Industry
Chapter 10 Europe Flame Retardant Polyester Fiber Analysis and Forecast
10.1 Introduction
10.2 Europe Flame Retardant Polyester Fiber Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Flame Retardant Polyester Fiber Market Size Forecast By Type
10.6.1 Inherent FRP Fiber
10.6.2 Treated FRP fiber
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Flame Retardant Polyester Fiber Market Size Forecast By End-Use Industry
10.10.1 Electronics
10.10.2 Building & Construction
10.10.3 Automotive
10.10.4 Textile/Clothing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis By End-Use Industry
10.12 Absolute $ Opportunity Assessment By End-Use Industry
10.13 Market Attractiveness Analysis By End-Use Industry
Chapter 11 Asia Pacific Flame Retardant Polyester Fiber Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Flame Retardant Polyester Fiber Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Flame Retardant Polyester Fiber Market Size Forecast By Type
11.6.1 Inherent FRP Fiber
11.6.2 Treated FRP fiber
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Flame Retardant Polyester Fiber Market Size Forecast By End-Use Industry
11.10.1 Electronics
11.10.2 Building & Construction
11.10.3 Automotive
11.10.4 Textile/Clothing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis By End-Use Industry
11.12 Absolute $ Opportunity Assessment By End-Use Industry
11.13 Market Attractiveness Analysis By End-Use Industry
Chapter 12 Latin America Flame Retardant Polyester Fiber Analysis and Forecast
12.1 Introduction
12.2 Latin America Flame Retardant Polyester Fiber Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Flame Retardant Polyester Fiber Market Size Forecast By Type
12.6.1 Inherent FRP Fiber
12.6.2 Treated FRP fiber
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Flame Retardant Polyester Fiber Market Size Forecast By End-Use Industry
12.10.1 Electronics
12.10.2 Building & Construction
12.10.3 Automotive
12.10.4 Textile/Clothing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis By End-Use Industry
12.12 Absolute $ Opportunity Assessment By End-Use Industry
12.13 Market Attractiveness Analysis By End-Use Industry
Chapter 13 Middle East & Africa (MEA) Flame Retardant Polyester Fiber Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Flame Retardant Polyester Fiber Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Flame Retardant Polyester Fiber Market Size Forecast By Type
13.6.1 Inherent FRP Fiber
13.6.2 Treated FRP fiber
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Flame Retardant Polyester Fiber Market Size Forecast By End-Use Industry
13.10.1 Electronics
13.10.2 Building & Construction
13.10.3 Automotive
13.10.4 Textile/Clothing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis By End-Use Industry
13.12 Absolute $ Opportunity Assessment By End-Use Industry
13.13 Market Attractiveness Analysis By End-Use Industry
Chapter 14 Competition Landscape
14.1 Flame Retardant Polyester Fiber Market: Competitive Dashboard
14.2 Global Flame Retardant Polyester Fiber Market: Market Share Analysis, 2021
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Unifi, Inc
14.3.2 Nan Ya Plastics Corporation
14.3.3 TOYOBO CO., LTD.
14.3.4 RadiciGroup
14.3.5 TWD Fibers GmbH
14.3.6 Huvis Corp
14.3.7 Trevira GmbH
14.3.8 Recron
14.3.9 Anglés Textil S.A.
14.3.10 VNPOLYFIBER
14.3.11 Sinterama S.p.A
14.3.12 CARL WEISKE GmbH & Co. KG
14.3.13 MÄRKISCHE FASER GMBH
14.3.14 Sarex
14.3.15 De Saedeleir Textile Group