Halal Food Market 2020 - Global Trends, Growth, Opportunities and Market Forecast to 2026

The global Halal Food Market is anticipated to reach USD 922.53 billion by 2026 according to a new study published by Polaris Market Research.

 

The Halal Food market growth is primarily due to increase in Muslim populations and their rising annual spending on food. This has created a surge in demand for halal food & beverage products. Increasing demand has also compelled market players to engage in authentic and branded products. Presently, consumers are exhibiting growing interest in halal industry. This is primarily due to the increasing consumer awareness about the nutritional and hygiene advantages, and improving lifestyles as a result of increasing disposable income. These products being processed and packed with much higher regulatory compliance compared conventional food products are gaining significantly popularity. Basically, they do not contain contents or ingredients that are against Islamic beliefs.

 

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Some of the leading industry participants in the Halal Food market include Cleone Foods, Prima Agri-Products, Cargill, Kawan Foods, Janan Meat, Saffron Road Food, Dagang Halal, QL Foods, Al Islami Foods and Nestle.

 

Halal foods are expected to be produced, packaged, stored, and distributed as per Islamic teachings. Moreover, these products are considered to be safe, clean, and highly nutritional. The significant growth in Muslim populations across the globe is expected to offer immense opportunities to Halal Food market. In addition, the rapidly accelerating economic power of Islamic countries is anticipated to largely influence them to spend additional money on the branded products.

 

The growing issues over the absence of proper regulatory framework to assure the authenticity of these products might be a restraint to the commercially produced halal food. The industry can be considered as a fragmented one and the absence of standardized regularizations has repressed the mainstream F&B participants from venturing this section of the worldwide Halal Food market. However, the number of small scale companies meeting the needs of the local populations has been increasing significantly.

 

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Low level of awareness about the presence of authentic halal food brands is acting as a challenge to the industry. As a consequence, the industry is not experiencing demands to its full potential as expected. Moreover, halal authentic issues within the sector are considered quiet minor among consumer. Thus, this requires manufacturers to improve their marketing strategies and production facilities. Furthermore, it becomes difficult to understand consumer perspective about halal food & beverage brands.

The Asia Pacific Halal Food market is anticipated to dominate the global market by 2026, owing to the presence of emerging nations such as India, Indonesia, Malaysia, Bangladesh, Maldives, and Pakistan. These nations have significant population that follows Islamic beliefs. Moreover, the rising economic conditions in the region provides an opportunity for the foreign players to start of their production facilities, thus offering cost effective products the consumers in the region.

 

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Activated Carbon Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

According to a new study published by Polaris Market Research the global Activated Carbon Market is anticipated to reach USD 13.44 billion by 2026.

 

Activated carbon is a widely used adsorbent and a major component in industrial processes. Composed of homogenous and micro porous structures along with higher surface areas it shows immense stability for radiation. Stringent regulatory framework mainly in the U.S. and China markets are expected to drive the activated carbon market growth. In these markets, along with other industrially developing countries, stringent regulatory framework have reflected rising emphasis on removal of mercury. This in contrast stringent regulatory framework and stepped up enforcements have stem them from efforts to fight water and air pollution caused due to rapid industrialization.

 

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Increasing manufacturing activities in several industrializing countries have also added to product demand for the activated carbon market. Globally developing and increasing output from the pharmaceuticals and chemicals sector have also augmented for higher product demand due to increasing need of activated carbon for purifying feed water and several other components during manufacturing processes. Yearly increasing production of vehicles are supporting demand for activated carbon, owing to the fact that developing and even developed countries implement rigorous standards for emission from motor vehicles, thus creating the need for larger activated carbon based canisters.

 

Activated carbon injection technology has gained immense popularity as a primary technology for mercury removal mainly in coal-fired power plants, solid waste incinerators, cement plants and industrial boilers. Several European countries and Canada has also framed mercury emission standards, however these are not as stringent as that of in the U.S. Disinfection byproduct limit for water used for consumption is also projected to drive product demand for activated carbon market over the forecast period. This is however a mature application in most of the developed countries, but for the emerging nation especially for the Asia pacific region it is a promising end-use segment.

 

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The process for manufacturing of high performance activated carbons do not comply with the regulatory schemes of every developed nation and hence import or export of the products is a tedious task. Regenerated activated carbons do not retain efficiency to its full potential and increasing availability of effective yet inexpensive alternatives for activated carbon is a serious threat to the industry growth.

 

North America activated carbon market was the leading region in 2017. The U.S. Environment Protection Agency framed new forces of air and mercury toxic standards last year. These regulations require significant reductions for removal of mercury emitted from industrial processes. Stringent regulations for emission control in the country are the main reason that will increase demand for the product over the forecast period. Asia Pacific activated carbon market is anticipated to be the fastest growing market by 2026. China is the leading market in the region and implementation of their new five year plan for cutting down emission will drive product the activated carbon market demand over the forecast period.

 

Some of the leading industry participants in the activated carbon market include Oxbow Activated Carbon LLC, Prominent Systems Inc. , Silcarbon Aktivkohle GmbH , Donau Carbon GmbH , Kureha Corporation , Haycarb PLC  , Kuraray Co. Ltd , Calgon Carbon Corporation , Cabot Corporation  and Osaka Gas Co., Ltd.

 

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Wearable Sensor Market Trends, Size, Growth and Forecast to 2026

The worldwide Wearable Sensors Market is anticipated to reach around USD 4,281 million by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global wearable sensors market.

 

The expanding telecommunication industry, along with increasing demand from the healthcare sector increases the demand for wearable sensors. The increasing use of wearable sensors in consumer electronics and wearables, along with growing health awareness among consumers support the wearable sensors market growth. The rising adoption of MEMS and NEMS technologies, and IoT boosts the adoption of wearable sensors.  Other factors driving the market growth include growing geriatric population, technological advancements, and development of smart technologies. New emerging markets, emerging consumer demographics, and increasing applications would provide growth opportunities for Wearable Sensors market in the coming years.

 

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In 2017, North America accounted for the highest share in the global wearable sensors market. The primary factors driving the wearable sensors market growth in the region include established healthcare sector, rising healthcare costs, growing consumer awareness, and rising health concerns. The increasing demand for consumer electronics, technological advancements, and high investment in R&D further supports market growth in the region. The introduction of favorable government regulations regarding wearable sensors, and rising demand for fitness devices boost the wearable sensors market in North America. The increasing development of smart technologies, and growing adoption of connected devices and IoT further increases the demand of Wearable Sensors in the region.

 

The companies operating in the wearable sensors market include Infineon Technologies AG, Texas Instruments Inc., Broadcom Limited, Asahi Kasei Microdevices Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, Invensense, Inc., TE Connectivity Ltd., Knowles Electronics, LLC, and Panasonic Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Probiotics Market Overview with Detailed Analysis, Competitive landscape Forecast

According to a new study published by Polaris Market Research the probiotics market is anticipated to reach over USD 77,240 million by 2026. In 2017, the functional food and beverage segment dominated the global market, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

A significant increase in disposable income, changing lifestyles, and initiatives by market players to promote natural products drive the growth of this market.  The health benefits offered by probiotics such as enhanced digestion, stronger immune system, healthier skin, decreased chances of cold and flu have increased its demand significantly over the years. Other factors supporting market growth include increasing awareness regarding use of probiotics in food products and beverages, and research and development for advancement. Increasing demand from developing nations is expected provide numerous growth opportunities to the market players during the forecast period.

 

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Improvement in lifestyle and increasing disposable income, especially in the developing countries of Asia-Pacific fuels the demand for probiotics market. Factors such as increase in per capita income and changes in consumer behavior are expected to accelerate the adoption of probiotics in the coming years. Consumers are increasingly becoming aware regarding their health and taking preventive health measures, thereby promoting the adoption of probiotics.

 

Asia-Pacific generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The rising geriatric population in the region, and increasing disposable income drive the market growth. The increasing demand of health products in the region along with increasing awareness regarding benefits of probiotics further support market growth. The increasing demand of probiotics for animal feed and growing demand for healthy livestock is expected to accelerate the adoption of probiotics during the forecast period.

 

The different sources of probiotics include bacteria, and yeast. In 2017, the bacteria segment accounted for the highest market share. Use of healthy bacteria offers benefits such as enhanced immunity, prevention of diarrhea and irritable bowel syndrome, reduced chances of cold and flu, and increased lactase production among others. Growing awareness and extensive research and development for further development are expected to support market growth during the forecast period.

 

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The well-known companies profiled in the report include Danone, Yakult Honsha Co., Ltd., Nestle S.A., Lifeway Foods, Inc., Ganeden, Inc., Probi AB, BioGaia AB, Danisco A/S, Nebraska Cultures, Lallemand Inc., General Mills, Inc., and I-Health Inc. among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Polymer Gel Market Trends, Size, Growth and Forecast to 2026

 According to a new research published by Polaris Market Research the worldwide Polymer Gel Market is anticipated to reach around USD 8,836 million by 2026. In 2017, the personal care segment dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global polymer gel market.

 

The use of polymer gel in wide applications such as personal care, healthcare, agriculture, pharmaceutical, and construction among others majorly drives the growth of this market. Growing awareness regarding personal care and increasing disposable income, especially in developing regions boost the growth of the. The consumers are increasingly using products such as contact lenses, cosmetics, and personal care products, thereby augmenting the growth of polymer gel market. Technological advancements and increasing applications in pharmaceuticals and healthcare sectors would provide growth opportunities in the future. New emerging markets, emerging consumer demographics, and technological advancements would provide growth opportunities for polymer gel market in the coming years.

 

 

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Asia-pacific is expected to lead the global polymer gel market during the forecast period. A significant rise in the infant and geriatric population has been registered over the past few years, boosting the growth of polymer gel market. Increasing awareness personal care and hygiene, and rising disposable incomes in developing countries of this region augment the market growth in the region. Increasing application of polymer gel in healthcare and pharmaceutical also supports growth in this region. Use of polymer gel in agriculture, construction, and waste treatment further increases the demand of polymer gel in Asia-Pacific. Polymer gels are increasingly being used in manufacturing robotic actuators and artificial muscles. The increasing need of automation in manufacturing and other industries in the region drive the growth of robotics, thereby strengthening the market of polymer gel. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.

 

The personal care segment is expected to lead the market during the forecast period owing to wide applications in the industry. Polymer gel is used in diapers and female hygiene products owing to their high absorbing properties. Polymer gel is also used in cosmetics and contact lenses. Increasing   disposable income and rising awareness regarding personal hygiene boosts the growth of the market.

 

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The well-known companies profiled in the report include LG Chemicals Ltd., Chemtex Specialty Limited, BASF Corporation, Evonik Industries, FIMA Group Ltd, Nippon Shokubai Co., Ltd., SDP Global Co., Ltd., Sumitomo Seika Chemicals Co., Ltd, Ma’s Group Inc., and Dow Chemicals among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Aerospace Coatings Market Size Historical Growth, Analysis, Opportunities and Forecast

The global aerospace coatings market size is expected to reach USD 2.7 billion by 2026 according to a new study by Polaris Market Research. The report “Aerospace Coatings Market Share, Size, Trends, Industry Analysis Report By Resin (Polyurethane, Epoxy, and Acrylics); By Product (Water based and Solvent based); By Industry (OEM and MRO); By End User (Military & Space, Commercial & Business Aircraft, and Helicopters); By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Aerospace coating is a protective layer for decorative and functional aspects applied to the surface of the aircraft. It’s also called a substratum. Airlines use such coatings for repair, maintenance and painting while protective layer is used to avert external reaction of parts and to prevent chemical reaction with other parts as well. Aircrafts are subjected to high climatic stress causing metal surfaces to wear and tear, resulting in frequent maintenance and repair. Aerospace coatings provide high corrosion resistance, solar heat & ultraviolet rays, fog, and other adverse weather conditions. It also reduces aircraft weight along with high protection and thus helps to reduce CO2 emissions. Increasing number of aircraft in emerging markets such as China due to the growth of the aviation industry, and India is expected to boost demand for aerospace coatings. Airline fusions are of major interest to manufacturers of aerospace coatings, which is expected to fuel the growth of this market.

 

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Technological advances like nano technology will support the growth of the this market. The technology prevents metals used in aircraft from being corrosive. Due to high chemical reactivity, metals such as magnesium are highly prone to corrosion. Materials developed from this technology enhance the aircraft’s metal durability, establishing a significant role in the market for aerospace coating. Aircraft industry’s positive outlook driven by increased demand for commercial, military and general aviation will fuel the market share. Increasing global air traffic, particularly in emerging economies, has led to the expansion of commercial fleet size for airlines.

 

 

Commercial aviation is expected to grow at the significant CAGR during the forecast period as the most lucrative market for aerospace coatings. An increase in the number of air travelers, an increase in cargo traffic and an increase in international trade have resulted in the development of the commercial aviation industry, which is driving the market. Military aviation is the second most attractive market because of increased military & defense investment in countries like the U.S., Mexico, China, India, and Russia. Maintenance, repair and overhaul (MRO) demand will experience the highest rate of growth due to aviation industry consolidation. In the aviation industry, mergers & acquisitions generate new demand for logos, thus fueling demand for aircraft repainting. Furthermore, during the forecast period, faster processing time, wide color options and cost-effective services will support MRO’s market demand.

 

Asia Pacific will display the highest demand CAGR from China, India, Vietnam, Singapore and South Korea. Singapore and Malaysia are the major countries that provide regional and international airlines with MRO services. Increasing demand for commercial aircraft and the establishment of manufacturing facilities in the region by aircraft manufacturers will stimulate market share from 2019 to 2026. Due to rising numbers or air travelers in the UAE, Saudi Arabia and other Middle East countries, Middle East and Africa have a prominent share in the market. Furthermore, focusing on defense spending to expand capacity and upgrade the fleet will fuel the demand for the product across the region.

 

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There are several major players in the market including PPG Industries, Inc.; AkzoNobel N.V; Hentzen Coatings, Inc.; Sherwin-Williams; and Mankiewicz Gebr. & Co. among others. Other major comprises Saint-Gobain S.A; Axalta Coating Systems Ltd; IHI Ionbond AG; Henkel Corporation; AHC Oberflächentechnik; LORD Corporation; NV Specialty Coatings and BryCoat Inc. among others. Acquisitions and mergers by airlines provide manufacturers with growth opportunities as airlines repaint their fleets due to brand and identity changes. Increasing demand is projected to boost market rivalry due to the expansion of the aviation sector and customer preference for quality products. Competition is intense as customer requirements, regular innovation and performance product development are crucial to business growth and to maintaining the global industry position. In order to increase their production, manufacturers focus on cost reduction, faster cycle time, waste reduction and improved efficiency.

 

Rf Components Market Size, Analytical Overview, Growth Factors and Trends Forecast to 2026

According to a new study published by Polaris Market Research the global RF components market is anticipated to reach USD 23.7 billion by 2026. Innovative advancements improving antenna productivity by eliminating customary filters with cutting edge tunable filters is projected to propel the demand throughout the forecast period. The market is expected to increase its share due to expanding demand from automobile and consumer electronics industry. Growing endeavors for improvement of progressive and creative wireless framework is presumed to drive the product demand, thus the RF components market is projected to gain traction over the forecast period.

 

Increasing usage of consumer electronic goods such as cell phones, tablets, laptops, set-top boxes and next gen TVs is projected to fuel industry development throughout the forecast period. Growing consumer disposable income especially in developing economies of Brazil and India coupled with general developments in worldwide economy is expected to raise the demand altogether. Innovative headways in the field of wireless correspondence and improvement in materials utilized for assembling RF parts, for example, Silicon Germanium and Gallium Arsenide is likewise anticipated to drive the industry development. Expanding prominence and reception of fast systems, for example, 3G and 4G have altogether affected interest for RF parts.

 

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With RF advancements, items that are empowered with web conventions set out upon their reality and extension everywhere throughout the world. Developed nations, for example, Japan, U.S, and China had empowered this innovation with advanced design of specialized gadgets few years back.

  

Currently, the majority of the highly used frequency ranges are occupied by mobile phones or by governmental entities or unlicensed groups with constrained transmission frequency. New gadgets, for example, tablets, heads up display, and so on need to depend on less favorable frequency ranges, which have more noise conveyance than the distributed lower frequencies ranges.

 

Key Findings from the study suggest consumer electronics section represented for over 50% of the worldwide revenue in 2017, which is assessed to increase over the coming years inferable from rising disposable income bringing about growth appropriation of tech savvy electronic items. Growing customer spending on cell phone, tablets and other convenient electronic gadgets is expected to fuel the demand. Power amplifiers section represented more than 25% of the global market in 2017 and which is projected to develop further throughout the following years inferable from expanding pervasiveness of 3G and 4G handsets combined with developing focus on LTE idea. North America represented for more than 25% of the worldwide share in 2017. Expanding interest for better portability arrangements is assessed to drive provincial market development. Asia Pacific RF segments industry is assessed to display sensational development over the coming years ascribing to expanding selection of enhanced connectivity arrangements in the region. Antenna switches is assessed to display fast development over the forecast period, which can be essentially ascribed to expanding experimentation with switch designs especially in higher end handsets. Increasing number of 3G and 4G handsets is foreseen to extensively add to this fast development.

 

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Quality Management Software Market Size, Analytical Overview, Growth Factors and Trends Forecast to 2026

According to a new report on Quality Management Software (QMS) Market published by Polaris Market Research, the global market is anticipated to reach 15.48 USD billion by 2026 with a CAGR of 9.7% during the forecast period.

 

QMS is used to replace the paper based systems with automated quality management systems that follows stringent regulations and quality standards. This improves the product quality, increase the efficiency and satisfy the customer demands. QMS is anticipated to witness a remarkable growth owing to the standards and regulations compliance. The key factor that boosts QMS market is the solutions and systems used to ensure the high quality products and processes.

 

QMS reduces the risk of quality process failures and lower costs for large number of clients across a range of industries. QMS offers various features such as track deviations, improves non-conformances, improves safety and other features. Adoption of QMS can help the organization to improve their performance and overall competitiveness..

 

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Owing to the strict regulations, embedded business models and complex procedures, in the manufacturing, transportation & logistics sector, the implementation of QMS has increased. These regulatory implications are another major driving factor for the market. The demand for QMS is driven by the consumer goods & retail segment which facilitates the user by delivering high quality products at a cheap price which meets the customer satisfaction.

  

QMS offers different solutions which include complaint handling, audit management, change management, as well as document control. The factor that trigger the growth of QMS is document control which ensures secure documents and offers a repository for all documentation that makes search and retrieval a very easy task. Another rising factor that boosts the market growth of QMS is cloud-based deployment which offers flexibility, scalability, and optimized processes. Due to the recent advancements in the technology most of the companies are switching to cloud based services.

 

Key Findings from the study suggest that North America is the major region for the quality management software in 2017. The quality management software is dominated by the segments such as non-conformance/ corrective & preventive solutions. The complaint handing market is expected to emerge as the key segment over the forecast period.

 

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Developing economies of Asia Pacific drive the demand of QMS with application in industries such as manufacturing, transportation & logistics. Change management is also one of the key reason that gain traction in Asia-Pacific market. Another rising factor that boosts the market growth of QMS is cloud-based deployment which offers flexibility, scalability, and optimized processes. Due to the recent advancements in the technology most of the companies are switching to cloud based services.

 

Key players for QMS in the market are Aras Corporation, Dassault Systems SE, Hewlett-Packard Enterprise Co., MasterControl, Inc., Microsoft Corporation, Oracle Corporation, Parasoft Corporation, PSC Biotech Corp., SAP SE, Siemens AG, and Sparta Systems.

 

Automotive Lighting Market Size Historical Growth, Analysis, Opportunities and Forecast

The global Automotive Lighting market is anticipated to reach around USD 48.08 billion by 2026 according to a new research published by Polaris Market Research. In 2017, the passenger cars dominated the global market, in terms of revenue. In 2017, Asia-Pacific accounted for the majority share in the global Automotive Lighting market.

 

 

The expanding global automotive industry, along with increasing demand for passenger cars majorly drives the Automotive Lighting Market growth. The adoption of advanced automotive lighting solutions has increased significantly owing to increasing awareness regarding use of energy efficient lighting solutions, and growing need to improve road safety. Other factors driving the market growth include growing disposable income, technological advancements, and changing lifestyles. New emerging markets, emerging consumer demographics, and increasing adoption of eco-friendly lighting solutions would provide growth opportunities for automotive lighting market in the coming years.

 

 

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The use of LED lights in automobiles has increased significantly and these lights are gradually replacing halogen and xenon lights for headlamps and daytime running lights. LED technology is being used for rear lights, brake lights, indicators and daytime running lights owing to their reduced costs and greater flexibility. High brightness white LEDs offer improved visibility, are smaller in size, and offer controlled illumination pattern to avoid dazzling other drivers on the road.

 

In 2017, Asia-Pacific accounted for the highest share in the global automotive lighting market. Established automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region. The introduction of stringent government regulations regarding vehicular safety and use of eco-friendly lighting solutions accelerates the adoption of automotive lighting in the region. The economic growth in countries such as China, Japan, and India, rising living standards and growing disposable income further increases the demand of automobiles in the region. Expansion of global players into these countries to tap market potential boosts the Automotive Lighting Market Growth.

 

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The leading companies profiled in the Automotive Lighting Market report include Osram GmbH, Koninklijke Philips N.V., Zizala Lichtsysteme GmbH, Magneti Marelli S.P.A., Stanley Electric Co., Ltd., Ichikoh Industries, Ltd., Hella KGaA Hueck & Co., Koito Manufacturing Co. Ltd., General Electric Lighting, and Valeo S.A. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

Autonomous Car Market Trends, Size, Growth and Forecast to 2026

The worldwide Autonomous Cars Market is anticipated to reach over 263,532 units by 2026 according to a new research published by Polaris Market Research. In 2017, North America accounted for the majority share in the global autonomous cars market.

 

The increasing adoption of connected cars, along with growing need to automate driving to reduce human errors majorly drives the autonomous cars market growth. Market players such as Google, BMW, and Mercedes are increasingly developing advanced technologies for self-driving cars. The increasing need for improved road safety, and increasing disposable income would encourage consumers to invest in autonomous cars. Other factors driving the autonomous cars market growth include technological advancement, growing adoption of IOT, and dynamic mobility services. New emerging markets, emerging consumer demographics, and significant investments in research and development would provide numerous growth opportunities in the market during the forecast period.

 

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In March 2018, Nissan announced the integration of ProPilot Assist, its semi-autonomous driver assist system into its range of Nissan Altima cars. ProPilot Assist is a Level 2 self-driving system offering speed control, distance from other cars, and lane control with minimal input from the driver. Cameras integrated into the system are capable of detecting lane markings at highway speeds, adaptive cruise control, lane-keeping, and blind spot detection.

 

 

North America is expected to dominate the global autonomous cars market during the forecast period. This is due to high living standards and high disposable income. Presence of global players in these countries taps market potential and boosts the market growth. Increasing technological advancements and significant investments in research and development for development of self-driving cars support the market growth in this region. The government regulations regarding testing of driverless automobiles on public roads enables market players to introduce advanced self-driving technologies.

 

 

The major companies operating in the autonomous cars market include General Motors, Alphabet Inc., Uber, Daimler, BYD, Nissan, Honda Motor Corporation, Tesla Motors, Bayerische Motoren Werke AG, and Mercedes-Benz among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Flame Retardant Apparel Market Size Historical Growth, Analysis, Opportunities and Forecast To 2027

 The global flame retardant apparel market size is expected to reach USD 5.11 billion by 2027 according to a new study by Polaris Market Research. The report “Flame Retardant Apparel Market Share, Size, Trends, Industry Analysis Report, By Product (Inherent, Treated); By Type (Woven, Non-Woven, Knitted), By Clothing Type (Durable, Disposable); By End Use; By Regions; Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Manufacturers are using new technologies to develop garments with properties such as flame protection, durability, and comfort owing to the increasing demand from the industrial sector, driving market growth. Manufacturers have developed multi-utility apparels for wide range industries. Apparels of this type offer flame retardant, chemical protection, and cut protection. This offers high growth opportunity for the market growth.

 

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Manufacturers of protective clothing in North America and Europe need to comply with government regulations and standards enforced by associations such as OSHA. Governments in emerging economies are trying to establish stringent health and safety regulations and create an effective safety awareness programs for worker safety. As a result, the demand for flame retardant apparels is expected to witness growth across the regions.

 

Asia Pacific is expected to witness fastest growth over the projected period owing to the expansion of various several end-use industries such as automotive, manufacturing, and construction. In addition, the increasing number of production facilities in countries such as India and China is expected to further drive demand. Therefore, demand for protective apparels is anticipated to rise significantly driving the demand for flame retardant apparels. Recently, however, workers have started to purchase their own protective gear from online stores. Workers can choose from a wide variety of brands that comply with their company’s guidelines.

 

Companies such as Honeywell Safety, Bulwark, Seyntex N.V., Fristads, Marina Textil S.L., DEVA F-M. s.r.o., Koninklijke Ten Cate N.V., Portwest Ltd., Lakeland Industries, and National Safety Apparel Inc. are some of the key players operating in the concerned market.

 

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The market is fragmented with few major players operating across the regions. Companies such as Lenzing AG, Honeywell International, Bulwark, Kermel, 3M, W. L. Gore & Associates GmbH, and Dupont are few of the companies present across the globe and majorly provide flame retardant apparels and fabric.