Global Electric Arc Protective Fabrics Market Size To Exceed USD 2.9 Billion By 2033 | CAGR of 6.81%
Category: Chemicals & MaterialsGlobal Electric Arc Protective Fabrics Market Size To Exceed $ 2.9 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Electric Arc Protective Fabrics Market Size Expected to Grow from USD 1.5 Billion in 2023 to USD 2.9 billion by 2033, at a CAGR of 6.81% during the forecast period 2023-2033.
Get more details on this report -
Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the "Global Electric Arc Protective Fabrics Market Size, Share, and COVID-19 Impact Analysis, By Type (Cotton & Cotton Blended and Aramid & Aramid Blended), By Application (Oil & Gas and Electric Power Industry), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033" Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/electric-arc-protective-fabrics-market
Electric arc protective fabrics are specially designed textiles that safeguard workers in high-voltage electrical systems from the hazards of electrical arcs. These fabrics are mostly produced from materials that are naturally flame-resistant or have been modified to withstand the extreme heat and thermal energy generated by an electric arc flash incident. They consist of personal protective equipment such as gloves, coats, shirts, jeans, and arc flash suits. Moreover, the electric arc protective fabrics market is characterized by stricter workplace safety laws, increased awareness of electrical risks, and industrial accidents. Improved comfort, durability, and flame resistance due to innovations in fabric material are further drivers of growth in this industry. Furthermore, an increased industrial presence in emerging economies, combined with growing concerns about sustainability, drives up demand for protective materials. Furthermore, advancements and technical advances drive growth in the electric arc protective fabrics market. However, high production costs are one of the obstacles facing the electric arc protective fabrics industry, which limits its widespread usage. The strain of ongoing innovation to meet changing safety requirements and client preferences adds to this.
The aramid & aramid blended segment is expected to hold the largest share of the global electric arc protective fabrics market during the projected timeframe.
Based on type, the global electric arc protective fabrics market is categorized as cotton & cotton blended and aramid & aramid blended. Among these, the aramid & aramid blended segment is expected to hold the largest share of the global electric arc protective fabrics market during the projected timeframe. They are employed for their high flame resistance, durability, and thermal protection. These materials are widely used in the utilities and oil and gas industries, where worker safety is critical.
The electric power industry segment is expected to grow at the fastest CAGR during the forecast period.
Based on the application, the global electric arc protective fabrics market is categorized as oil & gas and electric power industry. Among these, the electric power industry segment is expected to grow at the fastest CAGR during the projected timeframe. This growth is being driven by an increase in the risk of electrical hazards as well as the expansion of power infrastructure, such as grids and renewable energy projects. Furthermore, severe safety rules such as NFPA 70E and OSHA standards require the industry to embrace protective materials.
North America is projected to hold the largest share of the global electric arc protective fabrics market over the forecast period.
Get more details on this report -
North America is projected to hold the largest share of the global electric arc protective fabrics market over the forecast period. These markets are highly driven, considering the stringent safety regulations for safety, such as NFPA 70E and OSHA for utilities, oil & gas, and electrical power applications, and strong industrial growth related to energy, manufacturing, and construction sectors, together with technological advances in innovations and their advancements in fabrics.
Asia Pacific is expected to grow at the fastest CAGR growth of the global electric arc protective fabrics market during the forecast period. This is because of increased industrialization, particularly in the manufacturing, construction, and energy sectors. Demand is driven by increased workplace safety awareness, as well as stronger safety requirements in nations such as China and India. Furthermore, the increase in electrical dangers caused by developing power infrastructure and electrical projects increases demand for protective fabrics, accelerating market expansion in the region.
Major vendors in the global electric arc protective fabrics market are DuPont, 3M Company, Teijin Limited, Honeywell International Inc., Lakeland Industries, Inc., Workrite Uniform Company, Inc., MarinoWare, W. L. Gore & Associates, Inc., Swiss Safety Center, CarbonX, Ballyclare Limited, PBI Performance Products, Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In April 2023, Pyramex introduced the GL3000 Series Arc Flash Protection gloves, which improved workplace safety. These gloves are noted for their great comfort, fit, and dexterity, as well as their high level of protection from arc flash risks.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global electric arc protective fabrics market based on the below-mentioned segments:
Global Electric Arc Protective Fabrics Market, By Type
- Cotton & Cotton Blended
- Aramid & Aramid Blended
Global Electric Arc Protective Fabrics Market, By Application
- Oil & Gas
- Electric Power Industry
Global Electric Arc Protective Fabrics Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?