Report ID: UCMIG25M2032
Report ID:
UCMIG25M2032 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The textile flame retardants market experienced a significant growth trajectory, with a valuation of USD 519.5 million in 2021. Over the forecast period from 2022 to 2030, it is projected to exhibit a compound annual growth rate (CAGR) of 3.6%. This steady expansion can be attributed to the increasing demand for flame retardant textiles across various industries, such as automotive, construction, and Health Care. Factors like stringent safety regulations and a growing emphasis on fire safety standards are driving the adoption of flame retardant solutions in textiles worldwide.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Textiles by segment aggregation, the contribution of the Textiles in Consumer Durables & Apparel and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25M2032