Fabric Protection Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2025
The global fabric protection market size is expected to reach USD 1.53 billion by 2025, expanding at a CAGR of 4.6% over the forecast period, according to a new report by Grand View Research, Inc. Growing product demand for performance fabrics, owing to its advanced traits such as stain and water resistance, and antimicrobial properties are predicted to propel industry growth over the projected period. The industry players are observed to enter long-term contracts with the raw material suppliers to maintain consistency in the raw material supply chain. The key raw materials used for fabric protection such as carbon dioxide, isopropyl alcohol, acetone, fluorochemicals are highly sensitive. Thus, raw material handling, storage, and transportation are expected to be major factors influencing the overall product pricing. The key industry participants own several trademarks, which has emerged as a valuable asset for these companies. Product branding of these market players helps them gain extended consumer traction and strengthen their presence in the industry. This strategy is likely to be the key barrier for the emerging industry players, thereby lowering the threat of new entrants in this business. Browse Details of Market Report @ https://www.grandviewresearch.com/industryanalysis/fabric-protection-market