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Protective Clothing Market Analysis By Key Drivers, Emerging Trends, Business Insights And Forecast
Protective Clothing Market
Protective Clothing is a lucrative market and is expected to grow at a considerable CAGR. Protective clothing is worn to shield oneself from the adverse effects of chemicals, thermal, mechanical and other hazards. The growing implementations of strict safety regulations throughout the glove coupled with the increasing workplace hazards are expected to drive the market during the forecast period.
Moreover, practices such as total quality management (TQM) and safety standards mainly in U.S. and Europe are expected to further surge the growth of the market. The launch of new fibers coupled with the combination of attractiveness and safety in protective clothing market is anticipated to be a major opportunity for market growth. Protective clothing is extensively used in various ends use industries such as oil and gas, mining, building and construction, healthcare, firefighting, and military and defense among others.
However, the high cost of raw materials coupled with the growing threat of substitution is anticipated to a major downside to the growth of the market.
Competitive ...
... Analysis
Some of the prominent players operating in the global protective clothing market are 3M Company (U.S.), Ansell Limited (Australia), Asatex AG (Germany), Australian Defense Apparel (Australia), Bennett Safetywear Ltd (U.K), Bulwark Protective Apparel (U.S.), DuPont (U.S.), Globe Manufacturing Co. LLC (U.S.), Honeywell International Inc. (U.S.), and Kimberly Clark Corp. (U.S.)
Market Scenario
The building & manufacturing followed by the oil and gas end-user segment are the dominant segments. Healthcare is anticipated to be the fastest growing segment during the forecast years. The growing use of protective clothing in the healthcare industry to face various hazards such as chemicals, body fluid contaminations, and steel instruments among others is expected to add to the growth of the segment.
The global protective clothing market has been driven by a range of application in the various end-use industries such as building and construction, military and defense, oil and gas, and mining among others. Moreover, it is estimated that the building and manufacturing sector are set to witness the highest growth due to the various regulation by the government to reduce occupational hazards and ensure the safety of the workers during the forecast period, 2017-2023.
Market Segmentation
The global protective clothing market is segmented into the material, application, and end-user. On the basis of the material, the market is segregated into aramid & blends, polyolefin & blends, polyamide, PBI, cotton fibers, laminated polyesters, and others. The market by application is categorized into thermal, chemical, mechanical, visibility, and others. The market by end use industry is further segregated into oil & gas, construction & manufacturing, healthcare/medical, mining, military, and others.
Regional Analysis
The global protective clothing market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to be the fastest growing region at an exponential CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as the construction and manufacturing among others, which, in turn, is anticipated to fuel the demand for protective clothing in the region. Moreover, the growing oil and gas activities to meet the energy requirements mainly in India and China is also expected to surge the demand for protective clothing in the region.
The European region is estimated to witness a significant growth in the countries owing to burgeoning construction and healthcare industry. The implementation of stringent regulations to ensure the safety of workers coupled with the growing adoption rate is other factor contributing to the growth of the market. This major country attributing to this growth are Germany, France, Italy, and U.K among others.
The North American protective clothing market is mainly driven by the U.S. and Canada. The presence of the developed end-user industries such as healthcare and construction coupled with the increasing adoption rate is contributing significantly to the growth of the market. Moreover, the growing investments in the infrastructural development are further expected to add fuel to the growth of the market. In addition to this, the growing defense budget in the region has augmented the demand for protective clothing in the military and the fire protection sectors.
Intended Audience
Protective clothing market manufacturers
Traders and Distributors of protective clothing market
Production process industries
Potential investors
Raw material suppliers
Nationalized laboratory
Full report on Protective Clothing Market report spread across 139 pages, profiling 12 companies and supported with tables and figures available @ https://www.marketresearchfuture.com/reports/protective-clothing-market-5425
Geographical Analysis
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
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