Industrial Safety Gloves Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024
Category: #reports  By Partha Ray  Date: 2019-01-10
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Industrial Safety Gloves Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024

Market Study Report: The Report entitled 2018-2024 Global Industrial Safety Gloves Market Report explores the essential factors of the Industrial Safety Gloves market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario. The Global Industrial Safety Gloves market has been separated by this report based on the key players profiles, Type, Application and Regions.

North America industrial safety gloves market accounted for over 35% share in 2017. Strong presence of large-scale industries such as automotive, chemical, machinery & equipment will drive regional growth. Moreover, the stringent regulations implemented by the regional regulatory bodies such as OSHA, ANSHP on occupational safety will encourage product adoption rate.

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Automotive is estimated to be the largest application and was valued at over USD 1.5 Billion in 2017. Rapid expansion of automotive industry in developing economies including China, Brazil and South Africa owing to favorable macroeconomic conditions will enhance product sales over the forecast period. Extensive use in body painting, press shop operations, assembling operations and dexterity applications will provide strong business outlook for manufacturers.

The global industrial safety gloves market is highly fragmented owing to the presence of both regional and multinational players like Acme Safetywears Limited, Ansell, Arco Limited, ATG, Atlas Safety Products, Blaklader B.V., Ejendals AB, Ekastu Safety GmbH, Hartalega Holdings Berhad, Honeywell International, Inc., Kachele Cama Latex GmbH, Kossan Rubber Industries Bhd, Lebon Protection, Mapa Professional, MCR Safety, Riverstone Holdings Limited, Rubberex Corporation (M) Bhd, Showa Glove Co., Stego Gloves Technologies, Supermax Corporation Berhad, Top Glove Corporation Bhd, Towa Corporation, Uvex Group.

Mechanical industrial safety gloves dominate the market accounting for over 55% of the volume share in 2017. Key properties including excellent cut resistance, grip, dexterity and abrasion resistance likely to fuel product adoption rate. Strong application outlook for mining, automotive, heavy machinery equipment, assembling plants and industrial handling will boost their industry share over the forecast timeframe. They are highly durable and work effectively in machinery manufacturing, handling and maintenance.

Multi-purpose industrial safety gloves emerged as the fastest growing segment with over 8.4% CAGR up to 2024. Exceptional resistance to abrasion, cut and permeation has enhanced its utilization in key industries such as automotive, chemical and machinery & equipment. The high-performance material used in its manufacturing enables longevity, which has enhanced its adoption rate among industrialists.

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Natural rubber held the largest share in material segment accounting over 46% volume share in 2017. It offers resistance against most acids, chlorine, formaldehyde & bases along with high durability, dexterity, fit and comfort. The product is also biodegradable, which makes them an environmentally friendly and cost-effective option, thereby fostering industrial safety gloves market over the forecast timeline.

Nitrile gloves are estimated to grow at 6.6% CAGR up to 2024. The product offers exceptional chemical resistance, tactile sensitivity, dexterity, comfort and puncture resistance when compared to vinyl and rubber material. Increasing necessity to maintain hygienic conditions in critical environment and prevent the risk of chemical, microbial & bacterial contamination will bolster industrial safety gloves market.

Table of Content:

Chapter 1    Methodology & Scope

Chapter 2    Executive Summary

Chapter 3    Industrial Safety Gloves Industry Insights

Chapter 4    Industrial Safety Gloves Market, By Product

Chapter 5    Industrial Safety Gloves Market, By Material

Chapter 6    Industrial Safety Gloves Market, By Application

Chapter 7. Industrial Safety Gloves Market, By Region

Chapter 8    Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/industrial-safety-gloves-market

Related Report:

United States Industrial Safety Gloves Market by Manufacturers, States, Type and Application, Forecast to 2023

This report focuses on the Industrial Safety Gloves in United States market, to split the market based on manufacturers, states, type and application. Industrial Safety Gloves is the specific type of gloves that can be used in industrial work. The workplace can create many hazards for your hands, whether from chemicals, cuts or burns. It is important to assess the risk for each task and use different types of industrial safety gloves that provides specialized protection.

https://www.marketstudyreport.com/reports/united-states-industrial-safety-gloves-market-by-manufacturers-states-type-and-application-forecast-to-2023/?utm_source=marketsize-VL

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About Author

Partha Ray

Email: [email protected]   

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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