Press release
Industrial Protective Clothing Market 2023: Key Players Honeywell,LAKELAND INDUSTRIES INC,PBI Performance Products, Inc.,Kimberly-Clark
Continuously progressive market happenings which include emergence of new sale channels, impactful advancement of technology, and a dynamic supply value chain force are turning out to be some of the crucial growth enhancers for industrial protective clothing industry. As per Global Market Insights, Inc., “Industrial Protective Clothing Market is set to almost triple its revenue share by collecting a revenue of over USD 14 billion by 2023, with an annual growth rate of 14% over 2016-2023.”
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Based on application landscape, industrial protective clothing market is primarily segmented into chemical defending clothing, clean room clothing, mechanical protective clothing, flame retardant apparel etc. Amongst the various application domains, durable and disposable based protective clothing are highly prevalent. In addition, flame retardant clothing is mainly adopted in industries which are highly prone to fire related potential perils.
Mandatory Safety regulations in sectors such as oil and gas, construction, metal forming, etc. have highly increased the overall market demand for flame retardant clothing. Industrial protective clothing industry share from flame retardant apparel application was over USD 1.3 billion in 2015, and with a heavy market demand, it is slated to register a striking double-digit annual growth rate of 14% over 2016-2024.
Clean room protective clothing is highly deployed in electronics units, clinical laboratories, as well as chemical laboratories. Raw material which is highly used in this type of clothing manufacturing is filament polyester as it avoids all types of infection and contamination. In 2015, clean room clothing recorded a revenue over USD 800 million. Increasing demand for light weight and durable protective apparel in oil and gas industry is thriving the mechanical industrial protective clothing market which is estimated to surpass USD 2 billion over the coming six years.
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Durable protective clothing emerged as the leading product segment, by accounting for an industry share of USD 3 billion in 2015. High durability, superb wear resistance, and enhanced utility make it the most preferred choice for product managers who deal with the safety protocol of the workers. Durable industrial protective clothing market is expected to record a striking CAGR of 14% in the coming six years due to its heavy demand from oil and gas and mining industries.
Disposable clothing is highly common in areas where the hazards are not that much intense. Some of the end use industries in which disposable industrial protective clothing market is generating a heavy momentum include petrochemicals, agriculture, chemical processing, pharmaceutical etc. Disposable gloves that hold a major chunk of overall disposable industrial protective clothing market alone accounted for USD 1.6 billion, out of the total industry share which was USD 2.1 billion in 2015. As per estimation, disposable protective clothing is projected to grow substantially at a CAGR of 13% over the period of 2016-2023.
With U.S. as the major contributor, North America industrial protective clothing market dominated the global landscape by covering almost 40% of the overall industry share. Strict regulations imposed in U.S. in correspondence to the safety canons have positively influenced the regional market dynamics. As per the record, North America market collected more than USD 2 billion in 2015.
Shale gas exploration and escalating commercialization of renewable chemicals in this region are expected to propel the market in the years ahead. Considering the rapid industrialization and the increasing infrastructure spending of emerging nations such as India and China, Asia Pacific industrial protective clothing market is slated to attain the highest growth of 15% over 2016-2023.
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Global industrial protective market is fiercely competitive with a diversified product portfolio. Strategic partnerships, technological complexities incorporation in the product design make the overall market highly intensive. Some of the prominent market players are Royal TenCate, DuPont, Teijin, PBI, and Bulwark.
Chapter 3. Industrial Protective Clothing Industry Insights
3.1. Industry segmentation
3.2. Industry Size and forecast, 2013 - 2023
3.3. Industry ecosystem analysis
3.4. Industry Impact forces
3.4.1. Growth drivers
3.4.1.1. Safety norms
3.4.1.2. Increasing prevalence of safety at workplace
3.4.1.3. Increase in construction spending in Asia Pacific and Middle East
3.4.2. Industry pitfalls & challenges
3.4.2.1. Expensive raw materials
3.4.2.2. Complexity in manufacturing process
3.5. Growth potential analysis
3.5.1. Multifunctional industrial protective clothing development
3.6. Porter's analysis
3.7. PESTEL analysis
Chapter 4. Industrial Protective Clothing Product Insights
4.1. Industrial protective clothing market share by product, 2015 & 2023
4.2. Durable
4.3. Disposable
Chapter 5. Industrial Protective Clothing Application Insights
5.1. Industrial protective clothing market share by application, 2015 & 2023
5.2. Flame retardant apparel
5.3. Chemical defending garments
5.4. Clean room clothing
5.5. Mechanical protective clothing
5.6. Limited general use clothing
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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