Press release
Insulating Gloves Market Challenges, Risks and Entry Barriers, Sales Channels and Distributors, 2018-2025
This report studies the Insulating Gloves market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025. This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. Insulating gloves offer personal protection against electrical shocks when working on or near live wires. Six classes of gloves, differing in electrical characteristics, are provided and are designated as Class 00, Class 0, Class 1, Class 2, Class 3, and Class 4.Increasing construction industry growth propelling requirement for worker protection measure along with manufacturing business performance are instigating global industrial safety gloves market share. Rising awareness in countries including China, India, Brazil and South Africa owing to economic growth and industrialization are stimulating product demand. U.S. Department of Labor and Occupational Safety and Health Administration (OSHA) administrate and implement (OSH) Act regarding protection of worker’s health and safety across the nation. Improved industry protection measure and organizational protocol comprise of health concern along with security guidelines are strictly followed by workers & employee in maintaining product quality, will foster industry growth.
Global industry share is highly consolidated in nature owing to leading companies captured around 60% market share in 2017. The major companies include Latexx Partners, Supermax Corporation, Hartalega, Ansell and Top Gloves are major participants. Other players including Honeywell International, MCR, Acme, Riverstone Holdings, Longcane Industries, Rubberex, Towa Corporation, RFB, and Showa are contributing in market share. Increasing competition giving rise for the necessity to introduce wide range in new product development to improve competitive edge.
The global Insulating Gloves market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Insulating Gloves in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Honeywell Safety
Ansell
GB Industries
YOTSUGI CO., LTD.
Regeltex
Secura B.C.
Boddingtons Electrical
Hubbell Power Systems
Binamé Electroglove
Carhartt
By the product type, the market is primarily split into
Low Voltage Insulating Gloves
Medium Voltage Insulating Gloves
High Voltage Insulating Gloves
By the end users/application, this report covers the following segments
Electrical and Electronics
Automotive Industry
Power Industry
Communication Industry
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