Top Glove, Ansell, Hartalega, MCR Safety Profiled in Industrial Safety Gloves Market Report 2018-2024 publish by Global market insights, Inc.

Industrial Safety Gloves Market size is estimated to surpass USD 9 billion by 2024; according to a new research report by Global Market Insights, Inc.

Companies Profiled:

The global industry share is highly fragmented with the presence of large number of multinational as well as regional manufacturers. Ansell Limited, Honeywell International, Top Glove Corporation Bhd, Riverstone Holdings Limited and Rubberex (M) Sdn Bhd are among the major manufacturers in the business. The manufacturers are majorly involved in business expansion, mergers & acquisitions along with joint ventures, and numerous products launches to gain a competitive edge over others. For instance, in June 2018, Ansell Limited introduced Alphatec 58-735, a new innovative multi-hazard hand protection safety glove. This helped the company to expand its industrial safety gloves products portfolio in the market.

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Specialized protection gloves under mechanical segment is holding the highest potential and is anticipated to grow at over 5.5% CAGR from 2018 to 2024. Improved shock proof benefits coupled with the anti-vibration advantages will majorly enhance the product demand in the market. The strong requirement from electric, mining, construction, and earth moving industries are majorly propelling the market penetration of industrial safety gloves.

Mechanical industrial safety gloves market will witness over 7.5% CAGR in terms of revenue up to 2024. These products are highly durable and work effectively in machinery manufacturing, handling and maintenance. Increasing workers’ protection concerns against higher mechanical risk associated with several industries including construction, automotive, mining, manufacturing, steel, machinery, and the equipment industry will enhance the overall business expansion.

Natural rubber industrial safety gloves market is projected to surpass 4 billion units by 2024. Natural rubber latex is used in the manufacturing process owing to the resistance offered by it against acids, iodine, chlorine, formaldehyde and bases. Increasing natural rubber protective glove usage in the manufacturing and food processing applications will augment the product portfolio. Key properties such as high durability, dexterity, fitting and comfort along with environmentally friendly and cost-effective will further boost the business expansion.

Automotive application of the industrial safety gloves was valued over USD 1.5 billion in 2017. Major applications in the automotive industry, including press shop operations, dexterity applications, body painting and assembling operations. Surging numerous machinery handling by the workers in the automotive sector owing to the shifting consumer preferences towards the electric vehicle segment will propel the overall industry landscape.

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Regional Analysis:

Europe industrial safety gloves market will witness a CAGR over 7% from 2018 to 2024. Stringent government guidelines and regulations pertaining to the use of protective wear and its quality benchmarks will promote product penetration in the region. HSE provides a regulatory framework for workplace wellness in Great Britain. High applications and requirement of the product in major countries, including Germany and Russia will drive the overall regional industry growth.

Latin America industrial safety gloves market will surpass USD 700 million by 2024. Rapid industrialization, rising awareness about security in industries, and the implementation of protective regulations are among the major growth drivers in the region. The region receives its supply majorly from Southeast Asia and various countries that have trade agreements with glove manufacturing countries.

Report Content:

Chapter 1 Methodology & Scope

1.1 Research methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Definitions
1.1.5 Assumptions, scope & forecast parameters
1.2 Data sources
1.2.1 Paid Sources
1.2.2 Secondary
1.2.3 Primary

Chapter 2 Executive Summary

2.1 Industrial safety gloves industry 3600 synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Material trends
2.1.4 Application trends
2.1.5 Regional trends

Chapter 3 Industrial Safety Gloves Industry Insights

3.1 Industry segmentation
3.2 Industry landscape, 2013- 2024
3.3 Industry ecosystem analysis
3.3.1 Raw material suppliers
3.3.2 Manufacturers
3.3.3 Distributors/Dealers
3.3.4 End-users
3.3.5 Profit margin analysis
3.3.6 Distribution channel analysis
3.3.7 Vendor matrix
3.4 Technology landscape
3.4.1 Production process
3.4.1.1 Natural rubber and latex
3.4.1.2 Nitrile and vinyl
3.4.1.2.1 Washing
3.4.1.2.2 Coagulation
3.4.1.2.3 Application
3.4.1.2.4 Dripping
3.4.1.2.5 Gelling
3.4.1.2.6 Leaching
3.4.1.2.7 Beading
3.4.1.2.8 Slurry
3.4.1.2.9 Stripping
3.4.1.2.10 Testing
3.5 Consumer buying behavior
3.5.1 Unmet needs
3.5.2 Information search
3.5.3 Evaluation of alternatives
3.5.4 Purchase decision
3.5.5 Post purchase behaviour
3.6 Global personal protective equipment market outlook, 2018-2024
3.6.1 Current trends in reusable gloves
3.6.1.1 Mechanical gloves
3.6.2 Other gloves trends in industries
3.7 Regulatory landscape
3.7.1 North America
3.7.1.1 U.S
3.7.2 Europe
3.7.3 Asia Pacific
3.7.3.1 Australia
3.7.3.2 India
3.7.3.3 China
3.7.4 LATAM
3.7.4.1 Brazil
3.7.4.2 Mexico
3.7.5 Middle East and Africa
3.7.5.1 South Africa
3.8 Pricing analysis, 2013 – 2024
3.8.1 Regional pricing
3.8.1.1 North America
3.8.1.2 Europe
3.8.1.3 Asia Pacific
3.8.1.4 Latin America
3.8.1.5 MEA
3.8.2 Cost structure analysis
3.9 Innovation & sustainability
3.9.1 Renewable materials
3.10 Industry impact forces
3.10.1 Growth drivers
3.10.1.1 Occupational safety regulations and growing awareness of worker safety & security
3.10.1.2 Rapid industrialization in many regions driving demand for safety gloves
3.10.1.3 Technological advancement
3.10.2 Industry pitfalls & challenges
3.10.2.1 Skin allergies to latex material
3.10.2.2 Market access (tariff & non-tariff barrier)
3.11 Growth potential analysis, 2017
3.11.1 New business model
3.11.1.1 Capacity expansion & diversified product portfolio
3.11.1.2 Certification & product accreditation
3.11.1.3 Technological innovation
3.12 Competitive landscape, 2017
3.12.1 Top players overview, 2017
3.12.2 Global company market share analysis, 2017
3.12.3 Europe market share analysis, 2017
3.12.3.1 Top players analysis, 2017
3.12.4 MEA market share analysis, 2017
3.12.4.1 Top players analysis, 2017
3.12.5 Key stakeholders
3.12.6 Strategy dashboard
3.13 Porter’s analysis
3.14 PESTEL analysis

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