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Protective Clothing Market Size Worth $10,211 Million By Key Players : 3M Company, DuPont, Teijin limited, Lakeland Industries, Workrite Uniform Company Inc., Ballyclare Limited, Glen Raven

11-23-2018 11:25 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Protective Clothing Market

Protective Clothing Market

Global protective clothing market was valued at $8,003 million in 2015, and is expected to reach $10,211 million by 2022, supported by a CAGR of 3.6% during the forecast period 2016 to 2022. All fabrics are protective to some extent but protective clothing are not only concerned to protect just from daily needs but also from situations where hazards or risks are present and that have the potential to be life threatening or pose considerable potential for injury or damage to the person working in and around the hazard.

The protective clothing manufacturers either use in-house materials or buy from raw material suppliers to process them. Major companies that manufacture protective clothing are E. I. du Pont de Nemours and Company, Lakeland Industries, Inc., 3M Company, Workrite Uniform Company, Inc., W. L. Gore & Associates, Glen Raven, Ballyclare Limited, Koninklijke Ten Cate NV, Cetriko and Teijin Limited.

Other players in the value chain include Fibertex A/S, Kermel, Rongxin Industry Manufacture Limited, Ebruzen Textile Industry Trade Co Ltd., Wuhan Kinglong Protective Products Co., Ltd., Veridian Fire Protective Gear and Ohnaka Industry Co., Ltd., etc.

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The key players in the global industrial protective clothing market adopt different key strategies, such as product launch, expansion, collaboration, agreement, and acquisition to withstand in the global competitive market. The market players profiled in this report are protective fabric manufacturers, who serve the product globally to several end-user industries. The data pertaining to market players and their strategic moves are gathered through annual reports and press releases of respective companies, various blogs available on the website, and primary calls made to the experts in the industry.

Protective clothes are designed to prevent the person and/or product from coming in contact with adverse elements of the environment, thus providing protection, and/or reducing the risk of exposure. Based on the industry, protective clothing can be of fire & heat resistant, chemical resistant, cold resistant, ballistic & mechanical resistant, and UV resistant.
The report exclusively focuses on current market trends and future growth opportunities in the industrial protective clothing market. The report also focuses on various material, application and various end-user industries of protective clothing, which includes oil & gas, construction & manufacturing, pharmaceuticals, law enforcement & military, firefighting and others. Moreover, the report analyzes the current market trends of protective clothing in different geographies and suggests the future growth opportunities by analyzing government regulations & policies, thereby further increasing the consumer acceptance of protective clothing.

Factors such as growing concern towards safety of workers coupled with stringent governmental regulations, continuous growth in demand for protective clothing from various end-user industries and extensive investments in research & development-which leads to development of new products and makes way for new applications are expected to boost market growth are expected to drive market growth over the forecast period. However, factors such as high price of protective clothing and a constant threat of substitution is expected to hamper the market growth during the forecast period. A growth in the penetration of protective clothing in industries such as oil & gas and pharmaceuticals will provide significant opportunities to the industry players across the value chain. Furthermore, an increase in demand from emerging economies such as India, China, South Korea, and Brazil are expected to drive future growth.

Stringent U.S. governmental regulations regarding the safety of workers such as occupational safety and health act (OSHA) and flammable fabrics act under consumer safety commission is also driving the market for protective clothing during the forecast period. Increasing disposable income in the emerging economies coupled with significant opportunities in end-user industries are expected to provide significant opportunities for key players operating in the market.

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KEY MARKET BENEFITS

• The study provides quantitative analysis of the global protective clothing industry with current trends and future estimations through 2014-2022 to identify the prevailing market opportunities to capitalize on.
• Extensive analysis by end-user industry, application and material type predicts the various types of protective clothing used in different end-user applications.
• Competitive intelligence highlights the business practices followed by leading players across various regions.
• An in-depth analysis of current research and clinical developments within global protective clothing industry is provided with key dynamic factors that affect the market behavior.
• Comprehensive analysis of all geographic regions are provided to determine the prevailing opportunities in these geographies.
• Key market players and their strategies are analyzed to identify the competitive outlook.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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