Press release
Insulating Gloves Market Outlook to 2023 by Major Players Honeywell Safety, Ansell, GB Industries, Regeltex, Secura B.C., Boddingtons Electrical, Hubbell Power Systems, Binamé Electroglove, Carhartt, Stanco Safety Products, Derancourt
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.
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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.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Honeywell Safety
Ansell
GB Industries
YOTSUGI CO., LTD.
Regeltex
Secura B.C.
Boddingtons Electrical
Hubbell Power Systems
Binamé Electroglove
Carhartt
Stanco Safety Products
Derancourt
Protective Industrial Products (PIP)
Dipped Products PLC (DPL)
Cementex
Balmoral Engineering
Saf-T-Gard
Macron Safety
Magid Glove
Mcr Safety
Sicame
DECO Industrial Gloves
This report presents a comprehensive overview, market shares, and growth opportunities of Insulating Gloves market by product type, application, key manufacturers and key regions.
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To calculate the market size, we considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Low Voltage Insulating Gloves
Medium Voltage Insulating Gloves
High Voltage Insulating Gloves
Segmentation by application:
Electrical and Electronics
Automotive Industry
Power Industry
Communication Industry
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Research objectives
To study and analyze the global Insulating Gloves consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Insulating Gloves market by identifying its various subsegments.
Focuses on the key global Insulating Gloves manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Insulating Gloves with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Insulating Gloves submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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