Demand for Disposable Gloves to Promote Growth in the Industrial Gloves Market Over 2018 to 2024

Huge presence of manufacturing industries coupled with strict rules and regulations on industrial safety is anticipated to remain the key factor for driving the growth of the industrial gloves market. Additionally, the demand for disposable gloves is driven by its low cost as compared to re-usable gloves. However, instability witnessed in the demand for rubber is anticipated to hamper the growth of the industrial gloves market. Furthermore, it is observed that nitrile gloves are replacing rubber, which in turn is creating huge growth opportunities for the key players in the industrial gloves market. These nitrile gloves are gaining popularity owing to the allergy-free properties, puncture resistance and durable properties.

North America to contribute to growth in the global industrial gloves market over the next 6 years

North America dominated the global industrial gloves market followed by Europe. Pooja Baragale a research analyst at Infinium Global Research quoted that, Europe and North America has recorded almost two-thirds of the total market revenue and increasing awareness regarding the worker's safety is anticipated to aid the maintaining regions market position. North America is developed with huge end-user industries owing to the strict regulations for the safety of the labors. Pooja Baragale further stated that rising automation over the American jobs and very soon, there will be no worker working in the manufacturing and other end-use industry. Furthermore, because of automotive and steel industries and industry chemicals, these gloves are scheduled to observe high demand in the Asia Pacific regions.

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Infinium Global Research has produced a new premium report Industrial Gloves Market. The report covers the analysis of global as well as regional markets of Industrial Gloves. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Industrial Gloves Market by material (natural rubber gloves, vinyl gloves, nitrile gloves, polyethylene and neoprene) and end user (aerospace, flat panel, disk drive, medical devices, semiconductors and pharmaceuticals) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Industrial Gloves Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Industrial Gloves Market are Semperit AG Holding, Top Glove Corporation Berhad, Rubberex, Hartalega Holdings Berhad, Towa Corporation, Shamrock Manufacturing Company Inc, Superior Glove, Ansell Healthcare, SHOWA, Inc and Honeywell International Inc.

Mergers and Acquisitions to remain key expansion strategies of the leading players in the industrial gloves market between 2018-2024

The prominent companies profiled in the industrial gloves market are Honeywell International Inc., SHOWA, Inc., Ansell Healthcare, Top Glove Corporation Bhd, Kossan Rubber Industries and Superior Glove. The market players and entrants are adopting new strategies in their products and employ cost reduction to maintain and influence market position. Moreover, a revolutionary type of medical examination glove has been developed recently, which seems to have an entirely new layer of infection control. These gloves are designed to have built-in antimicrobial technology, which has already been evident in preventing the spread of infection in highly sensitive areas such as hospitals.

Browse Detailed TOC, Description and Company Mentioned in this Premium Report@ https://www.infiniumglobalresearch.com/industry-automation/global-industrial-gloves-market

SDK Completes Acquisition of SGL GE

In October 2017, Showa Denko (SDK) announced that it completed the acquisition of all shares in SGL GE Holding GmbH (SGL GE), a graphite electrode production company, and made it a wholly owned subsidiary of SDK.

Top Glove completes Aspion acquisition

In April 2018, Top Glove completes Aspion acquisition has completed the acquisition of Aspion Sdn Bhd, making it the world’s largest surgical glove manufacturer.

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