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Comprehensive analysis on Industrial Safety Gloves Market | Key Players are: Ansell, Ejendals Ab, Hartalega Holdings Berhad, Honeywell, Kossan Rubber, Lebon Protection, Riverstone, Showa Glove Co, Supermax, Top Glove, Uvex, Towa
Mechanical industrial safety gloves dominate the market accounting for over 55% of the volume share in 2017. Key properties including excellent cut resistance, grip, dexterity and abrasion resistance likely to fuel product adoption rate. Strong application outlook for mining, automotive, heavy machinery equipment, assembling plants and industrial handling will boost their industry share over the forecast timeframe. They are highly durable and work effectively in machinery manufacturing, handling and maintenance.
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Occupational accidents result in huge losses in terms of lives, reimbursement to families, infrastructure damages, work disturbance and legal issues. Manufacturers have comprehended the negative impacts of these occurrences on the manufacturing process as well as the company?s reputation. This will garner higher spending on personal protective equipment, thus supplementing industrial safety gloves market growth.
Stringent standards set by regulatory bodies such as OSHA, EU, American National Standard for Hand Protection (ANSHP) will encourage manufacturers to adopt protective measures to improve worker safety. In addition, hand protection also offers dual benefit of protection from hazards and preventing commodities from contaminants, which in turn, augments product application scope.
According to Market Study Report, Industrial Safety Gloves Market size provides a comprehensive analysis of the Industrial Safety Gloves Market size segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides Market size landscape and Market size share information in the Industrial Safety Gloves Market size.
Multi-purpose industrial safety gloves emerged as the fastest growing segment with over 8.4% CAGR up to 2024. Exceptional resistance to abrasion, cut and permeation has enhanced its utilization in key industries such as automotive, chemical and machinery & equipment. The high-performance material used in its manufacturing enables longevity, which has enhanced its adoption rate among industrialists.
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Natural rubber held the largest share in material segment accounting over 46% volume share in 2017. It offers resistance against most acids, chlorine, formaldehyde & bases along with high durability, dexterity, fit and comfort. The product is also biodegradable, which makes them an environmentally friendly and cost-effective option, thereby fostering industrial safety gloves market over the forecast timeline.
Nitrile gloves are estimated to grow at 6.6% CAGR up to 2024. The product offers exceptional chemical resistance, tactile sensitivity, dexterity, comfort and puncture resistance when compared to vinyl and rubber material. Increasing necessity to maintain hygienic conditions in critical environment and prevent the risk of chemical, microbial & bacterial contamination will bolster industrial safety gloves market.
Automotive is estimated to be the largest application and was valued at over USD 1.5 Billion in 2017. Rapid expansion of automotive industry in developing economies including China, Brazil and South Africa owing to favorable macroeconomic conditions will enhance product sales over the forecast period. Extensive use in body painting, press shop operations, assembling operations and dexterity applications will provide strong business outlook for manufacturers.
North America industrial safety gloves market accounted for over 35% share in 2017. Strong presence of large-scale industries such as automotive, chemical, machinery & equipment will drive regional growth. Moreover, the stringent regulations implemented by the regional regulatory bodies such as OSHA, ANSHP on occupational safety will encourage product adoption rate.
The global industrial safety gloves market is highly fragmented owing to the presence of both regional and multinational players. Top Glove Corporation Bhd, Ansell Limited, Riverstone Holdings Limited Rubberex (M) Sdn Bhd and Honeywell International are among the major manufacturers in the business. include Mergers & acquisition, product development, capacity expansions and collaborations are key strategies adopted by the market players to gain market share. For instance, in April 2018, Top Glove Corporation Bhd completed the acquisition of Aspion Sdn Bhd, a Malaysian glove manufacturer.
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 360 degree 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
Chapter 4 Industrial Safety Gloves Market, By Product
4.1 Global industrial safety gloves market share by product, 2017 & 2024
4.2 Mechanical
4.2.1 Multi-purpose
4.2.2 Cut protection
4.2.3 Oil repellent
4.2.4 Specialized
4.3 Chemical & liquid protection
4.3.1 Chemical solution
4.3.2 Single use/disposable
4.4 Thermal
4.5 Special protection
Chapter 5 Industrial Safety Gloves Market, By Material
5.1 Global industrial safety gloves market share by material, 2017 & 2024
5.2 Nitrile Gloves
5.3 Natural rubber Gloves
5.4 Vinyl Gloves
5.5 Neoprene Gloves
5.6 Polyethylene Gloves
5.7 Other material gloves
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