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Industrial Gloves Market Expansion Projected to Gain an Uptick During 2025

06-05-2019 05:10 PM CET | Industry, Real Estate & Construction

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Industrial Gloves Market Expansion Projected to Gain an Uptick

In terms of volume, the global industrial gloves market stood at 113,272 Mn pair in 2017 and is expected to reach 216,048 Mn pair by 2025 end. In terms of value, sales of global industrial gloves in 2017 is estimated to be valued at nearly US$ 6,200 Mn. The market is slated to register a CAGR of 9.2% during 2017-2025 to reach a market valuation in excess of US$ 12 Bn by the end of the forecast period.

Increasing demand for superior performance and comfort to propel the industrial gloves market

North America has some powerful developed economies. The vast presence of all manufacturing and service industries, coupled with firm government rules and regulations on industrial safety is anticipated to remain a prominent driving factor for the growth in sales of industrial gloves in the North America market. Rising demand for superior performance and comfort is expected to play a pivotal role in this region. Consumers in North America are particular on the use of safety standards and follow them firmly in any working environment at all the end-use industries.

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Global Industrial Gloves Market – Regional Market Attractiveness Analysis

Global industrial gloves market dominated by developed countries

The strict regulations and rules imposed by governments and regulating authorities on manufacturers in developed regions such as North America, EU28 and Japan have made the industrial gloves market very attractive. Developed regions are expected to hold more than 60% of the market share in the global industrial gloves market, with a major contribution projected from the North America and Europe regions. The global market is anticipated to grow in terms of value and volume over the forecast period.

ASEAN countries in the APAC region are the major suppliers of industrial gloves in the market

The abundant availability of natural rubber and nitrile rubber has made the ASEAN region one of the prominent regions for the manufacturing of industrial gloves. Countries such as Malaysia, Thailand, and Indonesia are top producers of industrial gloves and almost 30 percent of industrial gloves produced in each of these countries is exported to North America and Europe by the global market participants.

Safety regulations and rules – a prominent growth driver in North America

North America is a developed region with abundant end-use industries. The governments in this region are strict and have stringent regulations for the safety of labor and working individuals. If any irregularities are found then the employer is charged with heavy penalties and on top of that, it also creates a bad image for the company among consumers and in the market. These strict government policies are expected to drive the demand for industrial gloves in all end-use industries over the forecast period.

What is this report all about?

This report deciphers the vast market of industrial gloves globally and considers the various applications of industrial gloves. Industrial gloves are categorized under personal protective equipment (PPE), which also includes head, body, and legs protection. Industrial gloves are considered to be the most common type of safety equipment in all end-use industries and is required for basic pick and drop applications. The industrial gloves market is one of the few industries where the ASEAN region boasts market leadership. ASEAN is the world's prominent exporter and producer of industrial gloves, supplying about 60%-65% of the global demand for industrial gloves. Despite heavy competition from neighbouring countries, Europe and in recent times China and ASEAN countries are expected to remain the dominant force owing to their farsighted and dynamic global industrial glove makers.

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Table Of Contents

1. Executive Summary

1.1. Market Overview
1.2. Market Analysis
1.3. Market Dynamics
1.4. Expert’s Opinions
1.5. PMR Analysis and Recommendations
1.6. Wheel of Fortune

2. Market Introduction

2.1. Market Taxonomy
2.2. Market Definition

3. Market Viewpoint

3.1. Macro-Economic Factors
3.1.1. Global Oil & Gas Sector Outlook
3.1.2. Global Chemical Sector Outlook
3.1.3. Global Construction Sector Outlook
3.1.4. Global Automotive Sector Outlook
3.2. Opportunity Analysis

4. Global Industrial Gloves Market Analysis 2012–2016 and Forecast 2017–2025

4.1. Introduction
4.1.1. Market Volume Projections
4.1.2. Market Size and Y-o-Y Growth
4.2. Global Supply Demand Scenario
4.3. Product – Cost Structure Analysis
4.4. Industrial Gloves Market Value Chain Analysis

5. Forecast Factors: Relevance and Impact

6. Global Industrial Gloves Market Analysis 2012–2016 and Forecast 2017–2025, By Material Type

6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume Analysis By Material Type, 2012 - 2016
6.3. Current Market Size (US$ Mn) and Volume Forecast By Material Type, 2017 - 2025
6.3.1. Latex Gloves
6.3.2. Nitrile Gloves
6.3.3. HPPE
6.3.4. Cotton
6.3.5. Leather
6.3.6. Aramid
6.3.7. Polyamide
6.3.8. Acrylic
6.3.9. Composite Fibers
6.4. Market Attractiveness Analysis By Material Type

7. Global Industrial Gloves Market Analysis 2012–2016 and Forecast 2017–2025 By Coating Type

7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Coating Type, 2012 - 2016
7.3. Current Market Size (US$ Mn) and Volume Forecast By Coating Type, 2017 - 2025
7.3.1. PVC
7.3.2. Nitrile
7.3.3. Latex
7.3.4. Polyurethane
7.4. Market Attractiveness Analysis By Coating Type

8. Global Industrial Gloves Market Analysis 2012–2016 and Forecast 2017–2025 By Sales Channel

8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2012 - 2016
8.3. Current Market Size (US$ Mn) and Volume Forecast By Sales Channel, 2017 - 2025
8.3.1. Direct Sales
8.3.2. Distribution Sales
8.4. Market Attractiveness Analysis By Sales Channel

9. Global Industrial Gloves Market Analysis 2012–2016 and Forecast 2017–2025 By Application

9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2012 - 2016
9.3. Current Market Size (US$ Mn) and Volume Forecast By Application, 2017 - 2025
9.3.1. Automotive & Transportation
9.3.2. Pharmaceuticals
9.3.3. Chemicals
9.3.4. Food & Beverages
9.3.5. Construction
9.3.6. Mining & Metallurgy
9.3.7. Oil & Gas
9.3.8. Pulp & Paper
9.3.9. Metal Fabrication
9.3.10. Other Manufacturing
9.4. Market Attractiveness Analysis By Application

10. Global Industrial Gloves Market Analysis 2012–2016 and Forecast 2017–2025 By Region

10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2012 - 2016
10.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2017 - 2025
10.3.1. North America
10.3.2. Latin America
10.3.3. Asia Pacific
10.3.4. Europe
10.3.5. Middle East and Africa
10.4. Market Attractiveness Analysis By Region

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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