openPR Logo
Press release

Industrial Protective Clothing Fabrics Market is anticipated to reach US$3.36 bn by 2024

Industrial Protective Clothing Fabrics Market is anticipated

The global industrial protective clothing fabric market depicts the presence of a substantially consolidated market, says Transparency Market Research on the basis of a newly published report. This is mainly due to a handsome 27.2% of the total market shares that were held by three prominent players: Milliken & Company, Teijin Aramid, and TenCate. Most companies are looking forward to improve their presence in the global industrial protective clothing fabric market by setting up new facilities for the purpose of manufacturing in new regions. Moreover, numerous businesses are also focused on participating in strategic collaborations, mergers & acquisitions, and partnerships, in order to aim for high revenue generation.

Get Research Report Overview @

Apart from the three companies mentioned above, several others constitute a major portion of the vendor landscape such as Gunei Chemical Industry, Huntsman International LLC., Solvay S.A., PBI Performance Products Inc., and Glen Rave Inc.

According to expert analysts, the global industrial protective clothing fabric market is expected to expand at a strong CAGR of 6.8% during the forecast period from 2016 to 2024. With this CAGR, the market's revenue is anticipated to reach US$3.36 bn by the end of 2024, which is a decent increase from initial revenue of US$2.24 bn that was generated in 2016.

Rapid Progress in Oil and Gas Industry Stokes Growth in the Market

A growing consciousness inside the industrial sector in various emerging economies with regards to workplace safety is majorly driving the international industrial protective clothing fabric market. Favorable initiatives and support provided by several governments in order to uphold safety precautions in sectors that demand intensive work too is providing a large impetus to the market's growth. This is mainly due to rising concerns regarding injuries caused by high rate of mortality among workers in the industrial domains.

Request A Sample -

A major factor that augments the growth of the global industrial protective clothing fabric market currently is the surge witnessed by the oil and gas industry. Such growth is mainly responsible because of a dire need for using protective clothing while working at offshore as well as onshore oil rigs. With increasing investments made by several players as well as governments to curb injuries and provide better protection, coupled with a robust rate of innovation and product development, the global industrial protective clothing fabric market is expected to expand splendidly in the near future.

High Costs of Clothing Material Dampen Expansion Rate

However, this market also faces restrictions with the emergence of various issues, a prominent one being the high cost of fabrics that are flame-resistant. Such costs might discourage companies having less capital for investment to not opt for the clothing, and instead use cheaper and less efficient alternatives. Moreover, these materials are likely to witness less availability in remote and underdeveloped regions too. Nevertheless, several manufacturers are soon prophesized to introduce cost-effective clothing varieties. This could certainly offset most restraints acting in this market.'

Get PDF Brochure for more Professional & Technical industry insights:

The information shared in this review is based on a TMR report, titled, "Industrial Protective Clothing Fabrics Market (Applications - Oil & Gas, Utilities, Electricians, Combustible Dust, Welding, Molten Metals, Food Service, and Mining) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024"

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Protective Clothing Fabrics Market is anticipated to reach US$3.36 bn by 2024 here

News-ID: 1923313 • Views: 121

More Releases from Transparency Market Research

Mass Spectroscopy Market: Key Opportunities and Forecast up to 2023
Global Mass Spectroscopy Market: Snapshot The prosperity of the global mass spectroscopy market, which is projected for a healthy CAGR during the forecast period of 2015 to 2023, can be attributed to a number of factors such as growing food safety concerns, new international GMP and GDP certification for pharmaceutical excipients, advent of miniaturized mass spectrometers and hybrid mass spectrometers, other technological advancements, and increasing government investments in a number of
Hospital Microbiology Testing Market: Advances in Infectious Disease Practices D …
Hospital Microbiology Testing Market: Overview Clinical microbiology plays an important role in an individual's health and helps to manage infectious disease outbreak by identifying pathogens having potential to infect people. Hospital microbiology testing is a part of clinical laboratory testing involved in conducting multiple tests and blood collections in hospitals. It enables adequate management of threats of infectious diseases. Timeliness of diagnosis, appropriateness of treatment, advances in infectious disease practices and
Epidermal Growth Factor Receptor (EGFR) Antibodies Market Growth Prospects, Tren …
The epidermal growth factor receptor (EGFR) is defined as a transmembrane tyrosine kinase receptor involved in the survival and proliferation of the cancerous cells. Any kind of mutations affecting these EFGR receptors or activity could results in cancer. Read Report Overview - Mutations lead to over-expresion resulting in large number of cancer, including lung cancer, anal cancer and glioblastoma multiforme. EGFR receptors are the first molecule target against which monoclonal antibodies
Fibroblast Activation Protein Inhibitors Market Research Report | Forecast Until …
Fibroblast activation protein (FAP) is a serine protein that is selectively expressed in pathologic sites in the adults making it a target specific site for many therapeutic agents. Fibroblast activation protein (FAP) is expressed during tissue remodeling stage in embryonic development. However, in adults, fibroblast activation protein (FAP) is expressed in specific sites like cancer, arthritis, inflammation, injury, pulmonary fibrosis, etc. Read Report Overview - Fibroblast activation protein is widely

All 5 Releases

More Releases for Clothing

CC Wholesale Clothing is the largest wholesale clothing mart
United States 16-05-2018. CC Wholesale Clothing is the leading and trusted clothing store carries finest selection in wholesale clothing. It has very good range of fashionable apparels, accessories and other items of your use. You can easily buy the quality products at the guaranteed low prices. This is the must visit wholesale clothing mart for all kind of buyers who want to save time and money on online shopping. If
Global Adaptive Clothing Market Research Report 2017 : JBS Clothing, VentureRada …
Qyresearchreports include new market research report "Global Adaptive Clothing Market Research Report 2017" to its huge collection of research reports. The report endeavors to give clear signs to market members into which trends will pick up unmistakable quality or which will lose their gloss in the coming years. This helps developing and additionally settled organizations in powerful methodology definitions. The provide details regarding the global Adaptive Clothing market offers intricate and thorough
CC Wholesale Clothing is the wholesale clothing mart online
United States 30-11-2017. CC Wholesale Clothing is the largest clothing store carries huge variety in latest clothes. It is the perfect shopping destination that provides huge selection in clothing and lets you have the great shopping experience. Whether you want to buy clothes for men, women or kids but this is your must visit store will definitely exceed your expectations. It is the complete fashion store for women who want
CC Wholesale Clothing – Find and buy quality wholesale clothing
United States 13-02-2017. CC Wholesale Clothing is the leading clothing store caters amazing selection of apparels, accessories, footwear, jewelry and much more. Clothes or apparels serve the great purpose in our routine life and modern generation always look forward for unique style of fashion clothing wholesale. Buying wholesale clothes is advantageous option as you can save your time and money both at the same time. Online shopping is being the
Quiz Clothing Unveil Latest Coral Clothing Designs
Glasgow, United Kingdom (11 March, 2011) - Quiz Clothing, a leading UK supplier of stylish women's clothing and the latest fashion trends, reveal their new collection of coral clothing designs, in line with fashion predictions for 2011. The renowned versatility of the coral shade has been taken on-board by high-end fashion designers and high street retailers alike, with coral hailed by many as the hot colour of the Spring 2011 season.
Clothing Apparel Exporters
Tex-xpressions is a Global Merchandise Service Sourcing organization that has over 18 years of experience in Clothing Apparel Exporting,Modern Home Furnishing Textiles behind it and also in Women accessories vendors.Clothing Apparel Exporters,Clothing Apparel & Textile Exporters. Our planning systems are engineered to respond effectively to changing market scenarios,product range flexibility and ensuring a high level of customer satisfaction in all business like Women accessories,Modern Embroidery.We are able to do this as