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What's driving the Industrial Safety Gloves Market trends? Honeywell International, Inc., Acme, Blaklader B.V, Ansell Limited, Ejendals AB, Atlas Safety Products

05-15-2020 09:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Study Report LLC

What's driving the Industrial Safety Gloves Market trends?

Market Study Report LLC provides a detailed overview of Industrial Safety Gloves Market with respect to the pivotal drivers influencing the revenue graph of this business sphere, via the latest research addition to its online library. The current trends of Industrial Safety Gloves Market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

Increasing accidents in workplaces have led regulatory bodies such as OSHA and EU to lay down stringent norms and regulations to ensure protection standards in the workplace. As per the Bureau of Labor Statistics and National Safety Council, more than 180,000 U.S. workers sustained lost-time hand injuries in 2017. Improved regulatory scenario to protect workers from different hazards such as electrical hazard, thermal hazard, mechanical hazard, snags, and cuts is likely to boost product penetration over the forecast period.

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Increasing concern pertaining to the financial cost incurred in lost production time, medical expenses and workers compensation across oil & gas, automotive, construction, and chemical industries is likely to propel industrial safety gloves market. As per OSHA, the financial cost of hand injuries is more than USD 300 million in the U.S. annually. Safety assessment programs adopted by various industries to reduce financial burden posed by hand and wrist injuries will offer myriad opportunities for industry participants over the projected timeframe.

Honeywell International, Inc., Acme, Blaklader B.V, Ansell Limited, Ejendals AB, Atlas Safety Products, Arco Limited, and Hartalega Holdings Berhad are among the major industry participants. The industrial safety gloves market share is fragmented in nature due to the presence of international, and regional players. Mergers & acquisitions, technological innovations, new product development, and strategic collaborations, are among the key strategies to gain significant competitive share by the major industry players. For instance, in August 2015, ATG launched a new version of the MaxiCut cut resistant glove. The new product, Maxicut Ultra, was developed utilizing its AirTech micro-foam nitrile coating that strengthened the company?s product line.

The American National Standard Institute (ANSI) upgraded its hand protection standard from ANSI/ISEA 105-11 to ANSI/ISEA 105-16. European Union also upgraded its testing standard from EN388-2003 to EN388-2016. These new updated standards aim in meeting ergonomic design demands and improved standards from end-users. The upgraded standard also facilitates standardization for determining cut levels and provides a more coherent way to identify gloves actual cut resistance, providing end-users more clarity on product features.

Natural rubber segment will witness over 6.5% CAGR up to 2025. Natural rubber is extensively used in applications where protection against chemical and liquid is required. It is blended with other components to manufacture gloves that protect against hazards caused by cuts. Besides, it is ideal for industrial applications such as processing & recycling, fabrication, metal stamping, glass & window, manufacturing, aerospace, and HVAC.

Chemical & liquid protection product is anticipated to witness significant gains over 7.0% by 2025 as it supports diverse applications including protection against hydraulic fluids and acids. Properties such as anti-impact, oil & water resistance, and improved grip for providing protection in cold weather coupled with innovative design trends will further support the product demand. Chemical & liquid protection products are also suited for diverse task areas such as oil haulers, oil rig & platform, and pipeline.

Oil & gas application will showcase considerable growth with over 6.3% CAGR from 2019 to 2025. Manufacturers are extensively engaged in improving standards of gloves for oil & gas application as cut, pinching, crushing, and puncture hazards make up most of the serious hand injuries sustained by workers. Also, arch flash protection and back of hand protection gloves with superior grip for oily environment will further support the segment growth as injuries from arch flash incidents are increasing.

Asia Pacific is expected to hold over 15% market share by 2025 as the region witnessed rapid expansion of industrial output over the past few years. Emerging markets including China, Japan, and India are seeing high demand for product as an increasing percentage of workers live and work in these markets. Additionally, factors such as availability of cheap natural gas, water and labor and substantial support from the government are likely to support the market growth in this region.

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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 & forecast parameters

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 - 2025

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- 2025

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

3.8 Pricing analysis, 2013 - 2025

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

3.10.1.4 Regulations and policies supporting the demand for protection gloves

3.10.2 Industry pitfalls & challenges

3.10.2.1 Skin allergies due to latex material

3.10.2.2 Market access (tariff & non-tariff barrier)

3.11 Growth potential analysis, 2018

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, 2018

3.12.1 Global top players overview, 2018

3.12.2 Global company market share analysis, 2018

3.12.3 Europe market share analysis, 2018

3.12.3.1 Europe top players analysis, 2018

3.12.4 MEA market share analysis, 2018

3.12.4.1 MEA top players analysis, 2018

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 Industrial safety gloves market share by product, 2018 & 2025

4.2 Mechanical gloves

4.2.1 Industrial safety gloves market estimates and forecast from mechanical gloves, 2013 - 2025, (Million Units) (USD Million)

4.2.2 Industrial safety gloves market estimates & forecast from mechanical gloves, by region, 2013-2025 (Million Units) (USD Million)

4.2.3 Multi-purpose

4.2.3.1 Industrial safety gloves market estimates and forecast from multi-purpose gloves, 2013 - 2025, (Million Units) (USD Million)

4.2.3.2 Industrial safety gloves market estimates & forecast from multi-purpose gloves, by region, 2013-2025 (Million Units) (USD Million)

4.2.4 Cut protection gloves

4.2.4.1 Industrial safety gloves market estimates and forecast from cut protection gloves, 2013 - 2025, (Million Units) (USD Million)

4.2.4.2 Industrial safety gloves market estimates & forecast from cut protection gloves, by region, 2013-2025 (Million Units) (USD Million)

4.2.5 Oil repellent gloves

4.2.5.1 Industrial safety gloves market estimates and forecast from oil repellent gloves, 2013 - 2025, (Million Units) (USD Million)

4.2.5.2 Industrial safety gloves market estimates & forecast from oil repellent gloves, by region, 2013-2025 (Million Units) (USD Million)

4.2.6 Specialised gloves

4.2.6.1 Industrial safety gloves market estimates and forecast from specialised gloves, 2013 - 2025, (Million Units) (USD Million)

4.2.6.2 Industrial safety gloves market estimates & forecast from specialised gloves, by region, 2013-2025 (Million Units) (USD Million)

4.2.7 Back hand impact protection

4.2.7.1 Industrial safety gloves market estimates and forecast from back hand impact protection gloves, 2013 - 2025, (Million Units) (USD Million)

4.2.7.2 Industrial safety gloves market estimates & forecast from back hand impact protection gloves, by region, 2013-2025 (Million Units) (USD Million)

4.3 Chemical & liquid protection

4.3.1 Industrial safety gloves market estimates and forecast from chemical & liquid protection gloves, 2013 - 2025, (Million Units) (USD Million)

4.3.2 Industrial safety gloves market estimates & forecast from chemical & liquid protection gloves, by region, 2013-2025 (Million Units) (USD Million)

4.3.3 Chemical solutions

4.3.3.1 Industrial safety gloves market estimates and forecast for chemical solutions, 2013 - 2025, (Million Units) (USD Million)

4.3.3.2 Industrial safety gloves market estimates & forecast for chemical solutions, by region, 2013-2025 (Million Units) (USD Million)

4.3.4 Single use/disposable gloves

4.3.4.1 Industrial safety gloves market estimates and forecast from single use/disposable gloves, 2013 - 2025, (Million Units) (USD Million)

4.3.4.2 Industrial safety gloves market estimates & forecast from single use/disposable gloves, by region, 2013-2025 (Million Units) (USD Million)

4.4 Thermal gloves

4.4.1 Industrial safety gloves market estimates and forecast from thermal gloves, 2013 - 2025, (Million Units) (USD Million)

4.4.2 Industrial safety gloves market estimates & forecast from thermal gloves, by region, 2013-2025 (Million Units) (USD Million)

4.4.3 Arc flash gloves

4.4.3.1 Industrial safety gloves market estimates and forecast from arc flash gloves, 2013 - 2025, (Million Units) (USD Million)

4.4.3.2 Industrial safety gloves market estimates & forecast from arc flash gloves, by region, 2013-2025 (Million Units) (USD Million)

4.4.4 Other thermal gloves

4.4.4.1 Industrial safety gloves market estimates and forecast from other thermal gloves, 2013 - 2025, (Million Units) (USD Million)

4.4.4.2 Industrial safety gloves market estimates & forecast from other thermal gloves, by region, 2013-2025 (Million Units) (USD Million)

4.5 Special protection gloves

4.5.1 Industrial safety gloves market estimates and forecast from special protection gloves, 2013 - 2025, (Million Units) (USD Million)

4.5.2 Industrial safety gloves market estimates & forecast from special protection gloves, by region, 2013-2025 (Million Units) (USD Million)

Chapter 5 Industrial Safety Gloves Market, By Material

5.1 Industrial safety gloves market share by material, 2018 & 2025

5.2 Nitrile gloves

5.2.1 Industrial safety gloves market estimates and forecast from nitrile gloves, 2013 - 2025, (Million Units) (USD Million)

5.2.2 Industrial safety gloves market estimates & forecast from nitrile gloves, by region, 2013-2025 (Million Units) (USD Million)

5.3 Natural rubber gloves

5.3.1 Industrial safety gloves market estimates and forecast from natural rubber gloves, 2013 - 2025, (Million Units) (USD Million)

5.3.2 Industrial safety gloves market estimates & forecast from natural rubber gloves, by region, 2013-2025 (Million Units) (USD Million)

5.4 Vinyl gloves

5.4.1 Industrial safety gloves market estimates and forecast from vinyl gloves, 2013 - 2025, (Million Units) (USD Million)

5.4.2 Industrial safety gloves market estimates & forecast from vinyl gloves, by region, 2013-2025 (Million Units) (USD Million)

5.5 Neoprene gloves

5.5.1 Industrial safety gloves market estimates and forecast from neoprene gloves, 2013 - 2025, (Million Units) (USD Million)

5.5.2 Industrial safety gloves market estimates & forecast from neoprene gloves, by region, 2013-2025 (Million Units) (USD Million)

5.6 Polyethylene gloves

5.6.1 Industrial safety gloves market estimates and forecast from polyethylene gloves, 2013 - 2025, (Million Units) (USD Million)

5.6.2 Industrial safety gloves market estimates & forecast from polyethylene gloves, by region, 2013-2025 (Million Units) (USD Million)

5.7 Others

5.7.1 Industrial safety gloves market estimates and forecast from other materials, 2013 - 2025, (Million Units) (USD Million)

5.7.2 Industrial safety gloves market estimates & forecast from other materials, by region, 2013-2025 (Million Units) (USD Million)

Chapter 6 Industrial Safety Gloves Market, By Application

6.1 Industrial safety gloves market share by product, 2018 & 2025

6.2 Automotive

6.2.1 Industrial safety gloves market estimates and forecast for automotive applications, 2013 - 2025, (Million Units) (USD Million)

6.2.2 Industrial safety gloves market estimates & forecast for automotive applications, by region, 2013-2025 (Million Units) (USD Million)

6.3 Chemical

6.3.1 Industrial safety gloves market estimates and forecast for chemical applications, 2013 - 2025, (Million Units) (USD Million)

6.3.2 Industrial safety gloves market estimates & forecast for chemical applications, by region, 2013-2025 (Million Units) (USD Million)

6.4 Machinery & equipment

6.4.1 Industrial safety gloves market estimates and forecast for machinery & equipment applications, 2013 - 2025, (Million Units) (USD Million)

6.4.2 Industrial safety gloves market estimates & forecast for machinery & equipment applications, by region, 2013-2025 (Million Units) (USD Million)

6.5 Metal fabrication

6.5.1 Industrial safety gloves market estimates and forecast for metal fabrication applications, 2013 - 2025, (Million Units) (USD Million)

6.5.2 Industrial safety gloves market estimates & forecast for metal fabrication applications, by region, 2013-2025 (Million Units) (USD Million)

6.6 Oil & gas

6.6.1 Industrial safety gloves market estimates and forecast for oil & gas applications, 2013 - 2025, (Million Units) (USD Million)

6.6.2 Industrial safety gloves market estimates & forecast for oil & gas applications, by region, 2013-2025 (Million Units) (USD Million)

6.7 Mining

6.7.1 Industrial safety gloves market estimates and forecast for mining applications, 2013 - 2025, (Million Units) (USD Million)

6.7.2 Industrial safety gloves market estimates & forecast for mining applications, by region, 2013-2025 (Million Units) (USD Million)

Chapter 7 Industrial Safety Gloves Market, By Region

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