Industrial Safety Gloves Market to Witness Growth Acceleration During 2020-2025

Essentially driven by the need to enhance worker safety, industrial safety gloves market has carved an unprecedented stance in the realm of safety equipment in recent times. The ergonomic design trends alongside strong safety features would allow the growth map of worldwide industrial safety gloves industry to witness a marked ascent during 2019-2025.

According to the statistics rolled out by the US Department of Labor and Bureau of Labor Statistics in 2016, approximately 2.9 million industrial injuries and fatalities have been registered owing to the absence of protective gears and equipment that workers need to be equipped with.

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Considering the application spectrum, the automotive sector is said to flourish at a prodigious pace of 7 per cent over 2019-2025. Apparently, the sector was valued at USD 1.5 billion in 2017 due to rapid expansion of automotive industries across various regions.

The widespread demand from the automotive sector is likely to forge new growth avenues for industrial safety gloves industry. Some gloves are suitably designed with high cut and abrasion resistance and are likely to find massive application in the automotive domain, since such gloves offer a superior grip in both dry and oily environments.

The emerging countries across the world are observing myriad developments in terms of the infrastructural and industrial landscapes. This has prompted machinery industry contenders to adopt precautionary measures for the proper health of the workers which would eventually boost the demand for mechanical products. The mechanical product segment of industrial safety gloves market may perform exceptionally well over the forecast years. This is aptly credited to the exceptional cut resistance, strong grip, and high abrasion resistance properties of the product.

Strong application in the mining and automotive sectors is expected to boost the segmental outlook. As per estimates, the mechanical industrial safety gloves market size is anticipated to depict a CAGR of 7.5 per cent through 2025.

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Speaking of the materials for the production of safety gloves, it is prudent to mention that nitrile gloves are likely to gain momentum in the ensuing years. Estimates claim that the nitrile gloves segment which is projected to grow at a rate of 6.6 per cent through 2025. This growth is ascribed to the inordinate resistance to chemicals, abrasion, high sensitivity dexterity and resistance to puncture.

Moreover, proliferating necessity to uphold hygienic conditions in industrial environments would boost the market size during the upcoming years.

A market report by Global Market Insights, Inc., reveals that the global industrial safety gloves industry size is targeted to foresee an overall valuation of USD 8 billion by 2025 in terms of revenue.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.