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North America Protective Clothing Market Emerging Trends, Business Opportunities, Segmentation, Opportunity Analysis With Covid-19 Pandemic Study 2020

10-02-2020 06:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

North America Protective Clothing Market

North America Protective Clothing Market

Rise in investments in R&D activities and increase in demand from end-user industries drive the growth of the North America protective clothing market. However, high initial costs hinder the market growth. Contrarily, surge in demand for phase change materials and multifunctional clothing creates new opportunities in the coming years.

According to the report published by Allied Market Research, the North America protective clothing market generated $2.9 billion in 2019, and is expected to reach $3.8 billion by 2027, witnessing a CAGR of 5.4% from 2020 to 2027. The report provides a detailed analysis of changing market trends, market projections, key investment pockets, top winning strategies, major segments, value chain, and competitive scenario.

Download Sample Report with Detailed COVID-19 Impact Analysis @ https://www.alliedmarketresearch.com/request-sample/7333

Covid-19 Scenario:
• Major end-use industries such as construction, oil & gas, and manufacturing have been affected severely during the Covid-19 pandemic as operations have been halted. This resulted in decrease in demand for protective clothing.
• However, there have been hindrances in manufacturing activities of such apparel due to limited raw material supply, disruptions in distribution, and ban on import and export activities.
• There has been a sudden increase in demand for protecting apparel such as masks, gowns, gloves, and others to ensure safety and prevent contamination.

The research offers a detailed segmentation of the North America protective clothing market based on material type, application, end-use industry, and country.

Based on material type, the aramid & blends segment accounted for nearly one-third of the total share in 2019, and is expected to continue its leadership status in terms of revenue during the forecast period. However, the polybenzimidaloe (PBI) segment is expected to register the largest CAGR of 6.5% from 2020 to 2027.

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Based on application, the thermal segment accounted for the highest market share with more than one-third of the total market share in 2019, and is estimated to maintain its lead position throughout the forecast period. However, the biological/radiation segment is expected to portray the fastest CAGR of 6.2% from 2020 to 2027.

Based on country, the U.S. contributed to the highest market share with more than four-fifths of the total revenue in 2019, and is projected to maintain its highest contribution by 2027. Moreover, this country is expected to manifest the fastest CAGR of 5.6% from 2020 to 2027. The research also analyzes countries including Mexico and Canada.

Leading players of the North America protective clothing market include Ansell Limited, Glen Raven Inc., DuPont, Koninklijke Ten Cate NV, Kimberly Clark Corp, Teijin Ltd., Lakeland Industries, Inc., W.L. Gore & Associates, VF Corporation, and 3M Company.

Obtain Report Details: https://www.alliedmarketresearch.com/north-america-protective-clothing-market-A06968

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About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

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