Protective Clothing Market 2021 Status and Growth Outlook - EIDuPontDeNemoursandCompany, KimberlyClarkCorporation, AnsellLimited, MCompany, HoneywellInternationalInc

Protective Clothing Market by Component, Application, Services, and Region- Forecast to 2026

The Global Protective Clothing Market Research Report 2021-2026 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Protective Clothing business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Protective Clothing worth chain and its wholesaler examination. Protective Clothing Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The Protective Clothing Market for Life Sciences Industry was valued at USD 2842 million in 2020 and expected to reach USD 4063 million by 2026 and grow at a CAGR of 6.1% over the forecast period (2021 - 2026).

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Top Leading Companies of Protective Clothing Market are EIDuPontDeNemoursandCompany, KimberlyClarkCorporation, AnsellLimited, MCompany, HoneywellInternationalInc, LakelandIndustriesInc, IrudekGroup, BerkshireCorporation, KapplerInc, TronexInternationalInc, and others.

Industry News And Updates on Protective Clothing Market-

Asia-Pacific to Witness the Highest Growth

- Asia-Pacific is emerging as one of the fastest-growing markets, aided by proactive measures taken by the regional governments of countries, like India and China, to develop local manufacturing and innovation centers.

- Jiangsu, a Chinese province, has one of the largest biopharmaceutical and medical device industries in China. Major pharma companies and CMOs such as WuXi AppTec (Shanghai, China), Siegfried Holding AG (Zofingen, Switzerland), and AstraZeneca (Cambridge, UK) have manufacturing facilities in Jiangsu.

- Asia-Pacific region offers an emerging scope for medical tourism, since people are traveling to these countries due to the increase in quality services and technological advancement in the healthcare and medical sectors. According to the Medical Tourism Association, the cost saving is 90% when a patient gets treated in a developing country, rather than his/ her home (developed) country.

Key Market Trends Protective Clothing Market-

- Since January, 3M has doubled production of N95 respirators to 1.1 billion per year at its global manufacturing facilities, including in the U.S., Asia and Europe. 3M will double its capacity again to 2 billion per year within the next 12 months. The company produced more than 1 million N95 respirators/day in the U.S. for healthcare workers (in April 2020).

- India, which was not manufacturing even a single personal protective equipment (PPE) kit, is now producing 2.06 lakh PPE kits daily within two months after the coronavirus outbreak.

- With the increasing cases of COVID-19, the requirement of personal protective equipment (PPE) has crossed the adequate supply, which results in a major shortage in some geographies. As per Mordor Intelligence analysis, shortages of PPE kits and medical supplies will exist for years without government bodies' firm strategic steps.

- Furthermore, institutions across the globe have donated a significant number of PPE products, which further helped society fight with the virus. For instance, in March 2020, the Massachusetts Institute of Technology (MIT) has donated thousands of Personal Protective Equipment (PPE) kits from across campus. To respond to the unprecedented requirement, a cross-campus team at MIT was working to solicit and gather any extra, unopened PPE products from laboratories at MIT.

Competitive Landscape On Protective Clothing Market-

April 2019 - Honeywell acquired Norcross Safety products LLC., a manufacturer of personal protective equipment (PPE) for approximately USD 1.2 billion. The acquisition is expected to provide Honeywell a complete platform in a fragmented, global segment that is expected to yield substantial growth opportunities. Investing in Norcross allows Honeywell to fully participate in the broad and highly regulated industrial safety marketplace.

- March 2019 - Ansell launched the MICROFLEX MidKnight XTRA, a nitrile exam glove tested against both fentanyl and gastric acid to simulate real-world overdose situations. The gloves are designed for first responders as well as a range of workers who may come into contact with fentanyl or its analogues during the course of their work, including corrections officers, healthcare professionals, laboratory technicians, and janitorial staff.

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