Press release
Global Industrial Gloves Market is Expected to Grow at a CAGR of 10.5% by 2027
The Global Industrial Gloves Market size will reach USD 15.1 billion by 2027 from USD 7.2 billion in 2020. It will exhibit a 10.5% CAGR during the forecast period. The global industrial gloves is anticipated to grow at a significant pace during the forecast period owing to rising adoption of workplace safety measures, increased R&D activities related to task-specific safety equipment, increased demand for superior performance and comfort, and surge in growth from the healthcare and food processing industries will accelerate the growth of the global industrial gloves industry.Chemical reactions, abrasion, and corrosion are all resistant to industrial gloves and they can survive both low and high temperatures. Furthermore, these gloves can be customised for handling electrical equipment. The type of glove required is determined by the environment, time frame, and type of hazardous pollutants encountered throughout the production process.
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The COVID-19 epidemic triggered price fluctuations in the raw materials used to make industrial gloves. Due to low demand from numerous industries such as construction and manufacturing, global consumption of industrial gloves has decreased. The industrial gloves market's growth was hampered by lower demand from various industries as a result of the COVID-19 pandemic. The emergence of COVID-19, on the other hand, increased demand for personal protective equipment (PPE), such as gloves, in the healthcare profession. Furthermore, the hazards of germ and blood-borne pathogen transmission on the job are predicted to drive up demand for disposable gloves in medical and healthcare facilities.
Global Industrial Gloves Market Segment Analysis
This section of the report provides a comprehensive analysis of segments and sub-segments and offers insight into the leading segment and anticipates segments having the fastest growth.
The Global Industrial Gloves Market is segregated based on:
By Product Type
• Disposable Industrial Gloves
• Reusable Industrial Gloves
By Material Type
• Natural Rubber
• Nitrile
• Vinyl
• Neoprene
• Polyethylene
• Others
By End-User
• Food
• Chemicals
• Manufacturing
• Healthcare
• Pharmaceuticals
• Others
Browse full report: https://www.vynzresearch.com/chemicals-materials/industrial-gloves-market
Competitor Landscape
Key advancements in the Global Industrial Gloves industry, as well as organic and inorganic growth approaches, are covered in the research. A number of companies are prioritising new launches, product approvals, and other organic growth tactics such as patents and events. Inorganic growth strategies in the market included acquisitions, partnerships, and collaborations. These efforts have paved the road for industry players to expand their business and client base. The industry players in the inspection management software market are expected to benefit from attractive growth prospects in the future. A list of a few businesses involved in the Global Industrial Gloves Market are provided below:
• ANSELL LTD.
• Top Glove Corporation Bhd
• 3M
• Honeywell International Inc
• Kossan Rubber Industries Bhd
• Hartalega Holdings
• Careplus Group Berhad
• Supermax Corporation Berhad
• Semperit AG Holding
• Riverstone Holdings Limited
FAQ
• What are some of the key and distinguishing competencies of entrants and established firms in the industry we're looking at?
• Name some of the prominent industry players in the Report?
• What is the current market and market volume of the Global Industrial Gloves Market?
• What are the segments defined in the report?
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About VynZ Research:
VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. VynZ Research has a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies.
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