Press release
Industrial Safety Gloves Market Industry outlook by Material, Product & Applications, by 2017 to 2024
Industrial Safety Gloves Market size is expected to reach USD 6.7 billion by 2023. These are used to ensure worker security and clean conditions in the working environment and protect against heat, cold, harm by erosion, abrasion, diseases and chemicals. Increase in demand from end use industries such as automotive, oil & gas, mining, food processing, chemical and aviation industry should fuel global industrial safety gloves market size.
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In addition, to protect worker’s hand and arm in workplace, rising safety awareness coupled with reducing fatalities should drive industrial safety gloves demand. However, unstable raw material costs, currency fluctuations along with toxic side effects due to gloves usage may hamper industrial gloves market growth in coming years.
China, India, Japan, Thailand, Malaysia and the U.S. are the major regional industry avenues, while robust growth is projected for South Africa, Brazil, UK and Mexico. Stringent material regulations coupled with favorable initiatives to promote sustainable products may propel industry growth.
U.S. industrial safety gloves market size may generate over USD 2.5 billion by 2023. Favorable regulation along with rapid growth in automobile industry should favor industry growth. Growing government spending on healthcare and old age nursing homes will increase product demand. Shale gas exploration in the U.S. will drive product demand for oil & gas application.
Natural rubber gloves market may generate over 6.2% growth. Handling chemicals and sharp tools may drive industry growth in automotive and construction sectors. These are used in medical & dental, food processing, automotive and manufacturing industries.
Supported knitted products may surpass USD 2.1 billion by 2023. It is widely used in construction, automotive, warehousing and timber handling on account of its broad spectrum of mechanical, thermal or chemical resistance and wet, oily or dry grip.
Semiconductor industry may generate over 6.5% growth. Rising particle contamination and change in surface characteristics from particulate deposition may drive market growth. Cut-resistant gloves usage may fuel semiconductor industry.
Vinyl gloves in UK, Italy, France, Russia and Germany were valued at over 235 million in 2015. It finds application in food service, plumbing, agriculture, janitorial, medical, dental and paint industries. It has good resistance properties against bases, greases and acids.
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Cut gloves in India, China, South Korea and Japan market, may grow much at 7%. Technological advancements coupled with increasing use of high performance polymer material which provides medium level safety along with high comfort levels may drive market growth.
Machinery applications in the U.S. and Canada was over USD 150 million in 2015. Machinery gloves are highly durable and work effectively in machinery manufacturing, handling and maintenance which may drive product demand.
The Industrial Safety Gloves Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Industrial Safety Gloves Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2012 - 2023
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
4. Industrial Safety Gloves Market Product Insights
5. Industrial Safety Gloves Market Application Insights
6. Industrial Safety Gloves Market Regional Insights
7. Competitor Profiles
Aerospace market size may witness gains at over 6.5% CAGR. Aerospace gloves are designed for touch sensitivity, non-abrasive applications and clean-room environment characteristics.
Mexico and Brazil industrial safety gloves market share generated at over 240 million units in 2015. Strong industrial development and growing awareness for safety & well-being in industries and implementation regulations are will stimulate regional growth.
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Dipped gloves market may witness over 7% growth. They are typically used in light assembly and general maintenance type situations.
The need of efficient gloves with better grasp and comfort are the prime reasons crediting to steady product launches. Major players include Top Gloves, Ansell, Kossan, Supermax Corporation, Hartalega and Latexx. Other prominent participants include Honeywell International, Acme Safety, MCR Safety, Towa Corporation, Rubberex, RFB, Riverstone Holdings, Showa, Dipped Products and Longcane Industries.
About Global Market Insights, Inc.:
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.
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Global Market Insights, Inc.
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