Press release
Knee Pad Market - Rapidly Growing Number of Vendors Creates Intense Competition for Growth
The recent trend of increased demand for neoprene knee pads among consumers across different countries is one of the key factors driving the growth of the market. Neoprene is a synthetic rubber which is made of polymerized chloroprene. This synthetic rubber offers good chemical stability and sustains its flexibility over a wide temperature range. Neoprene is a breathable material that enables easy evaporation of sweat.Request Brochure @https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18962
It offers enhanced durability and strength. Neoprene knee pads are widely used for military and tactical operations. The knee pad market is segmented by end user and by geography. Based on end user type, the knee pad market is segregated into industrial and individual consumer.
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The individual consumer end user segment dominated the knee pad market globally in terms of revenue in 2015 and this trend is expected to continue over the forecast period.The knee pad market is highly competitive with the presence of a large number of large scale and small scale, well established manufacturers and suppliers.
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Rapidly growing number of vendors creates intense competition in this market. Competition is more concentrated in developed markets such as North America and Europe. Competition in the market will intensify further with the emergence of more players.
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