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Rapid industrialization, rising government expenditure on infrastructure and manufacturing facilities will positively influence Industrial Safety Gloves market growth.
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Industrial Safety Gloves Market Report: Product Analysis, Size, Industry Share by 2023 @ 2016 Global Market Insight, Inc. USA. All Rights Reserved www.gminsights.com
Overview • Industrial Safety Gloves industry is predicted to witness a tremendous growth over the coming years owing to increasing awareness regarding workplace safety, adoption of high-tech safety equipment, and the need to reduce workplace hazards. • The requirement of a clean and safe work environment in factories, rapid development in the mining, chemical, automotive, and food processing sectors, and the basic privilege of human resource safety and protection against abrasion, diseases, and chemicals is likely to escalate industry growth. • Product-wise, industrial safety gloves are classified as reusable, which are further sub-divided into supported knitted, knitted, and dipped gloves, and disposable, which are sub-divided into disposable thin mill, cut, general purpose, and chemical gloves. @ 2016 Global Market Insight, Inc. USA. All Rights Reserved www.gminsights.com
Industrial safety gloves industry finds a multitude of applications in the construction, food processing, automotive, oil & gas, pharmaceuticals, healthcare, machinery, metal fabrication, electronic, and chemical sectors. Industrial safety gloves market size in the automotive industry is estimated to register a CAGR of 7% over 2016-2023. • In terms of material, industrial safety gloves are categorized into nitrile, natural rubber, vinyl, neoprene, and polyethylene gloves. Nitrile gloves market is expected to register a notable CAGR of more than 8% over 2016-2023, driven by its properties of excellent durability, high resilience to chemicals, and barrier protection. • Natural rubber gloves industry size recorded a revenue of more than USD 1.6 billion in 2015, and finds applications in natural rubber latex products. Europe industrial safety gloves market is likely to witness a CAGR of more than 5.5% over 2016-2023, with UK, along with France and Germany, dominating the regional landscape. • Rising concerns regarding occupational hazards, increasing adoption of safety regulations for workers, and developments in the construction sector will drive the North America industrial safety gloves industry. Restraining factors that will hamper this market include toxic reactions and currency inconsistencies. @ 2016 Global Market Insight, Inc. USA. All Rights Reserved www.gminsights.com
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360 Analysis • Global industrial safety gloves industry is distributed among six powerful participants, namely Latexx Partners, Top Gloves, Kossan, Ansell, Supermax Corporation, and Hartalega, together accounting for a market share of more 70%. • Machinery market size generated at over USD 380 million in 2015. Machinery gloves are used in equipment handling and protect against oil or grease, thermal effect and cuts & abrasions. Favorable regulations for workplace protection and consumer awareness should drive industrial safety gloves demand. • Semiconductor usage was valued at over USD 320 million in 2015. These are amorphous or crystalline solids with distinct electrical characteristics. Semiconductor industry uses cleanroom gloves to prevent fingerprints, contamination and any change in surface characteristic from particulate deposition when subject to human contact. • Automotive industrial protective gloves market share is set to witness over 7% growth up to 2023. Rapid growth in automobile industry in China, India, UK and Germany coupled with automotive manufacturing & maintenance activities may drive demand in these regions. @ 2016 Global Market Insight, Inc. USA. All Rights Reserved www.gminsights.com
Competitive Trends: • The notable industries inIndustrial Safety Glovesare • Ansell • Top • Gloves • Hartalega • Kossan • Latexx Partners • Supermax Corporation Inquire Before Buying This Report@ https://www.gminsights.com/inquiry-before-buying/771 @ 2016 Global Market Insight, Inc. USA. All Rights Reserved www.gminsights.com
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