Global Protective clothing market research information: material (Aramid & Blends, Polyolefin & Blends, Polyamide), application (Thermal, chemical, Mechanical) end-user industry (Oil & Gas, Mining, Construction, Medical, and Others) – Forecast till 2023
Protective Clothing Market Highlights:
The global protective clothing is a lucrative market and is expected to grow at a considerable CAGR. Protective clothing is worn to shield oneself from the adverse effects of chemicals, thermal, mechanical and other hazards. The growing implementations of strict safety regulations throughout the glove coupled with the increasing workplace hazards are expected to drive the market during the forecast period. Moreover, practices such as total quality management (TQM) and safety standards mainly in U.S. and Europe are expected to further surge the growth of the market.
Among the various material segments in the protective clothing market, the PBI (Polybenzimidazole) material is anticipated to be the largest segment and is expected to continue its dominance over the forecast period. The advantages of PBI such as high chemical and thermal stability is the major factor driving the growth of the segment. Polybenzimidazole is often blended with aramid to enhance its fire protection efficiency. Among the end-use industries, building and construction is the dominant segment, and healthcare & medical is expected to be the fastest growing segment. The growing construction activities throughout the globe is the major factor driving the growth of this segment. On the basis of the application, the thermal segment is expected to be the largest segment during the forecast years. Thermal protective coatings are used in various industries such as metal, welding, ceramics, and other manufacturing industries.
Receive a Sample Copy of this Report @ https://www.marketresearchfuture.com/sample_request/5425
The launch of new fibers coupled with the combination of attractiveness and safety in protective clothing market is anticipated to be a major opportunity for market growth. Protective clothing is extensively used in various ends use industries such as oil and gas, mining, building and construction, healthcare, firefighting, and military and defense among others. However, the high cost of raw materials coupled with the growing threat of substitution is anticipated to a major downside to the growth of the market.
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Major Key Players:
Some of the prominent players operating in the global protective clothing market are 3M Company (U.S.), Ansell Limited (Australia), Asatex AG (Germany), Australian Defense Apparel (Australia), Bennett Safetywear Ltd (U.K), Bulwark Protective Apparel (U.S.), DuPont (U.S.), Globe Manufacturing Co. LLC (U.S.), Honeywell International Inc. (U.S.), and Kimberly Clark Corp. (U.S.) among others.
The global protective clothing market is segmented into the material, application, and end-user. On the basis of the material, the market is segregated into aramid & blends, polyolefin & blends, polyamide, PBI, cotton fibers, laminated polyesters, and others. The market by application is categorized into thermal, chemical, mechanical, visibility and others. The market by end use industry is further segregated into oil & gas, construction & manufacturing, healthcare/medical, mining, military, and others.
The protective clothing market is segmented into five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major share of the market and is expected to be the fastest growing region with an encouraging CAGR. Growing urbanization and the globalization in the developing nations are primarily driving the growth of the protective clothing market. Moreover, the burgeoning construction and the oil and gas industry in countries, such as India and China, is increasing the demand for protective clothing which, in turn, is propelling the market growth. According to the Indian Brand Equity Foundation, the Indian infrastructure witnessed 33 deals in 2016-2017 involving USD 3.49 billion with an increase of 0.5 billion from the previous year.
In addition to this, the demand from the oil and gas industry mainly in China, India, another factor positively affecting the market growth. The growing population has augmented the demand for energy in the region which resulted in the surge in oil and gas activities, hence increasing demand for protective clothing in the region.
North America is another dominant region in the global market, exhibiting an expanding CAGR. The presence strict government regulation relating to the safe working environment is driving the market growth. Furthermore, the newly elected government has brought about the new wave of investments in the construction and renovation of the infrastructure mainly in the U.S. and Canada which is further expected to boost the market growth. Moreover, the high adoption rate coupled with the developed end-use industries such as healthcare and firefighting among others are expected to substantially add to the growth of the market.
The European region is a lucrative market and is mainly driven by the developed healthcare and firefighting industry. Moreover, the growing stringent EU regulations regarding the industrial hazards has fuelled the use of protective clothing market in the region. Moreover, the growing use in the construction industry is other factors adding to the market growth. Furthermore, the recent terrorism in the region has resulted in the increased investment in the defense budget which is further expected to surge the market growth of protective clothing.
Complete Report Details @ https://www.marketresearchfuture.com/reports/protective-clothing-market-5425
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Application Industry
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar