The global industrial protective clothing market is expected to reach USD 13.30 billion by 2022, according to a new report by Grand View Research, Inc. Rising concern towards worker’s health and safety across a wide host of end-use industries including chemical, oil & gas and manufacturing is expected to remain a key driving factor for global industrial protective clothing market over next seven years. Favorable regulatory scenario to minimize occupational hazards across various regional markets is also expected to have a positive influence on the growth. Increasing construction spending in Asia Pacific and Middle East is anticipated to fuel the industrial protective clothing demand. High price of key raw materials such as aramid and carbon fiber is expected to remain a key challenge for market participants.
Durable protective
clothing was the largest product segment with demand share exceeding 55% in
2014. The segment is also expected to witness the fastest growth over the
forecast period. High cost of durable products along with increasing safety
concerns in low hazard potential work environments has led to emergence of
disposable protective apparels.
Browse full report by Grand View
Research :
Further key findings from the report suggest:
·
Global
industrial protective clothing market demand was 2,743.7 million square meters
in 2014 and is expected to reach 6,435.2 million square meters by 2022, growing
at a CAGR of 11.5% from 2015 to 2022.
·
Chemical
defending garments was the largest application segment and accounted for over
30% of total market volume in 2014. Increasing safety regulations regarding
worker safety coupled with growth of global chemical industry is expected to
drive this segment over the forecast period.
·
Flame
retardant clothing is anticipated to witness high growth of over 14% in next
seven years. Increasing fatalities in chemical industry and focus towards work
place safety is anticipated to drive this segment over the forecast period.
·
North
America emerged as the leading consumer and accounted for over 40% of total
volume share in 2014. Favorable OSHA regulations particularly in the U.S. are
anticipated to drive the regional growth.
·
Asia
Pacific industrial protective clothing industry is anticipated to grow at a
CAGR of over 15% from 2015 to 2022. Rapid industrialization in emerging markets
of China, India, Thailand and Indonesia is expected to drive regional industry
growth.
·
Major
players operating in global market include W. L. Gore & Associates,
Microgard, Honeywell International, Lakeland Industries, Kimberly Clark
Corporation and PBI Performance Products.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/smart-textiles
Grand View Research has
segmented the industrial protective clothing on the basis of product,
application and region:
Global
Industrial Protective Clothing Product Outlook (Volume, Million Square Meters;
Revenue, USD Million, 2012 - 2022)
·
Durable
·
Disposable
Global
Industrial Protective Clothing Application Outlook (Volume, Million Square
Meters; Revenue, USD Million, 2012 - 2022)
·
Flame
retardant apparels
·
Chemical
defending garments
o
Radiation
protection
o
Particulate
matter
o
Clean
room clothing
o
Mechanical
Protective clothing
o
Limited
General-Use clothing
o
Others
Global
Industrial Protective Clothing Regional Outlook (Volume, Million Square Meters;
Revenue, USD Million, 2012 - 2022)
·
North
America
o
U.S.
o
Canada
·
Europe
o
Germany
o
UK
o
Russia
·
Asia
Pacific
o
China
o
India
o
South
Korea
·
Central
& South America
·
Middle
East & Africa
Access
press release by Grand View Research:
About
Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
No comments:
Post a Comment