January 06, 2020
As per the latest study titled ‘Industrial Safety Gloves Market Size By Product (Mechanical [Multi-Purpose, Cut Protection, Oil Repellent, Specialized, Back Hand Impact Protection], Chemical & Liquid Protection [Chemical Solutions, Single Use/Disposable], Thermal [Arc Flash], Special Protection), By Material (Nitrile Gloves, Natural Rubber Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves), By Application (Automotive, Chemical, Machinery, Metal Fabrication, Oil & Gas, Mining), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Poland, Spain, Norway, Sweden, Denmark, Slovakia, Czech Republic, Turkey, China, India, Japan, South Korea, Indonesia, Malaysia, Thailand, Australia & New Zealand, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa, Egypt, Morocco, Algeria), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025’ available at MarketStudyReport.com, the global industrial safety gloves market is projected to gain substantial growth by the year 2025.
According to the report, increasing accidents across various industries are encouraging the adoption of industrial safety gloves on global scale. Rising hand and wrist injuries caused by unsafe working environment and lack of awareness regarding the use of protective equipment incur the loss of production time and medical expenses & compensation for industrialists. The need for reducing these losses and enhancing worker safety are fueling the demand for industrial safety gloves, hence propelling the market growth.
Various organizations, such as ANSI and European Union, are upgrading the protection and testing standards to meet the ergonomic design requirements and to standardize product features. This factor, coupled with strict regulatory norms regarding the safety of workers from cuts, electric, mechanical, and thermal hazards, will stimulate the growth of industrial safety gloves market over the projected timeline.
Speaking of the product type, liquid & chemical protection industrial gloves market segment is expected to surpass a growth rate of 7% during 2019-2025, as they are used for protection against acids and fluids in tasks related to oil rig & platform, oil haulers, and oil pipelines. These gloves are oil & water resistant, impact resistant, and provide improved grip in cold weather.
Considering the material type, natural rubber based industrial safety gloves market is presumed to grow with a CAGR of 6.5% through the year 2025. The product has a broad application spectrum encompassing fabrication, processing & recycling, metal stamping, HVAC, aerospace, manufacturing, and glass & window as it provides protection against liquids and chemicals.
Request sample copy of this Report@ https://www.marketstudyreport.com/request-a-sample/467578/
Elaborating on the application spectrum, industrial safety gloves market from oil & gas segment is anticipated to expand with 6.3% CAGR over the forecast period, owing to the rising focus of manufacturers to improve safety standards to reduce hand injury. Moreover, increasing adoption of back hand protection and flash protection gloves will further boost the segmental share.
As per geographical landscape, Asia Pacific industrial safety gloves market will hold 15% share by the year 2025, cites the report. The regional market is gaining traction due to rapid industrialization and rising number workers across the nations like Japan, China, and India.
Hartalega Holdings Berhad, Arco Limited, Atlas Safety Products, Ejendals AB, Ansell Limited, Blaklader B.V., and Honeywell International, Inc. are some of the key players operating in industrial safety gloves market.
Frequently Asked Questions (FAQ) :