13th December 2019 – Global Personal
Protective Gloves Market is anticipated to reach USD 15.78 billion by
2024. Personal Protective Gloves are also known as “Personal Protective
Equipment” or “Work gloves”. The factors that propel the growth of the personal
protective gloves industry include increasing number of arm injuries, hand
cuts, and abrasions in the workshop are anticipated to drive market demand in
the forecast period.
On the other hand, there are factors
that may hamper the growth of the market including concern toward green product
growth. The market is anticipated to grow at a significant CAGR in the upcoming
period as the scope, product types, and its applications are increasing across
the globe.
Personal Protective Gloves Market may be
explored by product type, application, raw material, and geography. The market
may be explored by product type as Disposable and Durable. The “Durable gloves”
segment led the Personal Protective Gloves industry in 2015 and is anticipated
to maintain its dominance by 2024 owing to growing concern toward work-related
damages coupled with the surging necessity for chemically and durable strong
defensive wear throughout high risk activities in numerous industries such as
metal forming, oil & gas, construction, and manufacturing is expected to
steer product demand over the forthcoming period.
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The key applications that could be
explored in the Personal Protective Gloves Market include Oil & Gas,
Mining, Chemical, Food & Beverage, Construction, Manufacturing, and Medical
& Healthcare, and others. The “Manufacturing” segment led the market in
2015 and is anticipated to maintain its dominance by 2024 due to numerous
primary and additional procedures involved in manufacturing business such as
grinding, welding and torch cutting may cause damages to employees, and rising
concern toward employee security is anticipated to propel gloves demand over
the forecast period.
The Personal Protective Gloves industry
could be explored based on raw materials as Nitrile, Neoprene, Natural
rubber/latex, Vinyl, Leather, Aramid fiber, and Others. The “Leather” segment
led the market in 2014 and is anticipated to maintain its dominance by 2024.
Europe accounted for the major share of the Personal Protective Gloves Market
Size in 2015 and will continue to lead in the forecast period. The factors that
could be attributed to the growth include rising demand for protective gloves
in industries such as healthcare, oil & gas, food processing, construction
and mining, is anticipated to propel product demand over the forecast period.
Europe is followed by Asia-Pacific region.
Some of the key players that fuel the
growth of the personal protective gloves industry comprise Alpha Pro Tech, 3M
Company, Honeywell, Kimberley Clark, MSA, Superior Glove Works, Delta Plus,
Uvex, Hartalega, Midas Safety, Kossan Rubber, and Top Glove. The leading
companies are taking up partnerships, mergers and acquisitions, and joint
ventures in order to boost the inorganic growth of the industry.
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