Protective Gloves Market by Material, Type, Application, End-Use Industry - Global Forecast to 2022
NEW YORK, Aug. 7, 2017 /PRNewswire/ -- The global protective gloves market is projected to grow at a CAGR of 6.4% from 2017 to 2022
The global protective gloves market is projected to reach USD 11.26 billion by 2022, at a CAGR of 6.4% from 2017 to 2022. Increasing awareness about industrial safety and hygiene at workplaces and the growing demand for disposable healthcare gloves are expected to drive the protective gloves market during the forecast period. However, concerns related to skin allergies and increasing automation in end-use industries are expected to affect the sales of protective gloves.
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The latex segment is the largest material segment of the global protective gloves market
Based on material, the latex segment accounted for the largest share of the global protective gloves market in 2016. This large share is mainly attributed to the increased use of biodegradable and low-priced rubber gloves in healthcare, food & beverage, manufacturing, construction, transportation, and oil & gas industries.
The re-usable segment is the largest type segment of the global protective gloves market
Based on type, the re-usable segment is projected to lead the market between 2017 and 2022. This segment's growth is mainly driven by the need for protection against dangerous chemicals, fluids, sharp edges, electrical & thermal insulation, abrasion, cold, and radiation.
The chemical segment is the largest application segment of the global protective gloves market
Based on application, the chemical segment is projected to lead the market between 2017 and 2022. Chemical protective gloves are used to provide protection against organic acids, inorganic acids, alkalis, salt solutions, aromatic hydrocarbons, alcohol, amines, and other miscellaneous chemicals.
Healthcare is the largest end-use industry segment of the global protective gloves market
Based on end-use industry, the healthcare segment is projected to lead the market between 2017 and 2022. Protective gloves are used in the healthcare industry to provide protection against biological hazards, such as bacteria, blood or body fluid contamination, and radiation. The high demand for disposable protective gloves in this end-use industry is expected to drive the market of protective gloves between 2017 and 2022.
North America to be the largest protective gloves market during the forecast period
The North American region is expected to lead the global protective gloves market between 2017 and 2022. The US is the key consumer of protective gloves in North America. Huge investments by governments and private companies to follow the PPE standards at workplaces increase the demand for protective gloves in North America.
Breakdown of profiles of primary interviews for the report
-- By Company Type: Tier 1 - 45%, Tier 2 -22%, and Tier 3 - 33%
-- By Designation: C Level - 50%, Director Level - 10%, and Others - 40%
-- By Region: Europe - 29%, North America - 21%, Asia Pacific - 29%, Middle East & Africa- 14%, South America- 7%
Some of the key companies profiled in this report are Ansell Limited (US), Top Glove Corporation Berhad (Malaysia), Honeywell International Inc. (US), Supermax Corporation Berhad (Malaysia), 3M Company (US), Hartalega Holdings Berhad (Malaysia), W.W. Grainger, Inc. (US), Kimberly-Clark Corporation (US), and Protective Industrial Products, Inc. (US), among others.
Study Coverage
The global protective gloves market has been segmented on the basis of material, type, application, end-use industry, and region. Based on material, the global protective gloves market has been segmented into latex, nitrile, neoprene, leather, vinyl, and others. Based on type, the market has been segmented into re-usable and disposable. Based on application, the market has been segmented into chemical, mechanical, biological, thermal, and others. Based on end-use industry, the market has been segmented into healthcare, manufacturing, food & beverage, oil & gas, construction, transportation, and others. Based on region, the market has been segmented into Asia Pacific, Europe, North America, South America, and the Middle East & Africa.
Key Benefits
-- Market segmentation based on material, type, application, end-use industry, and region
-- Market dynamics including drivers, restraints, opportunities, and challenges
-- Porter's Five Forces Analysis
-- Profile of key players in the global protective gloves market
Read the full report: http://www.reportlinker.com/p05044771/Protective-Gloves-Market-by-Material-Type-Application-End-Use-Industry-Global-Forecast-to.html
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