Personal Protective Gloves Market Projected To Reach $15.78 Billion By 2024: Grand View Research, Inc.
The global personal
protective gloves market is expected to reach USD 15.78 billion by 2024,
according to a new report by Grand View Research, Inc. Stringent health and
hygiene regulations in various consumable producing industries such as medical
and food & beverage sectors are anticipated to drive protective gloves
demand over the forecast period.
Rising number of hand cuts, arm injuries, and
abrasions in the workplace are expected to fuel market demand in future. Costs
associated with rising loss time injuries has urged employers of various
end-use industries such as chemical, manufacturing, and mining industries to
necessitate the usage of gloves in their operating facilities.
Chemical handling dominated and accounted for over 30%
of total market revenue in 2015. This segment is also expected to be the
fastest growing product from 2016 to 2024. Chemical resistant gloves have
gained significance among workplace operations that are involved in handling
chemicals such as hydrochloric acid, ammonium hydroxide, esters, alcohols, and
amines.
Aforementioned factors coupled with its enhanced
resilience to abrasion and chemicals are expected to drive nitrile glove demand
over the next eight years. This product segment is expected to emerge as the
fastest growing category and is expected to be a net worth of USD 1,740 million
by 2024.
Access
Full Research Report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/personal-protective-gloves-market
Further
key findings from the study suggest:
- Disposable gloves are anticipated to emerge as
the fastest growing product segment and to be net worth of USD 6,934.5
million by 2024.
- Mechanical gloves are expected to emerge as
fastest growing product segment in the durable category with a CAGR of 6.6%
over the next eight years.
- Leather material dominated the global protective
gloves market and accounted for 24.8% of global market share in 2015.
- Europe emerged as the leading regional market and
was valued at USD 2,946.4 million in 2015. Stringent workplace regulations
in the region have contributed towards its high penetration.
- Asia Pacific is anticipated to emerge as fastest
growing protective gloves market with a CAGR of 7.3% over the next eight
years.
- Major players operating in the industry include
3M Company, Alpha Pro Tech, Honeywell, MSA, Kimberley Clark, Delta Plus,
Superior Glove Works, Uvex, Midas Safety, Hartalega, Top Glove, and Kossan
Rubber.
Browse more reports of this category
by Grand View Research:
http://www.grandviewresearch.com/industry/smart-textiles
Grand View Research has segmented the personal
protective gloves market on the basis of product, material, and end-use:
Global Personal Protective
Gloves Product Outlook (Revenue, USD Million, 2014 - 2024)
- Disposable
- By product
o
General purpose
o
Chemical
handling
o
Sterile
o
Surgical
o
Others
Durable
By product
o
Mechanical
o
By product
o
Cut resistant
o
Multi task
o
Oil repellant
o
Others
o
Chemical handling
o
Thermal/flame
retardant
o
Others
Global Personal Protective
Gloves Raw Material Outlook (Revenue, USD Million, 2014 - 2024)
- Natural rubber/latex
- Nitrile
- Neoprene
- Vinyl
- Aramid fiber
- Leather
- Others
Global Personal Protective
Gloves End-Use Outlook (Revenue, USD Million, 2014 - 2024)
- Medical and Healthcare
- Food and Beverage
- Chemical
- Manufacturing
- Construction
- Oil and gas
- Mining
- Others
Global Personal Protective
Gloves Regional Outlook (Revenue, USD Million, 2014 - 2024)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Middle East
- Saudi Arabia
- UAE
- Africa
- Central & South America
- Brazil
Access press release by Grand View
Research: http://www.grandviewresearch.com/press-release/global-personal-protective-gloves-market
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.
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