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Industrial Gloves Market: is poised to generate revenue of $9,774.5 million by 2020 with high demand in Gloves Market

Saturday, October 29, 2016 6:49
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Summary:

Industrial gloves are used as a personal protective equipment in various industries such as automotive, food and healthcare, to ensure worker’s safety and maintain sanitary conditions at work places. These gloves help to avoid cross contamination and exposure to particulate matter during the manufacturing process across various industries. The industrial gloves can be disposable as well as reusable based on the requirement of specific work environment.

Check Complete Report @ http://www.marketintelreports.com/report/allied0200/world-industrial-gloves-market–opportunities-and-forecasts-2014–2020

Topics Covered in this report:

Scope and Regional Forecast of the Industrial Gloves Market:

The reusable gloves are generally thicker and are used in harsher work environment whereas the disposable gloves are usually used in product protection and milder work environment. The threat of injury to the hands of workers, arising due to the harsh work environment and risk of product contamination has created an impending need for industrial gloves. Industrial gloves including reusable and disposable gloves have addressed this need as they offer hand protection and product protection respectively.

Industrial gloves market, in terms of revenue, was evaluated at $4,912.9 million in 2014 and is estimated to garner $9,774.5 million by 2020 growing at a CAGR of 12.8% over the forecast period. The increasing awareness about work safety, increasing variety of threats to the personnel, rapidly growing food processing industry and rising demand for high dexterity gloves, are some of the key factors that drive the growth of the world industrial gloves market during the analysis period. In addition, the outbreak of various epidemics such as swine flu, ebola among others resulting in increased use of gloves in product protection applications is significantly fostering the demand in the industrial gloves market.

Factors restraining the market growth are unstable raw material prices and the use of robotics in manufacturing. The introduction of new glove designs with better grip and convenience are likely to offer better growth prospects in future. Moreover, rapid industrialization and improving healthcare reforms in Asia Pacific region would also provide a boost to the growth of industrial gloves market. The key strategy adopted by leading market players is product launch.

The need of efficient gloves with better grip and convenience are the prime reasons attributing to consistent product launches. For instance, in 2015, Ansell launched ultra-light cut-resistant Hyflex gloves which are light in weight and Showa launched a chemical resistant glove named ‘Showa 379 gauntlet’ which is highly flexible.

To provide a detailed market assessment, the report segments the world industrial gloves market based on usability and geography. Based on the usability, the market is segmented into disposable and reusable industrial gloves. The disposable industrial gloves are further segmented based on materials and end users. Based on the material type, the industrial disposable gloves market is segmented into natural rubber gloves, nitrile gloves, vinyl gloves, neoprene gloves, polyethylene gloves and others. Based on the end users, the industrial disposable gloves market is segmented into aerospace, disk drives, flat panels, food, hospitals, medical devices, pharmaceuticals, semiconductors and other industries.

The reusable industrial gloves are further classified based on the application, protection type and glove type. Based on application, the reusable industrial gloves market is segmented into machinery, oil & gas, metal fabrication, automotive, chemical, construction, plane manufacturing, food processing, office building cleaners, healthcare and others. Based on protection type, the reusable industrial gloves market is segmented into general purpose/ mechanical protection, chemical/ liquid protection and product protection. Based on glove type, the reusable industrial gloves market is segmented into dipped gloves, knitted gloves, supported knitted gloves and others.

KEY MARKET BENEFITS:

The report provides a comprehensive analysis of the current market estimations through 2014-2020 in terms of value as well as volume, which would enable the stakeholders to capitalize on prevailing market opportunities Extensive analysis of the world industrial gloves market by usability helps in understanding the disposable and reusable industrial gloves distinctly that are currently used along with the variants that would gain prominence in future Competitive intelligence highlights the business practices followed by leading market players across various geographies Comprehensive analysis of factors that drive and restrict the growth of the world industrial gloves market is provided. The world industrial gloves market scenario is comprehensively analyzed in accordance to the key regions.

KEY MARKET SEGMENTS:

World industrial gloves market is segmented based on its usability and geography:

MARKET BY USABILITY: Disposable Gloves.

Market by Material: Natural Rubber Gloves, Nitrile Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves and Others.

Market by End User: Aerospace Disk Drives, Flat Panels, Food, Hospitals, Medical Devices, Pharmaceuticals, Semiconductors and Other industries Reusable Gloves.

Market by Application: Machinery, Oil & Gas, Metal Fabrication, Automotive, Chemical, Construction, Plane Manufacturing, Food Processing Office Building Cleaners, Healthcare and Others.

Market by Protection Type: General purpose/ Mechanical protection Chemical/ Liquid Protection Product Protection.

Market by Glove Type: Dipped Gloves, Knitted Gloves, Supported Knitted Gloves, and Others.

MARKET BY GEOGRAPHY: North America, Europe, Asia-Pacific, LAMEA.

Avail more information from Sample Brochure of report @ http://www.marketintelreports.com/pdfdownload.php?id=allied0200

The key companies profiled in this report:

  • Honeywell International Inc.,
  • SHOWA, Inc.,
  • Ansell Healthcare
  • Shamrock Manufacturing Company Inc.,
  • Towa Corporation
  • Semperit AG Holding

The report covers a geographic breakdown and a detailed analysis of each of the aforesaid segments across North America, Europe, Asia Pacific and LAMEA regions.

Order a copy of World Industrial Gloves Market 2014 – 2020 Research Report@ http://www.marketintelreports.com/purchase.php?id=allied0200

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