Protective Clothing Market Share Will Take a Big Hit in the Coming Years


Posted July 2, 2020 by armaan007

Protective Clothing Market expected to be valued at USD 11.9 Billion by 2024, at a CAGR of 6.3%, during 2019–2024

 
[170 Pages Report] The Protective Clothing Market size is projected to reach USD 11.9 billion by 2024 from USD 8.8 billion in 2019, at a CAGR of 6.3%. Government initiatives regarding the safety of personnel in developed economies are expected to support the protective clothing market.

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PBI is expected to be the fastest-growing segment of the overall protective clothing market during the forecast period.

On the basis of material type, the protective clothing market has been segmented into aramid & blends, PBI, polyamide, cotton fibers, polyolefin & blends, laminated polyesters, UHMW PE, and others. The PBI segment is estimated to register the highest CAGR in terms of value, of the global protective clothing market. The use of PBI in producing protective clothing has increased, as it reduces the overall cost of the clothing and blends easily with other fibers. Protective clothing made from PBI has applications in the automotive, aerospace, firefighting, oil & gas, military, and other industries.

The manufacturing segment is projected to be the largest end-use industry of protective clothing during the forecast period.

The manufacturing segment is projected to dominate the protective clothing market during the forecast period. Governments of various countries have introduced safety regulations for the manufacturing industry. These regulatory policies include the use of safety equipment to reduce accidents and uncertainties in the industry.

https://www.prnewswire.com/news-releases/protective-clothing-market-worth-11-9-billion-by-2024--exclusive-report-by-marketsandmarkets-300856459.html

North America is expected to account for the largest share of the protective clothing market during the forecast period.

North America is expected to account for the largest market share in protective clothing during the forecast period, in terms of value. The regulations in the region mandate the use of durable and high-performance clothing that can protect the wearer from various threats. The rising awareness among medical professionals regarding healthy medical practices is increasing the demand for protective clothing in the healthcare/medical industry.

Key Market Players

The key market players profiled in the report include as Ansell Limited (US), E.I. du Pont de Nemours and Company (US), 3M Company (US), Sioen Industries (Belgium), Kimberly Clark Corp (US), and Lakeland Industries, Inc. (US), and Teijin Limited (Japan).

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