Industrial Gloves Market - Size, Share, and Industry Forecast till 2025


Posted May 18, 2019 by Pallavicoh

Industrial Gloves Market report categorizes global market by Type, Material, End Use Industries, and Geography - Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 2025

 
Industrial gloves are used to assure the safety of employees and to maintain safe working conditions at the work place. Industrial gloves are made up of both synthetic and natural raw materials. They are resistant to chemical reactions, abrasion and corrosion, and can withstand low and high temperature conditions. Additionally, these gloves can be specially contrived for handling electrical equipment. The type of glove depends on the environment, time period involved, and type of hazardous contaminants involved in the manufacturing process. For example gloves resistant to chemical environments have altered properties and configurations than their heat resistant counterparts. According to the Health and Safety Executive (HSE) of UK data studied from the Labour Force survey in 2016, approximately 10,000 workers were injured due to workplace injuries. According to the study, agriculture, forestry, and fishing sector have accounted 4,390 injuries followed by construction, transport/storage, and manufacturing. Depending on the need the gloves, they can be re-used or disposed off.

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On the basis of product type, re-usable industrial gloves segment was the leading segment in the industrial gloves market and is expected to dominate during the forecast period. According to Coherent Market Insights, the re-usable industrial gloves segment accounted for US$ 3,378.4 million in 2016 and is expected to reach US$ 6,148.7 million by 2025. Re-usable gloves have various advantageous such as more impenetrable, longer life, and offers better protection than disposable gloves. The main factors promoting growth of re-usable gloves are its wide acceptance due to its unique features, which is compatible with human skin and hand. They are used in industries dealing with toxic chemicals and liquids as it provides barrier against the toxic chemicals effectively. However, the re-usable gloves has to be cleaned regularly post-usage and thoroughly dried before storing to avoid contamination. During longer uses of re-usable gloves, a thorough check or scrutiny must be done for leaks or cuts before use.

The main materials used in the production of industrial gloves are nitrile, rubber, vinyl, neoprene, and polyethylene. Rubber was the leading material in the production of industrial gloves in 2016. However, nitrile is expected to dominate during the forecast period in the segment of materials used to produce industrial gloves owing to higher chemical resistance of nitriles compared to rubber, higher resistance to punctures, durable, and more protective comparatively to its counterparts. Nitrile was valued at US$ 1,820.6 million in 2016 and is expected to grow at a CAGR of 7.95% during the forecast period.
The North American region was the most dominant region in the global Industrial gloves market in 2016. North America accounted for US$ 2,083 million in terms of revenue in 2016. The strict governmental regulations in the U.S. has resulted in increasing demand for industrial gloves in North American region. The Occupational Safety and Health Administration has been set up in the U.S. to examine companies with regards to industrial safety practices to ensure safety of the employees. This is expected to augment the growth of the Industrial gloves market globally.

The global industrial gloves market was valued at US$ 5,629.7 million in 2016 and is expected to expand at a CAGR of 7.2% in terms of revenue during 2017 – 2025.

Multinational players

Key players operating the Industrial Gloves market include Top Gloves, Honeywell Safety Products, 3M Corporation, Ansell, Showa Group, Corolina Glove & Safety Company, Superior Gloves, Southern Gloves Inc., UVEX Safety Group, Longcane Industries, Shangdong Yuyuan Latex Gloves, Marvel Glove Industries, and Kanam Latex Industries Pvt. Ltd.

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Issued By Mr. Shah
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Business Address Coherent Market Insights 1001 4th Ave,
#3200
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Categories Advertising , Business , Marketing
Tags disposable gloves , industrial gloves market , industry forecast , reusable gloves , neoprene , nitrile , polyethylene , rubberlatex , vinyl
Last Updated May 18, 2019