Industrial Safety Gloves Market by products, applications & regional analysis 2018-2024

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Industrial Safety Gloves Market growth drivers
in 2018 Challenges by 2024
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Global Market Scenario of Industrial Safety
Gloves Industry

• Increasing construction industry growth
  propelling requirement for worker protection
  measure along with manufacturing business
  performance are instigating global Industrial
  Safety Gloves Market share. Rising awareness in
  countries including China, India, Brazil and
  South Africa owing to economic growth and
  industrialization are stimulating product demand.
• Industrial Safety Gloves Market size is estimated
  to exceed USD 7.2 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc.
• Increasing focus on workers wellbeing during
  mining, construction, chemical, healthcare and
  food processing industries are escalating global
  industrial safety gloves market size during
  forecast time.
• Occupational hazards, electric shocks, chemical
  hazards are among noticeable factors giving rise
  for protection measures from end-use including
  power energy, oil gas and pharmaceutical
  industries are fostering industry growth.

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Continue-

• U.S. Department of Labor and Occupational Safety
  and Health Administration (OSHA) administrate and
  implement (OSH) Act regarding protection of
  workers health and safety across the nation.
  Improved industry protection measure and
  organizational protocol comprise of health
  concern along with security guidelines are
  strictly followed by workers employee in
  maintaining product quality, will foster industry
  growth.
• Industrial safety gloves market comprises latex
  material which causes skin problems include
  itching, skin rashes, redness and swelling cases
  has been noted across the industry. These factors
  are expected to hamper market growth during
  forecast time frame.  
• Natural rubber material segment is expected to
  witness more than 6.2 growth up to 2024.
  Increasing demand for rubber protection for
  handling electrified components, wiring, and
  engineering tools requires insulating material
  for shock protection fueling industry growth by
  manufacturing, automotive and power generation.

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360 Industry Analysis

• Nitrile products market generated over USD 535
  million revenue in 2017. Surging demand for
  product owing to physical protection from
  chemical, contamination, and diseases fueling
  product demand. It has large application
  including medical professionals, healthcare,
  dental, petrochemicals, veterinaries, nurses, and
  salon spa and tattoo artists are fostering
  market share. 
• Supportive knitted industrial safety gloves
  market contributed around 50 share in 2017.
  Rising demand for the supportive knitted product
  in mechanical working to provide thermal
  chemical resistance from materials in automotive
  and warehouse application instigating market
  growth.
• Cut gloves market is anticipated to witness over
  6.5 CAGR up to 2024. Rising demand for arm
  protection gloves owing to handling sharp edge
  materials such as glass, metals, and abrasion are
  driving product demand across industries.
•  

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Industry Background
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• Regional Analysis
• North America industrial gloves market size was
  over USD 1.7 billion in 2017. Regional growth is
  mainly contributed by the U.S. owing to strong
  government intervention, favorable regulation for
  employee health security is among major drivers
  fueling regional industry growth.
• Competitive Analysis
• Global industry share is highly consolidated in
  nature owing to leading companies captured around
  60 market share in 2017. The major companies
  include Latexx Partners, Supermax Corporation,
  Hartalega, Ansell and Top Gloves are major
  participants. Other players including Honeywell
  International, MCR, Acme, Riverstone Holdings,
  Longcane Industries, Rubberex, Towa Corporation,
  RFB, and Showa are contributing in market share.
  Increasing competition giving rise for the
  necessity to introduce wide range in new product
  development to improve competitive edge.

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