New York, NY, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Industrial Gloves Market By Product Type (Disposable Gloves And Reusable Gloves), By Application (Food, Chemicals, Healthcare, Pharmaceuticals, Manufacturing, And Others), and By Material (Polyethylene, Nitrile, Rubber, Neoprene, Vinyl, And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017– 2024”. According to the report, the global industrial gloves market was valued at around USD 5.47 billion in 2017 and is expected to reach approximately USD 10.02 billion by 2024, growing at a CAGR of around 9.84% between 2018 and 2024.
Gloves are important to maintain a contamination-free environment in the food & beverage, biotechnology, and pharmaceutical industries. It is also necessary for the safety of workers in the automobile, aerospace, manufacturing, electric, chemical industries, etc. as hands are the main body part used for performing any action at the workplace for any work. Industrial work may have the risk of extremeness such as cold, heat, electricity, sharpness, force, and chemical. Industrial gloves are made to provide protection. Governments of almost all the countries have applied a strict set of laws and policies for the safety of workers at the workplace. Gloves are made up of natural vinyl, rubber, nitril, neoprene, etc.
Browse through 54 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Industrial Gloves Market Size & Share 2017: By Type, Products, Industry Applications, Growth, Segments Analysis and Forecast, 2024”.
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Growing attention towards workers’ safety at the workplace is driving the industrial gloves market globally. Increasing implementation of safety regulation for workers in the industries like automation, construction, healthcare, mining, oil & gas, petroleum, chemical, agriculture, fertilizer, food processing, aviation is anticipated to fuel the industrial gloves market during the forecast period. Implementation of regulations by OSHA (Occupational Safety and Health Administration) globally is driving the demand for the industrial gloves. The individual organization protocols for workers health and safety issues are expected to fuel the industrial gloves market.
Growing industrialization in developing countries is anticipated to affect the industrial gloves market positively. The industrial process involves the physiological risk to the workers due to heat, high cold temperature, acids, chemical reagents, electricity, etc. Growing concern regarding various skin diseases and allergies associated with handling various chemicals such as itching, redness, swelling, etc. are anticipated to amplify the industrial gloves market growth. Technological advancements, product innovation, and improved quality of gloves are anticipated to boost the industrial gloves market growth.
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Based on the product type, the industrial gloves market is divided into disposable gloves and reusable gloves. Disposable gloves segment is anticipated to show considerable growth during the forecast period. This is mainly due to less cost of maintenance, storage, and sterilization associated with disposable gloves. Based on the application, the industrial gloves market is fragmented into chemicals, food, healthcare, manufacturing, pharmaceuticals, and others. The material segment of industrial gloves includes polyethylene, vinyl, nitrile, neoprene, rubber, and others.
The North American region is a major market for industrial gloves and is anticipated to grow significantly in the near future. Strict norm regarding consumer and worker protection particularly in the U.S. is the major driving factor for industrial gloves market. In addition, growing manufacturing sector along with healthcare, chemical, construction, and the automobile industries is anticipated to drive the industrial gloves market during the forecast period. Moreover, accelerating pharmaceutical industry in the region is expected to fuel the industrial gloves market. Increasing concerns of organization and workers regarding occupational safety protocols are anticipated to boost the industrial gloves market in the region.
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Europe is anticipated to show a significant growth in the industrial gloves market during the forecast period. Momentous growth in pharmaceutical and healthcare industry in Europe is anticipated to boost the industrial gloves market owing to the huge requirement of gloves for protection against various chemical reagents, explosive chemicals, and biological agents. Industrial gloves provide protection against hazardous chemicals and prevent workers from any physical risk. Workers and technicians in the healthcare sector deal with various chemicals and acids which are cancerous or acidic in nature and can cause severe damage to the skin and body. Thus, increasing focus on health and safety norms at the workplace are anticipated to fuel the industrial gloves market growth in the region.
Asia Pacific is projected to experience the fastest growth in industrial gloves market over the forecast period. Rapid urbanization, growing chemical and fertilizer industry in the region is driving the demand for industrial gloves in the region. In addition, the rapidly growing surfactants industry owing to its properties like high viscosity, absorption, and elasticity is contributing to the Asia Pacific market. It can be used as a foaming agent, dispersant, emulsifier, solubilizing agent, cleanser, conditioner, etc. which is expected to propel the industrial gloves market in the region. Growing food & beverage, fertilizer, automobile, and oil & mining industries is anticipated to affect the industrial gloves market positively.
Browse the full "Industrial Gloves Market By Product Type (Disposable Gloves And Reusable Gloves), By Application (Food, Chemicals, Healthcare, Pharmaceuticals, Manufacturing, And Others), and By Material (Polyethylene, Nitrile, Rubber, Neoprene, Vinyl, And Others): Global Industry Perspective, Comprehensive Analysis And Forecast, 2017– 2024" report at https://www.zionmarketresearch.com/report/industrial-gloves-market
Latin America is anticipated to show a moderate growth in industrial gloves market in the near future owing to the fact that the industries are growing at a slow pace in this region. However, the Middle East & Africa will poise as a growth engine to the industrial gloves market growth during the forecast period. The demand for industrial gloves is driven by the significant presence of oil & gas companies in the region.
Some of the chief players have been focusing on product improvement, superior performance, research & development, and improving the quality and features of the product in order to hold their ascendancy in the market. Some of the major players in the industrial gloves market are Ansell Ltd., 3M Corporation, Holding Towa Corporation, Honeywell Safety Products, Semperit A.G. Holding, Showa Group, MSA Safety, and E.I. DuPont De Nemours and Company, among others.
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This report segments the global industrial gloves market as follows:
Global Industrial Gloves Market: Type Segment Analysis
- Disposable Gloves
- Reusable Gloves
Global Industrial Gloves Market: Application Segment Analysis
- Food
- Chemicals
- Healthcare
- Pharmaceuticals
- Manufacturing
- Others
Global Industrial Gloves Market: Material Segment Analysis
- Polyethylene
- Nitrile
- Rubber
- Neoprene
- Vinyl
- Others
Global Industrial Gloves Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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