Industrial Protective Clothing Market size over $14 Billion by 2023: Global Market Insights, Inc.

Market Size - $5.42 Billion in 2015, Market Growth - CAGR of 14%, Market Trends – High R&D spending on durable and disposable protective wear


Delaware, May 24, 2016 (GLOBE NEWSWIRE) -- Industrial Protective Clothing Market Size will grow from USD 5.42 billion in 2015 to over USD 14.4 billion in 2023, as reported by the latest study by Global Market Insights, Inc. Regulatory guidelines in place to enhance safety and minimize fatalities will be critical for the global industrial protective clothing market growth.

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Flame retardant and chemical defending apparel dominate consumption, with collective volume of 997 million sq.m in 2015, or 57.9% of the global market. Flame retardant apparels are fabricated from thermal resistant material which reduces the flammability of the finished product specially designed for electric arc flash and flash fire hazards. Chemical defense includes protection from radiation and particulate matter..

Mechanical protection is an attractive growth avenue for market participants, with target revenue at more than USD 1.5 billion for 2023, at 14.5% CAGR. This segment covers protective wear or workers that are exposed to high risk of abrasion and mechanical tear, especially in mechanical parts manufacturing, foundry and workshop applications.

There is high degree of integration by industry participants at different levels across the value chain. DuPont is an example, the company occupying an important position throughout the value chain, from raw materials to end use industries. The company is a chemical manufacturer, fiber producer, distributor, industrial protective clothing manufacturer & supplier as well as end user.

Contact with harmful matter in the industrial working environment is a critical issue affecting worker safety. Chemical or toxic fumes, heat, and radiation emitted during various industrial and manufacturing process brings potential health risks such as cancer, pulmonary disease, skin irritation, and loss of vision among other ailments.

ASTM, OSHA, EASHW and other similar regional agencies have stepped-up scrutiny along with increasing their scope across manufacturing, R&D, laboratories etc. These regulatory guidelines will help the industry evolve, and commercialize high-efficiency and novel protective wear, with sustainable raw materials.

To access sample pages or view this report titled, “Industrial Protective Clothing Market Size By Application (Chemical Defending Garments [Particulate Matter, Radiation Protection], Flame Retardant Apparel, Mechanical Protective Clothing, Limited General-Use Clothing, Clean Room Clothing), By Product (Disposable, Durable), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, Russia, China, India, South Korea, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023” in detail along with the table of contents, please click on the link below:

https://www.gminsights.com/industry-analysis/industrial-protective-clothing-market

 

Key insights from the report include:

  • Global industrial protective clothing market will grow at 11.7% CAGR, with volume forecast at 7,152 million sq.m by 2023.
  • Durable industrial protective clothing will continue to dominate consumption, at over 57% volume share in 2015, at 11.7% CAGR growth.
  • Clean room clothing demand was USD 863 million in 2015, with gains poised at 13.9% CAGR up to 2023. Laboratories, electronic manufacturing facilities, clinical and pharmaceutical industries are key usage areas for these products, aimed at preventing worker infection and product contamination from minute harmful particles and chemicals. Filament polyester is widely used raw material for clean room clothing.
  • Technically innovative solutions for light weight durable clothing will positively impacted global mechanical protective clothing market. Increasing demand for protection during meat cutting, welding and glass cutting will drive growth.
  • APAC, especially China and India, along with Latin America are poised to see significant growth through the forecast time-period, at 12.8% and 12.1% CAGR respectively. As manufacturing and production index continues to see strong indicators, modernization of safety standards becomes increasingly significant.
  • U.S. industrial protective clothing market share should see more than 11% CAGR growth, with durable products accounting for over 59% demand. The sustained development of the shale gas industry will see the resurgence of the downstream market, providing growth opportunities for the overall personal protective equipment (PPE) industry.
  • Europe industrial protective clothing industry was more than USD 1.2 billion in 2015, with Germany alone responsible for over 33.5% of that.
  • The global industry is fiercely competitive, with complex product registration enhancing entry barriers. Product innovation and competitive pricing will be critical for capturing market share.

Global Market Insights has segmented the industrial protective clothing industry on the basis of application and region:

  • Industrial Protective Clothing Market Product Analysis (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2023)
    • Disposable
      • Disposable coveralls
      • Lab coats
      • Shoe covers
      • Others
    • Durable
  • Industrial Protective Clothing Market Application Analysis (Volume, Million Square Meters; Revenue, USD Million, 2013 – 2023)
    • Chemical defending garment
      • Particulate matter
      • Radiation protection
    • Limited general use clothing
    • Flame retardant apparel
    • Mechanical protective clothing
    • Clean room clothing
    • Others
  • Protective Clothing Market Regional Analysis (Volume, Million Square Meters; Revenue, USD Million, 2013 - 2023)
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • UK
      • Germany
      • Russia
    • Asia Pacific
      • China
      • India
      • South Korea
    • Latin America
      • Brazil
    • Middle East & Africa (MEA) 

 

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.



            

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