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Industrial Protective Clothing Market To Cross Revenue Of $22.57 Billion By 2025: Grand View Research, Inc.

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Industrial Protective Clothing Market To Cross Revenue Of $22.57 Billion By 2025: Grand View Research, Inc.

July 31
08:04 2019
Industrial Protective Clothing Market To Cross Revenue Of $22.57 Billion By 2025: Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research,Increasing awareness pertaining to health and safety of workers across various industries, including chemical, construction, and manufacturing is likely to drive the industrial protective clothing market growth.

According to a report,“Industrial Protective Clothing Market Size, Share & Trends Analysis Report By Product (Durable, Disposable), By Application (Flame Retardant Apparel, Chemical Defending Garments), And Segment Forecasts, 2019 – 2025”, published by Grand View Research, Inc.,  The global industrial protective clothing market size is expected to reach USD 22.57 billion by 2025, It is anticipated to expand at a CAGR of 13.7% during the forecast period. Increasing awareness pertaining to health and safety of workers across various industries, including chemical, construction, and manufacturing is likely to drive the growth.

Favorable regulatory scenario to minimize occupational hazards at the workplace is expected to be the key factor positively influencing the market growth. Furthermore, rapid industrialization and urbanization in developing economies, which demands higher workforce, is expected to fuel the demand for industrial protective clothing over the projected period.

Rising health concerns owing to exposure to harmful emissions and smoke coupled with increasing mishaps, particularly in oil and gas and mining industry are likely to support the product demand. Increasing number blue-collar workforce in construction and manufacturing industries is further projected to propel the demand for protective clothes over the forecast period.

The market players engage in continuous R&D to produce multi-functional protective clothing, with high durability to cater to the growing demand. Furthermore, the companies emphasize on manufacturing clothing which can comply with the guidelines given by the Occupational Safety and Health Administration (OSHA), in order to sustain in the market.

Key Takeaways from the report:

  • Demand for durable protective clothing is expected to reach USD 11.50 billion by 2025, on account of the re-usability and superior heat and chemical resistance properties of the product

  • Chemical defending garments is expected to expand at a CAGR of 13.9% over the forecast period owing to rising concerns regarding workforce health safety against harmful and hazardous substances and radiations in chemical and nuclear industries

  • Demand for disposable chemical defending garments is expected to witness significant growth on account of their rising demand in chemical laboratories and R&D centers

  • North America accounted for 41.4% of the global market share in 2018, as the industries in the region need to comply with the stringent regulations and guidelines given by the authorities such as OSHA, NFPA, and ASTM

  • Growing application industries such as construction, mining, chemical, and food in Asia Pacific is expected to drive the industrial protective clothing market over the forecast period

  • In 2018, Germany accounted for the highest market share in Europe, on account of well-established manufacturing facilities for automotive, chemical, and power generation sector

  • Technological advancements to introduce multilayers and coatings with attractive designs is likely to be the key factor defining success for the market players

U.S. industrial protective clothing market demand, by application, 2014 - 2025 (Million Square Meter)

Browse More Reports in Smart Textiles Industry:

  • Medical Textiles Market – Medical textiles are used in a myriad of applications ranging from non-implantable goods such as bandages, wound care, pressure garments, prosthetic socks, adhesive tapes, protective eye pads, and orthopedic belts
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Global industrial protective clothing market share, by application, 2018 (%)

Regional Insights

Europe was valued at USD 2.06 billion in 2018 and is expected to expand a CAGR of 12.0% during the forecast period. Well-established automotive and aerospace manufacturing sector is supporting the regional demand. Growing oil and gas industry in the region is further anticipated to drive the product demand in the forthcoming years.

U.S. emerged as the largest market on account of high investments in the industrial sector. Moreover, upgradations of regulations such as, OSHA in 2014 revised the OSHA 1910.269 regulation that made it compulsory for workers to wear flame-resistant apparel, are expected to propel demand over the forecast period.

Industrial Protective Clothing Market Share Insights

The global market is moderately competitive owing to a large number of manufacturers producing protective equipment. Innovations and improvements in product quality, design, and materials are the key factors for market players to sustain in the competitive environment.

Market players are focusing on procurement of materials through a dedicated supply channel to maintain the production output. Joint ventures and mergers and acquisitions are performed by the players to extend the product portfolio and enhance their geographical presence.

Numerous manufacturers are investing in R&D to produce multi-utility apparel, to cater to different industries. For instance, Honeywell International produced a new fire retardant apparel, which complies with standards for oil & gas and mining industries. W.L. Gore & Associates introduced flame retardant technology that is integrated with protective outerwear.

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About Grand View Research, Inc.

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

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