CHICAGO, May 24, 2019 /PRNewswire/ -- According to the new
market research report "Protective Clothing
Market by Material Type (Aramid & Blends,
Polyolefin & Blends, Polyamide, and PBI), Application (Thermal,
Chemical, and Visibility), End-Use Industry (Construction,
Manufacturing, Oil & Gas, and Mining) - Global Forecast to
2024", published by MarketsandMarkets™, the Protective
Clothing Market is projected to reach USD
11.9 billion by 2024, at a CAGR of 6.3% from USD 8.8 billion in 2019.
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52 – Figures
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Stringent regulations pertaining to the safety of personnel in
developed economies is expected to drive the protective clothing
market. Government authorities in the developed economies are
increasingly concerned over the health and safety of the workers.
Many government regulations and standards compel the end-use
industries to provide protective clothing to the workers working
under hazardous conditions. For instance, according to the 2010
memorandum of the U.S. Occupational Safety and Health
Administration (OSHA), it is mandatory for the workers in the oil
& gas industries to wear heat- and flame-resistant clothing. It
also requires the workers at construction sites to wear high
visibility safety apparels, as they are exposed to either traffic
or moving machinery. The increasing demand for protective material
drives the market of advanced protective clothing.
Aramid & blends is the largest segment of the protective
clothing market.
The aramid & blends segment is estimated to lead the
protective clothing market, in terms of value, in 2019. The demand
for aramid & blends is fueled by the increasing use of
protective clothing for industrial safety & protection. The use
of aramid fibers in the military grade equipment and protective
gears is increasing, thus, driving the protective clothing market
growth over the forecast period. The dominance of the aramid &
blends segment is attributed to its ability to provide high tensile
strength and durability with thermal, chemical, and radiation
resistance.
Manufacturing is estimated to be the largest end-use industry
segment of the protective clothing market during the forecast
period.
The manufacturing segment is estimated to be the largest end-use
industry of protective clothing during the forecast period. The
selection of the material type for protective clothing to be used
in the manufacturing industry depends on the desired application
and performance. The use of such clothing helps to reduce the risk
of on-job injuries and casualties. The growing infrastructural
development and rising construction activities in the developing
nations are likely to boost the growth of the protective clothing
market during the forecast period.
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North America is estimated
to be the largest market for protective clothing during the
forecast period.
North America is the largest
protective clothing market and is expected to continue dominating
the global market during the forecast period. The market is largely
driven by the increased awareness for safety and regulations that
mandate the usage of protective clothing in various industries.
Apart from the major producers, small companies are also focusing
on developing advanced protective clothing that is used in making
safety gloves and jackets. The market in North America is largely driven by innovation.
The players in the protective clothing market are focusing on
developing innovative products to widen their product portfolio and
offer advanced products.
The key market players profiled in the report include as
3M Company (US), E.I. du Pont de
Nemours and Company (US), Ansell Limited (US), Kimberly Clark Corp
(US), Teijin Limited (Japan),
Sioen Industries (Belgium), and
Lakeland Industries, Inc. (US).
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Browse Adjacent Markets: Specialty Chemicals Market
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Personal Protective Equipment Market by Type
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Protection, Respiratory Protection, Head Protection), End-Use
Industry (Manufacturing, Construction, Oil & Gas, Healthcare) -
Global Forecast to 2022
Chemical Protective Clothing Market by Type
(Aramid & Blends, PBI, Polyamide, Cotton Fibers, Laminated
Polyester, Polyolefin & Blends, UHMW Polyethylene, and Others),
End-Use Industry (Construction & Manufacturing, Oil & Gas,
Healthcare/Medical, Firefighting & Law Enforcement, Mining,
Military, and Others), & by User Type (Industrial, and
Personal) - Global Forecast to 2020
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SOURCE MarketsandMarkets