Chemical Protective Gloves Market Size, Competitive Landscape, Growth Factors, Emerging Trends and Forecast to 2027

 Companies operating in the global chemical protective gloves market can benefit from opportunities arising from the increasing efforts to improve worker safety across the globe, identifies TMR. Some of the prominent companies operating in the global market for chemical protective gloves include Honeywell International Inc., Msa Safety Inc., Grainger, Inc, Kimberly-Clark, 3M Co, Ansell Limited, Avon Rubber Plc., E I Du Pont De Nemours and Co., Uvex Safety Group, and Bullard. Many of these market participants are actively focusing on developing products with superior characteristics and features.

According to the recent report published by Transparency Market Research (TMR), the global chemical protective gloves market is projected to witness a steady CAGR of 4.6% between 2017 and 2026 to reach a valuation is excess of US$ 3,600 Mn. Increasing efforts to enhance worker safety standards is expected to drive the global sales of chemical protective gloves during the review period (2017-2026). Moreover, the increasing emphasis that is being placed on improving the working conditions in developing countries is expected to reflect favourably on the global market for chemical protective gloves in the near future. Governments in many of the third-world countries are trying to introduce new regulatory norms to develop the industrial working environment in the country. At the same time increasing awareness about workplace safety coupled with availability of better safety gears is influencing the global demand for chemical protective gloves.

Planning to lay down future strategy? Perfect your plan with our report sample here https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=38447

global chemical protective gloves market

Countries such as China, Brazil and India are witnessing robust industrialization, which is further creating opportunities for worker safety gears and equipment, including chemical protective gloves. Over the recent years, these countries have seen tremendous economic growth owing development of various sectors in the country. Chemical protective gloves are used in various industries, including manufacturing, pharmaceutical, oil & gas, chemicals, mining and agriculture among others. Such gloves are becoming mandatory, particularly in high-risk working environment. These gloves can be extremely useful for protection from acids, chemicals and oils. In addition, implementing the appropriate safety rules can help employers tackle the issues of days-away-from-work due to injuries and illness, which often impact the manufacturing operations.

Additional Highlights of the Report Include:

  • Among regions, the market for chemical protective gloves in North America is expected to remain highly lucrative throughout the assessment period. In terms of revenue, North America is likely to retain its dominant position over 2026. From 2017 to 2026, the region’s market is set to exhibit a CAGR of 4%. This mainly due to presence of stringent worker safety regulations in the region.
  • On the basis of product type, the nitrile segment is expected to hold the pole position in 2018 and beyond. In terms of revenue, this segment currently accounts for more than one-third market share and is likely to surpass a market valuation of US$ 1,800 Mn by the end of 2026, reflecting an above-average CAGR. Superior strength and resistance of nitrile gloves continue to drive their demand.
  • Based on application, the manufacturing segment is expected to remain highly attractive during the assessment period. In 2017, the segment commanded for over 21% revenue share of the market and is projected to exhibit a CAGR of 3.8% between 2017 and 2026.

Looking for exclusive market insights from business experts? Buy Now Report here https://www.transparencymarketresearch.com/checkout.php?rep_id=38447&ltype=S

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

Comments

Post a Comment

Popular posts from this blog

Advanced Authentication Market 2020 Industry Size, Share, Regional Growth Analysis, Share, Trends and Forecast 2027

Image
Security threats in every industry have been growing continuously, with hackers constantly finding different ways to hack data, and viruses being created to hack private information from individual users and enterprises. Today, most users prefer to perform transactions online; hence, it becomes necessary for an organization to put together verification solutions which help in secure access. Organizations need a reliable authentication system to confirm the truth of somebody (person) or something (object). The manual password method is too often copied, breached, or shared, thus exposing data to theft. The Criminal Justice Information System (CJIS) obligated the use of advanced authentication in organizations in order to maintain the privacy and security of data. This mandate to use the system affects all agencies that access the CJIS network, including law enforcement agencies, the judicial system, and public safety. The advanced authentication system is again revamped or advanced in...
Read more

Industrial PC Market Outlooks 2021: Market Size, Cost Structures, Growth rate and Industry Analysis to 2027

Image
 Internet of Things (IoT) is gaining popularity by the day. And, this is translating into growth statistics for the technology. In 2019, for instance, about 26.66 billion IoT devices were in use. And, as per a latest study, by 2025, the number would be up to 75 billion. It is not surprising considering that some 127 new per second are being connected. And, while this includes both industry-based and end-consumer based, statistics, these show a decent picture for understanding the demand curve for industrial PCs. It is important to note here that as Internet of Things is adopted by a plethora of industries such as manufacturing, transportation, food and beverage, and for use in applications such as surveillance, and automation, demand for industrial PCs will see a steep upward curve between 2017 and 2025. As per a Transparency Market Research report, the global  industrial PC market  is set to grow at an impressive CAGR (Compound Annual Growth Rate) of 10.7%, accruing a wo...
Read more

Powered Storage Devices Market Segments And Sub-Segments, Market Trends And Dynamics, Supply And Demand, Market Size 2027

Image
Global Powered Storage Devices Market: Overview The global powered storage devices market will see impressive growth over the forecast period of 2019 to 2027. The steady CAGR (Compound Annual Growth Rate) will chart an upward trajectory, creating new opportunities for growth – something market players would scurry to make the most of. Besides, it will lead to improvement in market worth. Major factors behind the stated growth will be the hustle to reduce costs, rising population- driving demand for power upward, and need to store energy from renewable sources to fix the issue of erratic supply. Global Powered Storage Devices Market: Competitive Analysis The global powered storage devices market is witnessing numerous developments that are not just significant for players to take note of but also to understand how the market would operate over the coming years. An in-depth dive in can be had in our upcoming report. The global powered storage devices market is consolidated an...
Read more