Industrial Safety Gloves Market size worth around USD 8 Bn by 2025
Published Date: September 18, 2019 Authors: Kunal Ahuja, Amit Rawat
Industrial Safety Gloves Market size is estimated to exceed US$ 8 Bn by 2025; according to a new research report by Global Market Insights, Inc.
Growing regulatory pressures to improve working conditions for workers around the globe coupled with continued innovation from glove manufacturers are likely to open new avenues for market advancement. Stringent regulations from regulatory bodies such as OSHA & EU to protect industrial workers from different hazards such as snags, abrasion, chemical hazards, tear, cuts, thermal hazard, mechanical hazard and electrical hazard will support the market growth. Ergonomic design trends along with strong protection characteristics without sacrificing dexterity will further offer myriad opportunities for industry development.
Increasing safety assessment programs adopted by various industries such as automotive, electrical, construction, oil & gas, and metal fabrication will support the market development. Hand protection standard, 29 CFR 1910.138 issued by the Occupational Safety & Health Administration (OSHA) outlines the requirements for the use of hand protection and provides certain guidelines for the right use and maintenance of the gloves. For instance, oil & gas companies include hand and finger injury reduction campaigns in their annual HSE plans.
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Japan India, Germany and Canada are seeing high growth rates for protective products as an increasing percentage of workers live and work in these markets. Factors such as substantial support from the government & availability of cheap natural gas, water and labor are likely to support the industrial safety gloves market growth in these countries. Global economic crisis has led to manufacturing facilities being shut down owing to which demand for safety gloves is declining. Lower number of workers present and difficulty in convincing end users to upgrade protective equipment would further stagnate the market growth.
Browse key industry insights spread across 600 pages with 695 market data tables & 18 charts & figures from the report Global Industrial Safety Gloves Market Size By Product (Mechanical [Multi-Purpose, Cut Protection, Oil Repellent, Specialized, Back Hand Impact Protection], Chemical & Liquid Protection [Chemical Solutions, Single Use/Disposable], Thermal [Arc Flash], Special Protection), By Material (Nitrile Gloves, Natural Rubber Gloves, Vinyl Gloves, Neoprene Gloves, Polyethylene Gloves), By Application (Automotive, Chemical, Machinery, Metal Fabrication, Oil & Gas, Mining), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Mechanical product is anticipated to witness significant gains over 7.5% by 2025. Factors such as enhanced protection against cuts, oil repellent, and other specialized purposes driving product sales. Various processes involved in machinery industry includes cement, civil, dredging, engines, material handling, mining and woodwork may cause injuries to workers and employees. Glove manufacturing companies using materials including synthetic yarns, fiberglass, Kevlar, and a combination of metals for improved cut resistance properties are mainly fueling the product demand.
Nitrile industrial safety gloves market share will witness over 8% CAGR up to 2025. Exceptional resistance to mineral oils, petroleum oils, vegetable oils, many acids, abrasions, and water will support product demand across industrial sector. In addition, enhanced tactile sensitivity, dexterity, comfort and puncture resistance compared to vinyl and rubber gloves supporting segment growth. These gloves are made stronger by integrating synthetic polymers and have become the preferred alternative to latex to users who have concerns about latex allergies.
Automotive application is expected to witness growth of more than 7% by 2025. Diverse task areas in automotive industry such as machining, paint shop, body shop, stamping, molding, final assembly, logistics and maintenance will create new avenues for product demand over the forecast period. Also, gloves engineered with high cut and abrasion resistance will suffice the need for automotive application as glove offers superior grip in both dry and oily environments.
North America industrial safety gloves market is expected to hold over 30% share by 2025. The market in this region is basically driven by factors such as increased awareness on safety issues, increased price of raw materials, transportation costs, and continued innovation from glove manufacturers. Presence of key industry participants including Top Glove, Honeywell, Towa Corporation, Rubberex and Ansell will support regional demand. However, restraining factors such as economic downturn, pressure for lower prices, and the large influx of imported products may stagnate market growth in this region.
The industrial safety gloves market share is fragmented in nature due to the presence of multinational, and domestic players. Ansell Limited, Atlas Safety Products, Arco Limited, Acme Safety, Ejendals AB, Blaklader B.V, Honeywell International, Inc., and Hartalega Holdings Berhad are among the major industrial safety gloves companies. Technological innovations, new product development, mergers & acquisitions, and strategic collaborations, are among the key strategies to gain significant competitive share by the major industry players. For instance, in February 2019, Ansell launched a unique safety glove product, specially designed for the consumers working with rotating tools. This product was launched with customized features in order to cater to the demands and feedback of the professionals.
Industrial safety gloves market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Million Units and revenue in USD Million from 2013 to 2025, for the following segments:
Industrial Safety Gloves Market, By Product
- Cut protection
- Oil repellent
- Back hand impact protection
- Chemical & liquid protection
- Chemical solutions
- Single use / disposable
- Arc flash gloves
- Special protection
Industrial Safety Gloves Market, By Material
- Nitrile Gloves
- Natural Rubber Gloves
- Vinyl Gloves
- Neoprene Gloves
- Polyethylene Gloves
Industrial Safety Gloves Market Share, By Application
- Machinery & equipment
- Metal Fabrication
- Oil & Gas
- Others (critical & confined environment)
The above information is provided on a regional and country basis for the following:
- North America
- Czech Republic
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
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