Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on
industrial gloves market provides in-depth analysis of segments and
sub-segments in global as well as regional industrial gloves market. The study
also highlights the impact of drivers, restraints and macro indicators on the
global and regional industrial gloves market over the short term as well as
long term. The report is a comprehensive presentation of trends, forecast and
dollar values of global industrial gloves market. According to the report the
global industrial gloves market is projected to grow at a CAGR of 10.9% over
the forecast period of 2018-2024.
Industrial gloves are used to
ensure the safety of the employee and sanitary conditions in the workplace. Gloves
are mainly composed of synthetic and natural materials. Most of the industrial
purpose gloves are heat, chemical, cold, and abrasion resistant. A common
material used for the manufacturing these types of gloves are nitrile. Moreover,
Industrial gloves are used as personal protective equipment in various
industries such as automotive, food and healthcare to ensure worker’s safety.
The main advantage of industrial gloves is that it can be disposable as well as
reusable based on the requirement of a specific work environment.
Huge presence of manufacturing
industries coupled with strict rules and regulations on industrial safety is
anticipated to remain the key factor for driving the growth of the industrial
gloves market. Additionally, the demand for disposable gloves is driven by the
it’s low cost as compared to re-usable gloves. However, instability witnessed
in the demand for rubber is anticipated to hamper the growth of the industrial
gloves market. Furthermore, it is observed that nitrile gloves are replacing
rubber, which in turn is creating huge growth opportunities for the key players
in the industrial gloves market. These nitrile gloves are gaining popularity
owing to the allergy-free properties, puncture resistance and durable
properties.
Among geographies, North America
dominated the global industrial gloves market followed by Europe. Europe
and North America have recorded almost two-thirds of the total market revenue and
increasing awareness regarding the worker's safety is anticipated to aid the
maintaining regions market position. North America is developed with huge
end user industries owing to the strict regulations for the safety of the
labors. On the other hand, rising automation over the American jobs and very
soon, there will be no worker working in the manufacturing and other end use
industry. Furthermore, because of automotive and steel industries and industrial
chemicals, these gloves are scheduled to observe high demand in the Asia-Pacific
regions.
The prominent companies profiled in the industrial gloves market are Honeywell International Inc., SHOWA, Inc., Ansell Healthcare, and Superior Glove. The market players and entrants are adopting new strategies in their products and employ cost reduction to maintain and influence market position. Moreover, a revolutionary type of medical examination glove has been developed recently, which seems to have an entirely new layer of infection control. These gloves are designed to have built-in antimicrobial technology, which has already been evident in preventing the spread of infection in highly sensitive areas such as hospitals
The report on global industrial gloves market covers segments
such as material and end user. On the
basis of material the global industrial gloves market is categorized into
natural rubber gloves, vinyl gloves, nitrile gloves, polyethylene, and neoprene.
On the basis of the end user, the global industrial gloves market is categorized
into aerospace, flat panel, disk drive, medical devices, semiconductors and
pharmaceuticals.
The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain and Rest of Europe are included in the European region. The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience growth at a CAGR of x.x% over the period of
2018-2024.
The report provides profiles of the companies in the global
industrial gloves market such as Semperit AG Holding, Top Glove Corporation Berhad,
Rubberex, Hartalega Holdings Berhad, Towa Corporation, Shamrock Manufacturing
Company Inc, Superior Glove, Ansell Healthcare, SHOWA, Inc and Honeywell
International Inc.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global industrial
gloves market. Moreover, IGR-Growth Matrix analysis given in the report brings
an insight into the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of industrial gloves
market. Moreover, the study highlights current market trends and provides
forecast from 2018-2024. We also have highlighted future trends in the
industrial gloves market that will impact the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players. This report will help
manufacturers, suppliers, and distributors of the industrial gloves market to
understand the present and future trends in this market and formulate their
strategies accordingly.
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