Published on : Feb 26, 2018
Albany, New York, February 26, 2018: Protective gloves come in handy when the person is handling chemicals or doing manual work. Each year, many millions of dollars are spent on buying chemical protective gloves to use as personal protective equipment. According to a recent study, increasing efforts to improve worker safety in manufacturing facilities and factories is likely to influence the global chemical protective gloves market in coming years. Market Research Hub (MRH) has broadcasted this latest study, titled “Chemical Protective Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” to its massive repository, which focuses on the global market overview along with its future prospects, and details of key players gaining momentum in this market.
As per the analyst findings, the global chemical protective gloves market is set to exhibit a CAGR of 4.6% from 2017 to 2026 and reach a valuation of US$ 3,641.8 Mn. In the present time, increasing awareness about workplace safety coupled with the availability of better safety gears is influencing the global demand for chemical protective gloves. The demand has increased because they can be extremely useful for protection from acids, chemicals and oils. Due to its wide-availability in a variety of applications such gloves are becoming mandatory, mostly in the high-risk working environment.
Market Insights and Segmental Analysis
Firstly, the report begins with an overview of the global chemical protective gloves market, with assessments on key market segments offered in the report in terms of revenues. The report also includes an executive summary that highlights the key market segments where player may find extensive opportunities. In this study, the global chemical protective gloves market has been categorized on the basis of product type, application and region.
In terms of geography, the global chemical protective gloves market is segmented into North America, Japan, Latin America, Asia-Pacific excluding Japan, Europe and Middle East & Africa. Among these regions, the market in North America is expected to remain highly productive throughout the valuation period.
By product type, the research covers butyl, natural, neoprene and nitrile type of gloves. Preference for nitrile gloves will continue to remain strong during the foreseeable period. This is primarily due to their superior resistance.
By application, the chemical protective gloves market has been categorized into manufacturing, construction, agriculture, pharmaceuticals, oil and gas, food, transportation, chemicals, mining, defense & maritime. As per the report, manufacturing segment is expected to remain highly attractive during the assessment period.
Moreover, the report offers a competitive landscape of the chemical protective gloves market, thereby listing out all the major companies according to their geographic presence, market attractiveness and recent key developments. Leading players operating in the global chemical protective gloves market include Ansell Limited, Honeywell International Inc., Uvex Safety Group, 3M Co, Bullard, E I Du Pont De Nemours and Co., Avon Rubber Plc., Msa Safety Inc., Grainger, Inc, Kimberly-Clark.
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