Friday 15 July 2016

Industrial Gloves Market - Global Industry Analysis, Growth, Trends, Forecast 2016 – 2023

Transparency Market Research Added A New Report "Industrial Gloves Market". Industrial gloves are used to protect the hands of the workers or employees from being damaged by heat, exposure to chemicals or corrosive materials. These gloves are made of natural or synthetic materials. The market is expected to grow during the forecast period. The onset of globalization and the increasing disposable income is driving the demand for various types of products and services such as household materials, body care products, entertainment gadgets and electronic devices among others. Furthermore, the availability of cheap labor in Asia Pacific regions like India and China is encouraging the development of manufacturing units in order to increase the productivity and sustain in the competitive environment.

The manufacturing units or factories involve the use of heat, chemicals and corrosive materials that can harm the workers. The industrial gloves are important in such areas of work as it protects the hand from excessive heat or cold, chemical reactions, corrosive materials and damages due to frictional heat. The industrial gloves are primarily applicable in chemical and healthcare industries. Hence the growing demand for productivity is driving the market of industrial gloves. In addition, these gloves are designed in such a manner that they are not only protective but also comfortable for the workers. In addition, the gloves do not hamper the sensitivity or the dexterity required while working. Moreover, the stringent government rules over worker safety in factories are also driving the demand of industrial gloves across all the application segments.

However, the fluctuating prices of the raw materials used to manufacture the industrial gloves are hindering the market from growth. The ongoing technological advancements and rising disposable incomes the globe is expected to increase the need for productivity for various products and materials. This in return will act an opportunity for the industrial gloves market. Moreover, the innovation of new resistant materials is expected to be applied in industrial gloves for better protection as well as comfort. This will in return create a demand for these gloves.

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The industrial gloves market can be segmented into three parts: types, application and region. By types, the market can be categorized into disposable gloves, chemical and liquid proof gloves, latex gloves, cut resistant and heavy duty safety gloves and thermal proof gloves among others.

By application, the market can be divided into healthcare, food and beverages, chemical, manufacturing plants, power generation and laboratory applications among others.

In terms of region, the market has been divided into four regions: North America, Europe, Asia Pacific and Rest of the world. North America and Europe are the early adapters and hence they dominate the market. In addition, the government regulations over safe working environments are very strict and hence demand for industrial gloves are high in these regions. However, Asia Pacific is expected to witness robust growth due to organization building their manufacturing units in this region due to availability of cheap labor.

Some of the key vendors in the market are Supermax, Latexx, Adventa, Top Glove, Kossan, Riverstone Resources, Bacou-Dalloz, Inc., BSF Coated Products, Smart Glove, Liberty Glove and Safety, Inc. and Protective Industrial Products among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.  

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