The Global Market for Industrial Protective Clothing is Projected to Reach US$10.7 Billion by 2022

Tough Industrial Regulations, Standards and Guidelines Drives Demand for Industrial Protective Clothing, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the Global Industrial Protective Clothing market. The global market for Industrial Protective Clothing is projected to reach US$10.7 billion by 2022, driven by increasing preference for multifunctional protective wear; stringent legislations, regulations, standards and guidelines that force organizations to provide suitable protective equipment/clothing for ensuring worker’s safety; and rise in voluntary worker safety and protection programs in a bid to reduce insurance liabilities.

Industrial protective clothing (IPC), referred as specialized garments that play major role in ensuring worker safety in hazardous working environments, minimize accident and fatality rates. The market is a part of the larger personal protection equipment (PPE) industry that primarily includes disposable and durable products with different applications. The high costs associated with workplace accidents such as employee compensation, medical expenditure and opportunity cost of lost productive hours is resulting in companies making proactive investments in PPE. Industrial protective clothing are specifically designed to offer protection against occupational hazards and effects of asbestos, bruises, chemicals, cuts, dry particles, electric arc flash, fire, flame, intense heat, lead and mold. The demand for IPC, used in industries such as agriculture, automotive, chemical, food processing and oil & gas, is fueled by increasing concerns about worker safety and enforcement of strict regulations. Rising awareness regarding worker safety and health along with the rise in industrial fatalities across emerging economies owing to lack of needed protective gear are driving market growth. Increasing focus on minimizing injuries and illness as well as protecting workers from chemicals, fire and other hazardous workplace elements will continue to spur design and high performance material improvements in protective clothing. Fibers used in protective clothing are generally based on diverse raw materials like aromatic polyamide, diphenyl isophthalate, mixed silicates, polyamide, polyethylene terephthalate and polymers.

Broad macroeconomic forces benefitting the market include encouraging GDP performance in India and other Southeast Asian countries, rapid of industrialization and expansion of manufacturing base, development of infrastructure such as airports, rail transport, roadways and harbors, among others. Safety standards and requirements implemented by leading regulatory agencies such as Occupational Safety and Health Administration (OSHA), especially in North America and Europe, have compelled industries to follow guidelines and rules to avoid occupational hazard thereby benefiting demand for protective wear. In addition, the market is also benefitting from conventions about worker health & safety coupled with practices like TQM.
As stated by the new market research report on Industrial Protective Clothing, Europe represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 9.3% over the analysis period led by factors such as tightening of the hitherto lax worker protection norms, establishment of new plants and factories, growing awareness among workers over their legal right to a safe and healthy work environment. Chemical Protection Clothing represents the largest market segment, while clean room clothing and thermal clothing are the other major markets.
Major players covered in the report include Ansell Ltd., Ansell Protective Solutions AB, Alexandra PLC, Asatex AG, Bennett Safetywear Ltd., CWS-boco Supply Chain Management GmbH, The Dow Chemical Company, Eastern Technologies, Inc., E. I. DuPont deNemours and Co., Honeywell International, Inc., ILC Dover, International Enviroguard, Inc., Kimberly-Clark Corp., Lakeland Industries, Inc., Sioen Industries NV, Workrite Uniform Co., and W. L. Gore & Associates, Inc., among others.
The research report titled “Industrial Protective Clothing : A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, issues, challenges, mergers, acquisitions, and  strategic industry activities of major companies worldwide. The report provides market estimates and projections for major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East & Africa, and Latin America. The report also analyzes the IPC market by Segments – Chemical Protection Clothing, Thermal Clothing, Clean Room Clothing, Mechanical Protection Clothing, and Other Industrial Protective Clothing.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.


Comments

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022