Rapid industrialization in emerging countries boosts the Protective Clothing Mar
Posted by rohan on November 27th, 2019
The worldwide protective clothing market is steadily growing with fast technological advancements that are taking place in the manufacturing of protective fabric. Protective clothing decreases the risk of exposure to dangerous elements such as chemicals, UV radiations, ballistic or mechanical hazards, cold, and fire and heat. Furthermore, vendors are investing sizeable funds into the research and development of upgraded fabrics that are capable of giving optimum protection. The size of the market was close to USD 8.27 billion by revenue in 2018 and is predicted to witness a CAGR of 6.34% to reach around USD 11.25 billion over the foreseen period.
Market drivers and restraints:
The increasing concerns relating to the safety of workers together with the rising stringent rules of government are by far the dominating factors driving the global protective clothing market. The increasing call for multifunctional protective clothing from end-user industries is also boosting the market. Moreover, the fast industrialization, together with better economic conditions in growing countries, is providing a significant boost to the expansion of the market.
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Report segmented as:
By end use:
Geographies included in this market are North America, Asia Pacific, Europe, and Rest of the World. North America is going to be a key revenue contributor to the expansion of the global protective clothing market. Strict government regulations relating to the safety of workers along with the increasing awareness regarding the workforce safety is boosting the demand for protective clothing in this region.
Important market players:
Key players in the global protective clothing market are Asatex AG, Sioen Industries NV, Australian Defense Apparel, Bulwark Protective Apparel, Ansell Limited, E.I. Du Pont De Nemours and Company, Kimberly-Clark, Globe Manufacturing Co. LLC., Lakeland Industries Inc., Lion Apparel Inc., Workrite Uniform Company Inc., PBI Performance Products Inc., Royal Tencate NV, Teijin Limited, Westex Inc., Waxman Fibers Ltd. and W.L. Gore and Associates Inc.
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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About the Authorrohan
Joined: September 20th, 2017
Articles Posted: 1,346
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