Growth in Construction Sector Expected to drive Global industrial Gloves Market: Ken Research
Industrial gloves are protective wear that protect the skin from heat, harmful environments and sharp metals. They are designed to give comfort to the wearer and don’t obstruct the efficiency & competence of the wearer. They find their application in manufacturing plants, chemical plants, assembling plants and medical institutions. Insulated gloves are required for safety and security of workers form electric shock, abrasions, punctures, cuts, high temperature, arc flash and arc blasts of energized equipments on which workers are working in industries manufacturing & maintenance sector. Rising concern of improving labor protection from risk in automotive and construction sector is driving the market for insulated glove.
According to study, “Global Insulating Gloves Market to reach USD XXX billion by 2026” the key companies operating in the global insulating gloves market are Top Glove Corporation Berhad, Hartalega Holdings, Riverstone Holdings Limited, Careplus Group Berhad, Supermax Corp., Ansell Healthcare, SHOWA, Inc., Honeywell International Inc., Kossan Rubber Industries Bhd, and Semperit AG Holding. Other players operating in this market include ATG Sitec GmbH, Acme Safety, Arco Limited, and Blaklader B.V. These major key players are adopting different strategies such as joint venture, agreement and business expansion to stay competitive in the global industrial gloves market.
Based on usability, insulating gloves market is segmented as disposable usability and reusable usability. Disposable gloves on the basis of material, market are segmented as natural rubber, vinyl, neoprene, nitrile, polyethylene, and others. Disposable gloves on the basis of end-user, market is segmented as aerospace, flat panels, food, hospitals, disk drives, medical devices, semiconductors, pharmaceuticals, and others. The disposable gloves segment holds major share in market as these gloves are resistant to solvent & odor free that has led to enhance in their usage in the food, medical devices, hospital and pharmaceutical industries. Reusable gloves on the basis of glove type, market are segmented as dipped gloves, supported knitted gloves, knitted gloves, and others. Reusable gloves on the basis of protection, market are segmented as chemical/liquid protection, general purpose/mechanical protection, and product protection. In addition, reusable gloves on the basis of end-user, market is segmented as machinery, metal fabrication, oil & gas, automotive, chemical, , food processing, office building cleaners, construction, plane manufacturing, healthcare, and others.
The insulating gloves market is driven by rise in demand for superior performance and comfort, followed by safety regulations & rules and growth in healthcare & food processing industries. However, Lack of awareness regarding usage of industrial gloves and availability of local & inexpensive products may impact the market. Moreover, rise in focus on maintaining hygiene across industries and potential growth opportunity for insulated gloves in emerging market are key opportunities for market. Furthermore, rise in application in healthcare is a major trend for market.
Based on geography, the North-American region dominates the global insulating gloves market owing to growth in construction sector along with rise in urbanization in both United States and Canada. Whereas, the Asian-Pacific and North-American regions are anticipated to exhibit highest growth rate due to growth in industrialization and manufacturing sector over the forecast period.
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Ankur Gupta, Head Marketing & Communications