Protective Clothing Market Growing at 6.2% CAGR to 2020 Driven by Increasing Demand from Oil & Gas and Construction & Manufacturing Industries
By PRN NewsWire
By PRN NewsWire
PUNE, India, September 8, 2015 /PRNewswire/ —
Market growth in thermal, mechanical and chemical applications is pushing the protective clothing market to hit $9,290 Million by 2020 at a CAGR of 6.2% between 2015 and 2020 says this research report now available with ReportsnReports.com.
Complete report on protective clothing market spread across 160 pages, profiling 14 companies and supported with 86 tables and 65 figures is now available at http://www.reportsnreports.com/reports/270584-protective-clothing-market-by-application-thermal-chemical-mechanical-biological-radiation-visibility-end-use-industry-oil-gas-construction-health-care-mining-military-firefighting-material-global-trends-forecast-to-2018.html .
Thermal comprise the largest application of protective clothing market, followed by visibility application. North America is the largest market for thermal application of protective clothing, followed by Europe. The market for biological/radiation application of protective clothing is projected to witness the highest growth among all applications because of growing nuclear industry and the increase in the number of health care professionals and workers. The protective clothing market in the Asia-Pacific region is projected to register a high growth rate of 6.8% between 2015 and 2020. The said market in Latin America is projected to witness a growth rate of over 7.0% between 2015 and 2020. The report covers a country level study for the said market in eighteen countries including the U.S., Canada, Mexico, Germany, Italy, Spain, France, China, India, Japan, Argentina, and Brazil.
The key factors restraining the protective clothing market include higher pricing of specialized protective clothing and increased automation in end-use industries. High pricing of protective clothing is one of the major setbacks that affect the growth of the protective clothing market. Protective clothing market involves high cost of manufacturing owing to the use of high-performing fabrics as well as multiple test methods and standards. The growth of the protective clothing market is reliant on the growth of the employment trend in various industries. The slowdown in the European market adversely affects the demand of various end-user industries, such as chemical, manufacturing, mining, and others, which in turn affects the growth of the protective clothing market in Europe.
For this report, various secondary sources, such as directories, technical handbooks, company annual reports, industry association publications, chemical magazine articles, trade websites, and databases have been referred to identify and collect information useful for this extensive commercial study of the protective clothing market. The primary sources that include experts from related industries and suppliers have been interviewed to obtain and verify critical information as well as to assess future prospects and market estimations. Order a copy of Protective Clothing Market by Type (Aramid & Blends, Polyolefin & Blends, Polyamide, and PBI), by Application (Thermal, Chemical, and Visibility), and by End Use Industries (Construction & Manufacturing, Oil & Gas, and Mining) – Global Forecast to 2020 research report at http://www.reportsnreports.com/Purchase.aspx?name=270584 .
Protective clothing market [http://www.reportsnreports.com/reports/270584-protective-clothing-market-by-application-thermal-chemical-mechanical-biological-radiation-visibility-end-use-industry-oil-gas-construction-health-care-mining-military-firefighting-material-global-trends-forecast-to-2018.html ] companies like Ansell Limited, Lakeland Industries, Inc, Teijin Limited, Kimberly Clark Corp, Sioen Industries NV, E. I. Du Pont De Nemours and Co., 3M Co, Honeywell International Inc., W. L. Gore & Associates, Inc, Lion Apparel Inc, Globe Manufacturing Co LLC, PBI Performance Products, Inc, Royal Ten Cate NV and Workrite Uniform Company Inc are profiled in this research. Use of phase change material, multifunctional clothing and nano technology are some of the opportunities discussed for companies planning to enter into or those who are new players in this industry.
On a related noted, Fire Resistant Fabric Market by Type (Apparel & Non-Apparel) and Application (Industrial Protective Clothing, Defense & Public Safety Services, Transport – Railways, Aircraft, Automotive, Marine) – Global Trends & Forecasts to 2020 research report says regionally, Europe is leading the fire resistant fabrics market [http://www.reportsnreports.com/reports/386637-fire-resistant-fabric-market-by-type-apparel-non-apparel-and-application-industrial-protective-clothing-defense-public-safety-services-transport-railways-aircraft-automotive-marine-global-trends-forecasts-to-2020.html ] . Growth in Europe is attributed to the stringency in industrial regulations and standards that have increased the demand for fire resistant fabrics. South America is also estimated to have the highest growth in the market on account of the increasing demand from rising industries such as oil & gas and infrastructure among others. North America is the second largest market for fire resistant fabrics and is projected to have an average growth between 2014 and 2019. Asia-Pacific is estimated to have a steady growth in the market. Apparel fire resistant fabrics dominated the market in 2015 and are estimated to experience a high growth on account of regulations on protective clothing such as the OSHA 2012 mandate. Non-apparel flame resistant fabrics are also estimated to grow at a steady rate on account of regulations in the furniture market, majorly for mattresses. Companies like E.I. Dupont De Numours and Company, Gun Ei Chemical Industry Co., Ltd., Huntsman Corporation, Kaneka Corporation, Lenzing AG, PBI Performance Products Inc., Royal Tencate N.V., Solvay S.A., Westex (By Milliken), W.L. Gore & Associates Inc., Glen Raven Technical Fabrics LLC and Teijin Ltd. are profiled in this report available at http://www.reportsnreports.com/reports/386637-fire-resistant-fabric-market-by-type-apparel-non-apparel-and-application-industrial-protective-clothing-defense-public-safety-services-transport-railways-aircraft-automotive-marine-global-trends-forecasts-to-2020.html .
Explore more reports on consumer goods market at http://www.reportsnreports.com/market-research/consumer-goods as well as advanced materials industry at http://www.reportsnreports.com/market-research/advanced-material .
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