Protective Clothing Market Worth $9,290 Million by 2020
By PRN NewsWire
By PRN NewsWire
DALLAS, July 22, 2015 /PRNewswire/ —
The report “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”, defines and segments the protective clothing market and forecast of the market size by value. The Protective Clothing Market size in terms of value is projected to reach $9,290 Million by 2020, at a CAGR of 6.2% between 2015 and 2020.
Browse 84 market data Tables and 68 Figures spread through 179 Pages and in-depth TOC on “Protective Clothing Market”. http://www.marketsandmarkets.com/Market-Reports/protective-clothing-market-1278.html
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The protective clothing market is mainly being driven by the increasing demand from the oil & gas and construction & manufacturing industries. This is due to the growth in thermal, mechanical and chemical applications which utilize protective clothing, thereby contributing to the growth of the overall market. The key factors restraining this 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 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. Thermal is the major application of protective clothing followed by visibility and mechanical. Thermal comprise the largest application in the protective clothing market and account for more than one-fourth share of the said market. The North America region dominated the market for thermal application of protective clothing, followed by Europe and Asia-Pacific. The market for biological/radiation application is projected to witness the highest CAGR of 12.0% between 2015 and 2020.
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The leading players in the market include Ansell Limited (U.S.), Lakeland Industries (U.S.), Teijin Limited (Japan), Kimberly Clark (U.S.) and Sioen Industries (Belgium), E.I.DU Pont De Nemours and company (U.S.), Honeywell International Inc. (U.S.) and 3M Company (U.S).
The report covers the protective clothing market and its trends in five regions, North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The market has also been analyzed on the basis of applications, such as thermal, mechanical, chemical, biological/radiation, and visibility. The market has also been segmented and analyzed on the basis of material type which includes aramid & bleands, polyolefin & blends, polyamide, PBI, UHMW Polyethylene, cotton fibers, and laminated polysters.
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