Thursday 3 September 2015

Industrial Protective Clothing Market Analysis by Application and Segment Forecasts To 2020: Radiant Insights

The global market for industrial protective clothing is expected to reach USD 4.06 billion by 2020. Increasing industrialization in emerging markets of India and China coupled with rising importance of safety in industries and emergence of blue collar workforce are expected to remain key driving forces for the market. High cost and complex manufacturing process associated with industrial protective clothing are expected to be key challenges for market participants.
 
Chemical defending garments emerged as the leading application segment for industrial protective clothing and accounted for 36.8% of total market volume in 2013. Chemical defending garments are used for protecting skin from hazardous chemicals usually used in laboratories and chemical industries. Flame retardant apparel is expected to be the fastest growing application segment for industrial protective clothing at an estimated CAGR of 11.1% from 2014 to 2020.
 
To read complete report, click here: http://www.radiantinsights.com/research/industrial-protective-clothing-market-analysis-by-application-flame-retarded-apparel-chemical-defending-garments-clean-room-clothing-and-segment-forecasts-to-2020 
 
Further key findings from the study suggest:
  • Global industrial protective clothing demand was 2,519.4 million square meters in 2013 and is expected to reach 5,048.4 million square meters by 2020, growing at a CAGR of 10.7% from 2014 to 2020.
  • North America continued its dominance in the global market and accounted for 55.5% of total market volume in 2013. However, Asia Pacific is expected to be the fastest growing regional market for industrial protective clothing, at an estimated CAGR of 12% from 2014 to 2020. Growth of industrialization coupled with government interventions to increase safety for industrial workers is expected to drive its demand over the next six years.
  • Developed economies of North America and Europe are fairly mature markets for industrial protective clothing and are driven by technological advancement and aware consumers. European market for industrial protective clothing is expected to reach a market worth USD 953.5 million by 2020.
  • Key companies in the market include DuPont, Royal TenCate NV, W. L. Gore & Associates, Honeywell International, Lakeland Industries Inc., PBI Performance Product Inc., Kimberly Clark, Benette Safetywear Ltd., and Bulwark Protective Apparel. Companies such as Ansell Limited, Teijin Limited, and Australian Defense Apparel are key participants in emerging markets of India, Japan and China.
 
For the purpose of this study, Grand View Research has segmented the Industrial Protective Clothing market on the basis of application and region:
 
     Global Industrial Protective Clothing Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)
 
             Flame retardant apparel
             Chemical defending garments
             Clean room clothing
             Others 
 
     Global Industrial Protective Clothing Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)
 
             North America
             Europe
             Asia Pacific
             RoW
 
About Radiant Insights    
   
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.


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