Industrial Hand Gloves Market 2019 Global Manufacturers, Share, Size, Trends, Price, Competitive Analysis And Regional Forecast To 2022

Industrial Hand Gloves Industry, comprises comprehensive data on Global Industrial Hand Gloves Market Manufacturers, Size, Share, Trends, Price Growth Statistics forecast data up to 2022.

Pune, India - April 5, 2019 /MarketersMedia/ —

According to Market Research Future (MRFR)’s analysis, the global industrial hand gloves market is prognosticated to strike a CAGR of 3% over the forecast period 2016 to 2022. The report suggests that the market is anticipated to be on the verge of entering a phase of maturity and is expected to scale a valuation of USD 9,798 Mn by the end of 2022. Rapid industrialization, changes in industrial processes and release of updated industry standards for employee safety are the primary factors that are poised to drive the expansion of the market in the foreseeable future.

Key players are emphasizing on the development of product line by testing against extreme weather conditions, friction, chemicals, etc. to gain goodwill and attract a larger customer base. These gloves are excessively used in major end-user industries such as healthcare, food & beverage, manufacturing, etc. The growth of these industry verticals is expected to augment the industrial hand gloves market over the next couple of years. In addition, it is anticipated to penetrate more industries in the years to come owing to employee safety regulations enforced by the governments. These supportive laws are poised to boost the growth trajectory of the industrial hand glove market in the forthcoming years.

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Market Segmentation:

By product, the global industrial hand gloves market has been segmented into reusable gloves and disposable gloves.

By material, the industrial hand gloves market has been segmented into natural rubber, leather gloves, polyethylene gloves, nitrile gloves, neoprene gloves, and metal mesh gloves.

By application, the global industrial hand gloves market has been segmented into automotive, healthcare, chemical, construction, and food & beverage.

Regional Analysis:

The geographical study of the global industrial glove market spans across four major regions, viz, North America, Europe, Asia Pacific, and the Rest of the World (RoW). North America is anticipated to hold the maximum market share across the review period. The regional industrial hand gloves market is expected to benefit from the boom witnessed in the construction and pharmaceutical industries. Furthermore, the governments are likely to update employee safety laws from time to time which is set to catalyze the growth of the market in the foreseeable future.

Asia Pacific is also expected to grow substantially in the years to come owing to rapid industrial developments. Also, an emphasis is projected to be placed on worker safety and working conditions which is anticipated to propel the expansion of the industrial glove market through the forecast period.

Competitive Dashboard:

Some of the major players operating in the industrial hand gloves market are Honeywell Safety Products, TOWA, Ansell Ltd., Semperit A.G. Holding, Protective Industrial Products Inc., Towa Corporation, Top Glove, Globus (Shetland), Shamrock Manufacturing Company, and Rubberex. The key players are focusing on product development for meeting performance requirements for specific tasks while ensuring safety. In addition, compliance with industry standards is another major factor responsible for simulating competitiveness in the market.

Industry News:

In March 2019, a safety solutions company, Ansell, has announced the introduction of a nitrile exam glove, MICROFLEX MidKnight XTRA, which has been successfully tested against gastric acid and fentanyl for simulating real-world overdose situations.

In March 2019, the International Safety Equipment Association (ISEA) has announced the release of the new standard, ANSI/ISEA 138-2019, ‘American National Standard for Performance and Classification for Impact Resistant Hand Protection.’ The standard released is aimed at improving the impact performance of industrial gloves.

In May 2018, Aurelia Gloves, manufacturer and supplier of high standard Nitrile and Latex powder-free gloves, has announced the launch of Ignite gloves, new heavy-duty nitrile glove. The glove has been designed for automotive, medical, and manufacturing applications.

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