Industrial Safety Gloves Market to observe 7% CAGR up to 2025

A research report published by Global Market Insights, Inc., suggests that the industrial safety gloves market in the chemical & liquid protection segment could grow over 7% by 2025.

Selbyville, United States – July 21, 2021 /MarketersMedia/ —

The industrial safety gloves market is estimated to procure steady growth driven by rising concern regarding financial cost incurred in medical expenses and lost production time throughout the chemical, construction, oil & gas and automotive sectors. Several industries are adopting safety assessment programs to lessen the financial strain posed by wrist and hand injuries.

An increase in the number of workplace accidents has led regulatory bodies such as EU and OSHA to put forth strict regulations and norms to ensure workplace protection standards. These regulations are meant to protect workers from thermal, mechanical and electrical hazards. According to a study, in 2017, over 180,000 U.S workers sustained lost-time hand injury. New updated standards have also been laid down by the EU and the ANSI to meet ergonomic design demands, enabling standardization for determining cut levels and offer a clearer way to identify the actual cut resistance of gloves.

Driven by these norms, industrial safety gloves manufacturers are developing new, advanced products that satiate needed requirements. For instance, in 2018, leading safety gloves producer, Arco Limited launched its latest and most comprehensive range of cut protection safety gloves for workers.

Industrial safety gloves manufacturers are also rolling out products that render improved thermal, chemical & liquid, mechanical protection. These gloves have an assortment of applications such as offering protection against hydraulic fluids and acids. They also pose beneficial properties such as oil & water resistance, anti-impact resistance, enhanced grip for offering protection in cold weather. Given to such features, these gloves are proven to be well-suited for different task areas like oil rig & platform, pipelines and oil haulers.

Growth drivers of industrial safety gloves market are

• Occupational safety regulations and growing awareness of worker safety & security
• Rapid industrialization in many regions driving demand for safety gloves
• Technological advancement
• Regulations and policies supporting the demand for protection gloves

In terms of material, the industrial safety gloves market is categorized into polyethylene gloves, nitrile gloves, vinyl gloves, natural rubber gloves and neoprene gloves. Out of these, the natural rubber gloves segment is likely to witness a CAGR of more than 6.5% credited to extensive usage of these gloves in protection against chemical and liquids. Natural rubber is mixed with other components to create gloves which protect against accidents caused by cuts. It is ideal for industrial purposes like fabrication, glass & window, manufacturing, processing & recycling, aerospace, HVAC, and metal stamping.

To access a sample copy or view this report in detail along with the table of contents, please click the link below: https://www.gminsights.com/request-sample/detail/771

In the oil & gas sector, the industrial safety gloves market is anticipated to register a CAGR of above 6.3% until 2025. Continuing efforts are being made by manufacturers to enhance the standards of gloves for the most commonly occurring and serious oil & gas injuries such as cut, crushing, pinching and puncture hazards. Rising cases of injuries from arch flash incidents are fueling the demand for back of hand protection and arch flash protection gloves that have a superior grip in oily environment.

On a global scale, the industrial safety gloves market comprises of companies such as Honeywell International Inc., Ejendals AB, Acme, Hartalega Holdings Berhad, Ansell Limited, Arco Limited, Blaklader B.V., and Atlas Safety Products. These firms are working on several business strategies such as new product development, mergers & acquisitions, technological innovations and collaborations to improve their market position.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Phone: 1-302-846-7766
Website: https://www.gminsights.com/pressrelease/industrial-safety-gloves-market

Source URL: https://marketersmedia.com/industrial-safety-gloves-market-to-observe-7-cagr-up-to-2025/89037641

Source: MarketersMedia

Release ID: 89037641