Industrial, Manufacturing & Heavy Industry Market News

Protective gloves market worth 11.26 billion USD by 2022

The global protective gloves market is estimated to be USD 8.69 Billion in 2017 and is projected to reach USD 11.26 Billion by 2022, at a CAGR of 6.4 % from 2017 to 2022. The growth of the global protective gloves market is mainly driven by the increasing demand for disposable protective gloves in the healthcare industry and stringent regulations pertaining to safety in various industries.

- Advertising -

The report "Protective Gloves Market by Material (Latex, Nitrile, Neoprene, Leather), Type (Re-Usable, Disposable), Application (Chemical, Mechanical, Biological), End-Use Industry (Healthcare, Manufacturing, Food & Beverage, Oil & Gas) - Global Forecast to 2022", 

Browse 73 Market Data Tables and 78 Figures spread through 161 Pages and in-depth TOC on "Protective Gloves Market by Material (Latex, Nitrile, Neoprene, Leather), Type (Re-Usable, Disposable), Application (Chemical, Mechanical, Biological), End-Use Industry (Healthcare, Manufacturing, Food & Beverage, Oil & Gas) - Global Forecast to 2022"

www.marketsandmarkets.com/Market-R…et-201863872.html

The nitrile segment is projected to grow at the highest CAGR between 2017 and 2022

Based on material, the global protective gloves market has been segmented into latex, nitrile, neoprene, leather, vinyl, and others.

- Advertising -

The nitrile segment is projected to grow at the highest CAGR during the forecast period. This expected high growth rate is mainly attributed to the rising demand for non-allergic disposable gloves from the healthcare industry.

The disposable segment is projected to grow at the highest CAGR between 2017 and 2022

Based on type, the disposable segment of the global protective gloves market is projected to grow at the highest CAGR during the forecast period. Disposable gloves are considered to be more comfortable, softer, and cheaper than re-usable protective gloves in the healthcare and food & beverage industries.

Download PDF Brochure: www.marketsandmarkets.com/pdfdownload.asp?id=201863872

The biological segment is projected to grow at the highest CAGR during the forecast period

Based on application, the biological segment of the global protective gloves market is projected to grow at the highest CAGR between 2017 and 2022. This segment’s anticipated high growth rate is mainly attributed to the rising demand from the healthcare industry.

The increasing medical standards have resulted in an increase in demand for disposable protective gloves in the healthcare industry.

The healthcare segment is projected to grow at the highest CAGR during the forecast period

Based on end-use industry, the healthcare segment is projected to grow at the highest CAGR between 2017 and 2022. Medical professionals, such as doctors, nurses, pharmacist, laboratory scientists, and other healthcare technicians use surgical and examination grade of protective gloves for medical safety.

The demand will be driven by the introduction of more advanced protective gloves meant for medical applications over the next five years.

Request for Sample: www.marketsandmarkets.com/requests….asp?id=201863872

Asia Pacific to be the fastest-growing market for protective gloves during the forecast period

The protective gloves market in the Asia Pacific region is projected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the rise of healthcare and manufacturing industries in Asia Pacific countries, such as India, Indonesia, Thailand, and China.

Malaysia is a key producer and exporter of rubber gloves. The Asia Pacific region also has a large number of small and domestic market players providing customized solutions at low cost.

Ansell Limited (US), Top Glove Corporation Berhad (Malaysia), Honeywell International Inc. (US), Supermax Corporation Berhad (Malaysia), 3M Company (US), Hartalega Holdings Berhad (Malaysia), W.W.

Grainger, Inc. (US), Kimberly-Clark Corporation (US), and Protective Industrial Products, Inc. (US) are some of the leading players in the global protective gloves market.

News From

MarketsandMarkets™ - Business ResearchMarketsandMarkets™
Category: Market Research Publishers and RetailersCompany profile: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...