PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1164819
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1164819
The global industrial safety gloves market is slated to expand at an exponential rate through 2032 owing to the strict policies and regulations which are further spurring the demand for protective gloves.
The use of environmentally friendly materials as well as non-renewable energy resources will drastically reduce the overall cost of manufacturing gloves as well as the amount of electricity consumed. Several firms are currently looking for alternatives to make use of natural fibers instead of petrochemical ones to reduce their reliance on such sources. Additionally, these suppliers are emphasizing the use of raw materials that have a smaller carbon footprint and have started employing recyclable materials to make industrial safety gloves.
For instance, in February 2019, the Ansell Limited introduced one-of-a-kind safety glove product for users who work with rotating instruments. The product was launched with special features to meet the needs and suggestions of the professionals in this field.
The industrial safety gloves market has been divided in terms of product, material, application, and region.
Based on product, the mechanical segment was valued at $3 billion in 2022. Mechanical protection gloves are categorized according to its uses including cut protection, grease resistance, and other specialized uses. The rising concern about worker safety is set to fuel the need for safety gloves through the forecast period.
With respect to material, the neoprene gloves segment is poised to grow at over 5.5% CAGR from 2023 to 2032. Neoprene gloves are commonly used in the chemical manufacturing sector and are known as 'acid gloves' by professionals in the field. In comparison to synthetic or natural rubber, the material also has great resilience to abrasion. For greater protection, they are also available with elbow-length fittings.
In terms of application, the chemical segment is expected to attain high gains over the research timeline credited to the growing demand for paint and coatings as a result of expanding urbanization. The escalating demand for petrochemical and petroleum products is further likely to support chemical industry expansion. Such trends would propel the segmental development through 2032.
From the regional perspective, the Europe industrial safety gloves market is projected to expand at more than 5% CAGR from 2023 to 2032. The market expansion can be credited to the thriving construction, automobile, aerospace, and other industries. The strict regulatory guidelines that promote employee safety are likely to further increase the demand in the local market for PPE products like safety gloves.