Industrial Gloves Market Is Expected to Reach $9.7 Billion, Globally, by 2020 - Allied Market Research

Industrial Gloves Market is Expected to Reach $9.7 Billion, Globally, by 2020 - Allied Market Research

According to a new report by Allied Market Research, titled, “World Industrial Gloves Market - Opportunities and Forecast, 2014 - 2020", global sales of industrial gloves would reach $9.7 billion by 2020, registering a CAGR of 12.8% during 2015 – 2020. The disposable gloves segment accounted for over half of the market revenue in 2014 and would retain its lead throughout the analysis period. Asia-Pacific market would exhibit the highest CAGR during the forecast period, both in terms of volume and revenue.

To know more about the Report, visit at: https://www.alliedmarketresearch.com/industrial-gloves-market

The world industrial gloves market is transitioning to novel glove materials such as nitrile, vinyl, neoprene and polyethylene. The shift can be attributed to the allergic reactions caused by latex gloves and superior resistivity and protection properties offered by novel materials.

Reusable industrial gloves are deployed as personal protective equipment (PPE) in various industries including automotive, food, chemical and healthcare, to ensure safety and sanity at work places. The onslaught of threats to the personnel and consequent work safety awareness, rapidly growing food processing industry and rising demand for high dexterity gloves are the fore factors fueling the market growth. Recent introduction of advanced manufacturing techniques such as use of fillers, polyurethane coatings, thermal gravimetric analysis have given rise to cost-effective reusable gloves, thereby supplementing the market growth.

Disposable industrial gloves are mainly used to prevent cross-contamination between industrial personnel and products. Disposable industrial gloves are preferred across various industries including semiconductors, pharmaceuticals, food, and healthcare among others. Eco-friendliness, affordable cost, high degree of flexibility and sterility of disposable...