Safety regulations and rules, rise in demand for superior performance and comfort, and growth in healthcare and food processing industries drive the growth of the global Industrial gloves market.

PORTLAND, Oregon, May 4, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Industrial Gloves Market Usability (Disposable {By Material (Natural Rubber, Nitrile, Vinyl, Neoprene, Polyethylene, and Others), End-User (Aerospace, Disk Drives, Flat Panels, Food, Hospitals, Medical Devices, Pharmaceuticals, Semiconductors, and Others)} and Reusable {Glove Type (Dipped Gloves, Knitted Gloves, Supported Knitted Gloves, and Others), Protection (General purpose/Mechanical, Chemical/Liquid, and Product Protection), End-User (Machinery, Oil & Gas, Metal Fabrication, Automotive, Chemical, Construction, Plane Manufacturing, Food Processing, Office Building Cleaners, Healthcare, and Others)}: Global Opportunity Analysis and Industry Forecast, 2020–2027."According to the report, the global Industrial gloves industry was estimated at $6.9 billion in 2019, and is anticipated to hit $17.0 billion by 2027, registering a CAGR of 12.5% from 2020 to 2027.

Drivers, restraints, and opportunities-
Safety regulations and rules, rise in demand for superior performance and comfort, and growth in healthcare and food processing industries drive the growth of the global Industrial gloves market. On the other hand, availability of local and inexpensive products, and lack of awareness regarding usage of industrial gloves impedes the growth to some extent. However, implementation of innovated technology is expected to create lucrative opportunities in the industry. 

Get Detailed COVID-19 Impact Analysis on the Industrial Gloves Market @ https://www.alliedmarketresearch.com/request-for-customization/706?reqfor=covid

The disposable segment to dominate by 2027-
The global industrial gloves market size is segmented into usability, material, end-user, glove type, protection and region. Based on usability, the market is categorized into disposable and reusable. The disposable segment accounted for the highest share in 2019, contributing to more than three-fifths of the total revenue, and is projected to maintain its dominant position throughout the forecast period. Moreover, this segment would manifest the largest CAGR of 13.0% from 2020 to 2027. As these gloves are resistant to solvent and are odor free that has led to increase in their usage in the food, hospital, medical devices, and pharmaceutical industries, which drives the growth of the segment.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/706

The semiconductor segment to retain the dominant share-
Based on end users, the disposable industrial gloves market is segment into aerospace, disk drives, flat panels, food, hospitals, medical devices, pharmaceuticals, semiconductors, and others. The semiconductors segment accounted for the maximum share in 2019, holding nearly one-fourth of the total share, and is estimated to maintain the highest share during the forecast period. This is due to increased usage of industrial gloves in the semiconductor industry owing to its properties like bad conductors of electricity and comparative stiffness with least elasticity, which protects workers hands from electric shocks while working. On the other hand, the food industry segment is estimated to portray the highest CAGR of 15.9% during the forecast period. This is due to the regulations of FDA that has made it mandatory to use gloves while preparing food as hand washing is not sufficient to prevent transmitting these pathogens.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/706

North America to dominate the market in 2019–
Geographically, North America held the largest share, holding nearly two-fifths of the total market share in 2019, and will maintain its dominant contribution during the forecast period. This is due to stringent regulations regarding the safety of labor and working individuals. Contrarily, the region across Asia-Pacific is expected to grow at the highest CAGR of 13.9% during the forecast period.

Key players in the industry-

• Top Glove Corporation Berhad
• Hartalega Holdings
• Kossan Rubber Industries Bhd
• Riverstone Holdings Limited
• Careplus Group Berhad, Supermax Corp.
• Ansell Healthcare
• SHOWA, Inc
• Honeywell International Inc.
• Semperit AG Holding

Interested in Procuring this Report? visit: https://www.alliedmarketresearch.com/industrial-gloves-market/purchase-options

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:

https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports:

PPE Gloves Market: North America Opportunity Analysis and Industry Forecast, 2018-2025
Disposable Protective Clothing Market: Global Opportunity Analysis and Industry Forecast, 2019–2026
Sports Protective Equipment Material Market: Global Opportunity Analysis and Industry Forecast, 2019–2026
Liquid Packaging Carton Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

SOURCE Allied Market Research