Press Release / Industry / Chemical Protective Clothing Market worth 1.29 Billion USD by 2020
Chemical Protective Clothing Market worth 1.29 Billion USD by 2020
By amitpatel on December 05 2017 | 482 Views
The Chemical Protective Clothing Market is driven by the rapid industrialization and increasing safety concerns against the risky working environment.
The report "Chemical Protective Clothing Market by Type (Aramid & Blends, PBI, Polyamide, Cotton Fibers, Laminated Polyester, Polyolefin & Blends, UHMW Polyethylene, and Others) by End-Use Industry (Construction & Manufacturing, Oil & Gas, Healthcare/Medical, Firefighting & Law Enforcement, Mining, Military, and Others) by User Type (Industrial, and Personal) - Global Forecast to 2020", The market size of chemical protective clothing, in terms of value, is projected to reach USD 1.29 Billion by 2020, registering a CAGR of 5.8% between 2015 and 2020.
The construction & manufacturing industry dominated the chemical protective clothing market. This is due to the rapid growth in construction & manufacturing industry and improving standard of living in the developing nations, which also led to development of other industries, driving the chemical protective clothing market. The use of chemical protective clothing in the military is expected to grow at the highest CAGR during the forecast period. The increasing use of chemical as well as biological weapons in war is forcing countries to provide better quality chemical protective clothing to their soldiers.
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The chemical protective clothing market is classified on the basis of type, namely, aramid & blends, PBI, polyamide, cotton fibers, laminated polyester, polyolefin & blends, UHMW polyethylene, and others. It is dominated by aramid & blends mainly due to the increased demand for high-quality chemical protective clothing from end-use industries such as construction & manufacturing, oil & gas, healthcare, and others. PBI registered the highest CAGR between 2015 and 2020, owing to excellent long term protection in the extreme temperatures.
The chemical protective clothing market is classified on the basis of user type into industrial, and personal. Industrial is the major as well as the fastest growing user type, accounting for maximum share for the chemical protective clothing market in 2014. This is attributed to strict safety and precautionary measures imposed by government in every manufacturing facility.
Europe to be the largest market during the forecast period
The European chemical protective clothing market accounted for the largest market share of 25% in 2014. The dominance of Europe in the market is attributed to stringent safety-related legislations in the region. The Latin American chemical protective clothing market is expected to witness high growth during the forecast period. The emerging petrochemical and pharmaceutical industry in the region is pushing the use of chemical protective clothing in the region.
Currently, the global chemical protective clothing market is dominated by various market players, such as Ansell Limited (Australia), 3M Company (U.S.), Honeywell International (U.S.), Lakeland Industries (U.S.), Kimberly Clark Corp (U.S.), MAS (U.S.), W. L. Gore & Associates Inc. (U.S.), Respirex (U.S.), Kappler Inc. (U.S.), E.I. DuPont DE Nemours (U.S.), International Enviroguard (U.S.), Delta Plus Group (U.S.), Sion Industries NV (Belgium), and Teijin limited (Japan).
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