Global chemical protective clothing market is expected to be valued around USD 1.5 billion by 2022. The industry is expected to grow at a CAGR of around 6% from 2015-2022. Stringent workplace regulations by government of developed regions including North America and Europe is increasing use of protective clothing at chemical manufacturing units.
Such factor is expected to drive global industry demand over the forecast period. Industry participants, mainly chemical manufacturers, are increasing their focus towards workers’ safety. Companies are arranging training programs to guide workers for accurately using protective clothing.
Growing chemical demand in emerging economies such as India, China, South Korea and Taiwan are expected to fuel global production levels. Existing industry participants are expanding their business by setting up new manufacturing facilities to cope up with the demand while huge number of entrants is estimated to enter over the forecast period.
Opening up of facilities and entrance of market players in the global chemical industry are expected to increase overall protecting clothing demand in the future. Chemical protective clothing manufacturing requires special material which is capable of providing safety at extreme temperature and pressure conditions.
On account of their ability of providing safety and security coupled with comfort ability, industrial protective clothing is expensive in nature which is expected to restrain overall industry growth in the future.
Multi-functionality is a new term evolving in the global market and is expected to gain high importance over the forecast period. Industry participants are practising multi-functionality by entering into new product lines which offer combined chainsaw, antistatic, high-visibility, and chemical clothing features.
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On the basis of product, market is segmented into UHMW polyethylene, cotton fiber, aramid & blends, polyolefin & blends, PBI, laminated polyesters, polyamide, and others. Europe dominated the global market on account of strict workplace regulations by the European Commission.
Europe was followed by North America owing to stringent regulatory scenario coupled with increasing company’s focus towards worker safety. Asia Pacific is expected to witness highest growth owing to chemical industry developments in China, India, South Korea, and Taiwan.
Central & South America and Middle East & Africa are expected to experience high growth owing to increasing government initiatives for worker’s safety and security in factories.
Key companies are Dupont, Teijin Limited, Honeywell International Inc., Ansell Limited, International Enviroguard Inc., W. L. Gore & Associates Inc., Lakeland Industries, Inc., Kimberly Clark Corp, Delta Plus Group, 3M Co., Sioen Industries, Kappler Inc., MSA, and Respirex.
Companies are expected to conduct research & development initiatives to develop multifunctional clothing. In addition, nanotechnology is another major area where companies are expected to focus and come up with new product lines to provide high performance, excellent comfort, and cost-effective features.
Existing players are expected to expand their business and set up new manufacturing facilities in developing regions mainly Asia Pacific. Global industry is expected to experience entry of significant number of players as chemical is a booming sector and demand for worker’s safety will enhance with the increase in number of manufacturing facilities.
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