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New Product Launches and Contracts & Agreements are the Key Strategies Adopted by the Leading Players in the Global Protective Clothing Market
The global market size for protective clothing was USD 6.87 Billion in 2015 and is projected to reach USD 9.95 Billion by 2021, registering a CAGR of 6.3% between 2016 and 2021. New product launches, contracts & agreements, mergers & acquisitions, and expansions are the strategies adopted by the key players to strengthen their foothold in the global protective clothing market. The maximum number of strategic developments were undertaken in Asia-Pacific, followed by North America and Europe between 2011 and 2016.
The key players operating in the global protective clothing market are 3M Company (U.S.), E.I. du Pont de Nemours and Company (U.S.), Ansell Limited (U.S), Kimberly Clark Corp (U.S.), and Lakeland Industries, Inc. (U.S.), Honeywell International Inc. (U.S.), Royal Ten Cate (Netherlands), Sioen Industries NV (Belgium), and Lakeland industries (U.S.).
Ansell Limited (U.S.) is one of the major protective clothing manufacturers, globally. The company has been focusing on new product launches and acquisitions to maintain their foothold in the market. For instance, in September 2016, Company has developed a Microflex93-260, the thinner chemical resistance disposable glove. This glove offers high level of protection against chemicals than other ordinary thick gloves. Similarly, the company acquired Microgard Ltd. (U.K.) in May, 2015 for developing protective equipment.
3M Company (U.S.) is another major player in the global protective clothing market. The company has been focusing on new product launches as a part of its strategic development activities. In April 2016, the company introduced egronomic glove which is used for chemical protection. It reduces fatigue and risk of egronomic injuries which are caused due to the repetitive manual work.
This report provides a detailed analysis of the protective clothing market and segments the same based on type, application, end-use industry, user type, and region. On the basis of type, the market has been segmented as aramid & blends, polyolefin & blend, polyamide and others. On the basis of application, the market has been segmented as thermal, mechanical, chemical, visibility, and others. The market also is segmented on the basis of end-use industry, namely, oil & gas, construction & manufacturing, healthcare, and others. On the basis of user type the market is segmented as personal and industrial users. On the basis of region, the market has been segmented as Asia-Pacific, Europe, North America, South America, and the Middle East & Africa.
Protective Clothing Market by Material Type (Aramid & Blends, Polyolefin & Blends, Polyamide, and PBI), Application (Thermal, Chemical, and Visibility), End-Use Industry (Construction & Manufacturing, Oil & Gas, and Mining) - Global Forecast to 2021
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