New Market Research Reports Title ” Industrial Protective Clothing Market Analysis Size And Segment Forecasts To 2020 ” Has Been Added to Grand View Research Report Database
San Francisco, California, USA., July 31, 2014 - (PressReleasePoint) -The global market for industrial protective clothing is expected to reach USD 4.06 billion by 2020, according to a new study by Grand View Research, Inc. Increasing industrialization in emerging markets of India and China coupled with rising importance of safety in industries and emergence of blue collar workforce are expected to remain key driving forces for the market. High cost and complex manufacturing process associated with industrial protective clothing are expected to be key challenges for market participants.
Chemical defending garments emerged as the leading application segment for industrial protective clothing and accounted for 36.8% of total market volume in 2013. Chemical defending garments are used for protecting skin from hazardous chemicals usually used in laboratories and chemical industries. Flame retardant apparel is expected to be the fastest growing application segment for industrial protective clothing at an estimated CAGR of 11.1% from 2014 to 2020.
• Global industrial protective clothing demand was 2,519.4 million square meters in 2013 and is expected to reach 5,048.4 million square meters by 2020, growing at a CAGR of 10.7% from 2014 to 2020.
• North America continued its dominance in the global market and accounted for 55.5% of total market volume in 2013. However, Asia Pacific is expected to be the fastest growing regional market for industrial protective clothing, at an estimated CAGR of 12% from 2014 to 2020. Growth of industrialization coupled with government interventions to increase safety for industrial workers is expected to drive its demand over the next six years.
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