Skip to main content

The Versatility and Durability of Asphalt: More Than Just a Road Surface

When we think of asphalt, our minds often conjure images of smooth road surfaces stretching into the distance. However, the uses and benefits of asphalt go far beyond just paving roads. In this blog post, we'll explore the versatility and durability of asphalt, shedding light on its various applications and the importance of proper maintenance. The Basics of Asphalt Asphalt, also known as bitumen, is a sticky, black, and highly viscous liquid or semi-solid form of petroleum. It is a crucial component in the construction industry, primarily used for paving roads, driveways, and parking lots. Its popularity stems from its cost-effectiveness, ease of installation, and exceptional durability. Beyond Roads - Surprising Applications While roads are the most common application of asphalt, its uses extend into various surprising areas. For instance, asphalt shingles are a popular roofing material due to their weather resistance and longevity. Additionally, it's used in the construction...
Post a Comment

Protective Gloves Market Growth Analysis, Business Prospects, Trends, Segmentation, Business Opportunities by 2027

 The global protective gloves market size is expected to gain impetus from the rapid growth of various sectors such as food processing, oil & gas, healthcare, chemical, and production facilities. Protective gloves help to minimize occupational risks of various factors and are a necessity in several industries. A published report by Fortune Business Insights estimates the market to rise at a CAGR of 11.7% between 2020 and 2027. The value of this market as per the report was USD 12.37 billion in the year 2019 and is expected to reach USD 35.20 billion by the end of 2027.

Get Sample PDF Brochure:-

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/protective-gloves-market-103369

Contents of the Report

The Report Answers the Following Questions:

  • What is the nature of the market and how fierce is the competition?
  • Who are the major players of the market for safety gloves and what are their key strategies?
  • What impact will the COVID-19 pandemic have on the market?
  • What are the current trends in this market?

Drivers & Restraints-

Growing Application by Food and Beverage Sector to Bolster Growth

The surging rate of population and the rapid growth of various industrial setups such as manufacturing industries, food processing, chemical, and oil & gas are the key factors propelling the global protective gloves market growth. In addition to this, the advent of technological advancement into various industries will help add impetus to the growth of the market.

On the contrary, factors such as skin issues,namely, rashes, allergies, and others related to the continuous use of protective gloves for long duration may hamper the growth of the market in the forecast period.

Nevertheless, the current coronavirus pandemic propelled the imposition of stringent regulations by the governments on employee safety and security. These are likely to create lucrative future growth opportunities for the market in the long run.

Segmentation-

Healthcare & Medical Segment Bagged Largest Share Attributed to Increasing Use of Medical and Surgical Gloves

The global market for protective gloves was dominated by the healthcare and medical sector in 2019. This is attributed to the outbreak of the COVID-19 pandemic and the increasing use of medical and surgical gloves among the healthcare workers. However, the construction segment earned 19.5% in terms of share 2019 and is likely to showcase significant growth in the coming years on account of the rising infrastructural development, especially in the developing nations.

Ask for Customization:

https://www.fortunebusinessinsights.com/enquiry/customization/protective-gloves-market-103369

Regional Analysis-

North America Dominated Market Due to Stringent Government Regulations on Gloves and Mask Use

Regionally, North America earned a revenue of USD 4.68 billion in 2019 and emerged dominant on account of the rising awareness about the importance of health and stringent impositions on the use of protective products such as masks, sanitizers, gloves, and others. Furthermore, the risingoutbreak of pandemics such as Ebola, Swine Flu, Coronavirus, and others are likely to aid in the expansion of the regional market in the coming years.

On the other side, the market in Asia Pacific will showcase a notable growth on account ofthe growing price of raw materials, a rise in the awareness about maintaining safety measures in workplaces, and the improving infrastructure and facility of the healthcare sector.

Competitive Landscape-

Companies Forming Strategic Alliances to Maintain Strong Foothold

The competitive landscape of the global protective gloves market is fragmented in nature on account of the presence of many players. The top five companies holding significant shares in the market are Honeywell International, Top Glove, Hartalega, Ansell, and 3M. Key strategies adopted by these players include partnerships, contracts and agreements, and new product launches. The other companies operating in the market for protective gloves are engaging in research and development of sustainable and recyclable gloves for gaining a competitive edge in the market.

Prominent Industry Developments of theProtective Gloves Market are:

February 2019 – A safety protection company called Ansell Limited adopted Ringers Gloves for employers working in the general and oil & gas industries for strengthening itsposition.

October 2019 – Riverstone Holdings Limited and Showa Glove Co. engaged in a collaborative agreement for the manufacturing of cleanroom gloves. The main objective behind this partnership is to expand their portfolios in the glove manufacturing market.

Some of the Key Players of the MarketforProtectiveGlovesinclude:

  • Jiangsu Hanvo Safety Product Co., Ltd. (Jiangsu Province, China)
  • Huihong (NANTONG) Safety Products Co., Ltd (Shanghai, China)
  • QS Safety (Shanghai, China)
  • Hartalega Holdings Berhad (Kuala Lumpur, Malaysia)
  • Lalan Group (Pvt) Ltd (Malwana, Sri Lanka)
  • 3M (Minnesota, U.S.)
  • Supermax Corporation Berhad (Selangor, Malaysia)
  • Kossan Rubber Industries Bhd (Kuala Lumpur, Malaysia)
  • Showa Glove Co. (New York, U.S.)
  • DIPPED PRODUCTS PLC (Colombo, Sri Lanka)
  • PIP Global (New York, U.S.)
  • Uvex Group (Fuerth, Germany)
  • Globus (Shetland) Ltd. (Manchester, United Kingdom)
  • Honeywell International Inc. (Charlotte, U.S.)
  • Kimberly-Clark Corporation (Delaware, U.S.)
  • Towa Corporation (Kurume, Japan)
  • Superior Gloves (New York, U.S.)
  • ATG- Intelligent Glove Solutions (Sri Lanka)
  • Ansell Ltd. (Melbourne, Australia)
  • Top Glove Corporation Bhd (Shah Alam, Malaysia)
  • Others

Inquire Before Buying This Report:

https://www.fortunebusinessinsights.com/enquiry/queries/protective-gloves-market-103369

 

Comments

Post a Comment

Popular posts from this blog

research report on the global Radiation Curable Inks market delivers updated information about the current scenario

  The  “Global Radiation Curable Inks Market”  research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Radiation Curable Inks industry along with various other factors over the predicted period 2022-2029. The report on the Radiation Curable Inks market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channel, profit margin, etc. The research study on the global Radiation Curable Inks market is liable to showcase essential development in distinct regions including the United States, Europe, Asia Pacific, and China. On the basis of strategic aspects, the report represents the detailed profile of the major vendors and meanwhile, evaluates their discrete business-driven strategies and other development plans. In this study, we have used an extraordinary perspective dur...
Post a Comment
Read more

South Korea Medium Density Fiberboard Market Share, Demand, Growth in 2028

  South Korea Medium   Density Fiberboard Market Report provides an in-depth analysis of emerging trends, market drivers, development opportunities, and market constraints that may have an impact on the market dynamics of the industry. Each player highlighted in the research study contains Company Basic Information, Manufacturing Base, Sales Area, and its Competitors, an in-depth business overview, geographic footprint, and contact information. The report contains a comprehensive market and vendor landscape in addition to SWOT Analysis. Key players in the global South Korea Medium Density Fiberboard market are profiled with detailed insights into company profile, product portfolio, geographical presence, statistical analysis, key developments, and growth strategies. Furthermore, the global South Korea Medium Density Fiberboard Market report provides a comprehensive analysis of the COVID-19 pandemic and how it has affected the m...
Post a Comment
Read more

3D Printing Materials Industry Trends, Issues, Challenges, Forecasts, Competition Analysis by 2026

  According to Fortune Business Insights™ the global 3D printing materials market size is predicted to reach USD 3.78 billion by 2026, exhibiting a CAGR of 12.1% during the forecast period .  The increasing application of 3D printing in various end-user industries such as aerospace, automotive, military, and healthcare will have a positive impact on the 3D printing materials market revenue during the forecast period. Moreover, one of the major 3D printing materials market trends include the increasing knowledge of 3D printing as a faster manufacturing process than conventional manufacturing processes such as injection molding, and subtractive production. As per the published report by Fortune Business Insights, the market size stood at USD 1.53 billion in 2018.  The 3D printing materials market report focuses and elaborates the definition, types, applications and major players in detail. Deep analysis about 3D printing materials market outlook, competition pattern, enterp...
Post a Comment
Read more