Oil & Gas Industries to Witness Rampant Adoption of Protective Clothing Fabrics Market – Fact.MR Analysis
Protective Clothing Fabric Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2021 to 2031
DUBLIN, IRELAND, March 9, 2022 /EINPresswire.com/ -- 250 Pages Protective Clothing Fabrics Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderThe global COVID-19 pandemic has turned several industries upside down by causing disruptions in their daily operations and limiting the supply of raw materials, hampering production and growth.
The report offers actionable and valuable market insights of Protective Clothing Fabrics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Protective Clothing Fabrics Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Protective Clothing Fabrics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Protective Clothing Fabrics
This newly published and insightful report sheds light on Market Insights of Protective Clothing Fabrics, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Protective Clothing Fabrics Market.
Such initiatives from regulatory authorities are likely to increase demand for the protective fabric clothes. On this premise, the global protective clothing fabric market is projected to create an absolute $ opportunity of more than US$ 1,800 million to be valued at US$ 4,407 million by the end of the forecast period (2019 – 2026), predicts the report published by Fact.MR.
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Key Segments of the Protective Clothing Fabric Market
Fact.MR’s study on the protective clothing fabric market offers information divided into four key segments-material, end-user, thickness, weight, and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.
Material Type
Aramid & Blends
Polyolefin & Blends
Polybenzimidazole (PBI)
Cotton Fibers
Laminated Polyesters
Other materials (PPS, Amide-imide and Viscose, etc.)
End-User
Oil & Gas Industries
Mining
Packaging
Automotive
Marine
Pharmaceuticals
Electronics and Electrical
Construction
Other End-use Industries
Thickness
Up to 0.056 inches
0.056 to 0.065 inches
0.065 to 0.080 inches
0.080 to 0.102 inches
Greater than 0.102 inches
Weight
Up to 12 oz. per sq. yard
12 to 17 oz. per sq. yard
17 to 22 oz. per sq. yard
22 to 33 oz. per sq. yard
Greater than 33 oz. per sq. yard
Region
North America
Latin America
Europe
Japan
APEJ
MEA
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Key Takeaways of Protective Clothing Fabric Market
- Protective clothes made with laminated polyester material will hold sizeable share in terms of value and are likely to grow 2.5X more than cotton fibers material by the end of forecast period (2019 – 2026).
- Protective clothes made with polyolefin & blends are anticipated to grow at an impressive CAGR of 9.3% and will create an absolute $ opportunity of more than US$ 400 Million by the end of the forecast period.
- Oil, gas and mining industries have hazardous working conditions which are giving rise to occupational fatalities. Therefore, in order to prevent accidents at the workplace, governments have introduced strict regulations. As a result, oil & gas and mining end use industries will collectively hold more than 35% value share in the protective clothing market by the end of forecast period.
- Protective clothing made with fabric with thickness of 0.08 to 0.10 inches will create an absolute $ opportunity of more than US$ 570 Mn by the end of forecast period.
- Owing to the demand for comfortable work-wear, protective clothes fabric weighing up to 17 ounces per square yard will hold value share of more than half of the total global market by the end of forecast period.
- North America and Europe will collectively account for more than 62% market value share by the end of forecast period.
“Global protective clothing market is driven by government initiatives about safety at workplace. Stiff competition among leading market players is paving way for product innovation by manufacturers in order to retain their position in the market” says Fact.MR analyst
Product Innovation and Strategic Acquisitions will Stoke Growth
Global protective clothing fabric market is highly competitive in nature. Leading manufacturers are introducing new products with enhanced properties and acquiring companies that operate in the textile industry in order to expand their capabilities to serve the market and reach new customer bases by providing a broad range of product offerings. For instance, in September 2019, Evonik – an industry leader launched a new polyamide fiber designed for the hot gas filtration industry. At the same time, in June 2019, Milliken & Company acquired Polartec LLC a manufacturer of performance protective textiles for outdoor and military apparel.
Key Question answered in the survey of Protective Clothing Fabrics market report:
- What is the growth rate of the global Industrial Protective Clothing Fabrics Market?
Global Industrial Protective Clothing Fabrics market is projected to grow at an impressive CAGR of more than 8% by 2026
- Which region is more attractive for vendors in the Industrial Protective Clothing Fabrics market?
North America and Europe will collectively account for more than 62% market value share
More Valuable Insights on Protective Clothing Fabrics Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Protective Clothing Fabrics, Sales and Demand of Protective Clothing Fabrics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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