Protective Clothing Market Future Revenues to Take Flight as Market Size Continues to Expand
Allied Market Research has published a report titled, “Protective Clothing Market by Type (Aramid & Blends, Polyolefin & Blends, Polybenzimidazole (PBI), Cotton Fibers, Laminated Polyesters, and Others), Material Type (Thermal, Mechanical, Chemical, Biological/Radiation, and Others), and End-Use Industry (Oil & Gas, Construction & Manufacturing, Pharmaceuticals/Medical, Military & Defense, Firefighting, and Others), Global Opportunity Analysis and Industry Forecast, 2020-2027.” According to the report, the global protective clothing market was valued at $8.7 billion in 2019 and is projected to reach $12.0 billion by 2027, growing at a CAGR of 6.0% from 2020 to 2027.
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Market Drivers, Restraints, and Opportunities
The growth of the global protective clothing market is driven by increased demand for breathable and durable flame-resistant clothing across various sectors and heightened medical hygiene standards in the healthcare industry. However, the high cost of protective clothing is a significant barrier to market growth. The surge in demand for protective clothing to safeguard healthcare workers from COVID-19 is anticipated to create new growth opportunities for market participants in the coming years.
Protective Clothing MarketCOVID-19 Impact
The COVID-19 pandemic has led to disruptions in raw material supply chains, causing several protective clothing manufacturers to halt production activities. Conversely, the demand for protective clothing has surged within the healthcare industry to protect workers from the virus. Despite this, the pandemic has also led to a decline in demand from the construction and manufacturing industries due to halted activities and workforce migrations during lockdowns.
Segment Analysis
By Type
- Aramid & Blends: This segment held over one-fourth of the global market share in 2019 and is expected to maintain its dominance due to aramid’s superior mechanical properties and resistance to heat and flame.
- Polybenzimidazole (PBI): This segment is expected to grow at the fastest CAGR of 7.0% from 2020 to 2027, driven by the demand for lightweight, fuel-efficient materials and high-performance fibers in renewable energy and safety applications.
By End-Use Industry
- Construction & Manufacturing: This segment contributed the highest market share in 2019, driven by the large labor force in these industries.
- Pharmaceuticals/Medical: Expected to grow at the fastest CAGR of 8.6% from 2020 to 2027, due to increasing demand for safe medical treatments.
Regional Insights
- North America: Dominated the market with nearly one-third of the global share in 2019, attributed to the presence of various industries and high awareness of worker safety.
- Asia-Pacific: Projected to grow at the fastest CAGR of 6.7% from 2020 to 2027, driven by rising industrial activities and stringent regulations on worker safety.
Leading Market Players
- Lakeland Industries
- DuPont
- 3M Company
- Ballyclare Limited
- Teijin Limited
- Koninklijke Ten Cate NV
- Cetriko S.L.
- VF Corporation
- Glen Raven Inc.
- W.L. Gore & Associates, Inc.
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Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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