Asbestos Gloves Market Trends, Forecast 2019- 2024
Asbestos Gloves Market will
witness substantial growth from industrial applications due to superior heat
resistance capability and excellent flexibility. Shifting focus towards labor
safety & security across construction, mining, manufacturing and chemical
industry will propel the industry growth. As per analysis, gloves reduce the
risk of hand injury by about 60%, making it one of the most efficient
industrial personal protective equipment.
Rapid industrialization
particularly in China, Russia, India, Mexico, Brazil, and South Africa has
enhanced the product demand. Increasing manufacturer focus towards their
employee safety & security to maintain company standards and values will
propel asbestos gloves market growth. Rising product demand for metalworkers,
welders and glassblowers owing to superior heat resistance, up to 350O C will
boost product penetration.
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Stringent
occupational safety regulations enacted by government and regulatory
institutions to ensure safety from fire and heat will support asbestos gloves
demand. Under Occupational Safety and Health Act of 1970, OSHA is accountable
for sustaining healthier and safe working conditions for workers primarily in
areas that are surrounded by contaminated, hazardous and extreme heat
conditions. ASTM International and National Fire Protection Association (NFPA)
also formulated standards to ensure labor safety and health.
Strong
outlook in firefighting industry due to high temperature surroundings and flame
encounters will propel the asbestos gloves market size. Increasing awareness to
ensure safety of firefighters during fire accident will drive product demand.
Increasing product usage in aviation industry as safety equipment during
firefighting will further augment product scope. Strict safety standards in
aviation industry to enhance complete security will fuel asbestos gloves
market.
Rising
product demand from potters particularly during pot extraction from blazing hot
kilns will drive asbestos gloves market size. Growing number of steel plants
globally will create positive outlook for product demand owing to resilient
resistance against extreme temperatures and corrosion. Increasing need for
abrasion resistance material during several operations including grinding,
drilling and welding has enhanced product scope. Necessity for safety gears
during handling of high temperature equipment accompanied by abundance raw
material availability will support industry demand. Increasing product adoption
in food processing industry due to its high temperature resistance property
will drive asbestos gloves market size.
Europe
asbestos gloves market holds a significant share in the global industry share.
Globally, Russia is the largest producer of asbestos material accounting for
53% of the overall production in 2016. However, European Union will witness
sluggish industry growth due to restrictive standards on product usage
particularly in Denmark, Germany, Italy, Netherlands, Norway and Sweden.
Asia
Pacific asbestos gloves market is expected to witness substantial growth in
forecast period. Abundant presence of mining reserves particularly in China and
Kazakhstan will support business growth. Rapid industrialization has enhanced
safety gears demand particularly in China, India, Japan and Taiwan. Increasing
number of manufacturing facilities with furnace and incidences of high
temperature material handling will further propel industry demand.
MEA asbestos gloves market will witness
notable gains in forecast period. Rapid urbanization and industrial development
are key factors supporting industry demand. Increasing disposable income along
with awareness regarding fire safety measures will boost the industry size.
High application scope in petrochemical industry to ensure safety from
explosive and highly flammable compounds will support product penetration.
Global asbestos gloves market
share is highly fragmented due to presence of large number of regional
manufacturers operating in domestic market. Supreme in Safety, Acme Safety,
JOMAC Canada, Unarco, Steel Grip, Ansell and Towa Corporation are among major
industry players. Other notable participants include Fisher Scientific Company,
Guard-Line, Top Glove, Rubberex, National Safety Solution, Protector Fire &
Safety, Core Safety Group and Oriental Enterprises. Heavy R&D investments
and product innovations are prime strategies adopted by major players to reduce
the harmful effects of product.
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Asbestos Gloves Market Trends, Forecast 2019- 2024
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Reviewed by GMI
on
July 04, 2019
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