According to a new market report published by Credence Research, Inc., “Industrial Gloves Market (By Product Type (Disposable Gloves, Re-usable Gloves), By End-use Application (Healthcare & Pharma, Oil & Gas and Chemicals, Food & Beverage, Industrial Manufacturing, Construction, Semiconductor, and Others), By Material (Natural Rubber, Vinyl, Nitrite, Neoprene, Polyethylene, and Others)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025”, the global industrial gloves market is expected to expand at a compound annual growth rate of 9.3% during the forecast period 2017 – 2025.
Credence Research, the leading business intelligence provider, has published its latest research, „Industrial Gloves Market 2026„, which gives insights into Autoinjectors in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
Browse Here For Full Report With TOC: https://www.credenceresearch.com/report/industrial-gloves-market
Market Insight:
Compliance with stringent safety standards and directives is identified as one of the most influential factors driving growth of the industrial gloves market worldwide. Some of the directives contributing towards market demand include OSHA (Occupational Safety and Health Act), National Fire Protection Association (NFPA), and American Society for Testing and Materials (ASTM). The use of industrial gloves reduces the risk of hand injury to work personnel and thus wearing gloves is considered as one of the cheapest and most effective injury prevention method. In addition, resurgence in the manufacturing sector after dwindling market conditions that was prevalent during economic instability is further fueling market momentum.
Segmentation Analysis:
As of 2015, natural rubber was the most preferred raw material used for making industrial gloves. The trend is presumed to continue as it will continue to be the most preferred material by 2025. The growth can be majorly credited to their extensive application in industrial manufacturing, healthcare, and pharmaceutical sectors. Benefits offered by the rubber in terms of elasticity and form fitting makes them preferred options to be used in these sectors. Similarly, based on product type, the global market for industrial gloves was led by disposable gloves. Low-cost coupled with greater replacement demand is the key factor driving sales of disposable industrial gloves.
Competitive Insights:
The global industrial gloves market is relatively matured but competitive. The market includes good mix of both well-established international and regional/domestic manufacturers. Since the number of domestic and international suppliers of basic raw materials (natural rubber, vinyl, etc.) is high, the manufacturers are not dependent on a single supplier and form strong partnerships with several suppliers to ensure continual supply of raw materials. The switching cost of manufacturers from one supplier to another is low due to less differentiation in the prices offered by the suppliers. Additionally, manufacturers also strive to maintain good association with end-customers and try and win big contracts. Manufacturers across the globe are focusing on strengthening their marketing and distribution channel to improve their reach and product position in the market. Manufacturers compete on the basis of price, branding, and product quality. Some of the leading players identified in the research study include
This research report gives worldwide Autoinjectors volume forecast and recent quarter review of major Autoinjectors vendor performance. The report includes major vendors‘ volume, growth trends, revenue and revenue growth trends, operating profit margin and ASP, along with analyst insights.
Scope
- The report presents the brief overview of Autoinjectors Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
Latest company statement
- Latest news and deals relating to the Autoinjectors products
Research methodology
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
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The report highlights projected investment on Autoinjectors over the next two years. This will help
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