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CHEMICALS AND ADVANCED MATERIALS

Protective Clothing Market Analysis by Material Type (Aramid & Blends, Polyolefin & Blends, Polyamide, PBI, Cotton Fibers, Laminated Polyesters, and Others); by Application (Thermal, Mechanical, Chemical, Radiation, and Others); and by End-Use (Construction, Manufacturing, Oil & Gas, Mining, Medical, Defense, Firefighters, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • Protective Industrial Products has acquired Industrial Starter, S.p.A. This acquisition is expected to enable the company to expand its operations in southern and eastern Europe.

  • Honeywell International Inc. has acquired Rocky Research. This acquisition expands the company’s existing portfolio, which includes power generation systems, energy storage, and power and thermal management systems.

Global Protective Clothing Market Size, Forecast, and Trend Highlights Over 2023 - 2033

Base Year

2022

Forecast Year

2023-2033

CAGR

~7%

Base Year Market Size (2022)

~ USD 10 Billion

Forecast Year Market Size (2033)

~ USD 18 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)

 

The global protective clothing market is estimated to garner a revenue of ~USD 18 Billion by the end of 2033 by growing at a CAGR of ~7% over the forecast period, i.e., 2023 – 2033. Further, the market generated a revenue of ~USD 10 Billion in the year 2022. The primary growth factor of the expansion of protective clothing market size is the rapid booming textile industry across the world. The revenue generation of the global textile industry in 2018 was approximately USD 900 billion, which is further anticipated to reach USD 1,250 billion by 2024, with a steady CAGR of nearly 5%.

protective clothing market overview image

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In the recent years, concerns related towards workplace safety has grown considerably in every sector. Be it in healthcare, chemical, construction, food processing or manufacturing industries, the high number of mortalities and accidental injuries is expected to drive the protective clothing market in the recent years. Thus, the presence of large number of textile businesses in the world is expected to bolster the production of protective clothing in the upcoming years.  The total number of textile and cloth manufacturing companies in the European Union was calculated to be 143,000 in the year 2021.

Global Protective Clothing Market: Growth Drivers and Challenges

Growth Drivers

  • Prevalence of Industrial Accidents – The recent industrialization has propelled the expansion of numerous industries. But on the other hand, the number of fatalities and accidents has also increased considerably. To protect the employees, the demand of protective clothing is expected to increase rapidly. The total number of fatal work injuries in the United States was calculated to be around 5,000 in 2020.

  • Rise in Cases of Structure Fires – Protective clothing is required in emergencies such as fires and are worn by personnel such as firefighters and first responders. The recent statistics reported that in 2020, there were almost 500,000 structure fires in the United States, an increment of 2 percent from 2019.

  • High Investments by Companies in R&D Activities – Development of new technologies and improvements in protective fabrics are undoubtedly a very important factor helping in the growth of the protective clothing market. World Bank showed the data of Research and Development expenditure to be 2.63% of total GDP in 2020, up from 2.13% of total GDP in 2017. 

  • Rapid Industrialization and Urbanization – People working in industries such as construction and manufacturing often need to wear protective garments to help mitigate the risks associated in their lie of work. According to the United Nations Organization released the data stating that about 55% of the global population was living in urban areas in 2018, which is forecasted to increase to 68% by 2050.

Challenges

  • Concerns Related to Wearability Issues

  • High Investment Costs

  • Constant Fluctuation in Costs of Raw Materials – With global economic instability and volatile changes in the prices of crude oil, which indirectly or directly affects the prices of synthetic fibers such as nylon or rayon. These factors affect the costs incurred in the manufacture of protective clothing.

The protective clothing market is segmented and analysed for demand and supply by end-use into construction, manufacturing, oil & gas, mining, medical, defence, firefighters, and others. Out of these, the construction segment is attributed to garner the highest market share by 2033, owing to the expansion of construction sector. A recent report stated that in 2019, the construction industry in the U.S. generated a revenue of approximately USD 2 trillion. Further, the rising demand of construction processes across various industries along with the growth in Gross Domestic Product (GDP) and industrialization is expected to bolster the growth of construction segment in the assessment period.

 Global Protective Clothing Market Regional Synopsis

The Asia Pacific protective clothing market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033, owing to the increasing demand and manufacturing of textile fibers in the region. The report anticipated that China was the top-ranked global textile exporter in 2021 with a value of approximately USD 120 billion, almost 52% of the total textile export industry in Asia. Also, the employment rate in the clothing industry along with the rapid urbanization and rising industries are expected to bring lucrative growth opportunities for the protective clothing market growth in the forecast period. According to International Labor Organization, around 65 million people were employed in the garment sector in Asia-Pacific, which accounts for 75% of all garment workers worldwide.

Market Segmentation

Our in-depth analysis of the global protective clothing market includes the following segments:

        By Material Type

  • Aramid & Blends
  • Polyolefin & Blends
  • Polyamide
  • PBI
  • Cotton Fibers
  • Laminated Polyesters
  • Others

       By Application

  • Thermal
  • Mechanical
  • Chemical
  • Radiation
  • Others

        By End-Use

  • Construction
  • Manufacturing
  • Oil & Gas
  • Mining
  • Medical
  • Defense
  • Firefighters
  • Others

Top Featured Companies Dominating the Global Protective Clothing Market

  • Protective Industrial Products

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Honeywell International Inc.
  • Lakeland Inc.
  • 3M
  • DuPont de Nemours, Inc.
  • Ansell Group
  • KIMBERLY-CLARK CORPORATION
  • Teijin Aramid BV
  • Sioen Industries NV
  • Cintas Corporation

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