Protective Clothing Market worth $12.3 billion by 2025, at a CAGR of 6.9%

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Nov 25, 2020 (AB Digital via COMTEX) —
The protective clothing market size is projected to reach USD 12.3 billion by 2025 from USD 8.8 billion in 2020, at a CAGR of 6.9% between 2020 and 2025. Rising awareness about the safety of workers and industrial development in developing economies are expected to support the growth of the protective clothing market. The high price of specialized clothing and the requirement of massive investment for R&D are restraining the growth of the market. On the other hand, the use of phase change materials (PCMs) and rising demand for multifunctional clothing have created opportunities for manufacturers. The players in the protective clothing market are mainly concentrating on new product launches, acquisitions, agreements, and expansions to meet the growing demand for protective clothing from various applications. New product launches help companies strengthen their product portfolio and meet the specific demands of customers.

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PBI is expected to be the fastest-growing segment of the overall protective clothing market during the forecast period.

On the basis of material type, the protective clothing market has been segmented into aramid & blends, PBI, polyamide, cotton fibers, polyolefin & blends, laminated polyesters, UHMW PE, and others. The PBI segment is estimated to register the highest CAGR in terms of value, of the global protective clothing market. The use of PBI in producing protective clothing has increased, as it reduces the overall cost of the clothing and blends easily with other fibers. Protective clothing made from PBI has applications in the automotive, aerospace, firefighting, oil & gas, military, and other industries.

The manufacturing segment is projected to be the largest end-use industry of protective clothing during the forecast period.

The manufacturing segment is projected to dominate the protective clothing market during the forecast period. Governments of various countries have introduced safety regulations for the manufacturing industry. These regulatory policies include the use of safety equipment to reduce accidents and uncertainties in the industry.

North America is expected to account for the largest share of the protective clothing market during the forecast period.

North America is expected to account for the largest market share in protective clothing during the forecast period, in terms of value. The regulations in the region mandate the use of durable and high-performance clothing that can protect the wearer from various threats. The rising awareness among medical professionals regarding healthy medical practices is increasing the demand for protective clothing in the healthcare/medical industry.

The key market players profiled in the report include as 3M Company (US), E.I. du Pont de Nemours and Company (US), Ansell Limited (US), Kimberly Clark Corp (US), Teijin Limited (Japan), Sioen Industries (Belgium), and Lakeland Industries, Inc. (US).

3M Company (US) is developing its protective clothing segment by launching new products and expanding its global presence through acquisition. 3M acquired Scott Safety (US) from Johnson Controls (US) in 2017. The acquisition helped the company widen its product portfolio of safety products & solutions. The company also acquired Ivera Medical Corp. (US) in 2015, thereby expanding its business in the healthcare sector. It has the opportunity to develop more efficient and durable products for global sale.

E.I. du Pont de Nemours and Company (US) focuses on R&D projects to produce protective fabrics and clothing for defense, law enforcement, chemical, industrial, and other applications. The strong supply chain and distribution network of the company helps it to have a competitive edge over its competitors. The advanced protective clothing offered by the company finds high demand in the commercial market. The company, through various agreements, has improved its presence in emerging markets of APAC.

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