Mechanical industrial safety gloves market will witness over 7.5% CAGR in terms of revenue up to 2024. These products are highly durable and work effectively in machinery manufacturing, handling and maintenance. Increasing workers’ protection concerns against higher mechanical risk associated with several industries including construction, automotive, mining, manufacturing, steel, machinery, and the equipment industry will enhance the overall business expansion.
Natural rubber industrial safety gloves market is projected to surpass 4 billion units by 2024. Natural rubber latex is used in the manufacturing process owing to the resistance offered by it against acids, iodine, chlorine, formaldehyde and bases. Increasing natural rubber protective glove usage in the manufacturing and food processing applications will augment the product portfolio. Key properties such as high durability, dexterity, fitting and comfort along with environmentally friendly and cost-effective will further boost the business expansion.
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Even more than a decade back, studies had brought to the forefront compelling figures that can account for the solid stance of the industrial safety gloves market back then. The study conducted by the U.S. Centers for Disease Control and Prevention found that nearly 1,080,000 emergency room visits per annum by workers in the US can be contributed to hand injuries. Hand and finger lacerations also accounted for more than 110,000 days-away-from-work.
During the same time, according to figures compiled by the U.S. Bureau of Labor Statistics, the American Road and Transportation Builders Association, the National Safety Council, and the International Safety Equipment Association, it was found that the construction industry in the U.S. spends $48 million to compensate for hand injuries rather than the $8.3 million it should be spending by simply equipping all workers with protective gloves.
Companies have now come to understand that the amount spent to cover the cost of hand injuries every year is greater than the amount spent to provide laceration and abrasion resistant gloves and ensuring their use. This realization has only served to increase in the last few years, majorly propelling industrial safety gloves industry trends
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In the past it has often been noticed that though safety gloves were provided, workers often took them off to gain the sense of toughness and increased dexterity to perform tasks. However, the advent of innovations in industrial safety gloves industry and advancements in the glove manufacturing process has ensured that wearing gloves during work is more rewarding than cumbersome. Traditional leather and heavy polymer glovers are being replaced with lighter and ergonomically designed ones that are registering more acceptance among workers.
Lightly coated, flat-dipped gloves have found increased popularity among workers as they are not only comfortable but also cut down on hand fatigue. Industrial safety gloves market players are working to develop lightweight gloves that encourage continual wear and can be used to perform a broad range of tasks.
Gloves coated with PVC, natural rubber, nitrile or polyurethane are garnering wider recognition for use in performing a variety of tasks as they are easier to work with and are therefore worn longer. According to estimates, natural rubber industrial safety gloves industry size was valued at over $1.7 billion in 2017. Nitrile industrial safety gloves market size however, driven by improved chemical and barrier protection, was pegged at 300 million units in 2017.
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The application spectrum of industrial safety gloves market is appreciably widespread. The construction industry, for example, has emerged as one such field of work where the requirement for safety gloves is a basic necessity. Prominent players have been manufacturing special gloves to protect workers from lacerations received from handling rough and sharp building materials such as glass, roofing or metal; chemical burns; the possible poisonous effects of chemicals in Portland cement and injury from the materials and tools handled in the course of a day’s work. Another industry that does not involve as much danger of lacerations but requires increased use of safety gloves to avoid particle contamination is the semiconductor industry.
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