- The key vendors in the Global Chemical Protective Clothing Market 2015-2019 are 3M Co., Ansell Ltd., E.I. du Pont de Nemours and Co., Honeywell International Inc., Kimberley-Clark Corp., Royal TenCate NV and Teijin Ltd.
London, 20 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Chemical Protective Clothing Market 2015-2019. Collaboration between consumers and suppliers of chemical protective clothing to remove intermediaries and reduce overall operating costs is one major trend emerging in this market. Consumers in developed countries in the Americas and Europe, especially in the US and the Nordic region, are working closely with manufacturers of chemical protective clothing to create specialized products that cater to their own unique requirements. This is making it easier for manufacturers in these regions to minimize their production costs in the long run. The Global Chemical Protective Clothing market is expected to grow at a CAGR of 6.67 percent during the forecast period of 2014-2019.
There has been a rapid increase in the use of chemical protective clothing in the emerging economies in the Americas, especially Latin America, owing to the significant growth of the Chemical industry in this region. The growth of this industry can be attributed to the development of the Pharmaceutical industry in Brazil and Argentina and the expansion of the Petrochemical industry in Mexico, Chile, and Colombia in recent years.
“Manufacturers in the market are spending extensively on R&D to develop new and efficient products to reduce their overall operating costs and increase their market share,” says Faisal Ghaus, Vice President of TechNavio Research.’
“Cellulose fiber-based chemical protective clothing is strengthened using MOF and can be used to prevent certain gases from penetrating and affecting the health of employees.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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