Protective Textiles Market with Emerging Technology, Latest Trends and In-depth Regional Insights during 2018 – 2026
According to a new research published by Polaris Market Research the world Protective Textiles Market is anticipated to reach around USD 8,802.2 million by 2026. In 2017, the manufacturing and construction segment dominated the global market, in terms of revenue. In 2017, Europe accounted for the majority share in the market.
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Demand and Growth Analysis: -
Introduction of stringent government regarding safety at workplace majorly drives the Protective Textiles Market growth in this region. Additionally, the increasing demand from the manufacturing and construction industries has accelerated the adoption of protective textiles in Europe. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing industrialization and growth in manufacturing industries. Rising demand from healthcare, mining, and chemical industries would supplement market growth in the region. Leading global players are expanding their presence in developing nations of China, Japan, India, Indonesia, and Malaysia to tap the growth opportunities offered by these countries.
With international labor safety standards becoming more stringent, use of protective textiles has increased across various industries. Protective Textiles are used in dangerous and unsafe work environments such as battlefields, mining sites, chemically hazardous areas, and healthcare centers among others. Protective textiles enable users to avoid risks and reduce the number of work accidents.
The rapidly increasing need to provide safety at workplace majorly drives the growth of Protective Textiles Market. Increasing investments in R&D, and initiatives taken by leading players in the market to launch innovative products to cater to the growing consumer demands further augment market growth. However, high costs of protective textiles limit the growth of the market. New emerging markets, technological advancements, and use of phase change materials would provide growth opportunities for market in the coming years.
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Key Players and End-User Segment: -
The well-known companies profiled in Protective Textiles Market report include: -
- Ansell Limited
- 3M Company
- Honeywell International Inc.
- Teijin Limited
- I. Dupont De Nemours and Company
- Milliken & Company
- L. Gore & Associates Inc.
- DyStar Group
- ARGAR S.r.l
- Marina Textil S.L.
- Royal Tencate NV
- Kimberly Clark Corp
These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The various end-users of Protective Textiles include defense, manufacturing and construction, mining, oil and gas, space exploration, healthcare, emergency services, and others. The manufacturing and construction segment is expected to lead the Protective Textiles Market during the forecast period owing to high-risk working environments and stringent government regulation regarding workplace safety.
TOC of Protective Textiles Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3 Protective Textiles Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
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