Protective Textile Market Size Is Determined to Cross a Value of $ 8,802.2 Million by 2026
Thursday, October 03, 2019
Press release from the issuing company
Market Study Report adds Protective Textile market report that gives meticulous investigation of current scenario of the market size, share, demand, growth, trends, companies active in the industry and forecasts for the coming years.
According to a new research the worldwide 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 global Protective Textiles market.
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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 market during the forecast period owing to high-risk working environments and stringent government regulation regarding workplace safety.
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 well-known companies profiled in the report include Ansell Limited, 3M Company, Honeywell International Inc., Teijin Limited, E. I. Dupont De Nemours and Company, Milliken & Company, W. L. Gore & Associates, Inc., DyStar Group, ARGAR S.r.l, Marina Textil S.L., Royal Tencate NV, and Kimberly Clark Corp among others. 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 rapidly increasing need to provide safety at workplace majorly drives the growth of this market. Introduction of stringent Government regulations regarding workplace safety, and increasing demand of protective textiles from different industries support the market growth. 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 protective textiles market in the coming years.
This Report has segmented the global Protective Textile market on the basis of type, product, end user and region:
Protective Textile Market Share, by Material
· Laminated Polyesters
· Cotton Fibers
· Polyolefin & Blends
Protective Textile Market Growth, by Application
More Details on this Report At: https://www.marketstudyreport.com/reports/protective-textile-market-by-material-aramid-blends-polyamide-laminated-polyesters-cotton-fibers-polyolefin-blends-others-by-application-mechanical-thermal-electrical-chemical-radiation-others-by-end-user-defense-manufacturing-and-construction-mining-oil-and-gas-space-exploration-healthcare-emergency-services-others-by-region-market-size-forecast-2017-2026/?utm_source=Whattheythink.com-AN
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