Portland, OR -- (SBWIRE) -- 02/28/2018 -- Global protective clothing market was valued at $8,003 million in 2015, and is expected to reach $10,211 million by 2022, supported by a CAGR of 3.6% during the forecast period 2016 to 2022. All fabrics are protective to some extent but protective clothing are not only concerned to protect just from daily needs but also from situations where hazards or risks are present and that have the potential to be life threatening or pose considerable potential for injury or damage to the person working in and around the hazard.

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Protective clothes are designed to prevent the person and/or product from coming in contact with adverse elements of the environment, thus providing protection, and/or reducing the risk of exposure. Based on the industry, protective clothing can be of fire & heat resistant, chemical resistant, cold resistant, ballistic & mechanical resistant, and UV resistant.

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The industry players made significant investments on new commercial avenues for their product segments via strategic partnerships & collaborations. Governmental funding towards extensive research and development activities coupled with an increasing support for application of protective clothing. There is a rise in demand for protective clothing from various end-user industries and an increase in application scope owing to its superior properties. Also, the decrease in prices of protective clothing owing to the improving manufacturing technologies is expected to drive the demand for protective clothing over the forecast period. However, factors such as high price of protective clothing and a constant threat of substitution are expected to hamper the market growth during the forecast period.

In the year 2015, construction & manufacturing was the largest end-user industry accounted for majority of the market share owing to the stringent government regulations regarding worker safety, followed by oil & gas, law enforcement & military, firefighting and pharmaceuticals segment. The thermal segment is accepted to generate highest revenue over the forecast period owing to the increasing demand for fire and flame resistant clothing from various end-user industries, whereas, the radiation segment is expected to grow at the fastest rate over the forecast period.

Key Findings of the Protective Clothing Market

1. Radiation segment is expected to witness highest CAGR of 4.4% during the forecast period.

2. Aramid and Polyolefin segment together accounted for more than half of the market share in 2015.

3. North America is expected to generate highest revenue over the forecast period, whereas, Asia-Pacific is anticipated to be the fastest growing segment in the foreseeable future.

4.In 2015, U.S. led the world demand for protective clothing and is expected to remain same during the forecast period.

5. Oil & gas segment, followed by pharmaceuticals, are expected to be the fastest growing end-user industries over the forecast period.

6. DuPont holds highest market share in the world protective clothing market.

In 2015, North America and Asia-Pacific collectively accounted for nearly two-thirds of the worldwide demand for protective clothing and are expected to maintain their lead position throughout the forecast period. However, Asia-Pacific is projected to be the fastest growing region, with a CAGR of 4.2% in value terms, followed by LAMEA, Europe and North America.

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The report provides comprehensive analysis of the key players that operate in the world protective clothing market such as 3M Company, DuPont, Teijin limited, Lakeland Industries, Workrite Uniform Company Inc., Ballyclare Limited, Glen Raven, Cetriko, W.L. Gore & Associates, and Koninklijke Ten Cate Nv. Among these 3M, DuPont, Teijin Limited, Workrite Uniform Company, and Koninklijke Ten Cate. These players occupy a major share in the world protective clothing market followed by other tier 2 and tier 3 players worldwide.