Market Overview
The global insulating gloves market is expected to grow at a CAGR of around 5% during the forecast period. The increasing demand for electrical safety in various end-use industries is one of the major factors driving the growth of the market.
In terms of material, the natural rubber segment is expected to hold the largest share of the market owing to its superior properties such as electrical resistance and flexibility. However, synthetic rubber materials are anticipated to witness the highest growth during the forecast period due to their increasing use in applications where extreme temperatures are experienced.
On the basis of the end-use industry, the construction sector is projected to be the largest contributor to market growth due to rising investments in infrastructural development across the globe. The oil & gas industry is also expected to be a key driver for market growth on account of strict regulations regarding employee safety in this sector.
The rising demand for personal protective equipment (PPE) from various end-use industries, such as construction, automotive, and electronics, is expected to drive the growth of the market. Moreover, the increasing awareness about workplace safety is also anticipated to contribute to market growth.
However, the high cost of raw materials and the stringent regulations associated with the use of insulating gloves are some of the factors that are expected to restrain the market growth.
Market Dynamics
The insulating gloves market is driven by the rising awareness about work-related injuries and the need for personal protective equipment. The growing construction industry is also a major factor driving the growth of the market. In addition, the increasing demand from the utility sector is another important factor fueling the market growth. However, the high cost of raw materials and the stringent regulations regarding the use of gloves are some of the major factors restraining the growth of the market.
Covid-19 Impact on Insulating Gloves Market:
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumers' purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of consumers have shifted towards online shopping from March 2020 to December 2020.
Report Includes
An overview of the global Insulating Gloves market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Insulating Gloves market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Insulating Gloves market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Insulating Gloves market for components from 2022 through 2029
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extremely rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and Porter's five forces analysis. This chapter provides detailed insights of the market which derives the market trends, changing phase of investments, and scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, data triangulation and market breakdown procedures are being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global insulating gloves market is segmented on the basis of type, end-use industry, and geography.
Type: The market is segmented into natural rubber gloves, neoprene gloves, nitrile gloves, and others.
End-Use Industry: The market is segmented into utilities, telecommunications, oil & gas, manufacturing, and others.
Geography: The market is segmented into North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
The utility sector is the largest customer of insulating gloves globally. The increased investments in renewable energy generation projects have resulted in higher demand for insulating gloves from this sector. Oil & gas and manufacturing are the other major consumers of insulating gloves. North America is the largest market for insulating gloves followed by Europe and Asia Pacific.
Global Insulating Gloves market Competitive Analysis:
Key players in the Global Insulating Gloves market are Ноnеуwеll Іntеrnаtіоnаl Іnс., Аnѕеll Ltd., Саrhаrtt Іnс., Маgіd Glоvеѕ & Ѕаfеtу, МСR Ѕаfеtу, Ѕесurа, Ѕhоwа, Gb Іnduѕtrіеѕ Ѕdn Вhd, Сеmеntех Рrоduсtѕ, Іnс, Ѕісаmе Аuѕtrаlіа Рtу Ltd, Yоtѕugі Со., Ltd., Dесо Іnduѕtrіаl Glоvеѕ, Масrоn Ѕаfеtу Іnс., аnd ВІNАМЕ Еlесtrо glоvе and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The Global Insulating Gloves market is distributed on the basis of the below-mentioned segments:
Global Insulating Gloves Market, By types:
The global insulating gloves market is expected to grow at a CAGR of around 5% during the forecast period. The increasing demand for electrical safety in various end-use industries is one of the major factors driving the growth of the market.
In terms of material, the natural rubber segment is expected to hold the largest share of the market owing to its superior properties such as electrical resistance and flexibility. However, synthetic rubber materials are anticipated to witness the highest growth during the forecast period due to their increasing use in applications where extreme temperatures are experienced.
On the basis of the end-use industry, the construction sector is projected to be the largest contributor to market growth due to rising investments in infrastructural development across the globe. The oil & gas industry is also expected to be a key driver for market growth on account of strict regulations regarding employee safety in this sector.
The rising demand for personal protective equipment (PPE) from various end-use industries, such as construction, automotive, and electronics, is expected to drive the growth of the market. Moreover, the increasing awareness about workplace safety is also anticipated to contribute to market growth.
However, the high cost of raw materials and the stringent regulations associated with the use of insulating gloves are some of the factors that are expected to restrain the market growth.
Market Dynamics
The insulating gloves market is driven by the rising awareness about work-related injuries and the need for personal protective equipment. The growing construction industry is also a major factor driving the growth of the market. In addition, the increasing demand from the utility sector is another important factor fueling the market growth. However, the high cost of raw materials and the stringent regulations regarding the use of gloves are some of the major factors restraining the growth of the market.
Covid-19 Impact on Insulating Gloves Market:
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumers' purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of consumers have shifted towards online shopping from March 2020 to December 2020.
Report Includes
An overview of the global Insulating Gloves market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Insulating Gloves market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Insulating Gloves market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Insulating Gloves market for components from 2022 through 2029
The Executive Summary provides a snapshot of the key findings of the report. The introduction chapter includes the research scope, market segmentation, research methodology, and definitions and assumptions. It involves extremely rigorous scientific methods, tools, and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with industry experts and professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, the latest technological advancement, regulatory landscape, SWOT analysis, and Porter's five forces analysis. This chapter provides detailed insights of the market which derives the market trends, changing phase of investments, and scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes the profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, data triangulation and market breakdown procedures are being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global insulating gloves market is segmented on the basis of type, end-use industry, and geography.
Type: The market is segmented into natural rubber gloves, neoprene gloves, nitrile gloves, and others.
End-Use Industry: The market is segmented into utilities, telecommunications, oil & gas, manufacturing, and others.
Geography: The market is segmented into North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
The utility sector is the largest customer of insulating gloves globally. The increased investments in renewable energy generation projects have resulted in higher demand for insulating gloves from this sector. Oil & gas and manufacturing are the other major consumers of insulating gloves. North America is the largest market for insulating gloves followed by Europe and Asia Pacific.
Global Insulating Gloves market Competitive Analysis:
Key players in the Global Insulating Gloves market are Ноnеуwеll Іntеrnаtіоnаl Іnс., Аnѕеll Ltd., Саrhаrtt Іnс., Маgіd Glоvеѕ & Ѕаfеtу, МСR Ѕаfеtу, Ѕесurа, Ѕhоwа, Gb Іnduѕtrіеѕ Ѕdn Вhd, Сеmеntех Рrоduсtѕ, Іnс, Ѕісаmе Аuѕtrаlіа Рtу Ltd, Yоtѕugі Со., Ltd., Dесо Іnduѕtrіаl Glоvеѕ, Масrоn Ѕаfеtу Іnс., аnd ВІNАМЕ Еlесtrо glоvе and among other players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The Global Insulating Gloves market is distributed on the basis of the below-mentioned segments:
Global Insulating Gloves Market, By types:
- High-voltage Insulating Gloves
- Ordinary Insulating Gloves
- Others
- Electrical and Electronics
- Automotive Industry
- Power Industry
- Communication Industry
- Others
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
INSULATING GLOVES MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2022-2029
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Insulating Gloves Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Insulating Gloves Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Insulating Gloves Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Insulating Gloves Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Insulating Gloves Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Insulating Gloves Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
