Middle East and Africa Asbestos Gloves Market: Industry Overview and Forecast (2024-2030) Type, Application and Region

Middle East and Africa Asbestos Gloves Market Overview:

 

The Middle East and Africa Asbestos Gloves Market was valued at USD 18.27  million in 2023, and is estimated to grow at a CAGR of 2.9 percent to USD 22.32 million by 2030.  The Middle East and Africa Asbestos Gloves Market is studied by segments like Type (Two Fingers, Five Fingers), Application (Construction, Mining, Steel Plants, Glasswork, Firefighting, chemical and others) and Region (Middle East and Africa, Middle East and Africa, Asia-Pacific, and Rest of the World). The report consists of the Trend, Forecast, Competitive Analysis, and Growth Opportunities of the market.

 

For the forecast period of 2024 to 2030, the report provides a complete analysis that reflects today's Middle East and Africa Asbestos Gloves Market realities and future market prospects. To provide a comprehensive perspective of the market, the research segments and analyses it in great detail. The key data and observations offered in the study can help market participants and investors identify low-hanging fruit in the market and build growth strategies.

 

 

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COVID-19 Impact on Middle East and Africa Asbestos Gloves Market:

 

During the COVID-19 pandemic that lasted for more than 2 years, numerous industries' operations had either been temporarily shut down or were operating with a reduced staff due to government-imposed lockdowns and limitations. This is no different in the Middle East and African Asbestos Glove market, and this aspect is expected to have a substantial negative impact on the industry's revenue growth. Furthermore, the high costs of installing and maintaining of the equipment may limit the Asbestos Glove market's revenue growth throughout the forecast period globally.

 

Middle East and Africa Asbestos Gloves Market Dyanmics

 

In 2021, the Committee of Associations of Middle East and African Foundries member states' iron, steel, and malleable foundries manufactured around 9.1 million tons of castings. The year on year drop in production weight was 19.8%. The six countries that lead the sector in terms of volume, namely Germany, France, Turkey, Italy, Spain, and Poland, accounting for 79.8% of ferrous metal casting production. Thus, we observe that the Middle East and African region has a good amount of share in the Asbestos Gloves market owing to this region’s foundry industry.

 

The Middle East has industries such as automotive, telecommunications, agribusiness, petrochemical, mining, copper, steel iron, banking and finance, and others to support the economy.

 

The economy in Saudi Arabia is primarily dependent on oil, and is a member of OPEC. Saudi Arabia holds the world's second most valuable natural resources, with a total value of $34.4 trillion.  It contains the world's second-biggest proven petroleum reserves and is the world's largest petroleum exporter.  It is also a "Energy Superpower" with the fifth-largest proven natural gas reserves.

 

While in Oman, Crude oil production and processing, natural & liquefied natural gas (LNG) production, cement, construction, copper, steel, chemicals, and optic fiber are just a few of the industries. On the other hand, Africa has a decent amount of oil and gas export.

 

In short, The Middle East and Africa has some of the industries where employees have to work in difficult situations which can lead to occupational hazards especially hand burns and cuts. Thus, Asbestos gloves market has a good amount of scope to grow in this area.

 

However, when asbestos gloves are frayed, ripped, or torn, the lethal fibres discharge into the air in the form of tiny dust, which may be inhaled by unknowing workers for many hours or even days.  Once inhaled, asbestos fibers get permanently entrenched in the lungs' linings, eventually producing malignant carcinogenic tumors like mesothelioma or even other forms of asbestosis.

 

Middle East and Africa Asbestos Gloves Market Segment Analysis:

 

Based on Type, the Middle East and Africa Asbestos Gloves Market is classified into Two Fingers and Five Fingers.

Five Finger gloves has the major share in this segment as there is a liberty for all fingers to move along and operate. It also provides protection from heat, cuts and is ergonomic than two-finger gloves.

 

 

Based on Application, the Middle East and Africa Asbestos Gloves Market is classified into Construction, Mining, Steel Plants, Glasswork, Firefighting, chemical and Others. Glasswork, Firefighting and Steel plants and expected to hold a large share as asbestos gloves are commonly used in the workplace to protect employees' hands from extremely high temperatures.  Since asbestos is fire-resistant material, and provides excellent insulation, it was used in the manufacture of many daily items.

 

The production of laboratory and industrial gloves and mittens, which often contained between 40 and 100 percent white chrysotile asbestos, was one of the most popular uses of asbestos. This is because it acts as an effective insulation against the high working temperatures especially for materials like hot glass, molten metals, or dangerous chemicals and caustic acids. Asbestos gloves were employed widely in a variety of industries, including foundries, smelting operations, refineries, power plants, steel mills, glass, ceramic, and textile producers, and firefighting services.

 

 

Middle East and Africa Asbestos Gloves Market Regional Insights:

 

Middle East and Africa, the country with the major share in the Middle East and Africa Asbestos Gloves Market, is expected to grow significantly over the forecast period. The Middle East and Africa Asbestos Gloves Market is expected to grow significantly due to rising demand, greater income, updated technology and machinery, as well as efforts to raise awareness of the requirement. The growth would be achievable due to marketing analytics technologies and existing companies who have been in the market since the start. Furthermore, government organizations, businesses, third-party administrations, and others are focusing their efforts on developing customer-centric goods, which will help the Middle East and Africa Asbestos Gloves Market in this region to grow.

 

To understand the Asbestos Gloves industry in Middle East and Africa and study the market trends. Focusing on the Application of Asbestos Gloves, knowing the drivers and challenges of the same. Understanding the market segment geographically to gauge the growth potential.

 

The report includes analytical models like the Porter’s Five Forces, which helps in understanding the operating environment of the competition in the Middle East and Africa Asbestos Gloves Market and thereby study the stakeholders to derive an efficient strategy; and PESTLE Analysis to gain a macro perspective of the Asbestos Gloves Industry in terms of political aspects like Government stability, policies, trade regulation and economic aspects like market trends, taxes and inflation. It also provides the effect of environmental factors and influence of social and legal aspects on the Middle East and Africa Asbestos Gloves Market.

 

Middle East and Africa Asbestos Gloves Market Scope:

Middle East and Africa Asbestos Gloves Market Scope
Market Size in 2023	USD 18.81 Mn.
Market Size in 2030	USD 23.14 Mn.
CAGR (2024-2030)	3%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By  Type Two-Fingers Five Fingers
	By   Application Mining Steel Plants Glasswork
Country Scope	South Africa GCC Egypt Nigeria Rest of the Middle East and Africa

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Middle East and Africa Asbestos Gloves Market Key Players

• Mine Africa
• Pienaar Brothers
• Modern eastern
• Sams Solutions