North America Asbestos Gloves Market: Industry Overview and Forecast (2022-2027) Type, Application and Region

  • North America Asbestos Gloves Market is expected to grow at a CAGR of 2.9% during the forecast period. North America Asbestos Gloves Market is expected to reach US$ 143.44 Mn. in 2027 from US$ 120.83 Mn in 2021

  • Format : PDF | Report ID : SMR_692

North America Asbestos Gloves Market Overview:

The North America Asbestos Gloves Market was valued at USD 120.83 million in 2021, and is estimated to grow at a CAGR of 2.9 percent to USD 143.44 million by 2027. 

 

North America Asbestos Gloves Market

 

The North America Asbestos Gloves Market is studied by segments like Type (Two Fingers, Five Fingers), Application (Construction, Mining, Steel Plants, Glasswork, Firefighting, chemical and Others). The report consists of the Trend, Forecast, Competitive Analysis, and Growth Opportunities of the market.

 

For the forecast period of 2022 to 2027, the report provides a complete analysis that reflects today's North America 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.

 

Covid-19 Impact on North America 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 North American 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.

 

North America Asbestos Gloves Market Dynamics:

According to the National Fire Protection Association, there were 1,080,800 career & volunteer firefighters in 2021, in the United States. There were 358,000 career firefighters (33%) and 722,800 volunteer firefighters (67%) among the overall number of firemen. Due to this, firefighting industry demands a large share of Asbestos Gloves in the North American region and hence it is a significant market driver.

 

North America also has a significant number of foundries, steel factories, and glasswork factories, where asbestos protective equipment is widely used. The market will continue to rise as welders, metalworkers, and glassblowers increase their use. The rising number of steel plants & increasing glass production activities in North America are expected to boost the market size of asbestos gloves from 2021 to 2027. In order to maintain firm standards, increased industrialization among most developing countries has paved the way for improved employee safety and security.

 

Another major driver for market growth is the increasing government backing and rising instances of hand injuries. According to the United States Bureau of Labor Statistics, out of a total of 286,810 non-fatal occupational hazards to upper extremities that resulted in days away from work in private business in 2021, more than 123,990 affected hands.

 

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.

 

 

North America Asbestos Gloves Market Segment Analysis:

Based on Type, the North America Asbestos Gloves Market is classified into Two Fingers and Five Fingers. Five Finger gloves has the major share in this segments 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.

 

North America Asbestos Gloves Market

 

 

Based on Application, the North America 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 % 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.

 

North America Asbestos Gloves Market Regional Insights:

North America, the country with the major share in the North America Asbestos Gloves Market, is expected to grow significantly over the forecast period. 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 North America Asbestos Gloves Market in this region to grow. The North America 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.

 

North America Asbestos Gloves Market

 

 

Objective:

To understand the Asbestos Gloves industry in North America 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 North America 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 North America Asbestos Gloves Market.

 

 

North America Asbestos Gloves Market Scope :

 

North America Asbestos Gloves Market

Market Segmentation

Market Indicators:

Details

by Type

  • Two-Fingers
  • Five Fingers

Historical Data:

2016-2020

by Application

  • Construction
  • Mining
  • Steel Plants
  • Glasswork
  • Firefighting
  • Chemical
  • Others

Forecast Period:

2022-2027

by Region

  • USA
  • Canada
  • Mexico

Base Year:

2021

CAGR:

2.9%

Market Size in 2021:

USD 120.83 Mn

Market size in 2027:

USD 143.44 Mn

 

North America Asbestos Gloves Market Key Players

 

 


Frequently Asked Questions

The segments of Application, Type and Region are covered in the North America Asbestos Gloves Market report.

  1. Scope of the Report
  2. Research Methodology
    • Research Process
    • North America Asbestos Gloves Market: Target Audience
    • North America Asbestos Gloves Market: Primary Research (As per Client Requirement)
    • North America Asbestos Gloves Market: Secondary Research
  3. Executive Summary
  4. Competitive Landscape
    • Market Share Analysis by Region in 2022 (%)
      • North America
    • Stellar Competition matrix
      • North America Stellar Competition Matrix
    • Key Players Benchmarking: by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
    • Mergers and Acquisitions in Industry: M&A by Region, Value, and Strategic Intent
    • Market Dynamics
      • Market Drivers
      • Market Restraints
      • Market Opportunities
      • Market Challenges
      • PESTLE Analysis
      • PORTERS Five Force Analysis
      • Value Chain Analysis
  5. North America Asbestos Gloves Market Segmentation
    • North America Asbestos Gloves Market, by Country (2021-2027)
      • United States
      • Canada
      • Mexico
    • North America Asbestos Gloves Market, by Type (2021-2027)
      • Two-Fingers
      • Five-Fingers
    • North America Asbestos Gloves Market, by Application (2021-2027)
      • Construction
      • Mining
      • Steel Plants
      • Glasswork
      • Firefighting
      • Chemical
      • Others
  6. Company Profiles
    • Key Players
      • Unarco (USA)
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Business Strategy
        • Key Developments
      • Steel Grip (USA)
      • Fisher Scientific Company (USA)
      • Guard-Line (USA)
      • Others
  7. Key Findings
  8. Recommendations

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