Allied Market Research has released a new report titled “Protective clothing market in North America by material type (aramid and blends, polyolefin and blends, polybenzimidaloes (PBI), cotton fibers, laminated polyesters and others), application (thermal, mechanical, chemical, biological/radiation and others) and end use industry (oil & gas, construction & manufacturing, pharmaceutical /Medical, Military & Defense, Firefighting and Others): Opportunity Analysis and Industry Forecast, 2020-2027“The report provides a comprehensive analysis of the key growth strategies, drivers, opportunities, key segments, Porter’s Five Forces Analysis and the competitive landscape. This study is a helpful source of information for market participants, investors, VPs, stakeholders and new entrants to gain a thorough understanding of the industry and determine steps that need to be taken to gain competitive advantage.
Increasing investment in R&D activities and increasing demand from the end-user industry are driving the growth of the North American protective clothing market. However, high acquisition costs hinder market growth. In contrast, the increasing demand for phase change materials and multifunctional clothing will create new opportunities in the coming years.
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The North American protective apparel market generated US$2.9 billion in 2019 and is expected to reach US$3.8 billion by 2027, growing at a CAGR of 5.4% from 2020-2027. The report provides detailed analysis of changing market trends, market forecast and key investment pockets, top winning strategies, key segments, value chain and competitive scenario.
The study provides detailed segmentation of the North American protective clothing market based on material type, application, end-use industry and country.
Based on material type, the Aramids & Blends segment accounted for almost a third of the total share in 2019 and is…
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