Industrial Protective Clothing Market Hits USD 4.06 Billion By 2020: Grand View Research, Inc.

The Global Industrial Protective Clothing Market is expected to reach USD 4.06 billion by 2020, according to a new study by Grand View Research, Inc. Increasing industrialization in emerging markets of India and China coupled with rising importance of safety in industries and emergence of blue collar workforce are expected to remain key driving forces for the market. High cost and complex manufacturing process associated with industrial protective clothing are expected to be key challenges for market participants.

Chemical defending garments emerged as the leading application segment for industrial protective clothing and accounted for 36.8% of total market volume in 2013. Chemical defending garments are used for protecting skin from hazardous chemicals usually used in laboratories and chemical industries. Flame retardant apparel is expected to be the fastest growing application segment for industrial protective clothing at an estimated CAGR of 11.1% from 2014 to 2020.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/industrial-protective-clothing-market

Further key findings from the study suggest:

• Global industrial protective clothing demand was 2,519.4 million square meters in 2013 and is expected to reach 5,048.4 million square meters by 2020, growing at a CAGR of 10.7% from 2014 to 2020.

• North America continued its dominance in the global market and accounted for 55.5% of total market volume in 2013. However, Asia Pacific is expected to be the fastest growing regional market for industrial protective clothing, at an estimated CAGR of 12% from 2014 to 2020. Growth of industrialization coupled with government interventions to increase safety for industrial workers is expected to drive its demand over the next six years.

• Developed economies of North America and Europe are fairly mature markets for industrial protective clothing and are driven by technological advancement and aware consumers. European market for industrial protective clothing is expected to reach a market worth USD 953.5 million by 2020.

• Key companies in the market include DuPont, Royal TenCate NV, W. L. Gore & Associates, Honeywell International, Lakeland Industries Inc., PBI Performance Product Inc., Kimberly Clark, Benette Safetywear Ltd., and Bulwark Protective Apparel. Companies such as Ansell Limited, Teijin Limited, and Australian Defense Apparel are key participants in emerging markets of India, Japan and China.

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For the purpose of this study, Grand View Research has segmented the Industrial Protective Clothing market on the basis of application and region:

Global Industrial Protective Clothing Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)

            • Flame retardant apparel

            • Chemical defending garments

            • Clean room clothing

            • Others

Global Industrial Protective Clothing Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2012 - 2020)

            • North America

            • Europe

            • Asia Pacific

            • RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:

Sherry James

Corporate Sales Specialist, U.S.A.

Grand View Research, Inc.

United States           

Phone:  1-415-349-0058

Toll Free:  1-888-202-9519

Email:  sales@grandviewresearch.com 

Website:  Grand View Research                          

Blog Site: http://www.divog.org/

Rare Earth Elements Market To 2020- Industry Trends, Forecast: Grand View Research, Inc.

The global market for rare earth elements is expected to reach USD 10.96 billion by 2020, according to a new study by Grand View Research, Inc. Growing demand for metal catalysts such as Cerium and Lanthanum  is expected to drive the market over the next six years. These metal catalysts find applications across a host of industries including automobiles, metallurgy, phosphors and glass among others. In addition, growing market for permanent magnets is expected to particularly boost the demand for Neodymium. 

Certain rare earth elements such as terbium, europium and yttrium find applications in the phosphor industry. Phosphor is a vital component in the manufacturing of LCD screens and CRT displays, the growing electronic industry; particularly in Asia Pacific is expected to increase the demand for these elements. Depleting reserves, stringent regulatory framework, complex extraction and capital intensive nature of the extraction process are expected to be key challenges for market participants over the next six years. Recycling of these elements from waste could prove to be a key opportunity for the market in the near future. 

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/rare-earth-elements-market

Further Key findings from the study suggest:

• Cerium dominated the global market and accounted for nearly 40% of rare earth element consumption in 2013, finding a surge in demand as a catalyst. Other predominantly consumed elements include Lanthanum, Neodymium, Praseodymium and Yttrium among others.

• Key applications of rare earth elements include metallurgy, polishing, catalyst and magnets. Magnets and metallurgy was the largest application segment for the market and together accounted for over 40% of consumption in 2013. Metallurgy is expected to witness fastest growth over the forecast period due to the use of elements such as cerium, lanthanum, neodymium and yttrium, which are primarily added to improve physical properties of the metal.

• Asia Pacific was the largest consumer of rare earth elements in 2013, with estimated market revenue of over USD 3.74 billion. The region is also expected to witness fastest growth in terms of consumption, at an estimated CAGR of 11.9 % from 2014 to 2020. Growing industrialization and extraction activities in China are the primary factors responsible for high growth in Asia Pacific.

• North America was the second largest consumer of rare earth elements in 2013 and consumed over 14 kilo tons. However, the region is expected to lose market share to the high growth regions of Latin America, Middle East and Asia Pacific over the forecast period.

• Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co and China Rare Earth Holdings were the largest suppliers of rare earth element in 2013, together accounting for over 33% of total market revenue. Other key companies in the market include Indian Rare Earths Ltd, Molycorp, Great Western Mineral Group and Lynas Corporation Limited among others.

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For the purpose of this study, Grand View Research has segmented the global rare earth elements market on the basis of products, application and region:

Rare Earth Elements Product Outlook,

        • Cerium

        • Dysprosium

        • Erbium

        • Europium

        • Gadolinium

        • Holmium

        • Lanthanum

        • Lutetium

        • Neodymium

        • Praseodymium

        • Promethium

        • Samarium

        • Scandium

        • Terbium

        • Thulium

        • Ytterbium

        • Yttrium

Rare Earth Elements Application Outlook,

        • Magnets

        • Catalysts

        • Metallurgy

        • Polishing

        • Glass

        • Phosphors

        • Ceramics

        • Other

Rare Earth Elements Regional Outlook,

        • North America

        • Europe

        • Asia Pacific

        • RoW

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:

Sherry James

Corporate Sales Specialist, U.S.A.

Grand View Research, Inc.

United States           

Phone:  1-415-349-0058

Toll Free:  1-888-202-9519

Email:  sales@grandviewresearch.com 

Website:  Grand View Research                          

Blog Site: http://www.divog.org/

Geosynthetics Market Share, Analysis, Trends To 2022 by Grand View Research, Inc.

Global geosynthetics market is expected to reach USD 27.08 billion by 2022, according to a new study by Grand View Research, Inc. Construction industry growth in India, China and Middle East, on account of rising expenditure on infrastructure development is expected to be a crucial driving factor for geosynthetics market growth.
Increasing application of geotechnical products for controlling seepage problems in building and irrigation projects is expected to have a favourable impact. Growing shale gas production in U.S. and Canada on account of increasing expenditure on hydraulic fracturing at domestic level may drive industry growth in the near future.

View summary of this report @ http://www.grandviewresearch.com/industry-analysis/geosynthetics-market

Further key findings from the study suggest:

• Global geosynthetic market size was 6,124.0 million square meters in 2014 and is expected to reach above 9,000.0 million square meters by 2022, growing at a CAGR of 5.1% from 2015 to 2022.
• Roads & pavements accounted for over 30% of global volume in 2014. Geogrids and geotextiles are incorporated for soil reinforcement and facilitating filtration during road construction.
• Containment & waste water application is expected to witness the fastest growth in terms of volume, at a CAGR of 5.7% from 2015 to 2022. Rising importance of waste water treatment in mining and upstream oil & gas sectors is expected to increase geotechnical product use in the near future.
• Asia Pacific geosynthetic market was valued over USD 6,100 million in 2014. The Government of India announced Make in India Campaign in September 2014 which is aimed at increasing manufacturing output through foreign direct investment at domestic level. This supportive plan is expected to increase expenditure in construction industry and thus likely to have a positive impact on the market.
• Key geosynthetic manufacturers include Agru America Inc, TenCate, NAUE, Low & Bonar PLC, GSE, Asahi-Kasei and Officine Maccaferri. In February 2015, Propex launched erosion control solution under the brand name, Propex TeetoGreen technology, intended for the golf course industry. This technology is designed for providing solution to challenges pertaining to soil erosion faced by club managers, golf course owners, builders and superintendents.

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Grand View Research has segmented the global geosynthetics market on the basis of product, application and region:

Global Geosynthetics Product Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2022)

• Geotextiles
• Geomembranes
• Geogrids
• Geonets
• Others

Global Geosynthetics Application Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2022)

• Road & Pavements
• Railroads
• Drainage Systems
• Soil Reinforcement & Erosion
• Containment & Waste Water
• Others

Global Geosynthetics Regional Outlook (Volume, Million square meters; Revenue, USD Million, 2012 - 2022)

• North America
• U.S.
• Europe
• Germany
• Asia Pacific
• China
• Australia
• Latin America
• Brazil
• MEA

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:

Sherry James

Corporate Sales Specialist, U.S.A.

Grand View Research, Inc.

United States           

Phone:  1-415-349-0058

Toll Free:  1-888-202-9519

Email:  sales@grandviewresearch.com 

Website:  Grand View Research                          

Blog Site: http://www.divog.org/