LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global coverall market provides an analysis on the most important trends expected to impact the market outlook from 2016-2020. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
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The global coverall market is expected to reach USD 3,488.29 million by 2020, posting a CAGR of 8.62%. |
A coverall is usually made from woven fabrics or rubber-coated rain suits. The growth of industries such as oil and gas and chemical is one of the main drivers of the FR and chemical-defending coverall market. The low-cost availability of natural gas and related liquids due to the growth in hydraulic fracturing has made the US an attractive destination to build new chemical manufacturing facilities. Around 238 chemicals companies in the US had announced investment projects in 2015.
Various governing bodies across the world scrutinize the welfare and safety of employees. For example, OSHA ensures that the employees in the US work in an environment that is free from recognized hazards that are likely to cause serious physical harm. In the light of recent accidents and reports of unsafe working conditions, these governing bodies are taking measures to ensure that the employers follow the strict regulations on working conditions, employee safety, and the mandatory use of specified protective clothing. These bodies also conduct safety inspections at workplaces to ensure the safety of the working environment.
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The top three emerging trends driving the global coverall market according to Technavio research analysts are:
- Emergence of sensor-based protective clothing
- Growing female participation in labor-intensive industries
- Technological innovations in fibers
Emergence of sensor-based protective clothing
Workers in the forestry industry require specialized cut-protection clothing. A conventional cut-protection clothing includes several layers of special materials made of ultra-strong fibers. When equipment like the chainsaw comes in the contact with the cloth, the equipment gets caught in the fabric and is stopped before the wearer is harmed. However, multiple layers limit the worker’s flexibility and increase thermal insulation, due to which, the wearer faces extra stress, especially during warmer seasons.
However, a newly developed electronic protection system, HORST, uses a technology that requires no contact between the protective clothing and the equipment. The system acts before the equipment touches even the outer layer of the system. Magnets on the guide bar of the chainsaw and the highly sensitive magnetic field sensors incorporated fabric create a type of protective electronic field around the wearer. This system aims to reduce the number of layers to a minimum so that the clothing feels lighter and has less of an insulating effect as well as provide active protection to the wearer.
Growing female participation in labor-intensive industries
“With the growing female participation in the workforce across industries worldwide, the demand for coveralls designed specifically for women is increasing. Responding to the demand from female workers and industrial laborers, manufacturers are likely to design customized coveralls for women,” says Abhay Sinha, a lead analyst from Technavio.
“Manufacturers are capitalizing on the growing female participation in labor-intensive industries by launching customized products for women,” adds Abhay.
Technological innovations in fibers
Most industrial sectors like mining, chemical, military, hospitals, and energy services involve hazardous work environments that can cause fatalities in the workplace. To prevent workplace injuries and fatalities, workers exposed to such hazardous conditions require protective clothing like coveralls.
Hazards in workplaces vary depending on the industry from low to medium protection or medium to high protection. Protective clothing creates a barrier against chemicals, extreme temperature, bacteria and viruses, and breathability. This has increased the demand for functional clothing, and manufacturers of coveralls place a high emphasis on new technologies for producing advanced fibers. With the advent of polymer technology such as melt spinning and micro fiber spinning, it has become possible to produce high-quality and high-performance structured fibers.
Top key vendors:
- Ansell
- Honeywell
- Lakeland Industries
- 3M
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