As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global protective clothing industry is driven by strict laws on personal safety in industrialised economies. The health and safety of employees are being progressively affected by governmental authorities in the industrialised economies. Many government rules and standards force the end-use sectors to supply workers operating under dangerous situations with protective gear that augments the industry's growth in regions like North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Rising investments in the industry by prominent key players have been bolstering the market growth and are likely to boost the market growth in the coming years. Among the major industry players, 3M (NYSE: MMM) through investment in TPG Rise Climate (the multi-million-dollar global-climate investment fund that deploys mission-driven capital) expands on its continued commitment to environmental governance.
Market Analysis by Material Types, Applications, End-Uses, and Region:
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The major players in the global protective clothing market are DuPont de Nemours, Inc, Glen Raven, Inc., Koninklijke Ten Cate B.V., Lakeland Industries Inc., and 3M Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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