Market Research Reports

The   global industrial protective clothing market   features a largely fragmented competitive landscape, with leading companies holding a small share of the overall market, says Transparency Market Research (TMR) in a recent report.  The top three vendors in the market, namely Milliken & Company, TenCate, and Aramid collectively accounted for a 27.7% of the overall market in 2015, with small- and medium-sized regional players accounting for the rest.  Recently, however, companies in the market have started resorting to consolidations through strategic acquisitions as a way to strengthen their positions in the highly competitive market. Recent instances are the acquisitions by National Safety Apparel. The company acquired DRIFIRE from Optimer Brands in June 2016 and TECHGEN from INVISTA Ashburn Hill LLC in September 2015.    TMR estimates that the market will expand at a healthy CAGR of 6.8% from 2016 to 2024, rising from a valuation of US$2.2...

Nearly 27.2% of the   global industrial protective clothing fabrics market   was taken up by its three leading players in 2015. With a large portion of the market left to regional players, the global ones such as Milliken & Company, Teijin Aramid, and TenCate are looking for greater coverage through establishing new manufacturing capacities in new regions as well as manage newer mergers and acquisitions. According to a research report released by Transparency Market Research, the global industrial protective clothing fabrics market holds a highly intense competitive landscape due to the large number of manufacturers involved regionally, while a smaller proportion of the market value is taken up by globally prominent entities. At the same time, the scope of entry for new players is low, owing the expensive entry barriers they have to cross, coupled with the goodwill and long-term contracts already held by the existing players. The global industrial protective clothi...