Global Thinner Fiber Cut-Resistant Gloves Market Size, Share, and Trends Analysis Report, By Material Type (Ansi Cut Level 1, Ansi Cut Level 2, Ansi Cut Level 3, Ansi Cut Level 4, and Ansi Cut Level 5), and By Application (Automotive Industry, Metal Manufacturing, Construction Industry, and Others) Forecast Period (2022-2028)

The global Thinner Fiber Cut-Resistant Gloves market is anticipated to grow at a CAGR of 5.3 % during the forecast period (2022-2028). A thinner fiber cut-resistant glove is a protective gear that is made of thin material to ease workers working with metal by providing protection against any cutting edge object. The major factor attributing to the growth of the global thinner fiber cut-resistant gloves market is the increasing use of cut-resistant gloves while manufacturing motor vehicles in the automotive industry due to the increasing number of motor vehicle production across the globe. According to the 2021 Production Statistics report published by the International Organization of Motor Vehicle Manufacturers (OICA), an estimation of around 80 million motor vehicles were produced across the globe in 2021. Among these, around 23 million commercial vehicles were manufactured and around 57 million passenger cars were produced in 2021. Thus, increasing the demand for cut-resistant gloves.

The use of thinner fiber cut-resistant gloves is also increasing among workers working in the metal manufacturing industry due to the increasing amount of metal mining across the globe during the forecast period. According to an article published by World Economic Forum in collaboration with Visual Capitalist in October 2021, an estimation of around 3.24 billion tonnes of metal was mined in 2019. Among these, iron ore is the major produced metal accounting for around 3 billion tonnes of iron ore mined representing 93.5% of total metal production. Adding to it, around 207 million tonnes of industrial metal and around 1.3 million tonnes of technology & precious metal were produced in 2019. Thus, propelling the growth of the global thinner fiber cut-resistant gloves market.

Some major players in the market include 3M, DuPont de Nemours Inc., DSM NV., Delta Pls Group, and Ansell Ltd., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in March 2020, Ansell Ltd. acquired the assets including Primus Gloves and Sanrea Healthcare Products of  the Primus Brand. This acquisition will increase the presence of Primus brand in the market.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- 3M, DuPont de Nemours Inc., DSM NV., Delta Pls Group, Ansell Ltd., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Thinner Fiber Cut-Resistant Gloves  Market Report by Segment

By Type

• Ansi Cut Level 1
• Ansi Cut Level 2
• Ansi Cut Level 3
• Ansi Cut Level 4
• Ansi Cut Level 5

By Application

• Automotive Industry
• Metal Manufacturing
• Construction Industry
• Others

Global Thinner Fiber Cut-Resistant Gloves  Market Report by Region

North America

• The United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa