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Furnace Clothing Market was valued at around USD 1.3 billion in 2023 and is estimated to register a CAGR of around 4.7% between 2024 and 2032. Worker safety and health drive the demand for furnace clothing. In high-temperature settings like foundries, metal and steel production sites, and chemical processing plants, protective gear is crucial. It shields workers from extreme heat, molten metal, and other dangers. Moreover, stringent safety regulations from governments and industry bodies underscore the need for top-notch, compliant furnace clothing, reinforcing the commitment to worker safety across diverse industrial landscapes.
Specialized materials like aluminized fabrics and aramid fibers, essential for furnace clothing, come at a premium. This elevated cost can drive up the price of protective gear, posing challenges for smaller businesses or budget-conscious industries and potentially stunting market growth. Furthermore, the market's influx of lower-cost, lower-quality alternatives can undermine the pricing of high-quality furnace clothing. As a result, some companies might lean towards these economical choices, which could dampen the demand for premium protective gear.
The market size of furnace clothing was worth over USD 1.3 billion in 2023 and is anticipated to witness a 4.7% CAGR during 2024 to 2032, fueled by demand for worker safety and health.
The jackets and coats segment of furnace clothing industry dominated a revenue share of 33% in 2023 and will record 5.4% CAGR through 2032, driven by rising demand in industries like metal manufacturing, automotive, and aerospace.
North America market held around 34% revenue share in 2023 and will exhibit a 4.9% CAGR during 2024 to 2032, being at the forefront of innovations in aluminized fabric technology, enhancing the efficiency and durability of heat-resistant clothing.
DuPont, Honeywell Safety Products, Lakeland Industries, Inc., National Safety Apparel, and Oberon Company, among others.