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The furnace clothing industry is heavily influenced by industrial growth and expansion. As industrial activities ramp up globally, especially in emerging markets, the need for protective clothing in high-temperature settings sees a parallel rise. Industries like automotive manufacturing, aerospace, and power generation are at the forefront of this heightened demand. Additionally, as industrial processes evolve, often reaching extreme temperatures, there's a growing appetite for innovative furnace clothing solutions that meet these changing needs.
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.