About eight years ago, thermoplastic rubber (also known as TPR) revolutionized the hand safety industry. For the first time, this sturdy yet lightweight and flexible material was adhered to gloves to protect the back of the hand from impact. It was a groundbreaking step forward in safety.
Innovations — development of new and improved materials and advancements in manufacturing processes — have made work and specialty gloves stronger, more flexible, more durable and more versatile than ever before.
According to a new market report published by Transparency Market Research, "Smart Textile Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023," the smart textile market was valued at US $700 million in 2014, which is expected to reach US $7,730.0 million by 2023, growing at a rate of 30.8% from 2015 to 2023.