Personal Protective Equipment Market to Hit $70 Bn by 2024: Global Market Insights, Inc.
Personal Protective Equipment (PPE) Market is forecast to cross USD 70 billion by 2024; according to a new research report by Global Market Insights, Inc.
SELBYVILLE, Delaware, September 4, 2018 /PRNewswire/ --
Personal Protective Equipment (PPE) Market is forecast to cross USD 70 billion by 2024; according to a new research report by Global Market Insights, Inc. Personal protective equipment is used to protect body from infection, injury, and accidental hazards along with workplace safety to the employees. It includes protective helmets, clothing, goggles, gloves, respiratory protection, and footwear. The equipment protects wearer from electrical, physical, biohazards, chemical, heat and airborne particulate matter. Growing investments in PPE equipment in maintaining industrial and worker's safety along with availability of diverse product range is likely to favor PPE industry growth.
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Manufacturing industry is a labor-intensive sector and involves various processes along with hazardous chemicals, gasses and equipment which may boost product demand. Rising fatal accidents leading to injuries, loss of life and additional cost of compensation has promoted use of safety equipment. Rapid industrialization along with growing investments has led to developing various industries such as oil & gas, chemical, mining and steel production thereby driving PPE industry growth.
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Favorable regulations led by OSHA regarding occupational safety to control hazards effectively at its source to protect employees. PPE equipment minimize exposure to variety of hazards. OSHA is responsible to maintain improved and safe working conditions for workers mainly in areas of potential hazards and design standards and regulations which actively involves worker's safety across various industries. Increasing awareness regarding worker's safety along with various manufacturers providing proper fitting equipment in compliance with regulatory norms may have positive influence on personal protective equipment industry growth.
Germany Personal Protective Equipment market size is anticipated to surpass USD 5.5 billion by 2024. In food processing industry, food is handled selecting the right safety equipment including gloves, apron, and caps. Majorly to avoid cuts, injuries to the skin & hands, and to avoid health risks to consumers from contaminated food ingredients.
Personal Protective Equipment cater to mechanical, mining, chemical, oil & gas, construction, manufacturing industries. These equipment helps workers to avoid vapors, dust, fog, mist, smoke and other harmful chemicals & gases. Increasing R&D spending on technological innovation in this sector may stimulate industry growth. The effectiveness of PPE relies on workers following instructions and procedures correctly.
Browse key industry insights spread across 325 pages with 385 market data tables & 28 figures & charts from the report, "Personal Protection Equipment Market Size by Product (Head [Safety Helmets & Hard Hats, Bump Caps], Eye & Face Protection [Face Protection, Eye Protection - Plano], Hearing Protection [Cap Mounted, Over the Head Type, Disposable], Protective Clothing, Respiratory Protection [SCBA - Fire Service, SCBA - Industrial, APR - Disposable, Emergency Escape Devices], Protective Footwear, Fall Protection [Personal Systems, Engineered Systems], Hand Protection), By Application (Construction, Oil & Gas, Manufacturing, Chemicals, Pharmaceutical, Food, Transportation), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Russia, China, India, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/personal-protective-equipment-PPE-market
Personal Protective Equipment market size from oil & gas application may exceed to USD 12 billion up to 2024. Fuel deposits are found in natural underground reservoirs both offshore and onshore. These fields are then drilled and pumped by using heavy machineries. Workers need strong protection against all these potential dangers including oil spills, risk of flammability, and fall to work comfortably in their protective garments will drive the market demand.
India Personal Protective Equipment market size is anticipated to surpass USD 2 billion by 2024. Rapid industrialization and technological advancement is increasing potential and pace in construction sector in India owing to township housing development. PPE for this sector include safety harness, safety glasses, hard hats, and welding helmets. This sector accounts for major operational injuries, which may positively effect PPE industry growth.
Personal Protective Equipment market size from chemical application is anticipated to exceed USD 7.5 billion by 2024. PPE is used by workers to eliminate exposure to harmful chemicals. Chemicals can cause injury through direct skin contact, by inhalation of fumes vapors and dust. Typical products utilized include skin protection, eye protection and face shields which would drive product demand.
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Global Personal Protective Equipment (PPE) market share is competitive and moderately fragmented with some of the manufactures which includes 3M, Ansell Ltd., Honeywell, JAL Group, MSA, DuPont. Companies are focused to manufacture innovative safety products which can have utilization in various end-use industry.
Browse Related Reports:
Industrial Safety Gloves Market Size By Material (Nitrile, Natural Rubber, Vinyl, Neoprene, Polyethylene), By Product (Reusable [Supported Knitted, Knitted, Dipped], Disposable [Disposable Thin Mill, Cut. General Purpose, Chemical]), By Application (Reusable [Machinery, Automotive, Metal Fabrication, Oil & Gas, Chemical, Construction, Food Processing, Aviation, Healthcare], Disposable [Aerospace, Food Processing, Flat Panels, Medical Devices, Pharmaceuticals, Semiconductors]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Poland, China, India, Japan, South Korea, Malaysia, Thailand, Indonesia, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Growth Potential, Price Trend, Competitive Market Share & Forecast, 2018 - 2024
https://www.gminsights.com/industry-analysis/industrial-safety-gloves-market
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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