PPE Market for Oil and Gas Industry to grow at a CAGR of 7.72% during the period 2017-2021.

The global PPE market for the oil and gas industry is expected to be driven by the stringent and comprehensive safety regulations that enforce employers to provide necessary PPE for workers. The oil and gas industry involves a high number of occupational hazards, thereby creating an increased awareness among employees about PPE. Constant demand for oil and gas from both the developed and developing countries has contributed to a rising number of oil and gas exploration sites. This has a positive impact on the market and drives the market growth. However, low consumer compliance is a challenge to the market. It occurs due to various reasons including comfort, fit, and negligence among workers. This creates an opportunity for vendors to offer PPE with a proper fitting and comfort to the oil and gas industry workers.

Technavios analysts forecast the global PPE market for oil and gas industry to grow at a CAGR of 7.72% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global PPE market for oil and gas industry for 2017-2021. To calculate the market size, the report considers the global demand for PPE market from the oil and gas industry

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global PPE Market for Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
3M
Honeywell
MSA

Other prominent vendors
Ansell
CarbonX
Drgerwerk
DuPont
Ergodyne
Magid Gloves
MCR Safety
Moldex
Portwest
Scott Safety
VersarPPS

Market driver
High number of occupational hazards
For a full, detailed list, view our report

Market challenge
Lack of awareness and training
For a full, detailed list, view our report

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Market trend
Increase in hydraulic fracturing activity
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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