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Industrial Eye Protection Market 2024 Global Analysis By key Players – 3M, Avon-ISI, Honeywell, Bolle Safety, MSA Safety, Ansell Healthcare Products, Teijin Fibers and Kimberly Clark
Industrial Eye Protection Market
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Industrial Eye Protection Market size is estimated to exceed USD 2.5 billion by 2024. Positive outlook towards occupational safety in oil & gas, chemicals, mining and construction industry will propel industrial eye protection market growth. Prevention from chemicals, heat & optical radiation are the key properties enhancing product demand.
Increasing employer awareness pertaining to work safety will support the industrial eye protection demand. For instance, OSHA has implemented safety standards for several end-use industries to prevent the injuries at workplace. Construction application was worth over USD 310 million in 2016. Increasing government spending on building tunnels, dams, roads, and bridges globally will drive the growth. China is projected to be among the major contributor. China construction spending was over USD 730 billion in 2016.
CR-39 lenses will witness gains at 3% up to 2024. High optical quality compared to glass along with comparatively less manufacturing cost has driven industry growth in this segment. Entrance of trivex as an ultra-light, thin and high impact resistant lenses will open new avenues in the industry.
High profit margins due to increasing product penetration will fuel the industry growth. However, inability to expand business in untapped regions due to non-standardized safety regulations will restrain the industrial eye protection market growth.
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North America industrial eye protection market will witness gains at 3.2% up to 2024. High prevalence for employee safety along with stringent government regulations are the key factors supporting the business growth. As per NIOSH, about 2000 workers in U.S. sustain workplace eye injury per day, that requires medical treatment.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. 3M
2. Bolle Safety
3. Edge Eyewear
4. Encon Safety
5. Ergodyne
6. Gateway Safety
7. Global Glove & Safety
8. Honeywell
9. MCR Safety
10. MSA Safety
11. Protective Industrial Products
12. Radians
13. Sellstrom Manufacturing
14. Protective Industrial Products
15. Safety Glasses USA
16. Laservision
17. Mancine Optical
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Global industrial eye protection market share is moderately consolidated due to presence of few industry players holding major industry share. Major key players inculde 3M, Bolle Safety, Honeywell, MCR Safety, Egde, MSA Safety, Encon Safety, Ergodyne and Gateway Safety. Mergers, acquisitions, new product launches and supply agreements are the key strategies adopted by the major players.
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Global Market Insights, Inc.
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