Press release
Personal Protective Equipment Market Current & Future Growth Analysis On Ansell Ltd, 3M, MSA, JAL Group, and DuPont
Personal Protective Equipment
U.S. personal protective equipment market from oil & gas application may surpass USD 4.5 billion by 2024. This equipment protects the workers from oil spills, splashes and slips. Manufacturers initiatives regarding organizing training programs and guidance on usage of PPE equipment has led to rise in product demand. Growing shale gas exploration and extracting activities supported by technical advancements will propel industry growth in this region.
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Personal Protective Equipment Market may surpass USD 70 billion by 2024; according to a new research report.
Global personal protective equipment market share is slightly fragmented and competitive with key players present in the market includes Ansell Ltd, 3M, MSA, JAL Group, and DuPont. Major companies are developing multifunctional product as per regulatory standards may propel industry growth.
Supporting regulatory amendments by OSHA regarding workplace safety to control occupational hazards will drive personal protective equipment (PPE) market. It reduces exposure to occupational hazards including falls, slip, falling hazards, particulate matter, falling objects and chemical spills. Increasing influence regarding worker?s safety supported by various manufacturers providing comfortable PPE equipment may have positive influence on industry growth.
Rapid industrialization along with skilled labor requirements may augment PPE market over the projected timeframe. Increasing construction and infrastructure projects India, China, and the U.S. may create immense opportunity for PPE market expansion. Growth in workplace accidents, fatal injuries adding to reimbursement cost for the manufacturer have promoted the use of personal protective equipment, thus driving industry growth.
Personal protective equipment market from hearing protection may surpass USD 2 billion by 2024. Increasing investments in research to develop novel technologies which will resolve common challenges faced by employees including comfortability and compatibility issue will positively impact on product demand.
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UK personal protective equipment market is anticipated to reach over USD 1.5 billion by 2024. Presence of large number of safety device manufacturers supported by stringent industrial safety norms and quality standards will favor industry growth.
Cost concerns of raw material due to quality specifications and regulatory compliances along with inconsistent supply may limit industry profitability, thus affecting personal protective equipment market price trend.
Personal protective equipment market from respiratory protection register gains close to 7.5% by 2024. Growing application potential in healthcare & medical industry to guard from germs, sprays, splatters and splashes supported by government initiatives including respiratory protection program is likely promote product demand.
Personal protective equipment market from food processing application may witness steady gains owing to its demand from wet processing including beverage, meat and dairy products along with dry processing which includes bakery goods and grain-based products may promote product demand in this sector. Eye & face protection, clothing, and respiratory protection equipment are widely used in this application to protect workers from spices and chemicals. Growth in processed and RTE food consumption may positively favor product demand.
Complete report for 2017-2024 on Personal Protective Equipment market is now available at https://www.marketstudyreport.com/reports/personal-protective-equipment-ppe-market
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