Press release
Personal Protective Equipment Market 2020: How the Business Will Grow in 2025? Prominent Players are 3M, Honeywell, Ansell Ltd., UVEX Safety Group, MSA Company and more
The Personal Protective Equipment Market size was estimated at USD 47 billion in 2018 and is projected to surpass USD 79 billion by the year 2025.During the period of 2019-2025, the Ferroalloy Market is anticipated to expand with a CAGR of 7 %. Stringent regulatory pressures along with growing awareness regarding financial burden caused due to workers compensation, medical expenses and lost production time will spur PPE demand.
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Asia Pacific is expected to grow at rapid pace with CAGR of over 8% from 2019-2025. Rise in construction and infrastructure projects mainly in China, Japan, and India should drive regional growth.
Companies operating in the market are adopting safety assessment programs to avoid financial burden.Strong R&D spending in clothing is likely to influence protective clothing market demand. Increasing number of skilled and unskilled workers should stimulate regional industry growth over the forecast timeframe.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o 3M Company
o Honeywell International Inc.
o Alpha Pro Tech
o Ansell Ltd.
o Avon Protective Systems Inc.
o JAL Group France SAS
o COFRA S.R.L.
o Oftenrich Holdings Company Limited (Golden Chang)
o UVEX Safety Group Gmbh
o Rock Fall Limited
o Dowdupont Inc.
o BartelsRieger Atemschutztechnik GmbH & Co. KG
o MSA Company
o Mallcom
o Radians
o Polison Corporation
o Cigweld
o Gateway Safety Inc.
Personal protective equipment are safety gears worn by workers to minimize the impact of injuries. These injuries are caused due to accidental hazards that are present indefinitely at workplaces. PPE gears introduces a barrier between user and working environment. As per National Safety Council (NSC) a worker is injured on the job every seven seconds. Stringent regulatory guidelines has enforced employers to provide its employees with certified protective gears.
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Chemicals can pose a risk in the workplace, thereby PPE market must be in compliance with standards and regulation for the usage in chemical industry. Chemicals can cause harm to workers by causing injury through direct skin contact, by inhalation of fumes, vapors, and dusts and by inadvertent ingestion.
According to OSHA's hand protection standard (29 CFR 1910.138), employers must provide its employees with certified hand protection gears. PPE for chemical industry includes array of protective gears such as aprons, footwear, gloves, chemical resistant glasses, face shields and respirators.
Companies operating in the PPE market compete on basis of branding, price, quality and customer support. Key industry players are utilizing eco friendly materials and non-renewable energy sources in their production facilities to support low carbon emission program and to limit overall production cost.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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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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