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
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 Polison Corporation
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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