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What's driving the Industrial Safety Footwear Market Size? JAL Group France SAS, Dunlop Boots, Honeywell International, Hewats Edinburgh, Rahman Group, Rock Fall Ltd, Uvex Group, V.F. Corporation, WOLVERINE, Bova Safety Footwear, Gabri Safety Shoes, Simon

03-13-2020 10:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: marketstudyreport.com

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What's driving the Industrial Safety Footwear Market Size? JAL

MarketStudyReport.com offers 2020 report on global Industrial Safety Footwear market that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2020-2026.

Industrial safety footwear market is set to experience a substantial growth spur over the forthcoming timeframe. Technological advancements coupled with upgradation of safety standards would likely drive the industrial safety footwear market growth. The industrial safety footwear is so designed in order to prevent workers from injuries at workplace. Wearing safety shoes or boots could help prevent many injuries and provide protection against slipping, falling objects, cutting, electrocution, and help preventing burns.

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In North American countries like the United States all work environments are subject to regulation by OSHA (Occupational Safety and Health Administration) which is a section of the United States Department of Labor. The responsibility of the OSHA is to ensure safety of workers in the workplace and the organization undertakes this task by setting as well as enforcing a number of safety standards.

The market is segmented into material, product category, end-use, and regional landscapes:
Based on material, the market is further classified into plastic, rubber, leather, and waterproof. The rubber-based material segment will witness strong growth owing to the longevity factor. Rubber based safety footwear go a long way to ensure safety on the job. These shoes are useful when working in high temperature environments such as manufacturing and mining.

The plastic segment is likely to witness a low growth of 3.7%, owing to sustainability issues in the industry. Waterproof materials are suitable for cold and damp conditions, where it offers protection from debris.

With respect to end-use, the market is bifurcated into transport, mining, pharmaceutical, construction, food, chemicals, oil & gas, and manufacturing. Among these, the chemical segment will witness a growth of 6.5% over the forecast period.

Subsequently, robust Infrastructure development along with increase in workers' safety awareness in countries like Brazil will boost market growth in Latin America region. The MEA region will also witness growth owing to increasing oil & gas activities coupled with urbanization.
The transportation segment is expected to garner heavy product demand due to modernization and technological advancements in this vertical.

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Depletion of natural resources has triggered intense mining activities, which in turn will boost the mining segment growth. Safety shoes enable the mining worker to do excavation process with ease. The workers can comfortably stand in as well as walk with these shoes while wearing them for hours, which is a requirement in mining job. This way the workers are protected against the dangers of major or minor disasters.

Table of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimation & forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources

Chapter 2 Executive Summary

Chapter 3 Industrial Safety Footwear Industry Insights

Chapter 4 Industrial Safety Footwear Market, By Material

Chapter 5 Industrial Safety Footwear Market, By Product

Chapter 6 Industrial Safety Footwear Market, By Application

Chapter 7 Industrial Safety Footwear Market, By Region
Chapter 8 Company Profiles

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