Personal Protective Equipment Market Growth, trends and forecast by Key players like 3M, Honeywell, Ansell Ltd., UVEX Safety Group, MSA Company
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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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.
Protective clothing protects personnel from hazards caused by extreme environmental conditions. Full body suits helps workers protect against injuries caused due to electric arc flash, chemicals, flame and fire, heat, dry particles, asbestos, cut hazards, lead, mold and hazardous aerosols. Protective clothing gears have wide product portfolio that includes garments for flame resistant protection, general industrial protection, comprehensive chemical protection, thermal, cut and abrasion protection.
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.
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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.
Companies operating in the Personal Protective Equipment 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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