Press release
2024 Projections: Respiratory Protective Equipment Market Report By Leading Players- 3M, Alpha Pro Tech, Honeywell, Bullard, Delta Plus, ILC Dover, Kimberly-Clark, UVEX SAFETY GROUP
Respiratory protective equipment (RPE) market will exceed USD 9.9 billion by 2024; according to a new research report. Growing regulation focussed on labor safety in hazardous workplaces in number of manufacturing industries will mainly drive respiratory protective equipment (RPE) demand over the forthcoming period. The product protects the workers and operating professionals from the toxic and polluted air; chemical fumes; nuclear and radiological fumes; and air-borne diseases.
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Asia Pacific is especially observing the rise in industrialization on account of its growing urbanization and population. In 2018, according to the U.N, over 55% of the global population was residing in urban areas. As per the United Nations, the proportion is expected to increase over 68% by 2050. The organization predicts that India, China, will be the largest Asia Pacific countries, accounting for the biggest share in the projected growth of the world?s urban population between 2018 and 2050. In terms of region, Asia Pacific will lead the growing urbanization till 2050. The flourishing urban population will also be center of lower air quality thereby providing greater scope for product demand over the forecast period.
North America accounts to share of over 33% in the global RPE market in 2025. The actual application of stringent regulations coupled with higher quality chemical and industrial production processes that result in excessive toxic materials are the prime reasons for the product demand growth over the forecast period. Additionally, Asia Pacific will show a promising growth on account of its rapid industrialization on basis of growth of emerging economies such as China, India, Bangladesh, Vietnam, Thailand, etc.
Respiratory protective equipment is grouped as air-purifying respirators, supplied air-respirators and others. Air purifying respirators include two types of respirators i.e. unpowered and powered while supplied air respirators include self-contained breathing apparatus and airline respirator. Air-purifying respirators hold over 54% share on account of its widespread use by the workers in several end-use industries to protect themselves from dust, smokes, fumes, silica particles, and other pollutants. These trends will aid in the development of RPE over the forecast period.
Leading Players in the market
In the RPE market, 3M, Honeywell, Alpha Pro Tech, Alpha Pro Tech, Bullard, ILC Dover, Kimberley-Clark Corp, Gentex Corporation, Uvex Safety Group, Kasco srl, etc. are some of the key players operating in the market.
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Respiratory protective equipment market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue in USD million from 2014 to 2025, for the following segments:
Respiratory protective equipment market by conduction mechanism
Air purifying respirator
Unpowered
o Disposable half mask
o Reusable half mask
o Full face mask
Powered
o Half face mask
o Full face mask
o Helmets, hoods & visors
Supplied air respirator
o Self-contained breathing apparatus
o Airline respirator
Others
Respiratory protective equipment market by application
o Industrial
o Medical & Healthcare
o Military & Aviation
o Public Service
o Others
The respiratory protective equipment market is witnessing a substantial development on account of directly proportional growth of its industrial segment, which holds a share of over 60% in the overall market. RPE is increasingly used in varied industries such as chemical manufacturing, oil & gas, marine, construction, mining, metal fabrication, aerospace, sports & entertainment, agriculture, textile, pulp & paper, and food industry, etc. The highest growth of the RPE for industrial applications is credited to the increased awareness about safety and stringent regulations regarding the use of RPE by the different regulatory authorities including OSHA and European Union.
The major hindrance to the growth of the RPE market will be its high production cost, which is mainly due to high-end raw materials such as silicon rubber, neoprene rubber and other flexile types of rubbers, which are costly and are prime factor contributing to the high product prices and manufacturing costs.
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Insulation Market Size By Product, By Application, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2026
Global Insulation Market is expected to exceed USD 80 billion by 2026. The proliferating real-estate investments globally is driving the market share. Global Insulation Market is expected to exceed USD 80 billion by 2026. The proliferating real-estate investments globally is driving the market share.
https://www.marketstudyreport.com/reports/insulation-market?utm_source=Openpr.com&utm_medium=TS
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