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Gas Masks Market to Exhibit a US$ 1000 Mn by 2026
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The powered air purifying respirators segment is estimated to be the most attractive segment with a CAGR of 2.4% in North America, while in Europe the powered air purifying respirators segment of the global gas masks market is expected to reach a Compound Annual Growth Rate of 2.3% and is estimated to reach a little more than US$ 140 Mn by the end of the forecast period.
In the Asia Pacific gas masks market, the powered air purifying respirators segment is expected to create incremental opportunity of more than US$ 60 Mn during 2016-2026. The segment is projected to be the most attractive segment with a CAGR of 2.5% and is anticipated to reach a market valuation close to US$ 90 Mn by the end of the forecast period in the MEA gas masks market.
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Growing industrialization in emerging countries such as China and India is expected to fuel market demand in the powered air purifying respirators segment globally during the period of assessment. Sustained government support coupled with the increased outsourcing of manufacturing endeavors from developed nations has propelled industrialization in these emerging economies.
With the increasing number of accidents, subsequent fatalities and injuries in mining, construction, oil and gas and chemical industries, adoption of personal protective equipment such as powered air purifying respirators for the labor workforce has become a critical requirement.
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Adoption of powered air purifying respirators in various industries not only significantly reduces injuries and fatalities but also increases productivity output. This factor is creating a positive impact on the powered air purifying respirators segment.
Market Segmentation : (Gas Masks Market)
Gas Masks Market By Product Type : Dust Mask, Air Purifying Respirators, Powered Air Purifying Respirators, Self-Contained Breathing Apparatus, Emergency Escape Hood
Gas Masks Market By Application : Oil and Gas, Fire Services, Healthcare, Military, Defense and Aerospace, Mining, Industrial Sector, Others
Gas Masks Market By Region : North America, Latin America, Europe, Asia Pacific, Middle East and Africa
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