Personal Protective Equipment (PPE) Market to Grow at 7% CAGR by 2024: Rock Fall, 3M Company, Alpha Pro Tech, Honeywell, JAL Group and DuPont
Increasing accident rates in industries like refining, automotive, metal processing and oil & gas along with rising awareness regarding health and safety of employees are factors likely to drive the industry growth.
Pune, Maharashtra -- (SBWire) -- 01/09/2019 --Graphical Research presents a report on "Personal Protective Equipment (PPE) Market Size By Product, By Application, Regional Trends (U.S., Germany, UK, France, Russia, China, India, Japan, Brazil), Growth Trends, Competitive Landscape & Forecast to 2024"
Hand Protection market is estimated to surpass USD 15 billion by 2024. The growth is mainly driven by the need to address concerns like abrasions, hand injuries, and cuts in the accident-prone industries such as manufacturing, pharmaceutical, chemicals, food, and construction.
Industrial protective clothing market will witness a noticeable surge during the forecast period, owing to its application in prevention of injuries from fire, chemicals, etc. The market is expected to exceed USD 16 billion by 2024.
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Protective footwear market is projected to hit a revenue of over USD 13.5 billion by 2024.
Fall protection market is estimated to grow at a CAGR of around 8% over the forecast timeline on account of its wide set of applications in defense, power, oil & gas, and construction industries.
Manufacturing applications accounted for over 19% of the overall revenue in 2017, and is estimated to register a CAGR of around 7.5% over 2018-2024.
PPE market size in the construction sector is likely to grow at a CAGR of around 7.5 % over the period of 2018-2024. High chances of workplace accidents will spur the construction application share.
Oil and gas application segment having had a market share of USD 6 billion in 2015, is forecast surpass USD 12.5 billion by 2024. Transportation and manufacturing applications are also set to witness a considerable growth in the PPE market. Key industry players profiled in this report are Rock Fall, 3M Company, Alpha Pro Tech, Honeywell, JAL Group and DuPont.
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Segments We Covered in this report:
Personal Protective Equipment Market, By Product
Head Protection
Eye and Face Protection
Hearing Protection
Protective Clothing
Respiratory Protection
Protective Footwear
Fall Protection
Hand Protection
Others
Personal Protective Equipment Market, By Application
Construction
Manufacturing
Oil & Gas
Chemicals
Food
Pharmaceuticals
Transportation
Others
The above information is provided on a regional and country basis for the following:
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Asia Pacific
China
Japan
India
LATAM
Brazil
Middle East & Africa
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https://www.graphicalresearch.com/industry-insights/1088/personal-protective-equipment-market
About Graphical Research
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
Media Relations Contact
Parikhit B.
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