Personal Protective Equipment market from oil & gas application may exceed to $12 billion up to 2024. Fuel deposits are found in natural underground reservoirs both offshore and onshore. These fields are then drilled and pumped by using heavy machineries. Workers need protection against all these potential dangers including oil spills, risk of flammability, and fall to work comfortably in their protective garments will drive the market demand.
According to the report global personal protective equipment (PPE) market will exceed $70 billion by 2024. Personal protective equipment is used to protect body from infection, injury, and accidental hazards along with workplace safety to the employees. It includes protective helmets, clothing, goggles, gloves, respiratory protection, and footwear.
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Personal Protective Equipment market size from chemical applications is anticipated to exceed $7.5 billion by 2024. PPE is used by workers to eliminate exposure to harmful chemicals. Chemicals can cause injury through direct skin contact, by inhalation of fumes vapors and dust. Typical products utilized include skin protection, eye protection and face shields which would drive product demand.
The head protection equipment industry is expected to reach $2 billion by 2024. The eye and face protection equipment industry may register gains close to 7 percent at the end of 2024. Development of products including laser protective goggles balancing comfort with design will favor product demand.
Personal Protective Equipment Market Growth drivers are
- Favorable regulations for occupational safety
- Safety and security compliances at workplace
- Increasing infrastructure project investment in APAC and MEA
Europe PPE market is majorly driven by France, UK and Germany which is growing at up to 6.5 percent CAGR by 2024.
Asia Pacific led by India, Japan, China PPE market size is anticipated to surpass $14 billion up to 2024. India Personal Protective Equipment market size is anticipated to surpass $2 billion by 2024. Industrialization and technological advancement is increasing potential and pace in construction sector in India owing to township housing development. PPE for this sector include safety harness, safety glasses, hard hats, and welding helmets. This sector accounts for major operational injuries, which may effect PPE industry growth.
Key players mentioned in this personal protective equipment market report include 3M; Honeywell; Ansell; Cofra Holding Ag; Uvex Safety Group; Dupont; Msa – The Safety Company Radians Inc.; Mallcom; Polison Corp.; Cigweld; Gateway Safety; Alpha Pro Tech; JAL Group France SAS; COFRA S.r.l.; Rock Fall Limited; UVEX Safety Group Gmbh; Oftenrich Holdings Co. Limited and BartelsRieger Atemschutztechnik GmbH & Co. KG.