Respiratory Protective Equipment Market to hit €8.5bn by 2024 with CAGR over 7.2%

October 15 23:45 2018

Asia Pacific Respiratory protective equipment market is the fastest growing market segment which is expected to achieve over 8% CAGR in the projected timespan owing to rapid industrialization in the region along with consistently improving occupational health & safety standards.
Some of the major respiratory protective equipment market participants mentioned in this report are Honeywell International, Bullard, 3M, Delta Plus, Gerson, ILC Dover, Intech Safety, Alpha Pro Tech, Kimberley Clark and RSG Safety.

Global Market Insights, Inc. presents most up-to-date research report on “Respiratory Protective Equipment Market with recent research (2013-2017) and the current scenario (2018) along with future market potential (2019-2024), Size, Share, By Product (Air Purifying Respirator [Unpowered {Disposable Half Mask, Reusable Half Mask, Full Face Mask}, Powered {Half Face Mask, Full Face Mask, Helmets, Hoods & Visors}], Supplied Air Respirator [Self Contained Breathing Apparatus, Airline Respirator]), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC)”.

Report predicts the respiratory protective equipment market is anticipated to surpass USD 9.9 billion by 2024. Sturdy product demand primarily in the emerging economies including India, China, Japan and Indonesia has been attributed to rapid development in the industrial sector. Rapidly progressing construction, aerospace, food industry, metal and various other industries in Asia Pacific has propelled product demand to a large extent which will subsequently have a positive influence on respiratory protective equipment market size by 2024.

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Air purifying respirator market size attained the highest industry share and is likely to grow at a CAGR close to 6.5% in the coming years. These equipments are used by workers in an environment where the air is polluted by fumes, smoke, vapors, dust and other harmful gases.

Supplied air respiratory protective equipment market size was over USD 3.9 billion in 2016. The product is majorly used in harmful, contaminated and toxic environment which lacks cleaner air for breathing. This device delivers breathable air at nominal pressure through face mask, hood or visor. It is further categorized into self-contained breathing apparatus (SCBA) and airline respirators. SCBA are usually carried by the user in oxygen deficient atmospheres to escape to safety zone in case of emergency. For instance, firefighting professionals extensively utilize these equipment to rescue human life in emergency situations.

Medical & healthcare segment accounted for a significant market share and is likely to escalate at a CAGR of over 6.5% by 2024. Product is chiefly applicable in medical industry to provide oxygen through masks to the patient under critical health condition. In addition, surgical masks are used by medical practitioners to avoid contact with contaminants in the environment while treating patients. Other respiratory protective equipment market application segment is projected to rise at a CAGR close to 4.5% in the coming years. It includes personal protective respirators which are usually worn for protection against pollution, dust, contaminants, etc.

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Respirators used in oil & gas, construction and mining industry are technically advanced and are priced significantly higher compared to conventional masks which are likely to hamper the overall respiratory protective equipment market size by 2024.

Respiratory protective equipment market size in Asia Pacific is anticipated to rise at a CAGR of more than 8% by 2024. This is primarily due to rapid development in the industrial sector and consistently improving standards to attain work place safety for professionals which will have a positive impact on the market size by 2024.

North America respiratory protective equipment market size was valued over USD 1.5 billion in 2016. This is credited to strong growth indicators in medical & healthcare industry which has resulted in propelling demand for respiratory protective equipment to effectively treat patients under critical health situations.

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Key industry participants in respiratory protective equipment market are 3M, Honeywell International, Delta Plus, Bullard, Gerson, Intech Safety, ILC Dover, Alpha Pro Tech, RSG Safety and Kimberley Clark. The giant companies have been engaged in extensive research and development of their products for providing better solutions and gaining the edge over the competitors. For example, in December 2012, Ansell launched new hybrid technology in GAMMEX N95 respirator and surgical mask. The launch was intended to expand Active Infection Protection (AIP) portfolio by reducing the risk of Healthcare Associated Infection (HAI).

 

Browse Related Report:

1. Personal Protective Equipment (PPE) Market Size By Product (Head [Safety Helmets & Hard Hats, Bump Caps], Eye & Face Protection [Face Protection, Eye Protection – Plano], Hearing Protection [Cap Mounted, Over the Head Type, Disposable], Protective Clothing, Respiratory Protection [SCBA – Fire Service, SCBA – Industrial, APR – Disposable, Emergency Escape Devices], Protective Footwear, Fall Protection [Personal Systems, Engineered Systems], Hand Protection), By Application (Construction, Oil & Gas, Manufacturing, Chemicals, Pharmaceutical, Food, Transportation), Industry Analysis Report, Regional Outlook (U.S., Germany, UK, France, Russia, China, India, Japan, Brazil), Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024.

Germany Personal Protective Equipment market size is anticipated to surpass USD 5.5 billion by 2024. PPE industry size from oil & gas application may exceed to USD 12 billion up to 2024.

https://www.gminsights.com/industry-analysis/personal-protective-equipment-PPE-market

 

2. U.S. Industrial Hearing Protection Market Size By Product (Earplugs [Disposable {Pre Molded Earplugs, Semi Insert Earplugs}], [Non Disposable {Pre Molded Earplugs, Flat Attenuation Earplugs, Semi Insert Earplugs}], Earmuffs [Cap Mounted, Non Cap Mounted], Hearing Bands), By Application (Construction, Manufacturing, Food Industry, Oil & Gas, Pharmaceutical, Fire Protection, Mining), Industry Analysis Report, Country Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024.

U.S. Industrial Hearing Protection Market size was above USD 430 million in 2016 and demand may exceed 350 million units by 2024. Stringent policies and regulations set forth by NIOSH and OSHA regarding employee health & safety in potentially harmful working environment should drive U.S. industrial hearing protection market size.

https://www.gminsights.com/industry-analysis/us-industrial-hearing-protection-market


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