Sellbyville, DE -- (SBWire) -- 10/17/2018 --Germany Personal Protective Equipment market is anticipated to surpass USD 5.5 billion by 2024. In food processing industry, food is handled selecting the right safety equipment including gloves, apron, and caps. Majorly to avoid cuts, injuries to the skin & hands, and to avoid health risks to consumers from contaminated food ingredients.
Personal Protective Equipment cater to mechanical, mining, chemical, oil & gas, construction, manufacturing industries. These equipment helps workers to avoid vapors, dust, fog, mist, smoke and other harmful chemicals & gases. Increasing R&D spending on technological innovation in this sector may stimulate industry growth.
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Personal Protective Equipment Market may surpass USD 70 billion by 2024; according to a new research report. Supporting regulatory amendments by OSHA regarding workplace safety to control occupational hazards will drive personal protective equipment (PPE) market. It reduces exposure to occupational hazards including falls, slip, falling hazards, particulate matter, falling objects and chemical spills. Increasing influence regarding worker's safety supported by various manufacturers providing comfortable PPE equipment may have positive influence on industry growth.
Rapid industrialization along with skilled labor requirements may augment PPE market over the projected timeframe. Increasing construction and infrastructure projects India, China, and the U.S. may create immense opportunity for PPE market expansion. Growth in workplace accidents, fatal injuries adding to reimbursement cost for the manufacturer have promoted the use of personal protective equipment, thus driving industry growth.
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Personal Protective Equipment market size from oil & gas application may exceed to USD 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 strong 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.
Personal Protective Equipment market size from chemical application is anticipated to exceed USD 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.
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Personal protective equipment market from food processing application may witness steady gains owing to its demand from wet processing including beverage, meat and dairy products along with dry processing which includes bakery goods and grain-based products may promote product demand in this sector. Eye & face protection, clothing, and respiratory protection equipment are widely used in this application to protect workers from spices and chemicals. Growth in processed and RTE food consumption may positively favor product demand.
Global personal protective equipment market share is slightly fragmented and competitive with key players present in the market includes Ansell Ltd, 3M, MSA, JAL Group, and DuPont. Major companies are developing multifunctional product as per regulatory standards may propel industry growth.
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Personal Protective Equipment Market to Cross US$ 70bn by 2024 : 3M, Ansell, Honeywell, MSA - the Safety Company, DuPont, Avon Protection Systems
Personal Protective Equipment market size from oil & gas application may exceed to USD 12 billion up to 2024.