New York City, 21 January 2019: The Global Personal Protective Equipment (PPE) Market is anticipated to reach USD 81.35 billion by 2026. The market
growth is propelled majorly by the increasing concerns of employers over the
safety of its employees. Employers are highly responsible for offering a
healthy and safe workplace to their workers. Employees working at industrial
sites are prone to different forms for hazards, they are likely to come across
sharp objects, flying sparks, unbearable loud noise, falling objects, and
chemicals that could cause them serious injuries.
Companies especially those belonging to
industrial, manufacturing, and construction sectors have realized that it is
better to take precautions and prevent any lethal damage to any of their
workers. Many regulatory bodies have laid guidelines to promote the safety and
health of workforce. For instance, Occupational Safety and Health
Administration (OSHA) in the U.S. is responsible for formulating standards that
are aimed to encourage a safe and healthy environment for employees. OSHA has
set requirements for the use of PPE such as 29 CFR 1910.135 (Head protection);
29 CFR 1910.137 (Electrical protective equipment); 29 CFR1910.136 (Foot
protection), and29 CFR 1910.138 (Hand protection), among others. OSHA together
with few other agencies such as National Institute for Occupational Safety and
Health (NIOSH), and National Fire Protection Association (NFPA), among others
standardizes guidelines for work environment.
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PPE finds application in various
industries including oil & gas, petrochemicals, transportation, food&
beverages, power & energy, construction, and healthcare, among others.
Among these industries, construction industry is experiencing highest
application, and is among one of the largest end-use industry that is driving
the market. The industry is flourishing in Asia Pacific region, primarily due
to the presence of developing nations that are heavily investing in their
infrastructural facilities.
Competitive
Landscape and Key Vendors:
Key Findings from the study suggest
that the largest share of the market in 2017 was of the North American region.
Moreover, the market is segmented on the basis of products and end use. On the
basis of product, the market can be segmented into eye protection, hand
protection, head protection, hearing protection, fall protection, protective
clothing, professional footwear, and respiratory protection, among other.
Professional footwear is anticipated to foresee highest growth, owing to their
wide range of application across various industries. These footwears are
largely utilized for protection from sharp edge objects, and helps avoid direct
contact from any hazardous chemicals.
Major players operating in the market
includes companies such as MSA Safety Inc., Ansell Ltd., 3M Company, Alpha Pro.
Tech Ltd., Rock Fall Ltd.,JSP Ltd., Oftenrich Holdings Co. Ltd, JAL Group,
COFRA Holding AG, Golden Chang, Avon Rubber p. i. c., Rahman Group, and
Honeywell International Inc., among others.
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