12-Aug-2020 | Zion Market Research
Zion Market Research has published a new report titled “Plastics in Personal Protective Equipment Product Market Type (Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polycarbonate (PC), Others), Application (Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection and Others):Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026” According to the report, global demand for Plastics in Personal Protective Equipment market was valued at approximately USD 3.8 Billion in 2019, and is expected to generate revenue of around USD 11.4 Billion by end of 2026, growing at a CAGR of around 17.1% between 2020 and 2026.
Browse the full “Plastics in Personal Protective Equipment Product Market Type (Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polycarbonate (PC), Others), Application (Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026.” Report at https://www.zionmarketresearch.com/report/plastics-personal-protective-equipment-product-market
The global plastics in personal protective equipment market are expected grow at a compound annual growth rate (CAGR) of 17.1% from 2020 to 2027. These can be derived from the fact that there is an increase in the demand for plastics in the production of various personal protective equipment, which are used in several industries such as construction, food processing, chemicals, and others. During the global COVID-19 pandemic situation, the demand for various PPE products, such as gloves, face masks and shields, head covers, shoe covers, and protective gowns, has increased. This, in turn, is driving the demand for plastics in PPE in eye & face protection, respiratory protection, and protective clothing applications. The growing demand from the pharmaceuticals and chemicals industries to tackle the COVID-19 pandemic situation is also driving the product demand, which will boost the market growth over the forecast period.
Polyethylene (PE) product segment is likely to lead the market in the forecast period. This can be attributed to the fact that the PE, has excellent resistance against chemicals like solvents, alcohols, and dilute acids. The product is primarily used to manufacture gloves, protective suits, head covers, helmets, face shields, and others. The ability of the material to provide moisture barrier is one of the major factor which will boost the growth of the PE in the upcoming period.
The Asia Pacific region is expected to dominate the market in the upcoming period. As the healthcare industry is growing in Asia Pacific on account of rising COVID-19 positive cases, the demand for protective masks, suits, face shields, gloves, and other PPE products is on rise which is foremost factor for the market growth. The region is also estimated to be the fastest-growing regional market owing to the rising healthcare expenditure in the countries, such as China, Japan and India.
Companies in the market compete on the basis of product quality and technology used in product manufacturing. Key players are mainly focusing on R&D, infrastructural development, and expansion of their manufacturing facilities, The report also includes detailed profiles of key players such as BASF SE; SABIC; Evonik Industries AG; Sumitomo Chemical Co., Ltd.; Arkema; Celanese Corporation; Eastman Chemical Company; Chevron Phillips Chemical Company; Exxon Mobil Corporation; Covestro AG.
This report segments the Global Plastics in Personal Protective Equipment Market as follows:
Global Plastics in Personal Protective Equipment Market: Type Analysis
Global Plastics in Personal Protective Equipment Market: Application Analysis
Global Plastics in Personal Protective Equipment Market: By Region
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