|Market Size in 2019||Market Forecast in 2026||Growth Rate (in %)||Base Year|
|USD 9.34 billion||USD 13.67 billion||CAGR at 5.4%.||2019|
Plastics in Personal Protective Equipme Market
The report covers forecast and analysis for the Plastics in Personal Protective Equipment market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion). The study includes drivers and restraints for the Plastics in Personal Protective Equipment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Plastics in Personal Protective Equipment market on a global as well as regional level.
In order to give the users of this report a comprehensive view on the Plastics in Personal Protective Equipment market we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein Application segment is benchmarked based on its market size, growth rate and general attractiveness.
The report provides company market share analysis in order to give a broader overview of the key players in the Plastics in Personal Protective Equipment market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the Plastics in Personal Protective Equipment market on global and regional basis. The outbreak COVID-19 is likely to have a major impact on the global the plastics in personal protective equipment market in the upcoming periods.
The study provides a decisive view on the Plastics in Personal Protective Equipment market by segmenting the market based on types, application. The type segments covered under this study includes Polyethylene (PE), Polypropylene (PP), Polyurethane (PU), Polyvinyl chloride (PVC), Polyethylene terephthalate (PET), Polystyrene (PS), Acrylonitrile butadiene styrene (ABS), Polycarbonate (PC), Others. The Application segments covered under this study include Head, Eye & Face Protection, Hearing Protection, Protective Clothing, Respiratory Protection, Protective Footwear, Fall Protection, Hand Protection and Others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This segmentation includes demand for individual segments in all the regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global Plastics in Personal Protective Equipment market. Key players profiled in the report include 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.
|Report Attributes||Report Details|
|Report Name||Plastics in Personal Protective Equipment Market Research Report|
|Market Size in 2019||USD 3.8 billion|
|Market Forecast in 2026||USD 11.4 billion|
|Growth Rate||CAGR of 17.1%.|
|Number of Pages||110|
|Key Companies Covered||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.|
|Segments Covered||By Type Analysis, By Application Analysis, and By Region|
|Regions Covered||North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)|
|Historical Year||2020 to 2026|
|Forecast Year||2020 - 2026|
|Customization Scope||Avail customized purchase options to meet your exact research needs. Request For Customization|
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
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.
According to the report, global demand for Plastics in Personal Protective Equipment 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.
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.
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.