Respiratory protective equipment market is set for a rapid growth over the forecast period. In terms of revenue, the global respiratory protective equipment market accounted for USD 6.81 Billion in 2019 and is expected to Reach USD 13.1 Billion by 2026, growing at a CAGR of around 9.8%.
The respiratory protective equipment market is set for a rapid growth over the forecast period. In terms of revenue, the global respiratory protective equipment market accounted for USD 6.81 Billion in 2019 and is expected to Reach USD 13.1 Billion by 2026, growing at a CAGR of around 9.8%.
Global Respiratory Protective Equipment (RPE) Market: Overview
Respiratory protective equipment (RPE) is a type of personal protective equipment which is designed to protect the person against the inhalation of the harmful particles present in the atmosphere. It is used for protection against the airborne hazards present in the form of dust, vapor, mist, gas or fume while working activities. These products filter air while eradicating hazardous particulate and providing pure air to the workers working in the factories.
Global Respiratory Protective Equipment (RPE) Market: Growth Factors
The escalating consciousness about worker’s health and safety in various firms is impelling the market expansion. Also, promising safety principles set up by regulatory authorities are amplifying the market trends. In addition, increasing chronic respiratory ailments incidences will further embellish the market evolution. Current innovations in SCBA and new projections in disposable gas masks will probably explore new growth horizons for the market in the coming years. Additionally, the increase in the cases of mesothelioma, cancer severely impacting the protective coating of internal body organs such as lungs, abdominal cavity, and heart is predicted to further relate the market size. Nevertheless, the complicated product manufacturing method may put brakes on the market propensity to expand. Nevertheless, incessant liquid silicone rubber and nylon supply for constructing face piece along with rising in the research & development pertaining to innovations for developing gas detection technology is predicted to have a favorable effect on the product popularity, thereby nullifying the effect of the market growth inhibitors. Additionally, growing innovation activities to manufacture RPEs with lightweight and strong components to endure in tough weather conditions is slated to exponentiate the business growth. In addition to this, technological breakthroughs coupled with the rising customer trend towards protective device offering safety with better-quality aesthetics is slated to boost respiratory protective equipment (RPE) market size.
Global Respiratory Protective Equipment (RPE) Market: Segmentation
The global respiratory protective equipment (RPE) market can be classified into product type and end user. Based on the product type, the market is sectored into APR, SCBA, and SAR. On the basis of the end user, the market is classified into oil & gas, healthcare, industrial, mining, construction, chemical, and law enforcement sectors.
Global Respiratory Protective Equipment (RPE) Market: Regional Analysis
Based on the region, the global respiratory protective equipment (RPE) market can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa.
North America is likely to dominate the global respiratory protective equipment (RPE) market in the foreseeable future, owing to the enforcement of stringent occupational health & safety norms by regulatory authorities such as OSHA and CDC coupled for employee safety with growing oil & gas, chemicals and manufacturing industries in the countries such the U.S. and Canada is set to drive the regional growth. Furthermore, the introduction of new products for elongating the shelf-life of the RPE is prognosticated to lucratively leverage the North America Respiratory Protective Equipment (RPE) market revenue. Additionally, the infiltration of the product for protecting workers against vapors, harmful gas inhalation, biochemical agents, radiological particles, and biological pollutants are likely to magnify the product popularity in the region.
Self-contained breathing equipment is gaining popularity in the U.S., subject to the immense necessity of RPE by law enforcers for controlling a riot. Furthermore, concerns over fatalities or collisions taking place with high risks in restricted areas in factories are predicted to impel the market surge in the country over the assessment timeline. This will further contribute to the market size in North America.
The Asia Pacific is set to witness the massive growth in the near future, subject to rapid industrialization witnessed in countries such as India, Vietnam, China, Thailand, and Malaysia. Additionally, the massive construction expenditure along with rising in the transportation of oil & gas in China, Singapore, India, Indonesia, and Vietnam is likely to amplify the product preference. Furthermore, high industrial output, large-scale infrastructure expending, and growing levels & proportion of consumerism in these countries will further add towards the regional growth.
The Middle East and Africa market are anticipated to witness massive growth, owing to large-scale spending on construction and manufacturing events. Furthermore, exploding elderly populace and rise in per capita healthcare disbursement are predicted to steer the regional growth.
Increasing funding of defense and riot control events in the European zone is set to augment market growth. Furthermore, escalating demand for the aerospace device, pharmaceutical items, and agricultural items is foreseen to impel the regional growth.
Growing investments in healthcare, defense, and agriculture industries are anticipated to boost the economic growth in various countries including Chile and Colombia will spur the market surge in Latin America. Furthermore, a rising number of automotive projects and oil and gas exploration activities in Brazil are slated to drive the product demand over the projected period.
Global Respiratory Protective Equipment (RPE) Market: Competitive Players
Some of the key players in respiratory protective equipment (RPE) market are Honeywell, 3M, Kimberly Clark, Uvex Safety, MSA, Grainger, Delta Plus, and Ansell.
The global respiratory protective equipment market is segmented as follows:
By Product
By End Use
By Region
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