© 2016 Global Market Insights. All Rights Reserved Personal Protective Equipment Market Size, Trends and Forecast

© 2016 Global Market Insights. All Rights Reserved  Personal Protective Equipment (PPE) market size is forecast to hit USD 67.6 billion by 2023; as per a new research report by Global Market Insights, Inc.  Rising employee safety and health concerns, along with high number of industrial fatalities in unregulated regional industries will drive the global personal protective equipment (PPE) market size.  U.S PPE market, being one of the most regulated regions, dominated demand, with over USD 12.5 billion revenue in  Product innovation, with changing needs for protective gear that combines safety with attractiveness in terms of appearance will augment industry expansion.  Safety guideline set by OSHA, especially in the U.S. will be a key growth facilitator. Rising fatality rate in core industries, including automotive, refining, metal processing and oil & gas will be a key parameter for demand development. Global Market Scenario of PPE Industry

© 2016 Global Market Insights. All Rights Reserved  Hand protection, including industrial safety gloves market, is forecast to grow at 7% CAGR, from USD 8.7 billion in Food manufacturing, heavy chemicals, clinical diagnostics, pharmaceuticals, mining and metals are key application areas for this segment.  Personal protective equipment manufacturers design and supply products for different end-use industries by employing unique and innovative technologies. Most of them either have their own proprietary technology or license it from other industry participants. Continue.....

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© 2016 Global Market Insights. All Rights Reserved Application Analysis:- Transportation applications could present significant growth opportunities, with PPE market revenue estimated at just under USD 5 billion in Construction is another high-growth application segment, with expectations of 7.5% CAGR by Oil & gas personal protective equipment (PPE) market size was over USD 6 billion in 2015, and could see revenue in excess of USD 11 billion by the end of the forecast period. Regional Analysis:- U.S. personal protective equipment market size was estimated to be in excess of USD 12 billion in 2015, with strong growth indicators for the forecast timeframe. Rising occupational fatality rate, along with a pressing need for highly durable mechanical wear resistant and utility protective gears across core industries should drive growth. Competitive Market Share:- Some global participants have managed to overcome regional barriers, with Honeywell leading the industry interns of market share, estimated at over 27% in M, Dupont, Ansell, MSA, Uvex are some notable companies, with significant presence across various applications. 360° Analysis

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