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© 2016 Global Market Insights. All Rights Reserved Industrial Head Protection Market To Cross 400 Million Units By 2024 Safety Helmet.

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Presentation on theme: "© 2016 Global Market Insights. All Rights Reserved Industrial Head Protection Market To Cross 400 Million Units By 2024 Safety Helmet."— Presentation transcript:

1 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Industrial Head Protection Market To Cross 400 Million Units By 2024 Safety Helmet Market 2016 – 2024 Market Size: USD 2.3 billion in 2016 Forecast Market Size: USD 3.4 billion by 2024

2 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Industrial Head Protection Market size is set to exceed USD 3.4 billion by 2024; according to a new research report by Global Market Insights, Inc. Industrial Head Protection Market  Growing importance of workplace safety mainly in construction, mining, and chemical sectors should drive industrial head protection market size. Industrial safety helmet is widely used to protect from workplace hazards such as electric shocks, falling debris and falls. Rising number of occupational fatalities may have positive impact on industry growth.  Supporting regulatory guidelines by OSHA pertaining to mandatory use of safety equipment in the areas subjected to accidents, thereby promoting industrial head protection demand. Construction manufacturers are initiating various head protection programs to create awareness among workers due to stringent safety and security compliances at workplace. Global Market Scenario of Industrial Head Protection Industry

3 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Safety helmets & hard hats market size should exceed 350 million units by 2024. It has wide application scope in mining, oil refineries, and construction industries.  These sectors are prone to high risk from falling heavy objects, collision, moving objects and falls resulting in high chances of head injuries owing to nature of such working environment thereby driving industrial head protection market growth.  Polycarbonate, polypropylene, HDPE, ABS, and polystyrene are key raw materials used for manufacturing process.  Cost concerns regarding these raw materials owing to extensive usage in various end-use industries such as electronics, packaging and agriculture may hinder industry profitability and impact industrial head protection market price trend. Continue:-

4 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Request Sample Of this research report@ https://www.gminsights.com/request-sample/detail/1963 https://www.gminsights.com/request-sample/detail/1963

5 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com  Application Analysis:-  Safety helmets market size from oil & gas application expects volume consumption to exceed 70 million units by 2024. Industrial workers safety standards have made it mandatory to wear flame resistant head protection to protect on-site workers from accidental hazards occurring mainly from oil spills. Companies also provide safety equipment in on – site stores to ensure complete protection as per industry standards which is likely to boost product demand.  Safety helmet market size from construction application may witness strong gains over the foreseeable timeframe. This sector being highly labor intensive and report maximum fatality rate from head injuries due to falls, electrocutions, caught in or between, and struck by objects requires effective safety measures thereby having positive impact on industry growth.  As per OSHA, over 21% of the fatalities occur in construction sector which has led to rise in strict government regulations to lessen or reduce death numbers. Request for customization: https://www.gminsights.com/roc/1963

6 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Regional Analysis:  U.S. safety helmet market size may witness significant gains at over 3.5%. Increasing workplace mortality rate along with presence of substantial number of manufacturers in this region should promote product demand.  Europe industrial head protection market size should surpass USD 800 million by 2024. Favorable regulations by EU commission pertaining to safety helmets requirements and purpose across manufacturing industries should drive regional growth.  China industrial head protection market size is poised to surpass USD 300 million in sale by 2024. Competitive Analysis: Global industrial safety helmet market share is competitive and fragmented. MSA Safety, Honeywell International, DuPont, Gateway Safety, Mallcom, Radians, UVEX Safety and 3M are prominent players operating in market. Companies are engaged in manufacturing ecofriendly and customized products to gain competitive advantage, thereby promoting industry growth.

7 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Latest Research Report On Industrial Head Protection Market@ https://www.gminsights.com/industry-analysis/industrial-head-protection-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1963 https://www.gminsights.com/request-sample/detail/1963 Request for customization: https://www.gminsights.com/roc/1963 Browse Related Report: Personal Protective Equipment Market / PPE Market https://www.gminsights.com/industry-analysis/personal-protective-equipment-PPE-market

8 © 2016 Global Market Insights. All Rights Reserved www.gminsigts.com Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…!


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