Personal Protective Equipment (PPE) Market size forecast is likely to hit USD 67.66 billion by 2023

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Personal Protective Equipment Market Size, Trends
and Forecast 2016-2023
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Global Market Scenario of PPE
Industry

• 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 2015.
• 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.

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Continue.....

• Hand protection, including industrial safety
  gloves market, is forecast to grow at 7 CAGR,
  from USD 8.7 billion in 2015. 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.

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https//www.gminsights.com/industry-analysis/perso
nal-protective-equipment-PPE-market View
research report here
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Application Analysis- Transportation
applications could present significant growth
opportunities, with PPE market revenue estimated
at just under USD 5 billion in 2015. Construction
is another high-growth application segment, with
expectations of 7.5 CAGR by 2023. 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 2015. 3M, Dupont, Ansell, MSA, Uvex
are some notable companies, with significant
presence across various applications.

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Latest Research Report On Personal Protective
Equipment Market_at_ https//www.gminsights.com/indu
stry-analysis/personal-protective-equipment-PPE-ma
rket Download Latest Report PDF _at_
https//www.gminsights.com/request-sample/detail/3
73
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