Respiratory Protective Equipment Market , Top Key Players Review, Demand by 2027

akash9
akash9
3 min read

The global respiratory protective equipment (RPE) market size is projected to reach USD 12.88 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. Spread of the coronavirus through air route will surge the adoption of RPE throughout 2020, observes Fortune Business Insights™ The report states that the global market value stood at USD 6.54 billion in 2019 and features the following highlights: •Accurate computation of relevant market figures and values; •Thorough evaluation of the factors driving and obstructing market growth; •Tangible analysis of all the market segments; and •Exhaustive examination of the competitive landscape and regional dynamics influencing the market. Market Driver Extensive Utilization of RPE in Mining Industry to Stoke Growth Respiratory protective equipment is commonly used by miners owing to the massive health risks involved during mining operations, particularly coal mines. The most widely utilized RPE are powered air-purifying respirators (PAPRs) on account of their high efficacy in filtering out dust particles. These particles are known to cause severe lung disorders in miners who have had prolonged exposure to harmful dust. Such exposure has been known to lead to a common lung condition called pneumoconiosis, or dusty lung, which usually manifest in the form of silicosis and coal miners’ pneumoconiosis (CWP), or black lung. Both these conditions are incurable and invariably lead to premature deaths. Effective RPE can prevent miners from inhaling these toxic dust particles and save them from developing lifelong debilitating health conditions. Regional Insights Strict Implementation of Workplace Safety Rules to Accelerate the Market in North America In North America, where the market size stood at USD 2.52 billion in 2019, the market is expected to perform exceptionally well as regulatory bodies such as the Occupational Safety and Health Administration (OSHA) have been strictly imposing workplace safety rules. As a result, the adoption of RPE and other personal protective equipment such as hard hats has become mandatory in the US and Canada. Industry Developments: •May 2020: Alpha Pro Tech, a pioneer in protective apparel, reported that revenue in the first quarter of 2020 rose by 47.5% to reach USD 18.2 million, compared to the same period in 2019. According to the company, exponential growth in demand for its N-95 Particulate Respirator facemask and shield. •April 2020: 3M joined forces with Cummins to expand production of filters for 3M’s powered air-purifying respirators for high-efficiency filtration of particulate matter. The partnership aims at doubling the production of these filters to meet the surging demand for respiratory protective equipment the coronavirus pandemic. List of Key Players Covered in the Respiratory Protective Equipment Market Report: •Protective Industrial Products, Inc. (U.S.) •Jayco Safety Products Pvt. Ltd. (India) •Honeywell International Inc. (U.S.) •Gentex Corporation (U.S.) •Intech Safety (India) •Bullard (U.S.) •Alpha Pro Tech (Canada) •3M (U.S.) Information source: https://www.fortunebusinessinsights.com/respiratory-protective-equipment-rpe-market-103534

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