North America Respiratory Protective Equipment Market Expected To Fuel Industry Growth With $2.86 Billion By 2026: Grand View Research Inc.
The North
America Respiratory Protective Equipment (RPE) market size is expected to reach USD 2.86 billion by 2026, according to
a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.9% over the forecast period. The
industry is anticipated to witness growth owing to the stringent regulations
and guidelines for employee safety, by various regulatory bodies such as
Occupational Safety and Health Administration (OSHA) and Centers for Disease
Control and Prevention (CDC).
The shortage in supply of raw materials from
Chinese manufacturers has resulted in a severe demand-supply gap. The
manufacturers are further expected to be stranded on raw material orders owing
to the logistics industry being significantly impacted due to lockdown amid
COVID-19. However, the producers are expected to move away from China aiming to
reduce the future risks that would affect the business and to reduce the
manufacturers' cluster in a single country in order to smoothen the supply
chain. The report will account for Covid19 as a key market contributor.
Increasing incidence of occupational
illness and deaths in industries coupled with rapid outbreak of diseases urge
various health regulatory bodies to adopt necessary measures for preventing further
occurrences. The penetration of RPE for protecting employees against vapors,
inhaling hazardous gases, chemical agents, particulates, radiological
particles, and biological contaminants is projected to drive the product
demand.
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Growing importance of raw materials
offering features, such as lightweight, comfort, higher heat resistance, and
low breathing resistance has been a significant incentive for companies to
conduct extensive R&D. These initiatives are primarily aimed at achieving
the multi-functionality of protective clothing by adding innovative add-ons to
the existing equipment.
North America RPE Market Report Highlights
·
Air-purified Respirators (APR)
accounted for 61.4% of market share in terms of revenue in 2017 owing to
growing demand for powered, unpowered, and escape respirators in U.S. and
Canada
·
In Mexico, demand for escape
respirators is expected to be USD 12.2 million by 2026 as these masks are
increasingly being used for protection against Chemical, Biological,
Radiological, and Nuclear (CBRN) warfare agents
·
In Canada, demand for airline
respirators is expected to witness significant CAGR of 7.1% during the forecast
period as they provide respiratory protection for longer durations which aids
its application in industrial applications
·
APR in the fire services industry
in Mexico is expected to expand at a CAGR of 8.7% over the forecast period as
APRs offer protection to the firefighters from different toxic and carcinogenic
compounds
·
Major companies involved in the
North America Respiratory Protective Equipment (RPE) market include 3M, DuPont,
Avon Rubber plc, Alpha Pro-Tech, Ansell, Bullard, VF Imagewear (Bulwark), Delta
Plus, ILC Dover, and Kimberley Clark Corporation
Technological advancements and growing
concerns about employee health and safety are anticipated to provide lucrative
opportunities to market participants over the next few years. Product
innovation for enhancing the shelf-life of respiratory protective equipment is
further estimated to positively drive the North America Respiratory Protective
Equipment (RPE) market over the projected period.
The
major players operating in the region offer a wide range of product portfolio
catering to diverse industries, providing them a competitive edge over their
counterparts. Multifunctional, price, and regulatory compliances are expected
to be the future trends to gain market share.
Market
players are inclined toward developing new and innovative respirators. The
companies are also shifting their focus to manufacturing fashionable and high
performance respiratory protective equipment, as the demand for durable and
customized equipment has increased over the past few years.
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Grand View Research has segmented the North
America Respiratory Protective Equipment (RPE) market on the basis of product
and end-use:
North America Respiratory Protective Equipment
(RPE) Product Outlook (Revenue, USD Million, 2014 - 2026)
·
Air Purifier Respirator
o Unpowered Respirators
o Disposable Filtered Mask
o Half Mask
o Full Face Mask
o Powered Respirators
o Half Mask
o Full Face Mask
o Helmets, hoods & visors
o Escape Respirators
·
Supplied Air Respirator
North America Respiratory Protective Equipment
(RPE) End-use Outlook (Revenue, USD Million, 2014 - 2026)
·
Oil & Gas
·
Fire Services
·
Petrochemical/Chemical
·
Industrial
·
Pharmaceutical
·
Healthcare
·
Mining
·
Others
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For
More Information:www.grandviewresearch.com
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