The global respiratory protective equipment market size is expected to reach USD 9.96 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 7.0% during the forecast period. Rising occupational safety regulations for ensuring worker safety is expected to boost the product demand.
Increasing demand for multi-purpose RPE such as respirators with in-built gas detectors is expected to drive R&D in developing efficient and durable respirators for preventing the spreading of biological hazards. Rising proactive measures taken by several associations such as ANSI, ASTM, and ISO is anticipated to have a positive impact on the market growth.
Rising concerns regarding biological diseases coupled with exposure to toxic and radioactive air pollutants is anticipated to augment the product demand over the forecast period. In addition, an increasing number of illness cases in mining and chemical industries owing to the prolonged exposure to polluted air is likely to drive growth of the RPE market.
Surging demand for multi-utility RPE coupled with technological advancements is expected to offer ample opportunities for market expansion over the forecast period. Major players such as 3M and Honeywell International are focused on developing RPE at economies of scale to strengthen their market share.
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www.grandviewresearch.com/industry-analysis/respiratory-protective-equipment-market
Further key findings from the report suggest:
Grand View Research has segmented the global Respiratory Protective Equipment (RPE) market on the basis of product, application, and region:
Respiratory Protective Equipment (RPE) Product Outlook (Revenue, USD Million, 2014 - 2025)
Reference: https://penzu.com/p/971463ea