Grand View Research, Inc. – Market Research And Consulting.
According to new report by Grand View Research, Southeast Asia personal protective equipment (PPE) market size was estimated at USD 984 million in 2015 and Increasing awareness toward employee safety along with rising industrial accidents and safety laws are anticipated to drive market growth.
The Southeast Asia PPE market value is anticipated to reach USD 2.10 billion by 2025, according to a new report by Grand View Research, Inc. Growing awareness for improving the safety of workers owing to increasing incidences of occupational accidents, government agencies such as OSHA, EASHW, ISO, and CEN have legislated stringent guidelines.
Contact with harmful chemicals in working environments of industries has been one of the major factors concerned with health issues of workers. Emissions of radiation, heat and fumes during industrial processing cause health risks and there is a high risk that these will lead to health issues such as cancers, pulmonary diseases, skin irritation, loss of vision, and other such ailments. In the recent past years, several rounds of examination from various organizations and HSE agencies in the region were done to progress safety standards in industries.
Fall protection product segment is expected to grow at the highest CAGR of around 8% from 2016 to 2025. The fall protection equipment finds application across various industries such as power, construction, oil and gas, rescue & government. The fall protection equipment includes chest harness, body belts, suspension belts, full body harness, and safety nets.
Hand protection equipment including safety gloves are expected to remain the leading product category over the next nine years. The segment is estimated to reach a net worth exceeding USD 490 million by 2025.
Full research report on Southeast Asia PPE Market Analysis: http://www.grandviewresearch.com/industry-analysis/southeast-asia-personal-protective-equipment-ppe-market
Further key findings from the report suggest:
Chemical defending apparel emerged as the largest protective clothing application segment and accounted for over 30% of the total demand in 2015
Aramid fiber-based mechanical protective clothing are expected to emerge as the fastest growing material segment and is projected to reach USD 24.7 million by 2024
Durable gloves generated the maximum revenue in hand protection segment with a net worth exceeding USD 135 million in 2015
PPE requirement in the manufacturing sector is estimated to remain the major grosser and is anticipated to witness the fastest growth over the forecast period. The segment generated a total revenue of USD 42 million in 2015 in Thailand and is expected to grow at a CAGR of 8.2% from 2016 to 2025.
Indonesia PPE demand was USD 352.6 million in 2015 and is expected to grow at a CAGR of 8% from 2016 to 2025
Key players including E.I. DuPont De Numours and Company, Huntsman Corporation, the 3M Company, Solvay S.A. and Teijin Ltd. dominated the Southeast Asia personal protective equipment market in 2015
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/smart-textiles
Grand View Research has segmented the Southeast Asia PPE market on the basis of product, end-use and region:
Southeast Asia PPE Product Outlook (USD Million, 2014 – 2025)
Head, Eye & Face Protection
Hearing Protection
Protective Clothing
Thermal/Flame Retardant Clothing
Chemical Defending Garments
Mechanical Protective Clothing
By Material
Aramid Fibers & Blends
Cotton Fibers
Polyester
Polyamide
Others
Other Protective Clothing
Respiratory Protection
Air-Purifying Respirator
Supplied Air Respirator
Protective Footwear
By Design
Boots
High Ankle Shoes
Regular Shoes
By Material
Leather
Rubber
PVC
Polyurethane
Others
Fall Protection
Hand Protection
Durable Gloves
Mechanical Gloves
Cut-Resistant Gloves
Multi Task Gloves
Oil Repellant Gloves
Chemical Handling Gloves
Thermal/Flame Retardant Gloves
Others
Disposable Gloves
By Design
General Purpose Gloves
Chemical Handling Gloves
Clean Room/Sterile Gloves
Surgical & Examination Gloves
Others
By Material
Natural Rubber
Nitrile
Neoprene
Vinyl
Others
Others
Southeast Asia PPE End-use Outlook (USD Million, 2014 – 2025)
Construction
Oil & Gas
Chemical/Petrochemicals
Manufacturing
Food & Beverage
Healthcare/Pharmaceuticals
Transportation
Mining
Others
Southeast Asia PPE Regional Outlook (USD Million, 2014 – 2025)
Singapore
Vietnam
Malaysia
Indonesia
Thailand
Rest of Southeast Asia
Read Our Blog: http://www.grandviewresearch.com/blog/southeast-asia-personal-protective-equipment-ppe-market-size-share
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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