The
global powered air purifying respirator
market is
expected to reach USD 2.38 billion by 2024, according to a new report by Grand
View Research, Inc. PAPR have witnessed growing significance in the past few
years owing to increasing demand in fire services, petrochemical,
pharmaceutical, and chemical industries.
Growing concern towards
lost productivity and insurance costs associated with workplace-related
injuries has urged the companies in these end-use sectors to prioritize
employee safety and implement stringent regulations for using PAPR in the
operating environment.
Full face mask PAPR
dominated the global demand in 2015 and is expected to emerge as the fastest
growing product category over the forecast period. The segment is estimated to
grow at a CAGR of 7.0% from 2016 to 2024. Rising demand for highly effective
respiratory protective equipment (RPE) in toxic and heavy industrial activities
such as metal-forming, chemical, oil & gas, and safety applications such as
fire protection and law enforcement is expected to stimulate product demand over
the next eight years.
Browse full report by Grand View Research : http://www.grandviewresearch.com/industry-analysis/powered-air-purifying-respirator-papr-market
Further
key findings from the report suggest:
·
The
industrial sector emerged as the leading PAPR end-use segment and accounted for
20.5% of total revenue share in 2015. The segment is estimated to reach a net
worth exceeding USD 480 million by 2024.
·
The
healthcare industry is anticipated to emerge as the fastest growing end-use
segment by 2024. The segment is anticipated to grow at an estimated CAGR of
7.4% from 2016 to 2024. Growing concern towards biological & radiological
hazards coupled with exposure to drug and waste gas is anticipated to play a
major role in steering product demand in the segment.
·
Europe
emerged as the dominant PAPR consumer and is expected to reach a market worth
USD 757.5 million by 2024. PAPR demand in Russia is expected to grow at an
estimated CAGR of 6.3% from 2015 to 2024.
·
Asia
Pacific powered air purifying respirator market is anticipated witness the
fastest growth over the next eight years. The regional market is expected to
grow at a CAGR of 7.7% over the forecast period.
·
The
global industry is marked by the presence of highly competitive participants
who are involved in continuous product differentiation for gaining a
competitive edge over other players. Companies such as 3M, Bullard, and Optrel
have invested in their product portfolio for developing PAPR specifically
designed for welding applications.
Browse more reports of this category by
Grand View Research: http://www.grandviewresearch.com/industry/smart-textiles
Grand View Research has
segmented the powered air purifying respirator market on the basis of product,
end-use, and region:
Global
Powered Air Purifying Respirator (PAPR) Product Outlook (Revenue, USD Million,
2014 - 2024)
·
Half
mask
·
Full
face mask
·
Helmets,
hoods, and visors
Global
Powered Air Purifying Respirator (PAPR) End-Use Outlook (Revenue, USD Million,
2014 - 2024)
·
Oil
& Gas
·
Fire
services
·
Petrochemical/chemical
·
Industrial
·
Pharmaceutical
·
Healthcare
·
Mining
·
Others
Global
Powered Air Purifying Respirator (PAPR) Regional Outlook (Revenue, USD Million,
2014 - 2024)
·
North
America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
UK
o
France
o
Russia
·
Asia
Pacific
o
China
o
India
o
Japan
·
Middle
East & Africa
·
Central
& South America
o
Brazil
View press release of this research report by Grand View
Research: http://www.grandviewresearch.com/press-release/global-powered-air-purifying-respirator-papr-market
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