Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Monday, November 6, 2023

Global Power Air Purifying Respirator Market is Anticipated to Grow at a CAGR of 6.1% during 2024 to 2030

The future of the global power air purifying respirator market looks promising with opportunities in the oil & gas, metal fabrication, agricultural, food & beverage, fire services, petrochemical/chemical, industrial, pharmaceuticals, healthcare, and mining markets. The global power air purifying respirator market is expected to reach an estimated $3.9 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are occurrence of various infectious biohazards, stringent regulations and standards mandating the use of respiratory protective equipment in various industries, and increasing need for the health and safety of workers.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the power air purifying respirator market by product (half mask, full face mask, helmets, and hoods & visors), application (oil & gas, metal fabrication, agricultural, food & beverage, fire services, petrochemical/chemical, industrial, pharmaceuticals, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, half mask, full face mask, helmets, and hoods & visors are the major segments of power air purifying respirator market by product. Lucintel forecasts that full-face masks will remain the largest segment over the forecast period due to protection against hazards, such as asbestos stripping and disposal activities.Within this market, industrial will remain the largest segment due to high demand for workers to prevent them from numerous health and safety hazards, such as biological & blood borne pathogens hazards, waste anesthetic gas exposures, and potential chemical & drug exposures.

North America is expected to witness highest growth over the forecast period due to strict norms for occupational health & safety ruled by regulatory bodies, such as the occupational safety and health administration and American national standard institution to provide employee safety in the region.

3M, Avon Rubber, Bullard, ILC Dover, Honeywell, Dragerwerk, and Optrel are the major suppliers in the power air purifying respirator market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

Explore Our Latest Publications

Esoteric Testing Market

Biometric Payment Card Market

Drainage Composite Market

Education and Learning Analytic Market

Hybrid Memory Cube Market

Industrial Hose and Fitting Market

No comments:

Post a Comment