PAPR Market Size Is Likely To Touch New Height Of $2.38 Billion By 2024: Grand View Research, Inc.

The global powered air purifying respirator (PAPR) market is anticipated to touch USD 2.38 billion by 2024, according to a report by Grand View Research, Inc. Powered air purifying respirators are devices aimed to reduce workplace injuries and to ensure the well-being of workers. Such type of protective clothing is considered to protect the worker from airborne diseases. Emergences of diseases such as Middle East Respiratory Syndrome (MERS) have led to companies across various industrial sectors to adopt PAPR as a precautionary measure to safeguard health of their employees.

The global market for powered air purifying respirators is expected to gain a windfall during the forecast period (2014 to 2024). High prevalence of breathing disorders is one of the primary drivers for the steady expansion. Rising demand from end-user industries such as chemical, petrochemical, and pharmaceutical industries is projected to augur market growth over the forecast period. Workplace guidelines for the mandatory use of respiratory protective equipment are predicted to keep the market demand steady. On the other hand, low consumer awareness regarding the equipment may hamper market growth.


Manufacturers are focusing on enhancing the design of the equipment to make it ergonomic and safe. Initiatives such as Project BREATHE are focused on improving the battery of PAPR in order to make room for other equipment such as microphones. In October 2017, Honeywell launched the Honeywell North Primair PA700 Series PAPR to ensure employee safety and protects against airborne particulates. Bullard, one of the prominent manufacturers of protective equipment has developed a smart charger which senses the fluctuations in voltage and still manages to keep the air flow constant in PAPRs. The latest technology is being integrated into PAPRs to provide the employee with ample information regarding battery and air flow to prevent any workplace accident.

The worldwide power air purifying respirator (PAPR) market is segmented by product, end-use, and region. By product, the market is divided into helmets, hoods, and visors, full face mask, and half mask. Major end-use sectors include mining, industrial, petrochemical/chemical, healthcare, pharmaceutical, fire services, oil and gas, and others.

Regions covered in the market report include Middle East and Africa (MEA), Central and South America (CSA), North America, Asia Pacific (APAC), and Europe. In 2015, the Europe market accounted for 30% revenue share due to strict safety and health guidelines in workplaces. Concerns over growing respiratory disorders and strict policies regarding silica and asbestos are expected to influence market over the forecast period. The market is expected to be valued at USD 757.5 million by 2024.

The North America PAPR market is expected to enjoy a 6.4% CAGR from 2015 to 2024. Policies aimed at workers in the oil and gas and construction sectors are expected to drive the demand in this region. Rising investment in military and defense sectors is projected to play a major role in the regional market growth.

The APAC powered air purifying respirator market is expected to enjoy a 7.7% CAGR from 2016 to 2024 owing to high investments in food and beverages, manufacturing, and construction sectors. The India and China markets are projected to enjoy impressive demand from electronics and automobile sectors. China, in particular, is anticipated to reach a market size of USD 200 million by 2024 due to strict workplace guidelines in oil and gas, healthcare, and mining sectors.

The MEA market is expected to expand at a decent CAGR during the forecast period owing to its emphasis in the healthcare sector. Lifestyle problems related to health, expendable income of consumers, and increased government budgets focusing on health of its citizens is anticipated to drive regional market demand.

Key players in the powered air purifying respirator (PAPR) market include The 3M Company, Kimberly-Clark Corporation, Drägerwerk AG & Co. KGaA, ILC Dover, LP, and Avon Rubber PLC. Most companies are focusing on research and development to enhance the features of their respective products. Partnerships with technological research institutes are a common trend seen in the 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

No comments:

Post a Comment

mHealth Apps Market Is Projected To Reach $236.0 Billion By 2026

The global  mHealth apps market  size is expected to reach USD 236.0 billion by 2026, according to a new report by Grand View Research, In...