Impact of COVID-19 on Economy, Industry and Company :
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in significant demand & supply gap, production delay and weak consumer demand of end products across industries. At Bizizz Market Research, our analyst has done extensive research across industries and identify various methodologies which would assist C-Level executive to counter this ongoing threat and make informed business decision.
Kindly contact us to know more details: https://www.bizizzmarketresearch.com/contact
The Global Respirators Market was Valued at US$ 6.7 Bn in 2019 and it is Expected to Reach More than US$ 12.45 Bn by 2028, Likely to Grow with the CAGR of 7.7 % During the Forecast Period.
Respirators are a device used to prevent the user to inhale hazardous atmospheres such as dust, fumes, airborne microorganisms, gases, and vapours. The global respirators market is anticipated to witness rapid growth during the forecast timespan. Some of the factors fuelling the growth of global market include emergence of infectious diseases, rising incidents of mesothelioma, and Covid-19 pandemic across the globe.
Increasing Cases of Covid-19 is expected to boost the Sale of Respirators which is anticipated to Fuel the Growth of Global Market
Respirators are majorly being used in industrial sectors to protect the workers from hazardous atmosphere. Currently, most of the respirators available in market have industrial settings. With the increasing cases of corona infected patients, FDA and CDC has declared to make more respirators for healthcare professionals in a joint effort. This action allowed the manufacturers to maximize the number of respirators with healthcare settings during coronavirus outbreak. This is expected to boost the sales scale of respirators in forthcoming years.
Also, respirators have application in several sectors including textile mills, chemical, construction, paper & pulp mills, and metalworking plants. This device offers protection and safety against different toxic substance present in surrounding air. Moreover, rising awareness regarding importance of workplace safety is anticipated to create growth opportunities for global market.
Supplied Air Respirators is anticipated to lead the Global Market during the Forecast Timespan
Based on product type, the supplied air respirator segment is anticipated to hold prominent share throughout the forecast period. These products offer positive pressure to the mask, high-level protection, and outward leakage system. Additionally, these products are less bulky as compared to other respirators which help the user to wear it for a long period. This is anticipated to boost the segment growth in coming years.
Furthermore, SCBA segment is expected to witness noteworthy growth owing to its prominence in several verticals including petrochemical, mining, oil & gas, and chemical. It provides pure and dry compressed air to full facepiece mask. It is the most commonly used respirators in IDLH environment.
Healthcare is expected to Witness Rapid Growth Whereas Oil & Gas Industry Led the Global Market by Holding Prominent Share
On the basis of end-use industry, oil & gas is anticipated to occupy highest share throughout the forecast period. The oil & gas wells release some explosive gases such as hydrogen sulphide gases which are dangerous for workers and can cause them to fatal respiratory injury or death. This necessitates the usage of respirators in the sectors which is expected to further stimulate the segment growth.
Furthermore, healthcare sector is gaining momentum owing to outbreak of Covid-19 and rising cases of infected patients across the globe. The private and public entities are focused on spreading awareness regarding usage of respirators which is expected to favour the segment growth.
Asia Pacific is Anticipated to Lead the Global Market During the Forecast Timespan
By geography, Asia Pacific is anticipated to occupy prominent share over the forecast period. The growth of the region can be credited to significant industrial sector in Asian countries. Moreover, growing oil & gas industry and increasing construction expenditure is expected to favour the regional growth.
North America and Europe is anticipated to witness remarkable growth in forthcoming years. This is mainly due to well-developed healthcare sector and rising consumer awareness. Moreover, stringent regulations regarding workforce safety imposed by OSHA is anticipated to surge the demand for respirators in North America.
Key players operating in global Respirators market include Jayco Safety Products, Honeywell International, Gentex, 3M, Dragerwerk, Kimberly-Clark, Bullard, Avon Protection Systems, Alpha Pro Tech, and MSA Safety.
Global Respirators Market by Product Type
- Air Purifier Respirator
- Powered Respirators
- Helmets, Hoods & Visors
- Full Face Mask
- Half Mask
- Unpowered Respirators
- Full Face Mask
- Half Mask
- Disposable Filtered Mask
- Powered Respirators
- Supplied Air Respirator
Global Respirators Market by End-Use Industry
- Oil & Gas
- Fire Services
Global Respirators Market by Region
- North America
- Asia Pacific
- Middle East & Africa
- Latin America