NEW YORK, Oct. 30, 2017 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05168436The respiratory protection equipment market is estimated at USD 5.25 billion in 2017 and is projected to reach USD 7.28 billion by 2022, at a CAGR of 6.8% from 2017 to 2022. The growth of the respiratory protection equipment market is primarily due to the rising awareness about workplace safety and the adoption of stringent regulatory frameworks. In addition, the massive industrial growth in Asia Pacific and the Middle East & Africa is expected to drive the growth of the respiratory protection equipment market during the forecast period. However, factors such as rising automation in various end-use industries and the high price of supplied air purifiers restrain the growth of the respiratory protection equipment market.The air-purifying respirators segment is estimated to lead the respiratory protection equipment market in 2017By product type, the air-purifying respirators segment is estimated to lead the respiratory protection equipment market in 2017. This segment is also projected to register the highest CAGR between 2017 and 2022. This high growth is mainly attributed to the increasing demand for disposable respirators in the healthcare & pharmaceuticals industry. The rising number of surgical workforce in hospitals globally is expected to drive the market for air-purifying respirators during the forecast period.By end-use industry, the healthcare & pharmaceuticals segment is projected to lead the respiratory protection equipment market during the forecast periodThe demand for respiratory protection equipment in the healthcare & pharmaceuticals industry is mainly driven by the increase in consumption of air-purifying respirators. Disposable air-purifying respirators are used in the healthcare & pharmaceuticals industry for protection against biohazards and chemical hazards. Global healthcare expenditures are rising due to increasing health awareness and income level. The increasing workforce in the healthcare industry is expected to fuel the growth of the respiratory protection equipment market in the healthcare & pharmaceuticals industry.The Asia Pacific respiratory protection equipment market is projected to grow at the highest CAGR between 2017 and 2022The Asia Pacific respiratory protection equipment market is expected to grow at the highest CAGR during the forecast period. This high growth is attributed to rising expenditure on healthcare, increasing awareness about workplace safety, and high growth in the industrial sector. The North American and European markets are expected to witness moderate growth rates owing to the slow growth of major end-use industries in these regions.Breakdown of profiles of primary interviews for the report• By Company Type – Tier 1–37%, Tier 2–50%, and Tier 3–13%• By Designation – C Level–50%, Director Level–31%, and Others–19%• By Region – North America–28%, Europe–22%, Asia Pacific–17%, Middle East & Africa–28%, and South America–5%Some of the key companies profiled in this report are Honeywell International (US), 3M (US), Kimberly-Clark (US), Avon Protection Systems (US), MSA Safety (US), Alpha Pro Tech (Canada), Bullard (US), Dragerwerk (Germany), Gentex (US), and Jayco Safety Products (India).Research CoverageThe respiratory protection equipment market has been segmented on the basis of product type, end-use industry, and region. On the basis of product type, the market has been subsegmented into air-purifying respirators (powered air-purifying respirators and non-powered air-purifying respirators) and supplied air respirators (self-contained breathing apparatus, air-line respirators, and loose fitting hoods). Based on end-use industry, the market has been subsegmented into healthcare & pharmaceuticals, defense & public safety services (defense and firefighting & law enforcement), oil & gas, manufacturing (automotive, chemical, metal fabrication, food & beverage, woodworking, and paper & pulp), mining, construction, and others (agriculture & forestry, textile, cement production, power generation, and shipbuilding). The market has also been segmented on the basis of regions into Asia Pacific, Europe, North America, the Middle East & Africa, and South America.Key BenefitsThis report covers the following studies:• Market segmentation based on product type, end-use industry, and region and their subsegments• Market dynamics, including drivers, restraints, opportunities, and challenges• Value chain analysis• Porter's five forces analysis with respect to the respiratory protection equipment market• Profile of the key players in the respiratory protection equipment marketRead the full report: https://www.reportlinker.com/p05168436
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