Grand View Research, Inc. - Market Research And Consulting.Increasing demand from applications, such as construction and healthcare, and rising safety concerns are expected to drive the product demand. The global market is segmented based on plastic categories, which include acrylic, acrylonitrile butadiene styrene, polyamide, polycarbonate, polyester, polyethylene, polyethylene terephthalate, polyphenylsulfone, polypropylene, and others.
Plastics In Personal Protective Equipment Market Growth & Trends
The global plastics in personal protective equipment market size is expected to reach USD 34.8 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 17.0% over the forecast period. Increasing demand from applications, such as construction and healthcare, and rising safety concerns are expected to drive the product demand.
The demand for plastics in PPE is expected to increase majorly in the respiratory protection and hand protection applications owing to the high in demand for masks, gloves, face shields, etc. across various industries, such as building & construction, chemical manufacturing industries, and laboratories, due to COVID-19 pandemic. Asia Pacific is expected to lead the global market due to the strong presence of prominent product manufacturers in the region.
The global market is segmented based on plastic categories, which include acrylic, acrylonitrile butadiene styrene, polyamide, polycarbonate, polyester, polyethylene, polyethylene terephthalate, polyphenylsulfone, polypropylene, and others. Polyethylene was the prominent product segment and accounted for over 25% of the global revenue in the year 2019. The polyester product segment is expected to witness significant growth due to the high demand for protective vests, gloves, and body covers.
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Plastics In Personal Protective Equipment Market Report Highlights
The global market was valued at USD 3.8 billion in 2019 and is estimated to expand at a CAGR of 17.0% from 2020 to 2027
Respiratory protection is expected to be the fastest-growing application segment at a CAGR of 17.4% over the forecast period
This growth is attributed to the rising demand for different types of masks, such as surgical, N95, N93, and specialized gas masks
Hand protection segment is estimated to account for the largest revenue share by 2027 due to rising demand for these products
APAC was the largest regional market in 2019 and is estimated to retain its leading position throughout the forecast period due to the rapidly growing healthcare sector in countries, such as India and China
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Plastics In Personal Protective Equipment Market Segmentation
Grand View Research has segmented the global plastics in personal protective equipment market on the basis of product, application, and region:
Plastics In PPE Product Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
Polyvinyl chloride (PVC)
Polyethylene terephthalate (PET)
Acrylonitrile butadiene styrene (ABS)
Plastics In PPE Application Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
Head, Eye & Face Protection
Plastics In PPE Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2016 - 2027)
Central & South America
Middle East & Africa
List of Key Players of Plastics In Personal Protective Equipment Market
Evonik Industries AG
Sumitomo Chemical Co., Ltd.
Eastman Chemical Company
Chevron Phillips Chemical Company
Exxon Mobil Corporation
Browse More Reports in Plastics, Polymers & Resins Industry: https://www.grandviewresearch.com/industry/plastics-polymers-and-resins
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 126 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 4126 analysts and consultants, the company adds 121200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 600 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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