Table of Contents
This market insight provides a qualitative analysis of how the shale energy revolution is affecting the PPE market and how various PPE sub-markets are impacted, including a discussion of the shale gas evolution and future implications. These sub-markets in the oil and gas industry have been analyzed qualitatively and top trends in each are discussed. Market challenges, drivers, and restraints are listed. A brief overview and outlook of shale energy in other parts of the world is also included.
The shale oil and gas boom in the United States has encouraged many personal protective equipment (PPE) suppliers to target the oil and gas industry, with the post-recession industrial outlook relatively leak in North America.
Following the game-changing success of the United States, many countries across the world have started exploring their shale resources, thereby generating potential demand for PPE.
Regulations remain the most significant driver for PPE in the oil and gas market.
The 2010 OSHA* mandate on flame retardant (FR) protective clothing fuelled massive growth in oil and gas protective clothing.
A new permissible exposure limit (PEL) set by OSHA for respirable crystalline silica is set to affect the respiratory protection market in shale oil and gas.
With increasing green awareness, sustainability is gaining importance in economies and business practices.
Validation of the true environmental benefits of shale oil and gas, as well as clarity surrounding health and environmental hazards of fracking processes are likely to be the true drivers to promote shale oil and gas and consequently PPE in the shale oil and gas market.
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