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Analysis of the Global Mining Industry PPE Market

  • June 2014
  • 229 pages
  • Frost & Sullivan
Report ID: 2154564

Summary

Table of Contents

Emerging Economies' Awareness of Safety and Regulatory Compliance will Revive a Stagnating Market

The study covers the market for global personal protective equipment (PPE) used in the mining industry. The market is analyzed in terms of 7 product segments: above-the-neck protection, respiratory protection, protective gloves, protective clothing, protective footwear, fall protection, and gas detectors. Revenue for each product segment is provided along with regional breakdowns. A regional overview is also provided to discuss mining hotspots of the world and the PPE market split and competitive structure in each region. The global market is divided into 8 regional markets: North America, Latin America, Western Europe, Central and Eastern Europe, China, Australia and New Zealand, Africa, and Rest of World.

Key Findings

-The global mining industry PPE market generated revenues of $ million in 2013 and is expected to grow at CAGR of % to reach $ million in 2018.
-The market is analyzed in terms of product markets: above-the-neck protection, respiratory protection, protective gloves, workwear, protective footwear, fall protection, and gas detectors.
-The global market is analyzed in regional markets: North America, Latin America, Western Europe, Central and Eastern Europe (CEE), China, Australia and New Zealand (ANZ), Africa, and Rest of World (RoW).
-The market is currently suffering sluggish growth from the repercussions of commodity prices slowdown. However, continuing global industrialization is likely to sustain demand for metallic and non-metallic minerals, which is likely to drive growth of the PPE market.
-As developed markets are relatively mature for mining PPE, growth is expected to be driven by emerging economies of China, India, CEE, Africa, and Latin America.
-Participants range from small companies that focus on a single type of equipment to a few large multinational corporations that manufacture and supply a wide range of sophisticated safety products.

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