Stratview Research delivers key insights on the global Hearing Protection Equipment Market. According to Stratview Research, the market is segmented By Product Type (Single-Use Earplugs, Pre-Formed Earplugs, Semi Aural, Earmuffs, Other), End-User (Manufacturing, Construction, Oil and Gas, Transportation, Pharmaceuticals, Chemicals, Food, Mining, Agriculture, Defense, and Maritime), and Region.
The report also covers the Covid impact on the market. Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and an uptrend is witnessed from 2021.
Market Insights
The report suggests that the overall Hearing Protection Equipment market is projected to grow from USD 1.3 billion in 2020 to USD 1.9 billion by 2026 at a CAGR of around 6.8% during the forecast period.
Market Segments' Analysis
By end-use, the hearing protection equipment market has been bifurcated into manufacturing, construction, oil and gas, transportation, pharmaceuticals, chemicals, food, mining, agriculture, defense, and maritime. The manufacturing segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period.
By region, the market in North America accounted for the largest market share in 2020 and is projected to grow at a significant CAGR during the assessment period. The regional growth is primarily attributed to the high demand for advanced hearing protection equipment coupled with the presence of key market players such as The 3M Company (US) and DuPont de Nemours, Inc. (US). The market growth in the Asia-Pacific region is expected to be driven by increasing growth of the end-use industries in developing countries particularly China and India coupled with rising per capita disposable income of the consumers.
Key Players
The following are some of the key players in the Hearing Protection Equipment Market:
· The 3M Company (US)
· DuPont de Nemours, Inc. (US)
· Honeywell International Inc. (US)
· Ansell (Australia)
· Avon Protection plc (UK)
· Mine Safety Appliances (US)
· Uvex Arbeitsschutz GmbH (Germany)
· W. W. Grainger, Inc. (US)
· Bullard (US)
· Kimberly-Clark Corporation (US)
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