Industrial Eye Protection Market Update, Analysis, Forecast, 2017 – 2024

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Industrial Eye Protection Market To Surpass 270
million units by 2024
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Global Market Scenario of Industrial Eye
Protection Industry

• The 2017 Industrial Eye Protection Market
  forecast report focuses on regional growth for
  15 countries, leading industry companies,
  applications of Aluminum Alloys Market and more
  with an aim to help take business decisions.
• Industrial Eye Protection Market size is
  estimated to exceed USD 2.5 billion by 2024
  according to a new research report by Global
  Market Insights, Inc.
• Positive outlook towards occupational safety in
  oil gas, chemicals, mining and construction
  industry will propel industrial eye protection
  market growth. Prevention from chemicals, heat
  optical radiation are the key properties
  enhancing product demand.
• Increasing employer awareness pertaining to work
  safety will support the industrial eye protection
  demand. For instance, OSHA has implemented safety
  standards for several end-use industries to
  prevent the injuries at workplace.

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Continue-

• Construction application was worth over USD 310
  million in 2016. Increasing government spending
  on building tunnels, dams, roads, and bridges
  globally will drive the growth. China is
  projected to be among the major contributor.
  China construction spending was over USD 730
  billion in 2016.
• CR-39 lenses will witness gains at 3 up to 2024.
  High optical quality compared to glass along with
  comparatively less manufacturing cost has driven
  industry growth in this segment. Entrance of
  trivex as an ultra-light, thin and high impact
  resistant lenses will open new avenues in the
  industry.
• High profit margins due to increasing product
  penetration will fuel the industry growth.
  However, inability to expand business in untapped
  regions due to non-standardized safety
  regulations will restrain the industrial eye
  protection market growth.

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360 Industry Analysis

• Product Analysis-
• Safety spectacles was valued over USD 770 million
  in 2016. Technological advancement including
  anti-glare, anti-scratch and UVA/UVB protective
  products will support the industry demand.
• Safety goggles will generate revenue over USD 970
  million by 2024. Rising product penetration in
  pharmaceutical laboratories and research centers
  will create new opportunities for the business
  growth.
• Face shields will witness growth over 4 up to
  2024. Manufacturing and construction industry
  expansion in developing countries will support
  the industry demand. Superior protection against
  chemical splash and blood borne pathogens has
  enhanced the product demand.

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Regional Analysis Europe industrial eye
protection market was more than 70 million units
in 2016. Favorable socio-economic factors
accompanied by increasing manufacturing
facilities will drive the demand. Strong presence
of the key manufacturers in this region will
propel the industry growth. Changing lifestyle
along with increasing awareness regarding worker
safety has encouraged the product penetration.
North America industrial eye protection market
will witness gains at 3.2 up to 2024. High
prevalence for employee safety along with
stringent government regulations are the key
factors supporting the business growth. As per
NIOSH, about 2000 workers in U.S. sustain
workplace eye injury per day, that requires
medical treatment. Competitive
Analysis Global industrial eye protection
market share is moderately consolidated due to
presence of few industry players holding major
industry share. Major key players include 3M,
Bolle Safety, Honeywell, MCR Safety, Egde, MSA
Safety, Encon Safety, Ergodyne and Gateway
Safety. Mergers, acquisitions, new product
launches and supply agreements are the key
strategies adopted by the major players.
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Protection Market_at_ https//www.gminsights.com/indu
stry-analysis/industrial-eye-protection-market
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- Personal Protective Equipment (PPE)
Markethttps//www.gminsights.com/industry-analys
is/personal-protective-equipment-PPE-market
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