Monday 7 August 2017

Global Market Insights, Inc. reveals Industrial Head Protection Market would cross $3.4 bn by 2024

The industry growth reports Industrial Head Protection Market. This report is categorized by Materials like ABS, HDPE, Polycarbonate, FRP, Polystyrene, Polypropylene; by Product which are: Safety Helmets & Hard Hats, Bump Caps; by Applications of: Construction, Oil & Gas, Mining, Food, Chemicals, Pharmaceutical, Transportation; by Industry Analysis; Regional Outlook of countries: U.S., Canada, Mexico, Germany, UK, France, Italy, Russia, China, India, Japan, South Korea, Australia, Thailand, Malaysia, Brazil, South Africa, South Arabia, UAE; by Application Potential; Price trends; Competitive Market Share & Forecast, 2017-2024. According to this report, Global Market Insights, Inc. has predicted Industrial Head Protection Market would surpass USD 3.4 billion valuation by 2024.

One thing that drives Industrial Head Protection Market size is the growing importance of workplace safety, mainly in construction, mining and chemical sectors. Industrial Safety Helmet is widely used to protect from workplace hazards such as electric shocks, falling debris and falls. Occupational fatalities are rising day by day and it has a huge positive impact on industry growth.

Online Safety Eyewear
Safety Eyewear from Sure Safety

Occupational Safety and Health Administration (OSHA) carries regulatory guidelines pertaining to mandatory use of safety equipment in the areas subjected to accidents, thereby promoting Industrial Head Protection Demand. Even the construction manufacturers are initiating various head protection programs among workers due to stringent safety and security compliances at the workplace.

Global Market Insights, Inc. claims Safety Helmets & Hard Hats Market Size should exceed 350 million units by 2024. Its application scope in mining, oil refineries and construction industries is observed to be wide.  All these sectors are prone to high risk from falling heavy objects and falls resulting in high chances of head injuries which owe to the nature of such working environment, thereby driving industrial head protection market growth.

Online Industrial Helmets
Industrial Helmets from Sure Safety

Oil & Gas application expects volume consumption of safety helmets market size to exceed 70 million by 2024. Industrial workers safety standards have made it mandatory to wear flame resistant head protection which would protect on-site workers from accidental hazards occurring from oil spills. Safety Helmet Market Size from construction application may witness strong gains over the foreseeable timeframe. U.S. safety helmet market size may witness significant gains at over 3.5%. Europe Industrial Head Protection Market is poised to surpass USD 800 million in sale by 2024. This sector is highly labour intensive and report maximum fatality rate from head injuries due to falls, electrocutions, caught in between, and struck by objects requires effective safety measures thereby having a positive impact on industry growth. As per OSHA, over 21% of the fatalities occur in the construction sector which has led to rising in strict government regulations to lessen or reduce death numbers.

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