The
global hazmat suits market size is expected to grow by USD 3.83 billion
during 2020-2024. The report also provides the market impact and new
opportunities created due to the COVID-19 pandemic. The impact can be expected
to be significant in the first quarter but gradually lessen in subsequent
quarters – with a limited impact on the full-year economic growth, according to
the latest market research report by Technavio.
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Market estimates include pre- and
post-COVID-19 impact on the hazmat suits market -
The increasing incidence of various infectious diseases, especially
respiratory diseases, such as coronavirus disease (COVID-19), severe acute
respiratory syndrome (SARS), Ebola virus disease (EVD), and the Middle East
respiratory syndrome (MERS), is driving the demand for protective equipment for
people and healthcare professionals across the globe. The increasing use of
such equipment is boosting the demand for protective clothing, such as hazmat
suits.
COVID-19 is a highly infectious disease that spreads through human to
human contact. Doctors and other healthcare staff are more vulnerable to the
disease as they frequently come in contact with patients that are infected with
the disease. Hazmat suits are widely used to protect physicians, healthcare
staff, and sanitary personnel from contamination involved in treatment and
sanitary services in contaminated areas. Thereby, the demand for hazmat suits
to combat COVID-19 will contribute to the market growth.
As per Technavio, the increasing demand for hazmat suits from the
manufacturing industry will have a positive impact on the market and contribute
to its growth significantly over the forecast period. This research report also
analyzes other significant trends and market drivers that will influence market
growth over 2020-2024.
Hazmat Suits Market: Increasing Demand for Hazmat Suits from
Manufacturing Industry
The manufacturing industry is one of the significant contributors to the
total GDP of industrialized economies such as the US. The manufacturing
industry consists of different application areas that may pose diverse risks.
There are several primary and auxiliary processes, such as welding and metal
manufacturing, in different stages of manufacturing. Workers are quite often
exposed to hazardous environments where protective equipment such as hazmat
suits must necessarily be used. Different types of protective equipment must be
compulsorily used at manufacturing sites to ensure the safety of workers.
Specialized hazmat suits and gloves help control contamination and protect
users from harmful particles and sensitive pharmaceutical products and
processes, thereby ensuring the safety of workers. Thus, the increasing demand
for hazmat suits from the manufacturing industry will drive the growth of the
market during the forecast period.
Hazmat Suits Market: Segmentation Analysis
This market research report segments the hazmat suits market by
application (infection control and biohazards, chemical wastes, hazardous
materials, and others) and geography (North America, Europe, APAC, MEA, and
South America).
The North American region led the hazmat suits market share in 2019,
followed by Europe, APAC, MEA, and South America respectively. During the
forecast period, the North American region is expected to register the highest
incremental growth due to factors such as the increasing prevalence of deadly
infectious diseases, and the region's dominance in various industries, such as
oil and gas, chemicals, healthcare, and aerospace.
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