Global Hazmat Suits Market - Segmented by Degree of Protection, Type, User, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)
The global hazmat suits market is expected to register a CAGR of 5.5% during the forecast period of 2018–2023. A hazmat suit is an impermeable suit that gives protection against any hazardous materials.
Increased Focus on Work Safety
Current day safety trends in the workplace have improved. Due to strict law enforcement and employee safety, most of the employers ensure safety to avoid job-related injuries. Companies make the best use of available resources to ensure everyday safety. Most of the companies have on job safety training by specially allocated safety team. Safety measures in any company is a benefit to the company, as, if any worker gets injured on the job, it is not only a financial loss but the company also has to face legal procedures, which are drawbacks for a company.
Hazmat suit is a garment which covers the entire body to protect against any dangerous materials or organisms. Hazmat suits are generally used by doctors and medics while treating any patients with dangerous infectious diseases. Especially while handling any hazardous materials like chemicals, radioactive materials, and biological agents, employees are provided with hazmat suits to ensure safety. Due to the fact that all companies or workplaces are focusing more on work safety, the hazmat suits market is estimated to expand. The other factors, such as occupational safety regulations and higher growth in developing economies are the major drivers for the market.
High Raw Material Cost
Hazmat suits are designed to provide protection against chemical agents, nuclear agents, biological agents, and fire/high temperatures. Suits are of different types depending on the task and the level of risk. Suits are often designed in such a way that they are airtight, to ensure the safety of the user so that he will not come into direct contact with, or inhale dangerous substances. Hazmat suits are differentiated by different levels based on the safety they offer. Each level of hazmat suit is made of different raw materials. Different coating and spreading techniques are used in order to combine different kinds of raw materials, which is a costly procedure, and a major restraint for the market. The other factors, such as the use of phase change material and multifunctional clothing are the major restraints for the hazmat suits market.
North America Leads the Market
North America held the largest share in the hazmat suits market in 2017. Asia-Pacific shows the highest growth in the forecast period due to the increase in the use of hazmat suits for safety purpose.
Key Developments in the Market