The HAZMAT suits market is estimated to boost at a CAGR of 8.13% from a market size of USD5.682 billion in 2019 to achieve a market size of USD9.083 billion by 2025. HAZMAT suit is an abbreviated form of hazardous material suit which is considered a whole-body garment for the protection of the user or wearer against potentially harmful chemical or biological substances. The increasing demand for protection against hazardous chemical and biological wastes is providing an opportunity for the market to flourish in the forecast period. The market for HAZMAT suits is predicted to increase during the forecast period along with the growing patient population at the global level along with an increasing number of several diseases including heart-related disorders, infectious diseases, and many more. The growing demand for applications of HAZMAT suits in many end-user industry verticals is burgeoning the market growth in the forecast period. The current prevalence of novel coronavirus infections has surged the market demand, leading to a rise in sales of HAZMAT suits in the current year. Furthermore, the previous incidences of an epidemic like an Ebola virus outbreak have led to fuel the market growth in the forecast period. The prevalence of regulations regarding the safety of the industry personnel is further accelerating the market demand in the forecast period. Additionally, the HAZMAT suits are one of the kinds of personal protective equipment, PPE utilized by the healthcare workers and healthcare professionals for the treatment of patients suffering from deadly infections. Hence, the growing demand for personal protective equipment will surge the market demand for HAZMAT suits over the next five years. These are used along with other PPE including protective goggles, face shields, and gloves. Several healthcare organizations differ in protocols and procedures for the utilization of PPE and HAZMAT suits coupled with differences in their operation in the contaminated areas. For example, in the European region, the HAZMAT suits are classified as Type 1, Type 2, Type 3, Type 4, Type 5, and Type 6. On the other hand, in the United States, these are categorized on the basis of protection levels as Level A, Level B, Level C, and Level D. Level A is the most protective, while level D is the least protective.
On the basis of geography, the North American region is projected to hold a significant market share due to the advanced medical facilities, and a high rate of coronavirus infection cases in the United States. Also, the presence of stringent regulations by certain regulatory bodies like OSHA for protection against dangerous chemicals in an industry is further providing strong growth prospects for the market to thrive in the forecast period. On the other hand, the Asia Pacific region is projected to show significantly high growth due to significant investments for efficient waste management in a healthcare facility, further fueling the market demand during the forecast period.
The presence of companies offering HAZMAT garments is propagating the market growth during the course of the forecast period.
It is widely observed that industrial workers work every day in a harmful work environment with toxic and flammable gases and chemicals. Hence, companies are manufacturing protective suits in the form of protective apparel to protect these workers against such harmful chemical liquids and gases. DuPont is providing a range of HAZMAT garments offering protection to the industry personnel at the global level. These garments are known to be durable and comfortable in addition to providing protection. The company’s Tychem® range helps in providing chemical protection against a wide range of dangers, even in pressurized chemicals. The DuPont™ Tyvek® range is capable of providing resistance to a wide-array of pressurized chemicals, water-based low-concentration chemicals, and particles less than 1 micron in size. For individuals encountering hazardous materials on a daily basis, the company developed HAZMAT garments and biohazard suits for providing protection and safety against biological and chemical hazards on an industrial site. These garments provide protection ranging from a light liquid splash to heavy exposure of chemicals in industry, and warfare agents. The products include Tyvek® 600, Tychem® 2000, Tychem® 5000, Tychem® 9000, and Tychem® 10000.
According to recent news, due to the current novel coronavirus pandemic, DuPont is speeding up the production of its Tyvek HAZMAT suits for healthcare workers in the United States, this initiative would further enhance the sales of the HAZMAT suits of the company, leading to the increase in the revenues in 2020. The doctors further stated that the Tyvek and other similar protective suits are the most pressing need which would offer the best protection for medical personnel against contracting the novel coronavirus.
The growing initiatives towards the adoption of industrial safety are further propelling the market growth in the forecast period.
Industrial safety is referred to the managing of all the events and operations within an industry to protect its employees and machinery by reducing the hazards, risks, and/or near misses. This is being supervised by the federal, state and local laws and regulations which cover a variety of aspects considering the safety of the industry personnel and equipment in the industry. All industries are required to comply with these rules and regulations in order to carry out safe operations and provide a safe working environment for the workers. OSHA is a primary regulatory body in the United States from the North American region and is responsible for maintaining safety within an industrial environment. Similarly, the Ministry of Labour & Employment in India has set certain rules and Acts for maintaining industrial health and safety. This includes the Factories Act, 1948; The Mines Act, 1952; and The Dock Workers (Safety, Health & Welfare) Act, 1986. Hence, strict government regulatory standards for industrial safety is one of the drivers driving the market growth during the forecast period. Other drivers include growing need and concern regarding the health and safety of the industry personnel and the application of industrial safety products in various end-user industries. Furthermore, technological advancements and future requirements of industrial safety products for dangerous industrial sites will provide an opportunity in boosting the growth of the global HAZMAT suits market in the forecast period.