Industrial Head Protection Market Analysis

Industrial Head Protection Market Analysis

Industrial head protection market from acrylonitrile butadiene styrene (ABS) material segment was valued at more than USD 1 billion in 2022. Performance recovery in construction, food, chemical, mining, and other manufacturing sectors in the post-pandemic era offers lucrative business prospects for the rapid adoption of head gears made from ABS. The raw material offers a spectrum of benefits such as high impact and abrasion resistance, mechanical strength, insulation, strong weldability, and superior moisture resistance. Protective headwear made using ABS also features robust dimensional stability along with exceptional electrical properties.
 

In terms of revenue, industrial head protection market share from safety helmets & hard hats is estimated to reach over USD 4.5 billion by the end of 2032. There is growing workplace safety requirements across electricity and construction workers due to the high risk of injuries to the head from accidental contact with heavy and sharp objects. Several end-users are working towards strengthening their workforce with modern and more effective safety products.
 

For instance, in May 2022, Mortenson, a U.S.-based construction company, announced plans to switch hard hats with safety helmets starting this year, emphasizing on worker safety. Similar initiatives have been undertaken to offer the workforce with state-of-the-art safety helmets featuring chin straps that ensure front, side, and rear protection.
 

Industrial head protection market size from pharmaceutical applications is anticipated to exhibit a 4% CAGR between 2023-2032. Workers employed at pharmaceutical manufacturing facilities are exposed to a range of physical, chemical, and biological hazards. Frequent contact with toxic fumes, chemicals, hazardous agents, and flammable materials increases the need for proper personal protective equipment (PPE) including headgear and helmets.
 

Rising prevalence of diseases, robust geriatric population, lack of nutrition, and sedentary lifestyles are some of the key contributors to the surging output across the pharmaceutical sector. Over the last decade, the demand for over-the-counter (OTC) drugs, general ethical therapeutics, and proprietary ethical products has seen tremendous growth, encouraging pharma giants to ramp up production.
 

North America industrial head protection market value is expected to surpass USD 1.6 billion by 2032. The region is emerging as a hub with a large footprint of oil & gas, mining, and automotive businesses. The U.S. and Canada have deployed very stringent laws pertaining to occupational safety. For instance, in September 2022, the U.S. Department of Labor announced changes to the Severe Violator Enforcement Program rolled out by the Occupational Safety & Health Administration (OSHA). The initiative aims to strengthen enforcement and improve compliance to ensure worker safety in the U.S.