MSA, Honeywell International Inc. and 3M are dominating the Global Respiratory Protection Market in 2019

Global respiratory protection market is expected to grow with a CAGR of around 10.0% in the forecast period 2019 to 2026. The years considered for study are as mentioned below.

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Global respiratory protection market is a highly concentrated market which includes key players and local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market has a prominent growth in upcoming years due to rising number of respiratory diseases, increasing occupational safety regulations and growing demand of multipurpose respiratory protection equipment for various applications.

The market has witnessed developments in terms of merger and acquisitions, expansions or product launches to enhance the product portfolio to meet the rising demand of respiratory protection products. For instance, in October 2016, uvex group expanded their global reach with the acquisition of a significant interest in the HexArmor. This investment in the HexArmor considerably expands the presence of the uvex safety group in the Western Hemisphere which would help in enhancing the customer base and would also lead in the expansion of the company.

MSA dominated the global respiratory protection market and accounts for the highest market share in 2018 which is followed by Honeywell International Inc. and 3M. The other key players existing in the market includes Moldex-Metric, Drägerwerk AG & Co. KGaA, DuPont de Nemours, Inc., Johnson Controls, Intech, Delta Plus Group, KCWW, Alpha Pro Tech, ANSELL LTD., Bullard, uvex group, Prestige Ameritech, AERO PRO CO., LTD., Bio-Medical Devices Intl, Gentex Corporation, GREENLINE, Globus EMEA FZE, Ocenco, Incorporated, ILC Dover, Polison Corporation, Venus Safety & Health, DSI, Avon Rubber p.l.c. and others.

MSA:

MSA is headquartered in Pennsylvania, U.S. was established in 1914. The company is engaged in developing, manufacturing and supplying of safety products which protect the facility infrastructures and people. The company has organized their business into six geographical operating segments that are aggregated into three reportable geographic segments such as Americas, International and Corporate.

  • In May 2019, MSA acquired Sierra Monitor Corporation, which is a leading provider of the Industrial Internet of Things solutions and the fixed gas and flame detection instruments which connects and help in protecting the higher value infrastructure assets. This acquisition allows the company to accelerate their strategies for enhancing the safety of the workers and accountability by using cloud technology and the wireless connectivity. This would also help in expanding the product portfolio of the company.

The company has its global networks through direct sales representatives and distributors in the Asia-Pacific, Middle East & Africa, North America, Europe, Latin America. It operates through its subsidiaries such as MSA Italiana S.p.A. (Italy), MSA de Mexico, S.A. de C.V. (Mexico), MSA (Aust.) Pty. Limited (Australia), MSA UK Holdings Limited (U.K.), MSA Japan Ltd (Japan) and others.

Honeywell International Inc:

Honeywell International Inc. is headquartered in North Carolina, U.S. was founded in 1908. The company is engaged in inventing and manufacturing technologies which helps in addressing the most critical challenges around safety, security, energy, productivity and global urbanization across the world. The company mainly manages their operations through the four main operating segments such as aerospace, performance materials and technologies, Honeywell building technologies and safety and productivity solutions.

  • In April 2018, Honeywell International Inc. announced the major expansion of a new manufacturing facility in Pune for meeting the rising demand of factory instrumentation and automation solutions more effectively. This state-of-the-art facility would allow the company to offer improved expertise and training abilities to the customers and would also help in expanding their production range. This strategy would help in the expansion of the company and would enhance its customer base.

It has its global networks through direct sales representatives and distributors in North America, Latin America, Europe, Asia-Pacific, Middle East & Africa. It operates through its subsidiaries such as Honeywell Automation India Limited (India), Honeywell Korea Ltd. (Korea), Honeywell Europe NV (Belgium), Honeywell Safety Products Europe SAS (France), EMS Technologies Canada, Ltd. (Canada) and others.

3M:

3M headquartered in Minnesota, U.S. was founded in 1902. The company focuses on the development, manufacturing and distribution of a range of products for industrial, safety & graphics, health care, electronics & energy and consumer use. The company operates in five business segments namely, industrial, safety & graphics, health care, electronics & energy and consumer.

  • In March 2019, 3M announced the realignment of their five business segments to four segments which would consist of safety & industrial, health care, transportation & electronics and consumer. This new alignment will help the company for serving the customers and markets across the globe in a better way.

It has its global networks through direct sales representatives and distributors in the Americas, Europe, Middle East & Africa and Asia-Pacific. The company has various subsidiaries such as 3M Japan Limited (Japan), Meguiar's, Inc. (US), 3M India ltd (India), 3M Canada (Canada), 3M Scott Fire & Safety (U.S.), 3M Thailand ltd (Thailand) and others.