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With an increase in urbanization and infrastructure development, the risk of emergencies such as fires and chemical incidents may also rise, driving the demand for protective gear like escape hoods which has propelled the market demand. As awareness of safety and emergency preparedness grows, individuals and organizations may invest in escape hoods as part of their safety measures. Manufacturers are responding to this trend by offering a variety of Escape Hoods with different specifications to cater to diverse applications. Additionally, high-profile incidents, such as industrial accidents or natural disasters, can bring attention to the importance of personal safety equipment, including escape hoods, and drive market demand.
Simultaneously, government regulations and safety standards can drive the adoption of escape hoods in various industries. Compliance with safety standards may lead to increased use of personal protective equipment. Additionally, industries with potential exposure to hazardous materials or environments may invest in escape hoods to protect their workers. This can include sectors such as petrochemical, mining, and manufacturing.
Chemical & petrochemical segment had a notable market share of 25% in 2023, as they are designed for quick deployment during emergencies.
North America market accounted for 31% revenue share in the year 2023, attributed to the increasing interest in the product with the expansion of electrification, and rapid urbanization.
AFC International, Siya Industries., Avon Protection., Shigematsu Works Company Limited, 3M, Spasciani, Delta Plus Group, RPB Safety LLC, Honeywell International Inc, RSG Safety BV, The Gerson Company, Moldex-Metric Inc, ILC Dover LP, MSA. and Kasco srl.
The market size of escape hoods reached USD 253 million in 2023 and is set to expand at 5% CAGR from 2024 to 2032, propelled by stringent safety regulations.