Respiratory Protection Equipment Manufacturing in the US Industry Market Research Report Now Available from IBISWorld

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Revenue for the Respiratory Protection Equipment Manufacturing industry is expected to grow at an annualized rate of 1.3% to $1.1 billion in the five years to 2012. In 2012, the industrial production index is expected to rise 3.1%, driving industry growth of 5.2% during the year. Nevertheless, the industry has suffered from an increase in imports. Furthermore, the price of plastic materials and resin has increased at an average of 3.9% annually in the five years to 2012, causing production costs to rise. Still, respiratory protection equipment manufacturers will benefit from rising demand during the next five years as the economy and industrial production return to growth. For this reason, industry research firm IBISWorld has added a report on the Respiratory Protection Equipment Manufacturing industry to its growing industry report collection.

IBISWorld Market Research

IBISWorld Market Research

Revived demand from manufacturers and the government will aid growth

Revenue for the Respiratory Protection Equipment Manufacturing industry is expected to grow at an annualized rate of 1.3% to $1.1 billion in the five years to 2012. According to industry analyst Josh McBee, “during the recession, industry revenue fell due to a decline in the industrial production index (IPI), which measures the output from the mining, manufacturing, electric and gas industries.” The manufacturing and construction sectors, which are two of the industry's largest markets, were heavily affected by the recession. Luckily, industry operators managed to avoid significant declines due to its additional reliance on demand from the government and utilities sector. In 2012, the industrial production index is expected to rise 3.1%, driving industry growth of 5.2% during the year.

Many occupations in downstream industries require respiratory protection equipment because of the nature of the job. Mining operators, manufacturing companies and government agencies provide employees with the industry's products to reduce the incidence of injury associated with inhaling toxic chemicals and airborne particulates. According to McBee, “the demand from some of these markets, including the Department of Defense, was relatively resilient to the recession.” Nevertheless, the industry has suffered from an increase in imports. Furthermore, the price of plastic materials and resin has increased at an average of 3.9% annually in the five years to 2012, causing production costs to rise.

IBISWorld estimates that the number of firms operating in the industry has declined at an average of 2.3% annually to 16 in the five years to 2012. The Respiratory Protection Equipment Manufacturing industry exhibits a high level of market share concentration. The top three companies are expected to account for all but a marginal share of total industry revenue. Consolidation has occurred in the wake of acquisitions during the past five years, reflecting the industry's maturity in its life cycle. For example, Honeywell acquired Sperian in 2010, and 3M acquired Aearo in 2008. Respiratory protection equipment manufacturers will benefit from rising demand during the next five years as the economy and industrial production return to growth.

For more information visit IBISWorld’s Respiratory Protection Equipment Manufacturing in the US industry page

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This industry manufactures respiratory protection equipment, including respirators, masks and accessories, gas masks, respiration air supplying self-contained breathing apparatus and accessories, respirator filters and accessories, protective films, and powered air-purifying respirator systems (PAPRs) and accessories. The industry does not include sleep and breathing aids for consumers with medical conditions, since these products are not considered protection equipment.

IBISWorld industry Report Key Topics

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Gavin Smith
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