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Earplugs Market Trends, Business Growth, Leading Players and Forecast 2025

The global earplug market accounted for US$ 612.5 Mn in 2017 and is expected to grow at a CAGR of 10.4% during the forecast period 2018 u2013 2025, to account for US$ 1331.6 Mn in 2025.<br><br>The earplugs market has experienced significant growth and adoption rate in the past few years and is expected to experience notable growth and adoption in years to come. Growth in the recent five years is primarily driven by two major factors, first, exponential growth in industries producing noise more than 85bBA and reducing price of raw materials used for developing the earplugs. Numerous workplaces across the globe significantly contribute to generation of hazardous noise, owing to which millions of workers globally are daily exposed to potentially harmful noise levels resulting in urgent demand for regulations and legislation to effectively protect the auditory health of employees.<br><br>Download Sample PDF Brochure at: https://www.theinsightpartners.com/sample/TIPTE100001132/<br>

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Earplugs Market Trends, Business Growth, Leading Players and Forecast 2025

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  1. Earplugs Market Earplugs Market to 2025 - Global Analysis and Forecasts by Type (Silicone, Custom Molded, Foam, and Flanged), By Application (Sleeping, Noise Reduction, Swimming, Travel and Others) and By End-User (Manufacturing, Construction, Military, Forestry, Healthcare, Mining, Entertainment) E-Mail : sales@theinsightpartners.com

  2. Earplugs Market The global earplug market accounted for US$ 612.5 Mn in 2017 and is expected to grow at a CAGR of 10.4% during the forecast period 2018 – 2025, to account for US$ 1331.6 Mn in 2025. The earplugs market has experienced significant growth and adoption rate in the past few years and is expected to experience notable growth and adoption in years to come. Growth in the recent five years is primarily driven by two major factors, first, exponential growth in industries producing noise more than 85bBA and reducing price of raw materials used for developing the earplugs. Numerous workplaces across the globe significantly contribute to generation of hazardous noise, owing to which millions of workers globally are daily exposed to potentially harmful noise levels resulting in urgent demand for regulations and legislation to effectively protect the auditory health of employees.  Globally, several countries have already adopted occupational noise control legislation with varied degrees of comprehensiveness and sophistication. In addition, the differences were also found among the countries with predefined standards for exposure limits and Permissible Exposure Limit (PEL). However, majority of the countries were witnessed using 85 dBA whereas majority of the noise produced in the industrial sector was noted to cross 140 dB. The persistently increasing noise level in workspace, and rising concern for hearing protection of workers is thus anticipated to contribute towards the increased adoption of HPDs such as earplugs globally. Asia Pacific region in global earplug market is expected to witness a CAGR growth rate of 13.5% in the coming years. E-Mail : sales@theinsightpartners.com

  3. Earplugs Market Rising incidences of the noise induced hearing loss across the industries, has raised the concern among the global government authorities regarding the health of the young population. OSHA is a global agency that regulates occupation health and safety for the workers. According to OSHA, 22 Mn workers globally are daily exposed to potentially damaging noise at work. To avoid these incidences, the government has also levied penalties for the industries and organizations that do not follow the stated regulations. In the year 2016, companies in U.S had paid more than US$ 1.5 Mn of penalty for not protecting their workers from noise, whereas US$ 242 Mn was spent till date on the compensation for hearing loss disability. The rising strictness by the OSHA for amendment of rules and regulations is expected to drive the adoption of hearing protection equipment, particularly earplugs globally, which is anticipated to catalyze the growth of earplug market. The global manufacturing sector has undergone a dramatic change in last decade, where the large developing economies have leaped to be among the top and preferable manufacturing destinations. Although the industry had suffered through severe recession leading to off demand, coupled with great fall in manufacturing employment in advanced economies, the industry pertained to remain critically important to both the advanced as well as developing countries. E-Mail : sales@theinsightpartners.com

  4. Earplugs Market Further as the requirement for hearing protection remained amongst the high priorities in the industry, thus boosting the growth of earplug market in the coming years. The manufacturing sector at the same time also registers itself for one of the largest amount of penalties paid and for citations. The rising influence of OSHA for hearing conservations in the manufacturing industries is expected to impact positively on the businesses of manufacturers operating in earplug market. Earplug market by type is categorized into four major categories including silicone, custom molded, foam and flanged earplugs. Regardless of the material used, and manufacturing process, the basic characteristics required to ensure smooth functioning of sound attenuation is similar for each earplug. The adoption of these earplugs largely depends on the comfort quotient. As majority of the users wear earplugs for four to nine hours, the comfort offered by these earplugs is a prime factor driving the adoption of earplugs. Second key consideration by the users is the price and durability, some of the earplugs are highly economical, but have low durability and comfort. Silicon segment is the fastest growing type segment in earplug market and is expected to grow at a prime CAGR during the forecast period. Get Research Sample here – https://www.theinsightpartners.com/sample/TIPTE100001132/ E-Mail : sales@theinsightpartners.com

  5. Earplugs Market The List of Companies 1. 3M Company 2. McKeon Products, Inc. 3. Protect Ear USA 4. Westone Laboratories 5. Moldex-Metric, Inc. 6. McCordick Glove & Safety 7. Honeywell International Inc. 8. Dynamic Ear Company 9. UVEX Winter Holding GmbH & Co. KG 10. Liberty Glove & Safety Inc Get Discount on this Report@ https://www.theinsightpartners.com/discount/TIPTE100001132/ E-Mail : sales@theinsightpartners.com

  6. Earplugs Market E-Mail : sales@theinsightpartners.com

  7. Earplugs Market Table of Contents 1. INTRODUCTION 141.1 SCOPE OF THE STUDY 141.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 142. KEY TAKEAWAYS 163. EARPLUG MARKET LANDSCAPE 183.1 MARKET OVERVIEW 183.2 MARKET SEGMENTATION 193.2.1 Global Earplug Market – Type 203.2.2 Global Earplug Market – Application 203.2.3 Global Earplug Market – By End-User 213.2.4 Global Earplug Market – By Geography 213.3 PEST ANALYSIS 223.3.1 North America PEST Analysis 223.3.2 Europe PEST Analysis 243.3.3 Asia Pacific PEST Analysis 263.3.4 Middle East & Africa PEST Analysis 283.3.5 South America PEST Analysis 30 E-Mail : sales@theinsightpartners.com

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