Frost & Sullivan: Welding PPE Market Forges Ahead through Infrastructural Growth in Developing Nations

Frost & Sullivan: Welding PPE Market Forges Ahead through Infrastructural Growth in Developing Nations PR Newswire MOUNTAIN VIEW, California, Aug. 16, 2012 - Safety regulations vital to tap the opportunities afforded by the shift in manufacturing to developing countries MOUNTAIN VIEW, California, Aug. 16, 2012 /PRNewswire/ -- The manufacturing bases in western countries are shrinking as industries shift to East Asian countries due to their lower production costs. While the majority of construction activity in developed countries is characterized by maintenance and refurbishments, growing countries such as India, China and Brazil are experiencing frenzied construction activity. As the construction industry is the second largest end-user of welding personal protective equipment (PPE), after the manufacturing industry, global events such as the 2014 FIFA World Cup and the 2016 Olympic Games in Brazil will cause a surge in PPE sales. New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Strategic Overview of Global Welding PPE Market, finds that the market earned revenues of $1.3 billion in 2011 and estimates this to reach $1.6 billion in 2016, aided by improving safety regulations and infrastructural growth in developing nations. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.