June 5, 2020
Survival Suits Market Great Opportunities Available For The Vendors
Survival Suits Market: Introduction
- Survival suits also known as rescue suits are special body covering suits that protect the wearer from cold water to avoid hypothermia, provides increasing cover through flotation, and also allows adequate mobility to perform vital tasks. Manufacturers provide several types of suits including dry or wet survival suit, flotation survival suit, and inflatable survival suit. The common material preferred in survival suits are neoprene, a rubber material which prevents the water from entering the suit.
- Growing concerns regarding personal safety and protection near oil platforms, and strict government safety regulations are increasing the demand for survival suits. Growing awareness in developing economies about survival suits is also anticipated to boost the market in the coming years.
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Key Drivers of the Global Survival Suits Market
- Governments of several countries and some oil and gas associations have made survival suits mandatory. For instance, regulations laid down by the Norwegian Oil and Gas Association mandate that survival suits need to be dry suits and should be able to protect a person from thermal stress. The survival suits market is anticipated to grow at a significant rate in the coming years due to strict laws and regulations assigned by regulatory bodies across the globe.
- Technological advancement in the product is also encouraging the growth of the survival suits market. Manufacturers active in the survival suits market are focusing on product development by increasing investment in R&D to enhance the product’s features and improve product efficiency. For instance, Outlast technology developed by NASA for protection of astronauts has also surged the demand for survival suits.
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