Global Flame Arrestors Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
"Global Flame Arrestors Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027" is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global flame arrestors market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global flame arrestors market report has been segmented on the basis of type, application, end user, and region.
Flame arrestor, also known as deflagration arrestor is a device used to stop fuel combustion by extinguishing the flame. The main principle of the flame arrestors is to absorb heat from flame traveling at sub-sonic velocities and dropping to its auto-ignition temperature. Flame arrestors are used in many industries such as pharmaceutical, chemical, pulp and paper, oil exploration and production, sewage treatment, mining, power generation, bulk liquids transportation, and others.
Increasing adoption of flame arrestors due to stringent safety guidelines and regulations in industries, is a key factor expected to drive growth of the global flame arrestors market over the forecast period. In addition, rising demand for huge storage tanks, ventilation systems, pipelines, and other process equipment coupled with flame arrestors, in order to prevent fire explosion in industries such as pulp and paper, oil and gas, chemical processing, power generation, and mining, is expected to further propel growth of the target market over the forecast period. Moreover, increasing initiatives and investments by the government for exploration of shale gas and production of oil and gas in developed countries, is another factor expected to bolster growth of the target market over the forecast period.
However, lack of efficient government monitoring for industrial safety, is a key factor expected to restrain growth of the global flame arrestors market over the forecast period. In addition, approval from regulatory and certification authorities, is another factor expected to hinder growth of the target market during the forecast period.
Ongoing trend observed in the global flame arrestors market is increasing adoption of flame arrestors for safety norms and regulations in various end-use industries such as chemical, pulp and paper, oil exploration and production, which in turn support growth of the target market during the forecast period.
Increasing demand for replacement of legacy equipment in industries and rapid growth of manufacturing sector in developing countries, is expected to create a lucrative opportunity for players operating in the global flame arrestors market in the next coming years.
Analysis by Segment
Among the type segments, the in-line segment is expected to contribute major share in terms of revenue in the target market during the forecast period. In addition, among the application segments, the storage tank segment is projected to witness highest growth rate in the target market in the next coming years. Furthermore, among the end user segments, the oil & gas segment is projected to witness highest growth rate in the target market over the forecast period.
Analysis by Region
The flame arrestors market in the Asia Pacific is expected to hold major share in terms of revenue and volume, and is projected to witness fastest growth rate in the global flame arrestors market over the forecast period, owing to increasing investment in refinery expansion and construction of storage terminals in countries such as China and India in the region. The flame arrestors market in North America is estimated to account significant share in terms of revenue in the target market in the next coming years. The Europe flame arrestors market is anticipated to register moderate growth rate in the target market over the forecast period.
Global Flame Arrestors Market Segmentation:
Segmentation by Type:
Segmentation by Application:
- Storage Tank
- Ventilation System
- Others (Generator, Vacuum Pump, and Compressor)
Segmentation by End User:
- Oil & Gas
- Metals & Mining
- Waste-to-energy Plant
- Others (Food & Beverage, Marine, and Primary Non-Metallic Industries)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Braunschweiger Flammenfilter GmbH
- Elmac Technologies
- Emerson Electric Co.
- Morrison Bros. Co.
- Groth Corporation
- Westech Industrial Ltd.
- Tornado Combustion Technologies Inc.
- THE PROTECTOSEAL COMPANY
- BS&B Safety Systems, L.L.C.
- L&J Technologies
- Motherwell Tank Protection
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