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Global Flame Arresters Market Size, Share, Analysis & Forecasts To 2025
Flame Arresters Market Insights
The flame arresters market is expected to grow at a significant CAGR from 2017 to 2025. Some of the factors that are anticipated to positively influence the demand for flame arresters are stringent rules and regulations related to maintaining safe working conditions in factories and other facilities. Rapid industrialization in developing countries is also anticipated to augment the demand for flame arresters over the coming years. Increasing investments in the construction of pipelines for oil and natural gas is also projected to positively influence market growth.
Flame Arresters Market: Type Insights
Flame arresters market is segmented on the basis of type into deflagration and detonation. The demand for deflagration flame arresters is expected to grow at a high CAGR over the forecast period. Deflagration flame arresters are used for combustion that arises from heat transfer which may ignite the next layer of cold material. On the other hand, the detonation flame arresters curbs flame spread through shock.
Flame Arresters Market: Application Insights
Based on applications, the flame arresters market is segmented into bio-fuels, agro-chemicals & fertilizers, mining, power generation, pharmaceuticals, oil & gas, and others. The others segment includes the use of flame arresters in pulp & paper, sewage treatment, landfills, and flammable liquid transportation. Growing industrialization across countries in the Asia Pacific, European, and the North American region is anticipated to propel market demand over the coming years. Increasing mining, refining, and oil exploration activities is expected to augment market demand for flame arresters.
Flame Arresters Market: Regional Insights
The North American and European region is expected to occupy a large share in the flame arresters market. The presence of a large number of biofuel, oil & gas, and power generation companies in these regions is expected to positively impact market growth over the coming years. The high importance given to safety and security in order to maintain safe working conditions is projected to boost market demand for flame arresters.
Asia Pacific is expected to grow at a high CAGR over the forecast period on account of high industrial growth in countries such as India, China, Indonesia, and Australia among others. Significant investments in developing pipelines are expected to increase demand for flame arresters. Rising refining and mining activities in the Middle East & Africa is also projected to boost demand for flame arresters.
Flame Arresters Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase flame arresters over the coming years. Some leading consumers of this market are GranBio, LanzaTech, and Algenol among others.
Flame Arresters Market: Vendor Landscape
The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies.
Flame Arresters Market Share & Competitor Analysis
Some of the key players operating in the flame arresters market are Acme Valves Industries, BS&B FlameSaf Limited, Braunschweiger Flammenfilter GmbH, Kingsley Engineering Services, Fluidyne Instruments, Flammer GmbH, Pentair Safety Systems, Groth Corporation, Parker Hannifin Corp, Elmac, Arm-Tex, and Ergil.
Please note: This is not an exhaustive list of companies profiled in the report.
In November 2017, BS&B Safety Systems launched flame arresters under the Flamesaf brand to prevent flame propagation and potential explosions from being transmitted though gas pipelines.
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The global Flame Arresters Market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Flame Arresters Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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