Flame Arrestor Industry 2021: COVID-19 Impact Applications, Outstanding Growth,

Posted by Komal Boudhh on January 22nd, 2021

 Market Highlights

Flame Arrestors offer the benefits of improved durability, grip, improved fuel efficiency, noise reduction, reduced carbon emission, or all in combination.

The Global Flame Arrestors Market is expected to witness 5.50% CAGR during the forecast period and the market size is expected to reach USD 10.1 Billion by 2025.

The global flame arrestors market is segmented based on type, application, end-user, and region. The market is segmented based on type as in-line and end-of-line. By application, the global market is segmented into the storage tank, pipeline, incinerator, ventilation system, and others. By end-user, the market is segmented as chemical, oil & gas, metals & mining, pharmaceutical, waste-to-energy plant, and others.  By region, the global market for flame arrestors is segmented into Europe, North America, Asia-Pacific, and the rest of the world.

The growing demand for flame arrestors in major end-use industries, government regulations regarding workplace safety, growth of the shale gas and tight oil activities, and growing demand for flame protection in ventilation systems, pipelines, and large storage tanks are some of the growth factors which further boosts the demand for flame arrestors in the market. However, the market growth is hindered due to the monitoring of industrial safety in emerging economies.

 Market Research Analysis

By region, the global market for flame arrestors is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Europe's flame arrestors market is expected to witness the highest CAGR.

Europe flame arrestors market is expected to witness significant growth due to the presence of a number of developed nations and their patterns of adopting safety features in the workplace. In Europe, Germany is estimated to hold the largest share in the market due to the presence of major manufacturers and stringent government regulations towards safety features in end-user industries.

The rest of the world includes the regions of the Middle East & Africa and South America. The flame arrestors market in the Middle East & Africa is expected to witness significant growth due to the expansion of international players and increased expenditure. South America has a significant growth rate due to a growing number of manufacturers and growing research and development activities by the major players. Furthermore, government regulations regarding industrial safety and major manufacturers are expanding their presence in the region further boosts the demand for flame arrestors in the region.

Browse Full Report Details @ 

https://www.marketresearchfuture.com/reports/flame-arrestor-market-8530

Key Players

Some of the key players in the Global Flame Arrestors Market are Morrison Bros. Co. (US), Tornado Combustion Technologies (US), Motherwell Tank Protection (UK), Protectoseal (US), Ergil (Germany), Westech Industrial (US), Elmac Technologies (UK), Emerson Electric Co. (US), Braunschweiger Flammenfilter (Germany), L&J Technologies (US) are among others.

 

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Komal Boudhh

About the Author

Komal Boudhh
Joined: July 17th, 2020
Articles Posted: 121

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