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Allied Market Research

Flame Arrestor Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07592
Pages: NA
Dec 2020 | 42 Views
 
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A flame arrestor is a device that is used to stop a flame from turning into a large fire by extinguishing it in the early stage. It works on the principle of absorbing the heat from the flame and dropping the temperature of the gas mixture below its ignition temperature. The heat is absorbed through channels commonly made of a wire mesh or a sheet of metal with punched holes in it. Flame arrestors are used in different cases such as vents of fuel tanks, the exhaust system of different engines, during coal mining, and several other scenarios. 

Market scope and structure analysis:

                        Report Metric   

                                          Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, Industry Vertical, and Region

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

Elmac Technologies, Emerson, Groth Corporation, L&J Technologies, Ermacora, Tornado Combustion Technologies, BS&B Safety Systems, Westech Industrial, PROTEGO, Motherwell Tank Protection, and Protectoseal

 

COVID-19 scenario analysis:

The outbreak of the COVID-19 pandemic has affected all business sectors, including the flame arrestor market.

  • The outbreak of the global pandemic has brought most of the business activities to a halt. This has resulted in a significant drop in demand for energy in the market, which caused severe impacts of the oil & gas industries across the globe. Consequently, the demand for flame arrestors in the oil & gas industry also decreased at a rapid pace.
  • The reopening of several industries in the first quarter of 2020 after the halt caused by the global pandemic boosted the demand for flame arresters to a great extent.

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Rapid industrialization across the globe and massive developments in the oil & gas and mining industries have fueled the growth of the global flame arrestor market. Flame arrestors are extensively used in the oil & gas industry to prevent any potentially explosive gas mixture from igniting. They are installed mainly in pipelines and vents of storage tanks. They are also used in the Davy lamps used during coal mining. As there are high chances of the presence of explosive gasses, such as methane, in coal mines, the use of open flames as a source of light is very dangerous. Therefore, a Davy lamp is used as an open flame contained within a wire mesh or a flame arrestor. Furthermore, flame arrestors also play a significant role in the paints industry to maintain the safety of the storage of aerosol cans and other flammable mixtures. Moreover, flame arrestors are also used in the exhaust system of combustion engines in the manufacturing plants along with the exhaust pipes of vehicles. Therefore, increase in number of manufacturing facilities and the rise in demand for vehicles have escalated the demand for flame arrestors in the market. 

In terms of market size, the Asia-Pacific region dominates the global flame arrestor market, owing to the massive developments in the manufacturing sector in emerging economies such as India and China. The rapid increase in the number of industries has led to the increase in demand for flame arrestors in the region. Moreover, the market in the Middle East region is also expected to grow at a significant rate due to the high number of oil & gas industries in the region.

Key segments covered:

                Segments

                               Sub-segments

  Type

  • In-Line
  • End-Of-Line

  Application

  • Storage Tanks
  • Pipelines
  • Incinerator
  • Ventilation System
  • Others

  Industry Vertical

  • Oil & Gas
  • Chemical
  • Energy
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the flame arrestor market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the flame arrestor market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the flame arrestor market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 
 
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