Flame Arrestors Market by Type (In-Line and End-of-Line), Application (Storage Tank, Pipeline, Incinerator, Ventilation System), End-user (Oil & Gas, Chemical, Pharmaceutical, Waste-to-Energy Plant), and Region - Global Forecast to 2023
|出版日||ページ情報||英文 117 Pages
|フレームアレスターの世界市場の予測 (〜2023年)：インライン・エンドオブライン Flame Arrestors Market by Type (In-Line and End-of-Line), Application (Storage Tank, Pipeline, Incinerator, Ventilation System), End-user (Oil & Gas, Chemical, Pharmaceutical, Waste-to-Energy Plant), and Region - Global Forecast to 2023|
|出版日: 2018年08月08日||ページ情報: 英文 117 Pages||
世界のフレームアレスターの市場は予測期間中5.31%のCAGR (年間複合成長率) で推移し、2018年の7億1380万米ドルから、2023年には9億4270万米ドルの規模に成長すると予測されています。各種産業における厳しい安全基準・法規制、シェールガスの成長、活発な石油関連活動などの要因が同市場の成長を推進しています。
The flame arrestors market is projected to grow from an estimated USD 713.8 million in 2018 to USD 924.7 million by 2023, at a CAGR of 5.31%. The stringent safety norms and regulations in industries and growth of shale gas and tight oil activities are driving the market across the world. Lack of government monitoring of industrial safety in emerging economies is a major restraint for the market.
The in-line segment is expected to dominate the flame arrestors market during the forecast period. In-line flame arrestors have been further categorized as deflagration and detonation arrestor. The market for in-line flame arrestors is driven by the increasing demand for detonation arrestors in storage tanks used for storing combustible material such as gasoline, crude oil, LNG, and aviation fuel.
The Asia Pacific is the largest market for flame arrestors. Large investments in refinery expansions and the petrochemical industry are driving the market in the region. In countries such as China and India, the growth in industries like pharmaceutical and chemical is further driving the growth of flame arrestors. China, India, and Indonesia are expected to grow at a fast pace during the forecast period.
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
Note: The tier of the companies has been defined on the basis of their total revenue; as of 2016: Tier 1 ≥USD 5 million, Tier 2 = USD 1 million to USD 5 million, and Tier 3 ≤USD 1 million
Note: Others includes product engineers, sales managers, regional managers, consultants, and technical experts.
Leading players in the flame arrestors market are: Emerson (US), Braunschweiger Flammenfilter (Germany), Elmac Technologies (UK), BS&B (US), Protectoseal (US), and Tornado Combustion Technologies (US).
The report defines, describes, and forecasts the flame arrestors market by module, type, application, end-user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of major market drivers, restraints, opportunities, and challenges. The report also includes an in-depth competitive analysis of key players in the market along with their company profiles, recent developments, and key market strategies.
*Details on Business overview, Products offered, and Recent developments might not be captured in case of unlisted companies.