Overview and Scope
A flame arrestor, also called a flame trap, is a device that stops fluid combustion by extinguishing the flame. The flame arrester works by absorbing heat from the subsonic flame surface and keeping the combustion gas-air mixture below the autoignition temperature. The industries that are engaged in systems that collect gases emitted by liquids and solids highly depend on the flame arrestor manufacturing market.
Sizing and Forecast
The flame arrestor market size has grown strongly in recent years. It will grow from $5.13 billion in 2023 to $5.53 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to growth in chemical and petrochemical industries, increased focus on industrial safety regulations, expansion of oil and gas exploration activities, rise in awareness of fire hazards in industrial processes, increasing industrial activities in various countries.
The flame arrestor market size is expected to see strong growth in the next few years. It will grow to $7.5 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to stringent environmental and safety standards, growth in energy and power generation industries, adoption of flame arrestors in emerging economies, increasing use of flame arrestors in renewable energy applications, increasing demand for flame arrestors in the consumer durables industry. Major trends in the forecast period include advances in flame arrestor technology, integration of smart sensors and monitoring systems in flame arrestors, use of corrosion-resistant materials for flame arrestor construction, customization of flame arrestors for specific industrial applications, collaboration between flame arrestor manufacturers and end-users .
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Segmentation & Regional Insights
The flame arrestor market covered in this report is segmented –
1) Flame Arrestor Market By Type: In-line, End-of-line
2) Flame Arrestor Market By Application: Storage Tank, Pipeline, Incinerator, Ventilation System, Other Applications
3) Flame Arrestor Market By End-User: Oil and Gas, Chemicals, Pharmaceutical, Mining, Power Generation, Other End Users
Top Major Players
Ermacora Claudio Company
Emerson Electric Company
PROTEGO Braunschweiger Flammenfilter GmbH
L&J Technologies
Morrison Brothers Co.
Asia-Pacific was the largest region in the flame arrestor market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the flame arrestor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increase in oil and gas exploration activities is expected to propel the growth of the flame arrestor market going forward. The upstream sector of the oil and gas industry includes exploration activities, including preparation for geological surveys and the acquisition of land rights, and production activities, including onshore and offshore drilling. Flame arrestors are devices that allow gas to pass through but prohibit a flame from igniting, preventing a large fire or explosion as a result of increased production and safety concerns about safe gas transportation operations. For instance, in March 2022, according to a survey report published by S&P Global, a US-based publicly traded corporation, oil and gas exploration activities were up sharply in Q1 with reported increases in production, capital expenditures, employment, and overall operating costs. In addition, nearly 52% of respondents reported an increase in oil production, along with 47% reporting an increase in natural gas production during the first quarter of 2022. Therefore, the increasing oil and gas exploration activities are driving the growth of the flame arrestor market.
Key Industry Players
Major companies operating in the flame arrestor market report are Ermacora Claudio Company, Emerson Electric Company, PROTEGO Braunschweiger Flammenfilter GmbH, L&J Technologies, Morrison Brothers Co., Tornado Combustion Technologies Inc., Motherwell Tank Protection Ltd., Protectoseal Ltd., ERGIL Group, Westech Industrial Ltd., Protego India Pvt. Ltd., Elmac Technologies Ltd., Flammer GmbH, D-Ktc Fluid Control SRL, Sunflow Technologies, WITT-Gasetechnik GmbH & Co. KG, Essex Industries Inc., Groth Corporation, BS&B Safety Systems Ltd., Pentair plc, RICO Sicherheitstechnik AG, Rupture Pin Technology Inc., Shand & Jurs, Taylor Valve Technology Inc., Thuba Ltd., Varec Inc., Vent-Tech Ltd., Zook Enterprises LLC, Elster Kromschroeder AG, KITO Armaturen SA, Lisk AG
The flame arrestor market report table of contents includes:
1. Executive Summary
2. Flame Arrestor Market Characteristics
3. Flame Arrestor Market Trends And Strategies
4. Flame Arrestor Market – Macro Economic Scenario
5. Global Flame Arrestor Market Size and Growth
…..
32. Global Flame Arrestor Market Competitive Benchmarking
33. Global Flame Arrestor Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Flame Arrestor Market
35. Flame Arrestor Market Future Outlook and Potential Analysis
36. Appendix
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