Flame Arrestors Market: Introduction
Flame Arrestors is a device which permits the gas to pass through it but stops a flame in order to prevent large fire or explosion. Flame arrestors are used across various end-user sectors, such as Oil & Gas, Chemical, Pharmaceutical and Waste-to-Energy Plant.
Flame arrestors are passive devices with no moving parts. Flame arrestors prevent the propagation of flame from the exposed side of the unit to the protected side by the use of wound crimped metal ribbon type flame cell element.
Under standard operating conditions, the flame arrester allows a relatively free flow of gas or vapour within the piping system. If the mixture is ignited and the flame begins to travel back through the piping, the arrester will prohibit the flame from moving back to the gas source.
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Flame Arrestors Market: Dynamics
The key driving factor for the global flame arrestors market is persistently evolving oil & gas and industrial sector, which have resulted in an increased demand for flame arrestors across all major developing economies.
The macroeconomic factors such as booming industrial activities coupled with up gradation in oil & gas exploration & production activities and an increase in safety guidelines and regulations for industries in many countries is further augmenting the sales for flame arrestors.
The significant increase in demand for flame arrestors due to the growing safety concerns regarding safe gas transportation operations is highly anticipated to drive the global flame arrestors market.
Moreover, considerable growth in the East Asia, North America & Middle East oil & gas and industrial sector and technological advancement in the production of flame arrestors is anticipated to create a momentous opportunity for the global flame arrestors market.
Additionally, the superior performance characteristics of flame arrestors, such as allowing maximum flow gas flow rate, less pressure drop, easy cleaning, less clogging and low maintenance is highly anticipated to propel the demand for flame arrestors across various end-use sector.
The key restraining factor, such as high cost and complex installation process of flame arrestors may hinder the global flame arrestor market growth over the forecast period.
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Flame Arrestors Market: Segmentation
Based on the type, the global flame arrestors market is segmented as:
Based on the application, the global flame arrestors market is segmented as:
- Storage Tank
- Ventilation System
Based on the end user, the global Flame Arrestors market is segmented as:
- Oil & Gas
- Metals & Mining
- Waste-To-Energy Plant
On the other hand, among end-user segment, the oil & gas segment is anticipated to see substantial market growth over the forecast period, attributed to increasing exploration & production activities in oil & gas sector across all major oil producing economies.
Flame Arrestors Market: Regional Outlook
The global flame arrestors market is segmented into seven regions: North America, Europe, MEA, East Asia (Japan, China, and South Korea), South Asia (India, Thailand, Malaysia, Indonesia, Philippines, Rest of South Asia), Oceania (Australia, New Zealand) and Latin America.
Among the above-mentioned countries, MEA is estimated to account for a significant market share due to prevailing oil & gas reserves in countries, such as Saudi Arabia, UAE, Qatar, Kuwait, Iran, Nigeria and others.
East Asia is anticipated to witness a high growth in the global flame arrestors market owing to the rise in gas pipelines in the downstream sector. Moreover, South Asia and Latin America is projected to showcase most enthusiastic growth in the global flame arrestors market due to the rise in the population coupled with an upsurge in oil & gas consumption across the region.
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Europe and North America are one of the key developed regions that will generate creditable opportunity in the global flame arrestors market over the forecast period due to the existence of significant oil & gas reserves and robust infrastructure.
Flame Arrestors Market: Prominent players
Prominent players for the global flame arrestors market are Braunschweiger Flammenfilter, Elmac Technologies, Emerson, Morrison Bros. Co., Groth Corporation, Westech Industrial, Tornado Combustion Technologies, Protectoseal, Ergil, Bs&B Safety Systems, L&J Technologies, Motherwell Tank Protection and other key market players. The flame arrestors market consists of well-diversified global and regional players with the regional vendors ruling their respective regional market.
For More Insights: http://www.globenewswire.com/en/news-release/2018/11/28/1658060/0/en/Rotary-Pumps-Market-will-Surpass-US-4-4-Billion-in-2018-Wide-ranging-Industrial-Applications-to-Spur-Growth-Fact-MR.html
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