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(Construction.IndustryNews247.Com, August 30, 2018 ) Access Free Sample Papers of “ Flame Arrestors Market “spread across 116 Pages, Profiling 12 Companies and Supported with 80 Tables and 28 Figures is now available at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1614990
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.
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).
Flame Arrestors Market, By End-User
1 Introduction
2 Oil & Gas
3 Chemical
4 Metals & Mining
5 Pharmaceutical
6 Waste-To-Energy Plant
7 Others
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.
Target Audience:
• Flame arrestors companies
• Oil & gas storage terminals
• Refineries
• Health, Environment & Safety (HSE) consultants
• Engineering and procurement companies in the oil & gas and chemical sector
• Government and research organizations
• Consulting companies
Order Report Copy at http://www.rnrmarketresearch.com/contacts/purchase?rname=1614990
Market Overview
1 Introduction
2 Market Dynamics
2.1 Drivers
2.1.1 Safety Guidelines and Regulations for Industries
2.1.2 Shale Gas and Tight Oil Boom in North America and China
2.2 Restraints
2.2.1 Lack of Efficient Government Monitoring for Industrial Safety in Developing Economies
2.3 Opportunities
2.3.1 Rapid Growth of Manufacturing Sector in the Asia Pacific Region
2.3.2 Replacement of Legacy Equipment in Industries
2.4 Challenges
2.4.1 Approval From Regulatory and Certification Authority
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:
By Company Type: Tier 1- 51%, Tier 2- 30%, Tier 3- 19%
By Designation: C-Level- 31%, D-Level- 43%, Others- 26%
By Region: AsiaPacific-30%, Europe- 27%, North America- 22%, Middle East- 11%, South America- 6%, Africa- 4%
Make an Inquiry Here for More Information on Flame Arrestors Market with Detailed Forecast and Company Profiles at http://www.rnrmarketresearch.com/contacts/discount?rname=1614990
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