The Global Flame Arrestor Market was valued at USD XX million in 2016, and is expected to grow at a CAGR of 5.9% by 2026. Increasing stringent regulations, rising demand for oil and gas demand in developed countries, increasing industrialization with emerging economies like China and India, growing end user industry base, rising concerns about safety features, growing innovative product designs, growth in new oil storage terminals across various region, increasing regulation to install flame arrestors in different end sue industries, growing demand from chemical industry are some of the key driving factor for the growth of the market..
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APAC region is dominating the market by region wise attributed by various increasing industrialized activities, growing mining, oil and gas industry in this region, continuous increase in domestic consumption are some of the main supporting factor for the dominance.
Increasing industrialization in emerging economies are possessing opportunity growth for the market. Health hazards and safety related problems turn out as main challenge for the market.
The market application is dominated by storage tank segment owing to increase in oil and gas industry in various region, increasing investment in refineries and petrochemical industries are main factor to support the segment dominance.
Some of the key players operating in this market include Braunschweiger Flammenfilter, Elmac Technologies, Morrison Bros. Co., Westech Industrial, and Ergil among others
Global Flame Arrestor Industry is spread across 121 pages, profiling 05 companies and supported with tables and figures.
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Key Benefits of the Report:
* Global, Regional, Country, Insight Type, and Application Market Size and Forecast from 2014-2026
* Detailed market dynamics, industry outlook with market specific PESTEL, Value Chain, Supply Chain, and SWOT Analysis to better understand the market and build strategies
* Identification of key companies that can influence this market on a global and regional scale
* Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies
* Detailed insights on emerging regions, Insight Type & Application, and competitive landscape with qualitative and quantitative information and facts
* Flame Arrestor providers
* Traders, Importer and Exporter
* Raw material suppliers and distributors
* Research and consulting firms
* Government and research organizations
* Associations and industry bodies
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The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective like analyst report of investment banks. The secondary research forms the base of our study where we conducted extensive data mining, referring to verified data sources such as white papers government and regulatory published materials, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factor, investment, market dynamics including technical scenario, consumer behavior, and end use industry trends and dynamics , capacity production, spending were taken into consideration.
We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs) which typically include:
* Original Equipment Manufacturer,
* Application Supplier,
* Government Body & Associations, and
* Research Institute
TABLE OF CONTENT
1 Executive Summary
2 Methodology And Market Scope
3 Flame Arrestor Market — Industry Outlook
4 Flame Arrestor By Product Type
5 Flame Arrestor By Application
6 Flame Arrestor Regional Outlook
7 Competitive Landscape
End of the report
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