Press release
Dry Chemical Extinguishers Market Outlook on Key Growth Trends, Factors and Forecast 2030
Global Dry Chemical Extinguishers Market is valued at 2.23 billion in 2022 and is projected to reach a value of USD 3.05 billion in 2030 expanding at a CAGR of 4% over the forecast period of 2022-2030.Extinguishers are effective fire protection tools that suppress or contain small flames, which frequently break out in home or business settings. However, it is not recommended to utilise fire extinguishers in case of uncontrollable fire outbreaks. A handheld cylindrical pressure vessel commonly makes up the apparatus. This vessel carries a fire-fighting substance that can be promptly released, especially in an emergency. The stored-pressure and cartridge-operated versions of fire extinguishers are most frequently utilised. In situations involving frequent fire hazards, such as restaurant kitchen fires, the former type of fire extinguisher is typically employed; the later type is more frequently used in industrial settings.
One of the most commonly utilised types of fire extinguishers is dry chemical. These extinguishers function by discharging powdered chemicals that suppress a fire by principally cooling a burning object and reacting with its fuel supply.
Monoammonium phosphate (MAP) and potassium bicarbonate, also known as baking soda, are the two main types of dry chemicals that are used to reduce temperature increases brought on by oxidation reactions in metal fires.
Air is used with water and foam extinguishers while nitrogen has been employed with dry chemical extinguishers. Extinguishers that use a separate cartridge to contain the gas are pierced before being discharged, exposing the propellant to the extinguishing chemical. In the end, these extinguishers use compressed carbon dioxide. Cartridge-operated and stored pressure are the two categories. Based on portability, there are two different types of fire extinguishers: handheld and cart-mounted. By applying a substance that helps to cool the burning material, deprives the flame of oxygen, or considerably impedes the chemical reactions that take place in the flame, a portable or moveable apparatus can extinguish a tiny fire.
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Global Dry Chemical Extinguishers Market- Segmental Analysis of the Market
Top companies profiled- BRK Brands, Inc, Nationwide Fire Extinguishers, Johnson Controls, Ansul, Carrier, Rusoh, Inc, Kidde, BRK Brands, Inc, Kanexfire, United Technology Corporation, Ceasefire Industries Pvt Ltd, Jocket, Tyco Fire Protection Products, DESAUTEL, Britannia Fire Ltd, Ceasefire Industries Pvt.Ltd, Schmitz Cargobull, Honeywell Industries Inc., and Shanghai Jindun Fire Fighting Security Equipemnt Co,Ltd., among others.
Based on Type
• Portable type
• Cart Type
The portable type segment has dominated the market growth over the forecast period. This is because it can be carried by an individual person to the place where they are needed and used there for fighting fires. Also, the portable Fire Extinguishers usually come in cylinders that have a hose at one end that sprays water mist, foam, or dry chemical powder onto the fuel source.
Based on Application
• Industrial
• Commercial
• Residential
The commercial segment has dominated the market growth over the forecast period. This is because the fire extinguishers are proven to be a cost-effective solution for both large and small businesses.
Global Dry Chemical Extinguishers Market- Geographical analysis of the market
The Global Dry Chemical Extinguishers Market is segmented into 4 main regions namely, North America, Europe, Asia Pacific, and Middle east and Africa. Among these, North America has dominated the market growth over the forecast period. This is because of the advanced penetration into this region and a better awareness of fire extinguishers in this region. Also, there are significant investments being made by various manufacturers in different countries that will also drive regional sales over time.
Points Covered in The Report
• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years data history and forecast.
• The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc, and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Frequently Asked Questions
• What is the growth rate projection of Global Dry Chemical Extinguishers Market?
• What are the major growth determinants of Global Dry Chemical Extinguishers Market?
• What are the major segments constituting the Global Dry Chemical Extinguishers Market?
• Which is the fastest growing region in Global Dry Chemical Extinguishers Market?
• Which are the top companies operating in Global Dry Chemical Extinguishers Market?
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. We Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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