Flame Arrestor Market Size, Share Analysis, Growth And Global Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Flame Arrestor Market Size, Growth Rate, And Forecast:
The global flame arrestor market size grew from $4.76 billion in 2022 to $5.16 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The flame arrestor market size is expected to grow to $6.76 billion in 2027 at a CAGR of 7.0%.

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Flame Arrestor Market Drivers:
The increase in oil and gas exploration activities are 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.

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Flame Arrestor Market Segments
•By Type: In-line, End-of-line
•By Application: Storage Tank, Pipeline, Incinerator, Ventilation System, Other Applications
•By End-User: Oil and Gas, Chemicals, Pharmaceutical, Mining, Power Generation, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the flame arrestor market.

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Flame Arrestor Market Key Players:
Major competitors in the flame arrestor market include Ermacora, Emerson Electric Co., Braunschweiger Flammenfilter, L&J Technologies, Morrison Bros. Co., Tornado Combustion Technologies, Motherwell Tank Protection, Protectoseal, Ergil, Westech Industrial, and PROTEGO.

The Business Research Company's "Global Flame Arrestor Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Flame Arrestor Market Include:
1. Executive Summary
2. Flame Arrestor Market Characteristics
3. Flame Arrestor Market Trends And Strategies
4. Flame Arrestor Market - Macro Economic Scenario
5. Flame Arrestor Market Size And Growth
....
26. Africa Flame Arrestor Market
27. Flame Arrestor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Flame Arrestor Market
29. Flame Arrestor Market Future Outlook and Potential Analysis
30. Appendix

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