Press release
Explosion Proof Packaging Market Trends and industry Analysis 2024
Explosion proof enclosure or explosion proof packaging is an isolation provided to the equipment in order to prevent contact of fire inside with the external explosive environment. The hazardous and explosive environments are very common in manufacturing industries.The packaging can be made of metallic material or nonmetallic materials such as plastic, etc. To minimize the risk of explosion or fire, the explosion proof packaging is critical for the electrical instruments.
The packaging are characterized to have properties such as anti-corrosion, ability to withstand high pressure, exposure to chemicals, and other extreme conditions. They are generally used to cover automation and electrical equipments/systems in the industries.
Most of the manufacturing industries give rise to flammable and hazardous environment are which include chemical, pharmaceuticals, food & beverages, oil & gas, petrochemical, wastewater treatment industry use explosion proof packaging.
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Chemical, pharmaceutical, oil & gas, power generation, and petrochemical are the prominent end users. To avoid risk of explosion and ensure safety various laws and directives are developed in most of the countries.
The organizations such as NEMA (National Environmental Management Authority) in US, and IEC (International Electro technical Commission) are responsible for the packaging standards.
Global Explosion Proof Packaging Market Dynamics
The global explosion proof packaging market is expected to be driven by the growing concerns and governmental regulation for safety in end use industries.
The manufacturers in Europe are directed to follow the directive 94/9/EC while installing and commissioning mechanical and electrical systems in the hazardous environment. Similarly in US, the directives by NEC (National Environmental Commission) is followed.
In rest of world, the compliance of the installation and commissioning of electrical systems is based on IEC (International Electro technical Commission).
The trend towards minimizing the human efforts in each end use industry through automation is driving the demand and can be considered as one of the prominent driving factor for the global market. Growing global industrialization is also one of the driving factor for global explosion proof packaging market.
The growing output of the end user industries is linked with the more need for safety provisions in the industries. The higher cost related to the packaging material is a major restraint for the market.
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Based on geography, the global explosion proof packaging market can be segmented as North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan, Middle East and Africa, and Japan. Asia Pacific and Middle East & Africa markets are expected to be the fastest growing market for explosion proof packaging due to the high industrial growth in these regions in near future. North America and Western Europe are the most prominent market in the global explosion proof packaging market.
Global Explosion Proof Packaging Market Players
The global explosion proof packaging market is mostly fragmented with number of players existing in the market. Some of the key players are Adalet, R. Stahl, Inc., BARTEC GmbH, Eaton, Pentair Equipment Protection.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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