Flame Arrestors Market

Emerson (US) and Elmac Technologies (UK) are the Major Players in the Flame Arrestors Market

The global flame arrestors market is projected to reach USD 924.7million by 2023, at a CAGR of 5.31% from 2018 to 2023. This market growth is primarily driven by stringent safety norms and regulation for industries. The shale gas and tight oil boom in the Asia Pacific and North America provides an opportunity for growth in the market.

The flame arrestors market comprises both global and regional players. The global market is dominated by major players, including Emerson (US), Braunschweiger Flammenfilter (Germany), Elmac Technologies (UK), and BS&B (US). The market growth strategies adopted by key players in the flame arrestors market include contracts & agreements, new product launches, and mergers & acquisition. The contracts & agreements strategy was the most commonly adopted by market players from January 2014 to May 2018. The industry players also adopted new product launches, the second-most popular strategy during the stated period.

To know about the assumptions considered for the study download the pdf brochure

Emerson is a leading provider of automation solutions for various industries. The company operates through two segments, automation solutions, and commercial & residential solutions. The automation solutions segment provides integrated manufacturing solutions for products such as measurement equipment, valves & actuators, control systems, and pneumatic equipment. The company offers flame arrestors as part of its valves & actuators and regulators product portfolio. The company has expansions, and new product launches as its key growth strategies. In January 2014, Emerson announced the acquisition of Enardo, a company providing safety instrumentation systems including flame arrestors. The acquisition made way for Emerson’s entry into the flame arrestors market

Elmac Technologies is a UK-based industrial safety equipment manufacturer, founded in 1948 and headquartered in Greenfield. The company specializes in tank safety equipment such as flame arrestors, pressure relief valves, tank blanketing valves, and emergency relief vents. The company caters to various end-user industries such as oil & gas, petrochemicals, pharmaceutical, fuel distribution, and biogas production industries.  

Elmac is focused on organic growth strategies, mainly contracts & agreements. In June 2018, the company secured a contract to provide flame arrestors for Belgium’s largest fuel storage facility with the objective to supply assistance through the vapor recovery lines of two new jetties. In January 2018, it launched two new series of end-of-line flame arrestors, the LCA and LEA series.

Related Reports:

Flame Arrestors Market by Type (In-Line and End-of-Line), Application (Storage Tank, Pipeline, Incinerator, Ventilation System), End-user (Oil & Gas, Chemical, Pharmaceutical, Waste-to-Energy Plant), and Region - Global Forecast to 2023

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Flame Arrestors Market Size,  Share & Growth Report
Report Code
EP 6514
RI Published ON
8/8/2018
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
GET A FREE SAMPLE

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

SEND ME A FREE SAMPLE
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status