Flame Arrestor Market Size, Share, Growth Analysis, By Types(In-line, and End-of-line), By Applications(Oil & Gas, Chemicals, Metals & Mining, Pharmaceutical), By Region - Industry Forecast 2024-2031

Global Flame Arrestor Market size was valued at USD 4.23 billion in 2022 and is poised to grow from USD 4.42 billion in 2023 to USD 6.06 billion by 2031, growing at a CAGR of 4.6% in the forecast period (2024-2031).

Explosion arresters are devices mounted on hot water pipes or fixed to the mouths of storage tanks. In addition, the primary function of a fire retardant is to extinguish any flame front where a flammable gas or vapor mixture spreads in an emergency. The development of oil, gas and electricity production has led to greater adoption of flame retardants and other devices. Flame retardants are expected to emerge as an important device soon and their use in various applications is expected to drive the market demand.

This hedging is particularly prevalent in Asia Pacific, especially in developing countries in China, India and Indonesia where major small and medium players take risks such as gas curtain schemes to contain rather than cost installation of protective devices such as flame retardant -Selected for containment equipment These are the factors, which are breaking the growth of the global market.

To prevent the spread of a spark or the start of a large explosion insulation, commonly called the flame or fire trap, allows air to pass in. Insulation is used in a variety of situations, including gas and oil pipelines. More than any other industry, the oil and gas industry deals primarily with highly flammable materials. There have been many incidents in the oil and gas industry in the past. Governments around the world have chosen to apply flame retardants to areas likely to cause fires to prevent and manage such incidents (especially in the oil and gas industry). It is expected that such regulations and these safety measures by governments will increase the use of fireworks preventive measures.