DUBLIN, Jun 21, 2021--(BUSINESS WIRE)--The "Flame Arrestors - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Flame Arrestors estimated at US$686 Million in the year 2020, is projected to reach a revised size of US$970.8 Million by 2027, growing at a CAGR of 5.1% over the period 2020-2027.
In-Line, one of the segments analyzed in the report, is projected to record 5.2% CAGR and reach US$668.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the End-of-Line segment is readjusted to a revised 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $185 Million, While China is Forecast to Grow at 8.4% CAGR
The Flame Arrestors market in the U.S. is estimated at US$185 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$207 Million by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Select Competitors (Total 35 Featured):
ACME Valves Industries
Bs&B Safety Systems
Morrison Bros. Co.
Motherwell Tank Protection
Pentair Safety Systems
Tornado Combustion Technologies
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
Total Companies Profiled: 35
For more information about this report visit https://www.researchandmarkets.com/r/ql5h1r
View source version on businesswire.com: https://www.businesswire.com/news/home/20210621005488/en/
Laura Wood, Senior Press Manager
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