Persistence Market Research
An event of fire is a life-threatening situation in domestic, commercial or industrial areas of work. To counter this situation, advanced technological devices are used to effectively suppress fire. There are different types of firefighting systems including wet chemical fire suppression and dry chemical fire suppression. Dry chemical fire suppressions systems are prominently used in industrial applications. Numerous types of dry chemicals used in these fire system including ABC multipurpose dry chemical, Stearated (BC) dry chemical and BC purple- K chemical. These fire suppression dry chemicals are additives based on mono-ammonium phosphate, sodium bicarbonate and potassium bicarbonate respectively. Fire suppression dry chemicals possess flame knockdown characteristic that helps in firefighting. Fire suppression dry chemicals are used as fire-extinguishing agent in system, separating fuel from oxygen or removing heat. Moreover, fire suppression dry chemicals find a wide range of applications in class A, B and C fires.
Fire Suppression Dry Chemicals: Market Dynamics
The expansion of commercial and industrial sector along with growing awareness of fire safety, have positively impacted on global fire suppression dry chemicals market. Hazardous environment in various industries has turned the focus towards safety and usage of fire suppression dry chemicals to favorable extent. Government agencies have developed numerous codes for fire prevention and protection to avoid the fire accidents worldwide. Thus, the adoption of fire suppression dry chemicals is being made a priority, is considered as a key trend for global fire suppression dry chemicals market. Moreover, growing rate of urbanization led the infrastructural activities on globe level is also likely to imbibe a profound rate of fire suppression chemicals via fire extinguishing equipment. Also, the initiatives on HSE (health, safety and environment) in industrial workpalces is projected to gain the significant growth in fire suppression dry chemicals market by end of 2028.
Fire suppressions dry chemicals have nozzle pressure can cause burning liquid to splash. Also, fire suppression dry chemicals exhibit moisture absorption tendencies and leave a residue, is not good to class A fires. These characteristics have negative impacts on the environment and their wide applications in various end users may hold the growth of the fire suppressions dry chemicals market globally. Advancements in technologies have also helped in the development of more efficient fire suppression dry chemicals and this act as a growth opportunity for the global fire suppression dry chemicals market.
Global Fire Suppression Dry Chemicals Market: Segmentation
Global fire suppression dry chemicals market can be segmented on the basis of product type, application area and regions as mentioned below.
On the basis of product type, global fire suppression dry chemicals Market can be segmented as mentioned below:
ABC Multipurpose dry chemical Stearated (BC) dry chemical BC Purple- K dry chemical
On the basis of application areas, global fire suppression dry chemicals Market can be segmented as mentioned below:
Class A (Common combustible solids) Class B (Burning Liquid and gases) Class C (Electrical fires)
Global Fire Suppression Dry Chemicals Market: Regional outlook
Modernization and rapid industrialization will continue to drive the demand for fire suppression dry chemicals in the developing economies as a result of the adoption of safety regulations which are already carried out in developed economies. The fire suppression dry chemicals is well established in the Europe and North American market whilst the countries in Asia-Pacific which are still developing are said to hold second largest market for the fire suppression dry chemicals owing to the increase in infrastructural activities and construction projects.
Global Fire Suppression Dry Chemicals Market: Key Players
The global fire suppression dry chemicals Market expected to be fragmented throughout forecast period. Some of the market participants identified across the value chain of global fire suppression dry chemicals market which are mentioned below:
Reliable Fire & Security ORR Protection Systems American Fire Technologies Amerex Corporation
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
Regional analysis includes
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.