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Dry Chemical Extinguishers Market Size - By Type (Portable Type, Cart Type), By Application (Industrial, Commercial) & Region – Forecasts By - 2030

  • PUBLISHED ON
  • 2024-08-14
  • NO OF PAGES
  • 266
  • CATEGORY
  • Chemicals & Materials
Dry Chemical Extinguishers Market- Overview

The Global Dry Chemical Extinguishers Market is valued at 2.23 billion in 2022 and is projected to reach a value of USD 3.05 billion in 2030 expanding at a CAGR of 4% over the forecast period of 2022-2030.

The fire extinguishers are used for putting out fires and also for saving loss of property and lives.

The fire extinguisher component mainly includes a hand-held cylindrical pressure vessel that contains an agent that can be discharged to extinguish a fire.
The rising number of fire fatalities in homes and businesses across the globe acts as one of the major factors that has fuelled the growth of fire extinguishers market.

Also, the introduction of stringent safety norms by government in order to prevent any unexpected incident on account of fire outbreaks, and rise in construction of commercial spaces have also accelerated the market growth.

Dry Chemical Extinguishers Market- Description

Dry chemical fire extinguishers are one of the most widely used type of fire extinguisher. These extinguishers work by releasing powdered chemicals that mainly cool a burning object and react with its fuel source, smothering it.
The major types of dry chemicals are monoammonium phosphate (MAP) and potassium bicarbonate or baking soda that are used to control temperature rise because of the oxidation reactions in metal fires.

Dry Chemical Extinguishers Market-Key Market Trends

• Increasing focus on safety and security in industries

Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth over the forecast period is the increasing focus on safety as well as security in industries. Also, the increasing demand for industrial applications across emerging economies, and the increased installation of automated sprinkler systems across buildings have accelerated the market growth over the forecast period.

• To provide protection against electrical fires related to power sources

Another major factor that has fuelled the market growth over the forecast period is to provide protection against electrical fires related to power sources. The power sources include, transformers and generators around home and commercial establishments. Also, the increase in food expenditure, change in lifestyle, surge in the disposable income of people and growing awareness have boosted the market growth over the forecast period.

Dry Chemical Extinguishers Market- Segmental Analysis of the Market

Based on Type
• Portable type
• Cart Type

The portable type segment has dominated the market growth over the forecast period. This is because it can be carried by an individual person to the place where they are needed and used there for fighting fires. Also, the portable Fire Extinguishers usually come in cylinders that have a hose at one end that sprays water mist, foam, or dry chemical powder onto the fuel source.

Based on Application
• Industrial
• Commercial
• Residential

The commercial segment has dominated the market growth over the forecast period. This is because the fire extinguishers are proven to be a cost-effective solution for both large and small businesses.

Dry Chemical Extinguishers Market- Geographical analysis of the market

The Global Dry Chemical Extinguishers Market is segmented into 4 main regions namely, North America, Europe, Asia Pacific, and Middle east and Africa. Among these, North America has dominated the market growth over the forecast period.

This is because of the advanced penetration into this region and a better awareness of fire extinguishers in this region. Also, there are significant investments being made by various manufacturers in different countries that will also drive regional sales over time.

Dry Chemical Extinguishers Market- Competitive Landscape

Some of the prominent companies operating in the market are BRK Brands, Inc, Amerex Corporation, Nationwide Fire Extinguishers, Johnson Controls, Ansul, Carrier, Rusoh, Inc, Kidde, BRK Brands, Inc, Kanexfire, United Technology Corporation, Ceasefire Industries Pvt Ltd, Jocket, Tyco Fire Protection Products, DESAUTEL, Britannia Fire Ltd, Ceasefire Industries Pvt.Ltd, Schmitz Cargobull, Honeywell Industries Inc, and Shanghai Jindun Fire Fighting Security Equipemnt Co,Ltd., among others.

Report Scope
Global Dry Chemical Extinguishers Market: Historical Period- 2018-2021
Global Dry Chemical Extinguishers Market: Industry and Forecast Period- 2022-2030
Global Dry Chemical Extinguishers Market 2022- USD 2.23 billion
Global Dry Chemical Extinguishers Market 2030- USD 3.05 billion
Global Dry Chemical Extinguishers Market CAGR- 4%

Major Segments Covered

• Type (Portable type, cart type)
• Application (industrial, commercial, residential)

Key Countries and Regions Covered
• North America (United States, Canada)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa


1.     Global Dry Chemical Extinguishers Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Dry Chemical Extinguishers Market Definition & Description

1.3.  Global Dry Chemical Extinguishers Market Scope and Market Estimation

1.3.1.     Global Dry Chemical Extinguishers Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Dry Chemical Extinguishers Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global Dry Chemical Extinguishers Market

1.4.2.     Application of Global Dry Chemical Extinguishers Market

1.4.3.     Region of Global Dry Chemical Extinguishers Market

 

2.     Executive Summary

2.1.  Global Dry Chemical Extinguishers Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Dry Chemical Extinguishers Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

 

3.     Global Dry Chemical Extinguishers Market Estimates & Historical Trend Analysis (2020 - 2022)

 

4.     Global Dry Chemical Extinguishers Market Estimates & Forecast Trend Analysis, by Type

4.1.  Global Dry Chemical Extinguishers Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Portable type

4.1.2.     Cart Type

 

5.     Global Dry Chemical Extinguishers Market Estimates & Forecast Trend Analysis, by Application

5.1.  Global Dry Chemical Extinguishers Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Industrial

5.1.2.     Commercial

5.1.3.     Residential

            

6.     Global Dry Chemical Extinguishers Market Estimates & Forecast Trend Analysis, by Region

6.1.  Global Dry Chemical Extinguishers Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

6.1.1.     North America

6.1.2.     Europe

6.1.3.     Asia Pacific

6.1.4.     Middle East & Africa

6.1.5.     South America

 

7.     North America Dry Chemical Extinguishers Market: Estimates & Forecast Trend Analysis

7.1.  North America Dry Chemical Extinguishers Market Assessments & Key Findings

7.1.1.     North America Dry Chemical Extinguishers Market Introduction

7.1.2.     North America Dry Chemical Extinguishers Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

7.1.2.1.  By Type

7.1.2.2.  By Application

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

 

8.     Europe Dry Chemical Extinguishers Market: Estimates & Forecast Trend Analysis

8.1.  Europe Dry Chemical Extinguishers Market Assessments & Key Findings

8.1.1.     Europe Dry Chemical Extinguishers Market Introduction

8.1.2.     Europe Dry Chemical Extinguishers Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Type

8.1.2.2.  By Application

8.1.2.3.      By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   Rest of Europe

 

9.     Asia Pacific Dry Chemical Extinguishers Market: Estimates & Forecast Trend Analysis

9.1.  Asia Pacific Market Assessments & Key Findings

9.1.1.     Asia Pacific Dry Chemical Extinguishers Market Introduction

9.1.2.     Asia Pacific Dry Chemical Extinguishers Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.      By Type

9.1.2.2.      By Application

9.1.2.3.      By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   Rest of Asia Pacific

 

10.  Middle East & Africa Dry Chemical Extinguishers Market: Estimates & Forecast Trend Analysis

10.1. Middle East & Africa Market Assessments & Key Findings

10.1.1.  Middle East & Africa Dry Chemical Extinguishers Market Introduction

10.1.2.  Middle East & Africa Dry Chemical Extinguishers Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Type

10.1.2.2.   By Application

10.1.2.3.   By Country

10.1.2.3.1.              U.A.E.

10.1.2.3.2.              Saudi Arabia

10.1.2.3.3.              Egypt

10.1.2.3.4.              South Africa

10.1.2.3.5.              Rest of Middle East & Africa

 

11.  South America Dry Chemical Extinguishers Market: Estimates & Forecast Trend Analysis

11.1. South America Market Assessments & Key Findings

11.1.1.  South America Dry Chemical Extinguishers Market Introduction

11.1.2.  South America Dry Chemical Extinguishers Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Type

11.1.2.2.   By Application

11.1.2.3.   By Country

11.1.2.3.1.            Brazil

11.1.2.3.2.            Argentina

11.1.2.3.3.            Colombia

11.1.2.3.4.            Rest of South America

 

12.  Competition Landscape

12.1. Global Dry Chemical Extinguishers Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

12.2. Global Dry Chemical Extinguishers Market Concentration & Company Market Shares (%) Analysis, 2022

 

13.  Company Profiles

13.1.1.     BRK Brands

13.1.2.     Company Overview & Key Stats

13.1.3.     Financial Performance & KPIs

13.1.4.     Product Portfolio

13.1.5.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

13.2.    Amerex Corporation

13.3.    Nationwide Fire Extinguishers

13.4.    Johnson Controls

13.5.    Ansul

13.6.    Carrier

13.7.    Rusoh Inc

13.8.    Kidde

13.9.    BRK Brands Inc

13.10.  Kanexfire

13.11.  United Technology Corporation

13.12.  Ceasefire Industries Pvt Ltd

13.13.  Jocket

13.14.  Tyco Fire Protection Products

13.15.  DESAUTEL

13.16.  Britannia Fire Ltd

13.17.  Ceasefire Industries Pvt.Ltd

13.18.  Schmitz Cargobull

13.19.  Honeywell Industries Inc

13.20.  Shanghai Jindun Fire Fighting Security Equipemnt Co Ltd 

13.21.  Others**

 

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

 

15.  Research Findings & Conclusion  

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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.


Frequently Asked Questions

What is the market size and growth projections?

The Global Dry Chemical Extinguishers Market is valued at 2.23 billion in 2022 and is projected to reach a value of USD 3.05 billion in 2030 expanding at a CAGR of 4% over the forecast period of 2022-2030.

What are the drivers shaping various markets?

Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth over the forecast period is the increasing focus on safety as well as security in industries.

Who are the key competitors of market Players?

Some of the major players operating within the market are BRK Brands, Inc, Amerex Corporation, Nationwide Fire Extinguishers, Johnson Controls, Ansul, Carrier, Rusoh, Inc, Kidde, BRK Brands, Inc, Kanexfire, United Technology Corporation, Ceasefire Industries Pvt Ltd, Jocket, Tyco Fire Protection Products, DESAUTEL, Britannia Fire Ltd, Ceasefire Industries Pvt.Ltd, Schmitz Cargobull, Honeywell Industries Inc, and Shanghai Jindun Fire Fighting Security Equipemnt Co,Ltd., among others.

What are the top performing segments, and countries / regions of each of the markets?

North America has dominated the market growth over the forecast period. This is because of the advanced penetration into this region and a better awareness of fire extinguishers in this region.

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