Global Condensed Aerosol Fire Extinguishers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Condensed Aerosol Fire Extinguishers are particle-based fire extinguishers that use very fine solid particles as well as gaseous substances. When the aerosol is ignited by electricity or heat, a mixture of combustion by-products and gases are produced, which mix together to form a homogeneous fire-extinguishing aerosol, which is then released into the protected area. Hot aerosols propel themselves through a unique solid chemical coolant that decomposes and absorbs a lot of heat, ensuring flameless emissions and even distribution of cold aerosols in the area, even to the most concealed and shielded locations, helping to prevent the fire reignited. So as to achieve the purpose of effective fire extinguishing.
Market Overview:
The latest research study on the global Condensed Aerosol Fire Extinguishers market finds that the global Condensed Aerosol Fire Extinguishers market reached a value of USD 197.15 million in 2022. It’s expected that the market will achieve USD 334.04 million by 2028, exhibiting a CAGR of 9.19% during the forecast period.
Since the Russian-Ukrainian conflict, the war has led to the destruction of infrastructure and the environment, and the morbidity and mortality of civilians have continued to rise. Toxic gases and particles emitted by explosions and fires pollute ambient air and threaten the integrity of nuclear reactors. The destruction of industrial facilities has caused hazardous chemicals to contaminate water and soil, causing widespread contamination. The deployment of anti-personnel mines and cluster bombs and the presence of unexploded ordnance pose short- and long-term threats to health and safety. During this period, for Russia and Ukraine, and neighboring countries, its fire protection work was particularly important, and to a certain extent, it promoted the development of the Condensed Aerosol Fire Extinguishers industry.
Market Drivers and Impact
Wide range of applications and high demand
Condensed Aerosol Fire Extinguishers are one of the common firefighting equipment, which are stored in public places or where fires may occur, and fire extinguishers can be seen everywhere in our daily life. Condensed Aerosol Fire Extinguishers can be used as a replacement for traditional fire extinguishers and are widely used in industry, commercial hotels, furniture outdoors, library archives, computer rooms, kitchens, cars, boats, garages, docks, gas stations, and other places, and can be used to extinguish B Class, Class C, and incipient fires of energized equipment. Therefore, the market for Condensed Aerosol Fire Extinguishers is in high demand.
Government agency support
Governments in many countries are implementing strict safety guidelines to prevent unexpected incidents due to sudden fires, which encourages the installation of fire extinguishers, especially in houses, restaurants, hotels, schools, hospitals, offices, and factories, increasing the level of industrialization, coupled with the construction of commercial space, further supports the demand for fire extinguishers, especially in developing regions. In addition, the market is influenced by insurance agencies that mandate the installation of fire extinguishers in insured buildings. In addition to this, industry leaders are introducing environmentally friendly, gas- or powder-based fire extinguishers that do not release toxic fumes. They are also expanding its product portfolio to include compact, lightweight, and cost-effective fire extinguishers. Thus, expanding the global Condensed Aerosol Fire Extinguishers market.
The development of downstream industries drives the development of the industry
Fire accidents are the most harmful and frequent disasters in modern society. A large number of urban buildings, office buildings, and residential buildings all over the world need to be newly built, expanded, and rebuilt, which has created a huge demand for fire protection products. With the improvement of residents' living standards and the enhancement of fire protection awareness, the residential building fire protection market continues to expand, thereby driving the development of the Condensed Aerosol Fire Extinguishers market.
Technological progress and product innovation
While the expansion of downstream applications has brought increased demand to the upstream market, technological innovation has also become a driving factor for the Condensed Aerosol Fire Extinguishers market. In recent years, Condensed Aerosol Fire Extinguishers have been continuously improved and can be used as common fire extinguishers in automobiles. At present, a new type of aerosol fire extinguisher has appeared on the market, which combines the advantages of various fire extinguishers. use it. The principle is to use hot aerosol and nano-dry powder to jointly generate nano-particle fire extinguishing agents. This fire extinguishing agent can not only absorb heat, but also decompose the chemical reaction with burning substances, reduce the temperature of the burning object, prevent the flame from continuing to spread, and terminate the combustion.
Market Challenges and Impact
The Impact of the COVID-19 Epidemic on the Industrial Chain
The epidemic situation in COVID-19 is bound to impact the production and operation of enterprises, hinder the circulation of the industrial chain, and have a negative impact on the downstream industrial economy of condensed aerosol fire extinguishers. Affected by the epidemic, many countries and regions have taken measures such as grounding flights, flight control, import suspension and tariff increase. Some cross-border logistics channels were interrupted, and many factories were shut down, which impacted the multinational manufacturing supply chain. The key intermediate products, spare parts and production equipment required by industrial production in various countries will face a certain risk of disconnection on a global scale. Even countries with relatively perfect industrial sectors have been severely hit. Mainly reflected in the shortage of parts, labor interruption, traffic interruption, products not delivered to customers and the overall utilization rate of production capacity due to the above factors. At the same time, the construction industry is also directly ruined due to the epidemic situation, with many eye-catching shutdown projects or broken capital chain projects.
Threats of Substitutes and Weaknesses of Products
In addition to Condensed Aerosol Fire Extinguishers, the fire extinguisher market also includes foam fire extinguishers, dry powder fire extinguishers, carbon dioxide fire extinguishers, IG541 fire extinguishers, and heptafluoropropane fire extinguishers. Due to the different fire-extinguishing mechanisms of the fire-extinguishing agent, the fire-extinguishing concentration and fire-extinguishing time of the fire-extinguishing agent are also different. For example, carbon dioxide and IG541 fire extinguishers fill the protected space with inert gas to reduce the oxygen content to suffocate and extinguish the fire, while heptafluoropropane and aerosol terminate the combustion reaction through chemical inhibition to achieve the purpose of fire extinguishing. Condensed Aerosol Fire Extinguishers still have certain disadvantages compared to other types of fire extinguishers. Because the aerosol particles are extremely small, have a very large specific surface area, and have a strong adsorption force, they are not suitable for pipeline transportation, and are only suitable for small systems, such as power distribution rooms and transformer rooms with small protective volumes in buildings. These disadvantages limit its market development to a certain extent.
Fierce competition
There are a large number of suppliers of Condensed Aerosol Fire Extinguishers around the world with roughly the same level of competitiveness, which will affect the bargaining power of the key players in the industry, requiring more R&D to form a unique competitive advantage. And many suppliers have extensive experience in the field of Condensed Aerosol Fire Extinguishers and have a strong brand image, which will raise the barriers to entry in the industry and limit the number of new entrants. Intense competition is not conducive to the sustainable development of the industry.
Market Trends
The construction of rural fire protection infrastructure will drive the rural fire protection product market
At present, fire extinguishers are used more in cities and towns, but fires in rural areas are increasing day by day. Especially in developing countries, the market for rural fire protection products is almost blank. Rural areas are generally far away from urban areas, and the road conditions are complex. If a fire occurs, it may cause immeasurable consequences. Rural civil buildings have the poor fire-fighting infrastructure and a lack of fire-fighting tools. If the fire occurs at night or in remote areas, it is difficult to be detected in time, the best time for rescue is missed, and economic losses are increased. Therefore, the further strengthening of rural fire protection infrastructure construction in the future will drive the rapid growth of the rural fire protection product market.
Fire-fighting equipment including fire extinguishers will develop in the direction of technology, information, and intelligence
With the continuous advancement of process technology, large enterprises in the firefighting equipment industry generally improve product quality, reduce the consumption of raw materials and manpower, improve labor productivity through technological transformation, adopt advanced production technology and production equipment, and form a scale advantage, and then Improve the market pricing power of enterprise products. In order to ensure personal and property safety in the event of a fire, more and more public places are equipped with fire alarm equipment. In addition, with the development of the Internet, cloud computing, big data, and other technologies, fire alarm equipment is also developing in the direction of technology, information, and intelligence. In addition, the government's increasing emphasis on fire protection, the gradual improvement of the fire-fighting equipment supervision system, the improvement of public safety awareness, the gradual improvement of fire-fighting equipment regulations, and the continuous improvement of fire-fighting standards have created favorable conditions for the development of the fire-fighting industry. The fire equipment manufacturing industry is facing good development opportunities.
Region Overview:
On the basis of region, Asia Pacific is projected to grow at the highest rate, taking up 24.13% of the market share in 2027.
In 2022, the share of the market in Asia Pacific stood at 23.73%.
Company Overview:
FirePro provides infrastructure protection and security services providing comprehensive services such as fire alarm and detection, suppression, access control, video surveillance, intrusion alarms, building management systems, consumer safety and security, and industries ranging from mass transit and aviation to energy and power generation.
RSL Fire is a leading manufacturer of aerosol fire suppression systems and aerosol fire extinguishers. They have been providing customers with the best fire protection possible through their innovative aerosol fire suppression systems and aerosol fire extinguishers. They are responsible for the design, development and global distribution of RSL Fire aerosol fire suppression systems and fire extinguishers. They also provide customized solutions and consulting with their distributors and partners in global markets. RSL Fire has certified resellers and installation partners in all major European countries.
DSPA.nl is a leading manufacturer of highly innovative aerosol generators, which can be used for fire extinguishing and suppression purposes. Their products are used all over the world by governments, firefighters, first responders, and various industries. DSPA.nl strives to provide exceptional value to customers with an intense focus on quality, reliability, service and innovative product development. This provides a foundation for DSPA.nl’s profitable global growth. Using a network of affiliates and strategic partners, their products are being sold and manufactured in countries all over the globe.
Segmentation Overview:
By type, K Type Aerosol Fire Extinguisher segment accounted for the largest share of market in 2021.
Application Overview:
The market's largest segment by application is the segment Offline Sales, with a market share of 73.29% in 2021.
Key Companies in the global Condensed Aerosol Fire Extinguishers market covered in Chapter 3:
Firecom Automotive
Shenzhen Lianzhongan
Fireaway
Blazequel
FirePro
RSL Fire
Pyrogen
DSPA
GreenEx Fire Suppression Solutions
HAFEX
Aware Fire Technology
Salamandra Safety
Jiandun
Amerex Defense
In Chapter 4 and Chapter 14.2, on the basis of types, the Condensed Aerosol Fire Extinguishers market from 2018 to 2029 is primarily split into:
K Type Aerosol Fire Extinguisher
S Type Aerosol Fire Extinguisher
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Condensed Aerosol Fire Extinguishers market from 2018 to 2029 covers:
Online Sales
Offline Sales
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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