Hydrogen Flame and Flashback Arrestors Market - Forecast(2024 - 2030)
Hydrogen Flame and Flashback Arrestors Market Overview
Hydrogen
Flame and Flashback Arrestors Market Size is forecast to reach $104.2 million
by 2026, at a CAGR of 5.1% during 2021-2026. Hydrogen flame and flashback arrestors market is a safety
product used in workplaces or in the industrial processes to protect users and
equipment from damages and explosions and consists of a metallic tube filled
with iron wool to cool the flame. Adoption of hydrogen flame and
flashback arrestors is huge in the oil and gas industry for oxy fuel welding, flame propagation and flame stabilization as well as reverse gas flow owing to stringent
regulations related to the adoption of safety equipment in this industry.
Growing research and development (R&D) activities for the development of
flame arrestors are also expected to fuel the growth of the market. In water
and wastewater industry, explosions may occur due to leakage of gases from
sewage pipelines. Adoption of hydrogen flame arrestors and investments on water
treatment due to stringent regulations in the U.S. and other countries provide
opportunities for market growth. Moreover, an increase in investments for the
upgradation of equipment and replacement with advanced equipment is expected to
drive the market during the forecast period 2021-2026.
Report Coverage
The report: “Hydrogen Flame & Flashback Arrestors
Market Industry Outlook– Forecast (2021-2026)”, by IndustryARC covers an
in-depth analysis of the following segments of the Hydrogen Flame &
Flashback Arrestors Market
By Type: End of Line, In Line, In Line
Detonation
By Component: Arrestor Disk, Spacer,
Housing/Casing, Connections, Others
By Element Style: Fixed, Replaceable
By Industry Vertical: Chemical, Oil & Gas, Energy &
Power, Food & Beverage, Pharmaceutical, Marine, Water & Wastewater,
Others
By
Geography: North
America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain,
Russia and Others), APAC (China, Japan India, Australia and Others), and RoW
(Middle East and Africa, South America)
Key Takeaways
- Surge in the Industrialization along with the growth of Oil and Gas industries owing to the rising energy demands along with increasing natural gas production and plans to improve oil production have driven the growth of the market to improve the safety regulations.
- Replaceable hydrogen flame arrestors have witnessed a significant growth in the market owing to growing which is widely being used in most major industries like oil & gas, aerospace & Marine and so on as there is need for need for regular inspection in order to avoid accidents or severe damages in the long term.
- North America is witnessing a major growth in the market owing to the stringent government regulations and growing industrialization owing to offering environmental protection due to continuous mixing of hazardous wastes from industrial sector.
Global Hydrogen Flame & Flashback Arrestors Market, By Region, 2020
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Hydrogen Flame and Flashback Arrestors Market Segment Analysis - By Element Style
The Replaceable segment is growing at a significant CAGR of 6.8% in the
forecast period as it is used widely in the Oil and Gas industry due to features such as high durability, versatile designs,
optimum level arresting capacity, and others. According
to Oil & Gas IQ, in 2019 the oil and gas industry will grow at a remarkable
rate, owing to the increased upstream production. It is also estimated that Oil
also accounts for a significant percentage of energy consumption regionally
from 32% for Europe and Asia, 40% for North America, 41% for Africa, 44% for
South and 53% for the Middle East. Critical environments facilitating explosion or blasts due
to presence of volatile or harmful gases within the atmosphere, the need for
regular inspection becomes essential in order to avoid accidents or severe
damages in the long term. Such instances have been propelling the demand
towards hydrogen flame and flashback arrestors in which the arrestor parts or elements
can be easily replaced, thus reducing the need for purchasing new flame
explosion trapping devices. All these factors are analyzed to boost the growth
of the market in the forecast period 2021-2026.
Hydrogen
Flame and Flashback Arrestors Market Segment Analysis - By Industry Vertical
Oil and
Gas sector is expected to witness a highest CAGR of 6.9% in the forecast period as
there is remarkable growth in the
Oil and Gas sector in the recent years. The environmentally vulnerable aspect
of the oil & gas field makes it important to install hazard management
appliances. A big catalyst for the development of the sector is the new shale
gas and tight oil revolution in the US and Canada. With the cost of production
diminishing as emerging developments develop, shale gas and tight oil
production has risen rapidly and these are used in the bulk storage of oil and
gas, offering minimum product losses and best-in-class pressure relief and explosion
protection performance. According to OPEC, Kuwait Petroleum Corporation (KPC)
increased crude oil production capacity to 4 mb/d in 2020, where the additional
production capacity came from technically challenging sour and heavy fields.
Kuwait has accordingly awarded enhanced technical service agreements with
international firms for the development of heavy oil boosting the use of alternators.
In addition, The Clean Fuels Project (CFP), started in 2019, transformed
Kuwait’s two refineries into a single integrated merchant-refining complex. As
part of this integration project, Mina al-Ahmadi refinery shed 120,000 b/d and
the Mina al-Abdulla refinery added 184,000 b/d resulting in a net gain of
64,000 b/d with a total of 800,000 b/d refining capacity at the new integrated
complex in 2019. All these boosted the growth of the hydrogen flame and
flashback arrestors Market.
Hydrogen
Flame and Flashback Arrestors Market Segment Analysis - By Geography
Hydrogen Flame and Flashback arrestors Market in North America region held significant market share of 37.2% in 2020. Canada is one of the world’s largest producers of Oil & Gas. Canada ranks 5th in global production of Oil & Gas and 4th in the exports of the same. According to Statistics Canada, the country’s biggest banks earn up to 20% of their revenue through providing investment and earn up to 20% of their overall revenue by providing investment and corporate banking services to Oil & Gas companies. The trade in crude oil, natural gas, refined products such as gasoline and petrochemicals, and electricity between the U.S., Canada and Mexico is multi-directional. The U.S. chemical industry had final revenue of more than $765 billion and directly employing more than 529,000 employees in 2018, with additional indirect jobs of more than 1.8 million from industry suppliers. The chemical industry is one of the largest and fastest growing industries in the United States region. Hydrogen Flame Arrestor are deployed for protection of storage tanks for chemical processing plants. With the growing chemical industry, demand for hydrogen flame and flashback arrestor rises for safety purposes, which in turn drives the market growth.
Hydrogen Flame and Flashback Arrestors Market Drivers
Rising investments towards Oil and Gas Projects:
Increasing industrialization has resulted in the
surge of oil and gas applications where there is a requirement of hydrogen
flame and flashback arrestors for damage protection. Oil and gas sector is considered as a major end-user incorporating
flame arrestors owing to its highly critical and hazardous industrial
environment. Production facilities related to oil & gas processing as well
as refining utilizes a wide range of hazardous and volatile compounds or
chemicals, which affect industrial safety, thus creating high demand
towards hydrogen flame and flashback arrestors. With the surging COVID-19 pandemic, the
oil & gas construction projects were postponed as an initiative towards
preventing the virus spread. As per the data from the Ministry of Petroleum and Natural
Gas, the project activities across 8,363 oil and gas projects worth Rs. 5.88
lakh crore have been resumed across India in 2020. The start of oil & gas
construction projects with maintaining standard operating procedures related to
pandemic, will be driving requirement of gas pipelines, treatment systems, gas
storage tanks with many others in the long run. As these industrial machines
are a part of exerting harmful and toxic gases or vapors, there can be
explosion threats, thus boosting the growth of flame arrestors owing to rising
oil & gas projects.
Government regulations regarding industrial safety concerns:
The Oil
Industry Safety Directorate (OISD) under the Ministry of Petroleum and Natural
Gas serves as a technical standard directorate responsible for coordinating the
implementation of self-regulatory measures, which are aimed at enhancing safety
standards within the oil & gas plants operating in India. Several set
standards namely, OISD STD 116 and OISD STD 117 regarding fire protection facilities
across oil or gas processing plants as well as petroleum refineries, which has
been causing a positive impact on the installation of fire explosion control
systems such as hydrogen flame arrestors. According to the guidelines set by
OSHA (Occupational Safety and Health Administration) regarding industrial
safety across chemical industries, the manufacturing plants are bound to comply
with fire safety regulations. Due to the generation of various volatile and harmful
obnoxious gases within the industry, there are high chances of fire
explosions owing to the mixing of flammable substances within the machines, thus
making it mandatory to install various fire protection equipment. Such
regulatory policies have been helping to boost the demand towards hydrogen flame
arrestors across chemical industries.
Hydrogen Flame and Flashback Arrestors Market Challenges
High Investment for the installation of hydrogen flame arrestors:
The rising adoption of flame arrestors for demanding applications across various industry
verticals such as mining, sewage plants, food & beverage, chemicals, power
generation with many others are causing higher demand in the market.
Manufacturing of such efficient and highly reliable flame arrestors incurs high
investments by the manufacturers, which directly impact the purchasing costs
for the consumers in the market, thus causing lesser adoption which is
restraining the growth of the market.
Hydrogen Flame and Flashback Arrestors Market Landscape
Product launches, acquisitions, Partnerships
and R&D activities are key strategies adopted by players in the Hydrogen Flame and Flashback Arrestors Market. Hydrogen
Flame and Flashback Arrestors Market top 10 companies include Protego Braunschweiger Flammenfilter, ELMAC
Technologies, Emerson Electric, D-KTC Fluid Control, Morrison Bros,
WITT-Gasetechnik, AAGER GmbH, Continental Disc, Motherwell Tank Protection,
Westech Industrial among others.
Acquisitions/Product Launches
- In June, 2020, Elmac Technologies announced the expansion of their current end-of-line flame arrester range with a new High Temperature EHB Series suitable for use with gases in explosion groups up to and including IIB3, and for elevated operating temperatures up to 150°C.
- In January, 2019, Wihelmsen launched new series of SIRE version (7) which are used in specific welding gases which are flashback arrestors in marine applications.
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