The explosion proof market was valued at 9,076.41 million US$ in 2019 and is expected to reach 13,581.59 million US$ by 2027, growing at a CAGR of 6% from 2021 to 2027.
Increasing explosion rates in mining, oil and gas and other industries, and exposure of individuals and equipment to hazardous environments prone to explosion and fire accidents are factors driving the growth of the explosion protection market. The Global Explosion Protection Market report provides a holistic assessment of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play a vital role in the market.
A full report of Explosion Protection Market available at: https://www.orionmarketreports.com/explosion-protection-market/58593/
Explosion Protection Market – Segmentation
By Protection Method
• Explosion Segregation
• Explosion Prevention
• Explosion Containment
By Industry Vertical
• Manufacturing
• Marine
• Mining
• Food Processing
• Others
Major Players
Some of the major players such Intertek Group Plc, Bartec Group, Pepperl+Fuchs Gmbh, Rockwell Automation, Inc., ABB Group, Honeywell International Inc., Johnson Controls, Adalet, Extronics Ltd, Siemens AG.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)