United States Portable Fire Extinguishers Market Size By Product (Portable, Wheeled, and Knapsack), By Application (Industrial, Commercial, Households), By Extinguishing Agent (Dry Chemical, Carbon Dioxide, Foam), And Forecast
United States Portable Fire Extinguishers Market Size By Product (Portable, Wheeled, and Knapsack), By Application (Industrial, Commercial, Households), By Extinguishing Agent (Dry Chemical, Carbon Dioxide, Foam), And Forecast
Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
United States Portable Fire Extinguishers Market Size And Forecast
United States Portable Fire Extinguishers Market size was valued at USD 2,110.57 Million in 2021 and is projected to reach USD 4,471.39 Million by 2030, growing at a CAGR of 8.91% from 2023 to 2030.
The growing awareness about the use of portable fire extinguishers and government regulations for fire safety are fueling the growth of the market. The United States Portable Fire Extinguishers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
United States Portable Fire Extinguishers Market Definition
A portable fire extinguisher is a portable device that contains an extinguishing substance that may be ejected under pressure to suppress or extinguish a fire. It is a portable safety that is regularly used during crises to extinguish minor flames and minimize potential devastation before firefighters arrive. It consists of a cylinder with an extinguishing substance inside, a sprayer, a handle, and a pressure sensor. It primarily operates by ejecting the extinguishing agent at high pressure, which aids in cooling the burning material, depriving the flame of oxygen, and interfering with the flame’s chemical process.
Non-cylindrical pressure vessels can also be found in fire extinguishers, but they are less common. The good and firefighting agent are both kept in the same chamber of pressure units. Nitrogen has traditionally been used with dry chemical extinguishers, whereas air has traditionally been used with water and foam extinguishers. Cartridge-operated extinguishers keep the gas in a separate cartridge that is ruptured before discharge, exposing the propellant to the extinguishing chemical.
These extinguishers eventually employ pressurized carbon dioxide. There are two typescartridge-operated and stored pressure. The portable fire extinguisher is classified into two typeshandheld and cart-mounted. A portable or moveable equipment is used to extinguish a tiny fire by directing a liquid onto it that cools the burning material, stops oxygen from entering the flame, or severely interferes with the chemical processes that occur in the flame.
United States Portable Fire Extinguishers Market Overview
The market for portable fire extinguishers in the U.S. is really taking off! We're seeing a strong growth rate because more and more American businesses and homeowners are wanting them. Plus, people are becoming more aware of how important these extinguishers are, and with government regulations pushing for better fire safety, the demand is really heating up. Did you know the first fire extinguisher was invented way back in 1723? Ambrose Godfrey, a smart scientist over in England, came up with it. It was basically a big barrel filled with a special liquid and had a metal chamber with gunpowder in it. You'd light a fuse, and boom, the gunpowder would explode and spray the liquid everywhere! It wasn't exactly user-friendly, but it was a start!
Many different versions of the extinguisher were developed after this one, but it wasn’t until the 1800s that a contemporary form of the extinguisher appeared. Furthermore, Captain George William Manby produced the first modern fire extinguisher, a copper jar carrying 3 liters of pearl ash solution under compressed air pressure, in 1819.
Almon M. Granger patented a soda-acid extinguisher in the United States in 1881, about 70 years after the first fire extinguisher. His extinguisher blasted pressured water onto a fire by reacting sodium bicarbonate solution with sulphuric acid. Simultaneously, Read & Campbell of England created the cartridge-operated extinguisher in 1881, which employed water or water-based solutions. Soon after, in 1905, Alexander Laurant of Russia devised a chemical foam extinguisher, which he initially used to extinguish a pan of flaming naphtha. It functions and appears like a soda-acid kind, but the inner workings are different.
United States Portable Fire Extinguishers Market Segmentation Analysis
The United States Portable Fire Extinguishers Market is segmented based on Product, Application, and Extinguishing Agent.
United States Portable Fire Extinguishers Market, By Product
• Portable• Wheeled• Knapsack
To Get a Summarized Market Report By Product-
So, when we're talking about fire extinguishers, we can break them down by Product typePortable, Wheeled, and even Knapsack models. Seems like Portable extinguishers are the most popular – they grabbed a whopping 49.58% of the market in 2021, adding up to a value of USD 1,046.36 Million! And get this, they're expected to keep growing like crazy, with a CAGR of 10.26% over the next few years. Wheeled extinguishers were the runner-up in 2021, pulling in USD 700.26 Million and are projected to grow at a solid 7.96% CAGR. Now, a portable fire extinguisher, by definition, is just a device to put out fires. The thing is, they really only work on small fires that match their rating. Think of them as your "first attack" option in a fire. In a workplace, these extinguishers can be lifesavers for small blazes. Remember though, not all extinguishers are the same – you need the right class for the specific fire type, careful placement, routine maintenance and inspection, and everyone needs training on how to use them!
United States Portable Fire Extinguishers Market, By Application
• Industrial• Commercial• Households• Public Areas• Others
So, when we look at where portable fire extinguishers are used in the United States, it breaks down into a few key areasIndustrial, Commercial, Households, Public Areas, and a catch-all "Others" category. Industrial settings really lead the pack – they held almost 33% of the market in 2021, which added up to a whopping $694.73 Million! And get this, they're expected to keep growing at a rate of 9.50% each year. But Commercial spaces are close behind, hitting $551.36 Million in 2021 and are actually projected to grow even faster, at nearly 10% annually! Makes sense, right? Think about all the risks involved in chemical industries – that’s where you'll often find extinguishers placed nearby. For example, you might spot a carbon dioxide (CO2) extinguisher in a lab with computers and electrical stuff. And for places with flammable chemicals (like where they use mass spectrometers or NMR machines), you'll usually see dry chemical extinguishers (BC, ABC types). In labs dealing with flammable solids (Class D fires), they even have special Metal-X extinguishers – they use graphite to put those fires out.
United States Portable Fire Extinguishers Market, By Extinguisher Agent
To Get a Summarized Market Report By Extinguishing Agent-
When we talk about the United States Portable Fire Extinguishers Market, we can break it down by what's insideDry Chemical, Carbon Dioxide, Foam, Dry Powder, and "Others." In 2021, Dry Chemical extinguishers were the big winner, grabbing a 31.85% share of the market, worth a cool USD 672.30 Million! And get this – they're expected to grow the fastest, with a projected CAGR of 10.07%! Carbon Dioxide extinguishers came in second, valued at USD 567.44 Million in 2021 and predicted to grow at a CAGR of 8.53%. How do these Dry Chemical extinguishers work? Simple! They blanket the fire with a fine powder, cutting off the fuel's access to oxygen. Plus, this powder helps stop the chemical reaction that causes the fire! Where can you find them? All over the place! Think open halls in new buildings, offices, university vehicles, labs, mechanical rooms, break rooms, and chemical storage areas. You might even spot Class B and C dry chemical extinguishers (the ones with the powder) in commercial kitchens or areas with flammable liquids. Now, what kinds of fires are these Dry Chemical extinguishers good for? The paragraph then gets abruptly cut off and seems to be describing inappropriate fire types, and seems to be mislabeled, perhaps mistakenly referencing Class fires, when Class fires should be referenced (fires involving flammable materials such as paper and wood). These occur in residential and commercial spaces and are the most common occurrences are fires caused by furniture or trash.
Key Players
The major players in the market are Kidde, Amerex Corporation, JL Industries, Tyco Fire Products LP, Britannia Fire Ltd., First Alert Inc., Ceasefire Industries Pvt. Ltd., Buckeye Fire Equipment, Yamato Protec Corp, and Desautel. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with Type benchmarking and SWOT analysis.
Key Developments
• In September 2022, Activar Construction Products Group, Inc Announced a New Location Salt Lake City Warehouse Opening September 1st. With the opening of its eleventh location, the company will be providing local distribution to another major metropolitan area of the US.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the segment that is majorly leading in the United States Portable Fire Extinguishers Market. We cover the major impacting factors that are responsible for driving the industry growth in the given geography.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the United States Portable Fire Extinguishers Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
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