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 on: 2024-07-13 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
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 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 United States Portable Fire Extinguisher Market is growing with a significant CAGR during the forecasted period due to growing demand for portable fire extinguishers across American end-users. Also, the growing awareness about the use of portable fire extinguishers and government regulations for fire safety are fueling the growth of the market. Ambrose Godfrey, a prominent scientist, developed the first fire extinguisher in England in 1723. It was made out of a cask of fire-extinguishing liquid and a gunpowder chamber made of metal. This was linked to a system of fuses that were lit, bursting the gunpowder and dispersing the solution.
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-
Based on Product, the market is segmented into Portable, Wheeled, and Knapsack. Out of which, Portable accounted for the largest market share of 49.58% in 2021, with a market value of USD 1,046.36 Million and is projected to grow at the highest CAGR of 10.26% during the forecast period. Wheeled was the second-largest market in 2021, valued at USD 700.26 Million in 2021; it is projected to grow at a CAGR of 7.96%. By definition, a portable fire extinguisher is a component of apparatus used to put out a fire. But in reality, a portable fire extinguisher only works on fires of the size and type for which it is rated. Portable fire extinguishers should only be used in the early stages of a fire before the fire gets to a location beyond the extinguisher’s capability. They are typically used as “first attack” units in firefighting. When used in the workplace, portable fire extinguishers can successfully put out small fires. But not all extinguishers are created equal. For various fire types, there are multiple classes. Extinguisher placement and choice must be made correctly. It’s also critical that after installation, the units undergo careful, routine maintenance and inspection and that all staff members receive training on how to use them properly.
United States Portable Fire Extinguishers Market, By Application
• Industrial• Commercial• Households• Public Areas• Others
By Application, the United States Portable Fire Extinguishers Market is classified as Industrial, Commercial, Households, Public Areas, and Others. Out of which, Industrial accounted for the largest market share of 32.92% in 2021, with a market value of USD 694.73 Million and is projected to grow at a CAGR of 9.50% during the forecast period. Commercial was the second-largest market in 2021, valued at USD 551.36 Million in 2021; it is projected to grow at the highest CAGR of 9.98%. Depending on the risks, portable fire extinguishers are installed inside or close to chemical industries. A carbon dioxide (CO2) type extinguisher is positioned in laboratories with computer and electrical equipment. In contrast, dry chemical (BC, ABC) type extinguishers are found in facilities where flammable substances are used (i.e., mass spectrometers, gas chromatographs, and NMR facilities). When necessary, laboratories receive Metal-X extinguishing agent, a graphite substance used to put out Class D (flammable solids) fires.
United States Portable Fire Extinguishers Market, By Extinguisher Agent
• Dry Chemical• Carbon Dioxide• Foam• Dry Powder• Others
To Get a Summarized Market Report By Extinguishing Agent-
By Extinguishing Agent, the United States Portable Fire Extinguishers Market is classified as Dry Chemical, Carbon Dioxide, Foam, Dry Powder, and Others. Out of which, Dry Chemical accounted for the largest market share of 31.85% in 2021, with a market value of USD 672.30 Million, and is projected to grow at the highest CAGR of 10.07% during the forecast period. Carbon Dioxide was the second-largest market in 2021, valued at USD 567.44 Million in 2021; it is projected to grow at a CAGR of 8.53%. Dry chemical extinguishers put out the fire by covering the fuel with a fine layer of dust, which isolates the power from the oxygen in the air. These fire extinguishers successfully put out flames because the powder also helps to stop the chemical reaction that causes fire. There are several places where you can find these extinguishers. They will be put in open halls in new buildings. They can also be discovered in offices, vehicles owned by universities, laboratories, mechanical rooms, break rooms, chemical storage spaces, etc. Class B and C dry chemical extinguishers containing powder may be found in locations like commercial kitchens or areas with flammable liquids. Class fires suitable for dry chemical fire extinguishers include C lass firesThese occur when flammable materials, such as paper, textile fabrics, rubber, wood, and plastic, are present in residential and commercial spaces. The most frequent instances 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.