You are currently viewing Latin America Fire Extinguisher Market to Bolster Significantly During 2022-2027, Driven by Proliferation of Portable Extinguishers in Residential Sector

Latin America Fire Extinguisher Market to Bolster Significantly During 2022-2027, Driven by Proliferation of Portable Extinguishers in Residential Sector

El nuevo informe de Informes de Expertos titulado, ‘Mercado de Extintores en América Latina, Informe y Pronóstico 2022-2027′, analiza el mercado en función de producto, agente extintor, fuego, aplicación, y las zonas geográficas importantes. El informe evalúa las tendencias importantes del mercado y las variables que influyen en el éxito de su expansión, y también examina la dinámica del mercado a través de los indicadores de precios y la evolución de la demanda. Además, se analizan las limitaciones del sector y se estudia cómo afectan al mercado mundial, al tiempo que se realizan análisis FODA y de las cinco fuerzas de Porter del mercado.

The new report by Informes de Expertos titled, ‘Latin America Fire Extinguisher Market 2022-2027‘ , analyses the market based on product, fire extinguishing agent, fire, application, and important geographic areas. The important market trends and variables influencing the market’s successful expansion are evaluated in the report, which also looks at the market dynamics through pricing indicators and changing demand. Additionally, it discusses industry limitations and investigates how they affect the worldwide market while doing SWOT and Porter’s Five Forces analyses of the market.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2017-2027)

• CAGR del Periodo de Pronóstico (2022-2027): 4,95%

Según nuestro análisis, el mercado latinoamericano de extintores alcanzó un volumen de USD 385 millones de toneladas en el año 2021. Para prevenir cualquier incidente imprevisto causado por un incendio, los gobiernos de varios países están promulgando estrictas normas de seguridad. Los extintores son ahora más comunes, sobre todo en los hogares, lugares de trabajo, hoteles, restaurantes, escuelas y hospitales. El aumento de los niveles de industrialización y la creación de espacios comerciales, especialmente en las regiones en desarrollo, son otros factores que apoyan la demanda de extintores. Durante el período de pronóstico, se anticipa que el mercado crezca con estos factores.

Además, las compañías de seguros influyen en el mercado, ya que exigen la instalación de extintores en las estructuras que aseguran. Además, las principales empresas del sector están creando extintores ecológicos, a base de gas o polvo, que no emiten gases nocivos. Además, están ampliando su línea de productos para incluir extintores pequeños, ligeros y asequibles. Varias empresas también están invirtiendo en fusiones y adquisiciones (M&A) para aumentar su alcance en el mercado mundial y su base de clientes.

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Industry Definition and Major Segments

A portable fire extinguisher is a safety tool that is frequently used to put out minor flames in emergency situations and reduce possible damage before firefighters arrive. It consists of a cylinder with an extinguishing substance inside, as well as a handle, nozzle, and pressure gauge. It basically functions by releasing the extinguishing ingredient under high pressure, which helps to cool the burning substance, rob the flame of oxygen, and thwart the chemical reaction of the flame.

Depending on the product, the market can be broadly classified into the following categories

• Laptop
• Backpack
• Wheeled

The industry can be classified on the basis of extinguishing agent into:

• Dry chemical (powder)
• Foam
• Carbon Dioxide
• Others

In terms of fire, the market can be classified as follows

• Class A
• Class B
• Class C
• Class D
• Class K

The following sectors have a wide range of applications

• Industrial
• Commercial
• Residential

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Others

Market Trends

The need for fire extinguishers in getting fire under control and to withstand harsh environments and extreme corrosion conditions has an impact on product design strategies and will support R&D investments. As an intangible service and a safety, fire protection is continually evolving, and fire extinguishing methods are being enhanced. Product adoption is rising as more portable and lightweight extinguishers, including fireballs, become available. Depending on the type of fire, different portable extinguishers are used.

The need for portable extinguishers is rising because of the rising number of fatalities from residential and commercial fires. It is anticipated that strict public rules mandating the installation of extinguishers will foster market expansion. The rise of trade regions, particularly in developing nations, along with industrialization rates further increase the need for extinguishers. To put out a fire in the first instance, portable extinguishers are employed.

Key Market Players

The major players in the market are:

• Express Extintores
• IGNIX® Extintor
• EXTINFUMI EXPRESS EIRL
• Amerex Corporation
• EXBRAS
• ExtinBrassil
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.