EU Fire Extinguishers Market to Exceed $1.4 Billion by 2015: Report
The fire protection sector is poised for an upsurge. That's the prognosis of Global Industry Analysts Inc., a San Jose, Calif.-based market research publishing firm, which says that because the sector is supported by segments such as material science, nanotechnology, maintenance, and service, the general fire protection market should expect growth at a moderate rate while those in the industrial fire defense segment -- including manufacturers of fire extinguishers -- should expect something closer to growing pains from the comparably brisk escalation on the near horizon.
In its latest market study, "Fire Extinguishers: A European Market Report," GIA notes that the United Kingdom dominates the European fire extinguishers market, which, if analysts are right, will exceed $1.4 billion by 2015. The report provides a review of market trends, competitive scenarios, product introductions and innovations, and recent activity. The study analyzes market data and analytics in terms of value sales for France, Germany, Italy, UK, Russia and the rest of Europe, and profiles key industry players including Desautel, Jewel Saffire Products Ltd, Minimax GmbH & Co. KG, Nationwide Fire Extinguishers, Siemens Building Technologies Division, Tyco Fire & Integrated Solutions, UTC Fire & Security, and Chubb Fire and Security.
The report notes that dry chemical is the most widely used fire-extinguishing agent, followed by carbon dioxide and foam. Dry powder-based fire extinguishers find use in Class A, B, and C fires as well as fires involving electrical equipment. The study points out that water-based extinguishers are very rarely used due to numerous disadvantages such as re-ignition or sparking. Another key extinguishing agent in European nations is carbon dioxide (CO2), followed by foam, which is used for Class A and B fires.
For more details about the report, visit www.strategyr.com/Fire_Extinguishers_Market_Report.asp.