Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Explosion Vent Panels Market by Type (Stainless Steel Material Panel, Alumnium Material Panel, Inconel Material Panel, Nickel Material Panel, Other), By Application (Vessels, Ducts, Industrial Structures, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Explosion Vent Panels Market by Type (Stainless Steel Material Panel, Alumnium Material Panel, Inconel Material Panel, Nickel Material Panel, Other), By Application (Vessels, Ducts, Industrial Structures, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158350 3300 Machinery & Equipment 377 250 Pages 5 (49)

Market Overview:

The Global Explosion Vent Panels Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for explosion vent panels in various applications such as vessels, ducts, industrial structures, and others. In addition, the growing awareness about safety among end-users is also propelling the market growth. Based on type, the global explosion vent panels market can be segmented into stainless steel material panel, aluminum material panel, inconel material panel, nickel material panel and other types. Among these types, stainless steel material panels are expected to witness highest demand during the forecast period owing to its properties such as corrosion resistance and durability. Based on application type, vessels are estimated to account for majority share of global explosion vent panels market in 2018 followed by ducts and industrial structures respectively. However; with increasing demand for these products in other applications such as refineries & petrochemical plants; power generation plants; oil & gas pipelines etc.

Global Explosion Vent Panels Industry Outlook

Product Definition:

Explosion vent panels are devices that allow the escape of hot gases and flames from an area where an explosion has occurred. The panels are typically made of metal or other heat-resistant material, and they are mounted in walls or ceilings near potential sources of explosions. The purpose of the panels is to prevent the spread of fire and explosion debris, which can cause injury or death.

Stainless Steel Material Panel:

Stainless steel material panel is a new entrant in the market and has been witnessing high demand from various end-use industries. It is a cost-effective, durable & lightweight metal that offers corrosion resistance along with aesthetic appeal. The growth of the global construction industry over the past few years has been driving stainless steel material panel demand as it requires large number of these panels for building structure components such as facades, cladding and roofing systems.

Alumnium Material Panel:

Aluminum is a widely used metal alloy in the construction industry. It is an economical, lightweight, and strong material that can be recycled and reused efficiently. Aluminum has excellent corrosion resistance properties which increases it's usage in the manufacturing of explosion vent panels. These panels are installed on windows & doors to avoid smoke & fire accidents during renovations or building constructions.

Application Insights:

The vessels application segment led the global explosion vent panels market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in vessel construction activities across the globe, particularly in Asia Pacific and Europe. Vessels are used for transporting liquid or gas cargo from one place to another through water ways on ships, boats, or aircraft carriers depending upon their size ranging from small fishing trawlers up to large oil tankers among other types of vessels.

Vessels require strong structural components since they are subject to harsh environments such as waves.

Regional Analysis:

Asia Pacific was the largest market for explosion vent panels, accounting for a revenue share of over 40.0% in 2017. The region is expected to continue its dominance over the forecast period as well owing to growing industrialization and increasing construction activities in emerging economies such as China and India. In addition, rising awareness regarding fire safety is projected to propel demand for explosion vent panels in this region.

The growth of the marine industry has led to an increase in vessels operating across global waters, thereby creating demand for explosion vent panels that can withstand high temperatures associated with fires on board ships/vessels at sea level without sustaining damage or failure. Moreover, stringent regulations laid down by various regulatory bodies such as American National Standards Institute (ANSI), U S Department Of Labor (DOL) pertaining fire safety standards are projected to fuel product adoption over the coming years.

Growth Factors:

  • Increasing demand for Explosion Vent Panels from the oil and gas industry as a result of increasing drilling and exploration activities across the globe.
  • Growing awareness about the benefits of using Explosion Vent Panels in various industries, which is expected to drive their demand over the forecast period.
  • Rising investments by key players in research and development activities to develop new and innovative Explosion Vent Panels products that meet the latest industry standards.
  • Increasing number of stringent safety regulations across different industries that mandate use of Explosion Vent Panels for protection against explosions and fires accidents.

Scope Of The Report

Report Attributes

Report Details

Report Title

Explosion Vent Panels Market Research Report

By Type

Stainless Steel Material Panel, Alumnium Material Panel, Inconel Material Panel, Nickel Material Panel, Other

By Application

Vessels, Ducts, Industrial Structures, Other

By Companies

Fike, Vigilex, Elfab, DonadonSDD, BS&B Safety Systems, REMBE, ZOOK, Kalwall, Oseco, POPDISC

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Explosion Vent Panels Market Report Segments:

The global Explosion Vent Panels market is segmented on the basis of:


Stainless Steel Material Panel, Alumnium Material Panel, Inconel Material Panel, Nickel Material Panel, Other

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Vessels, Ducts, Industrial Structures, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Fike
  2. Vigilex
  3. Elfab
  4. DonadonSDD
  5. BS&B Safety Systems
  6. REMBE
  7. ZOOK
  8. Kalwall
  9. Oseco

Global Explosion Vent Panels Market Overview

Highlights of The Explosion Vent Panels Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Stainless Steel Material Panel
    2. Alumnium Material Panel
    3. Inconel Material Panel
    4. Nickel Material Panel
    5. Other
  1. By Application:

    1. Vessels
    2. Ducts
    3. Industrial Structures
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Explosion Vent Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global Explosion Vent Panels Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Explosion vent panels are a type of fire protection system that uses vents to release smoke and heat from a fire. The vents open quickly, allowing the smoke and heat to escape quickly so that it does not cause damage or injury.

Some of the major players in the explosion vent panels market are Fike, Vigilex, Elfab, DonadonSDD, BS&B Safety Systems, REMBE, ZOOK, Kalwall, Oseco, POPDISC.

The explosion vent panels market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Explosion Vent Panels Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Explosion Vent Panels Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Explosion Vent Panels Market - Supply Chain
   4.5. Global Explosion Vent Panels Market Forecast
      4.5.1. Explosion Vent Panels Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Explosion Vent Panels Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Explosion Vent Panels Market Absolute $ Opportunity

5. Global Explosion Vent Panels Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Explosion Vent Panels Market Size and Volume Forecast by Type
      5.3.1. Stainless Steel Material Panel
      5.3.2. Alumnium Material Panel
      5.3.3. Inconel Material Panel
      5.3.4. Nickel Material Panel
      5.3.5. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Explosion Vent Panels Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Explosion Vent Panels Market Size and Volume Forecast by Application
      6.3.1. Vessels
      6.3.2. Ducts
      6.3.3. Industrial Structures
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Explosion Vent Panels Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Explosion Vent Panels Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Explosion Vent Panels Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Explosion Vent Panels Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Explosion Vent Panels Demand Share Forecast, 2019-2026

9. North America Explosion Vent Panels Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Explosion Vent Panels Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Explosion Vent Panels Market Size and Volume Forecast by Application
      9.4.1. Vessels
      9.4.2. Ducts
      9.4.3. Industrial Structures
      9.4.4. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Explosion Vent Panels Market Size and Volume Forecast by Type
      9.7.1. Stainless Steel Material Panel
      9.7.2. Alumnium Material Panel
      9.7.3. Inconel Material Panel
      9.7.4. Nickel Material Panel
      9.7.5. Other
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Explosion Vent Panels Demand Share Forecast, 2019-2026

10. Latin America Explosion Vent Panels Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Explosion Vent Panels Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Explosion Vent Panels Market Size and Volume Forecast by Application
      10.4.1. Vessels
      10.4.2. Ducts
      10.4.3. Industrial Structures
      10.4.4. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Explosion Vent Panels Market Size and Volume Forecast by Type
      10.7.1. Stainless Steel Material Panel
      10.7.2. Alumnium Material Panel
      10.7.3. Inconel Material Panel
      10.7.4. Nickel Material Panel
      10.7.5. Other
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Explosion Vent Panels Demand Share Forecast, 2019-2026

11. Europe Explosion Vent Panels Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Explosion Vent Panels Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Explosion Vent Panels Market Size and Volume Forecast by Application
      11.4.1. Vessels
      11.4.2. Ducts
      11.4.3. Industrial Structures
      11.4.4. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Explosion Vent Panels Market Size and Volume Forecast by Type
      11.7.1. Stainless Steel Material Panel
      11.7.2. Alumnium Material Panel
      11.7.3. Inconel Material Pnel
      11.7.4. Nickel Material Panel
      11.7.5. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Explosion Vent Panels Demand Share, 2019-2026

12. Asia Pacific Explosion Vent Panels Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Explosion Vent Panels Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Explosion Vent Panels Market Size and Volume Forecast by Application
      12.4.1. Vessels
      12.4.2. Ducts
      12.4.3. Industrial Structures
      12.4.4. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Explosion Vent Panels Market Size and Volume Forecast by Type
      12.7.1. Stainless Steel Material Panel
      12.7.2. Alumnium Material Panel
      12.7.3. Inconel Material Panel
      12.7.4. Nickel Material Panel
      12.7.5. Other
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Explosion Vent Panels Demand Share, 2019-2026

13. Middle East & Africa Explosion Vent Panels Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Explosion Vent Panels Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Explosion Vent Panels Market Size and Volume Forecast by Application
      13.4.1. Vessels
      13.4.2. Ducts
      13.4.3. Industrial Structures
      13.4.4. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Explosion Vent Panels Market Size and Volume Forecast by Type
      13.7.1. Stainless Steel Material Panel
      13.7.2. Alumnium Material Panel
      13.7.3. Inconel Material Panel
      13.7.4. Nickel Material Panel
      13.7.5. Other
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Explosion Vent Panels Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Explosion Vent Panels Market: Market Share Analysis
   14.2. Explosion Vent Panels Distributors and Customers
   14.3. Explosion Vent Panels Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Fike Overview Financials Developments Strategic Outlook
      14.4.2. Vigilex Overview Financials Developments Strategic Outlook
      14.4.3. Elfab Overview Financials Developments Strategic Outlook
      14.4.4. DonadonSDD Overview Financials Developments Strategic Outlook
      14.4.5. BS&B Safety Systems Overview Financials Developments Strategic Outlook
      14.4.6. REMBE Overview Financials Developments Strategic Outlook
      14.4.7. ZOOK Overview Financials Developments Strategic Outlook
      14.4.8. Kalwall Overview Financials Developments Strategic Outlook
      14.4.9. Oseco Overview Financials Developments Strategic Outlook
      14.4.10. POPDISC Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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