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.
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
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:
Types
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.
Applications
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:
- Fike
- Vigilex
- Elfab
- DonadonSDD
- BS&B Safety Systems
- REMBE
- ZOOK
- Kalwall
- Oseco
- POPDISC
Highlights of The Explosion Vent Panels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Material Panel
- Alumnium Material Panel
- Inconel Material Panel
- Nickel Material Panel
- Other
- By Application:
- Vessels
- Ducts
- Industrial Structures
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vigilex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elfab
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DonadonSDD
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BS&B Safety Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. REMBE
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ZOOK
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kalwall
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Oseco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. POPDISC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
