Market Overview:
The global explosion proof waste compactor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for explosion proof waste compactors from various end-use industries, such as oil & gas, chemical, and pharmaceuticals. In addition, the growing awareness about environmental protection is also propelling the demand for explosion proof waste compactors across the globe. Based on type, the global explosion proof waste compactor market can be segmented into gas explosion-proof compactor and liquid explosion-proof compactor. The gas Explosion Proof Waste Compacter segment is expected to account for a larger share of the market in 2018 owing to its wide application in various end-use industries such as oil & gas and chemical industry.
Product Definition:
An explosion proof waste compactor is a device that is specifically designed to compact refuse in an enclosed area in order to minimize the potential for an explosive event. The importance of having an explosion proof waste compactor is twofold. First, it helps to protect workers and the general public from the dangers posed by accidental explosions. Second, it helps to keep workspaces clean and safe by reducing the amount of combustible material present.
Gas Explosion-Proof Compactor:
Gas explosion-proof compactors are used for the safe transportation and storage of combustible waste. They are also known as LPG/LNG gas explosion proof waste compactors. These devices operate on the principle of liquid or gas-based fuels which are stored in an open tank, which is then compressed by a powerful machine before being set off to dispose of the waste material.
Liquid Explosion-Proof Compactor:
Liquid explosion-proof compressor is a device used to reduce the pressure in an enclosed space so that the gas or liquid cannot blow up. It works by decreasing the volume of air available for combustion. The compressed air blast hole makes a small opening through which only liquid can pass and it will be stored in safe container until its destination where it will be delivered back to its original state.
Application Insights:
The demand for the product in Class II hazardous locations is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the rising number of industrial and commercial activities, especially in developing countries such as China, India and Brazil. The demand for these products in non-hazardous locations is projected to grow at a significant rate over the forecast period due to increasing construction activities across end-use industries including oil & gas, chemical, petrochemical and power generation sectors.
The use of these devices helps prevent accidents caused due largely or wholly through human error during transfer operations within plants that involve handling highly explosive materials (HEM). HEM includes butadiene hydrocarbon (BTX), hydrogen sulfide (H2S), natural gas (NG) and others which are considered as potential hazards during plant operations.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for more than 50% of the overall population, and it is also one of the most affected regions by natural calamities/disasters. Thus, increasing number of such incidents are anticipated to boost product demand in this region. In addition, rapid industrialization coupled with growing construction industry in developing countries including China and India will further propel growth over the next eight years.
Europe was valued at USD X million in 2017 owing to high demand from end-users operating within hazardous environments including chemical plants, refineries, petrochemical facilities among others located across various countries such as Russia (95%), France (79%) Italy (75%) Germany (73%).
Growth Factors:
- Increasing demand for waste management services across the globe
- Rising awareness about the benefits of using waste compactors
- Growing number of construction projects and industrial activities worldwide
- Technological advancements in explosion proof waste compactor designs and features
- Stringent government regulations on solid waste management
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion Proof Waste Compactor Market Research Report
By Type
Gas Explosion-Proof Compactor, Liquid Explosion-Proof Compactor
By Application
Class I Hazardous Locations, Class II Hazardous Locations
By Companies
KenBay, Benko Products，Inc., TeeMark, S＆G ENTERPRISES,INC., BACE, Shanghai Jiajing Machinery Co., Ltd.,, Newstripe, Deusing Engineering Co.，Ltd, North Sea Compactors Ltd, C＆M Machinery, SRS, Zinth
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Explosion Proof Waste Compactor Market Report Segments:
The global Explosion Proof Waste Compactor market is segmented on the basis of:
Types
Gas Explosion-Proof Compactor, Liquid Explosion-Proof Compactor
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
Class I Hazardous Locations, Class II Hazardous Locations
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:
- KenBay
- Benko Products，Inc.
- TeeMark
- S＆G ENTERPRISES,INC.
- BACE
- Shanghai Jiajing Machinery Co., Ltd.,
- Newstripe
- Deusing Engineering Co.，Ltd
- North Sea Compactors Ltd
- C＆M Machinery
- SRS
- Zinth
Highlights of The Explosion Proof Waste Compactor 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:
- Gas Explosion-Proof Compactor
- Liquid Explosion-Proof Compactor
- By Application:
- Class I Hazardous Locations
- Class II Hazardous Locations
- 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 Proof Waste Compactor 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
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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?
An Explosion Proof Waste Compactor is a machine that helps to reduce the amount of waste that is created by explosions. This type of machine can help to prevent waste from exploding and causing damage or injury.
Some of the major players in the explosion proof waste compactor market are KenBay, Benko Products，Inc., TeeMark, S＆G ENTERPRISES,INC., BACE, Shanghai Jiajing Machinery Co., Ltd.,, Newstripe, Deusing Engineering Co.，Ltd, North Sea Compactors Ltd, C＆M Machinery, SRS, Zinth.
The explosion proof waste compactor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Explosion Proof Waste Compactor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Explosion Proof Waste Compactor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Explosion Proof Waste Compactor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Explosion Proof Waste Compactor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Explosion Proof Waste Compactor Market Size & Forecast, 2020-2028
4.5.1 Explosion Proof Waste Compactor Market Size and Y-o-Y Growth
4.5.2 Explosion Proof Waste Compactor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gas Explosion-Proof Compactor
5.2.2 Liquid Explosion-Proof Compactor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Class I Hazardous Locations
6.2.2 Class II Hazardous Locations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Explosion Proof Waste Compactor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Explosion Proof Waste Compactor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gas Explosion-Proof Compactor
9.6.2 Liquid Explosion-Proof Compactor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Class I Hazardous Locations
9.10.2 Class II Hazardous Locations
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gas Explosion-Proof Compactor
10.6.2 Liquid Explosion-Proof Compactor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Class I Hazardous Locations
10.10.2 Class II Hazardous Locations
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gas Explosion-Proof Compactor
11.6.2 Liquid Explosion-Proof Compactor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Class I Hazardous Locations
11.10.2 Class II Hazardous Locations
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gas Explosion-Proof Compactor
12.6.2 Liquid Explosion-Proof Compactor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Class I Hazardous Locations
12.10.2 Class II Hazardous Locations
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gas Explosion-Proof Compactor
13.6.2 Liquid Explosion-Proof Compactor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Class I Hazardous Locations
13.10.2 Class II Hazardous Locations
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Explosion Proof Waste Compactor Market: Competitive Dashboard
14.2 Global Explosion Proof Waste Compactor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KenBay
14.3.2 Benko Products，Inc.
14.3.3 TeeMark
14.3.4 S＆G ENTERPRISES,INC.
14.3.5 BACE
14.3.6 Shanghai Jiajing Machinery Co., Ltd.,
14.3.7 Newstripe
14.3.8 Deusing Engineering Co.，Ltd
14.3.9 North Sea Compactors Ltd
14.3.10 C＆M Machinery
14.3.11 SRS
14.3.12 Zinth
