Asia Pacific Explosion Proof Equipment Market Size & Outlook
Asia Pacific explosion proof equipment market, 2018-2030 (US$M)
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Asia Pacific explosion proof equipment market highlights
- The Asia Pacific explosion proof equipment market generated a revenue of USD 2,080.0 million in 2024.
- The market is expected to grow at a CAGR of 6.9% from 2025 to 2030.
- In terms of segment, explosion prevention was the largest revenue generating protection method in 2024.
- Explosion Prevention is the most lucrative protection method segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 2,080.0 million |
| Market revenue in 2030 | USD 3,085.0 million |
| Growth rate | 6.9% (CAGR from 2025 to 2030) |
| Largest segment | Explosion prevention |
| Fastest growing segment | Explosion Prevention |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Explosion Prevention, Explosion Containment, Explosion Segregation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.3% of the global explosion proof equipment market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,085.0 million by 2030.
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Explosion Proof Equipment Market Scope
Explosion Proof Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific explosion proof equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to explosion proof equipment market will help companies and investors design strategic landscapes.
Explosion prevention was the largest segment with a revenue share of 57.1% in 2024. Horizon Databook has segmented the Asia Pacific explosion proof equipment market based on explosion prevention, explosion containment, explosion segregation covering the revenue growth of each sub-segment from 2018 to 2030.
Asia-Pacific has emerged as a key region in the global oil and gas sector, with significant production activities contributing to the demand for explosion-proof equipment.
In 2023, China remained the largest oil producer in the region, with a daily output of 4.1 million barrels, while India followed with approximately 620,000 barrels per day.
Additionally, natural gas production has surged in Southeast Asia, with Indonesia producing 64 billion cubic meters (bcm) and Malaysia contributing 60 bcm in 2023.
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Target buyers of Asia Pacific explosion proof equipment market databook
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Our clientele includes a mix of explosion proof equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific explosion proof equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific explosion proof equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Explosion Proof Equipment Market Outlook Share, 2024 & 2030 (US$M)
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