Market revenue in 2024 | USD 193.1 million |
Market revenue in 2030 | USD 296.9 million |
Growth rate | 7.5% (CAGR from 2025 to 2030) |
Largest segment | Explosion prevention |
Fastest growing segment | Explosion Prevention |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Explosion Prevention, Explosion Containment, Explosion Segregation |
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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 59.3% in 2024. Horizon Databook has segmented the Brazil explosion proof equipment market based on explosion prevention, explosion containment, explosion segregation covering the revenue growth of each sub-segment from 2018 to 2030.
In 2023, Brazil's chemical and pharmaceutical industry achieved a turnover of EUR, despite experiencing a sharp 20% decline in sales due to reduced global demand and lower prices following the previous year’s peak.
Nevertheless, the industry maintains its position as the 10th largest globally by sales. The complex manufacturing and handling of hazardous chemicals in this sector drive the adoption of explosion-proof equipment, such as protective enclosures and intrinsically safe devices, to mitigate risks in production and storage, supporting safety and compliance in critical operations.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil explosion proof equipment market , including forecasts for subscribers. This country databook contains high-level insights into Brazil explosion proof equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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