Asia Pacific Portable Fire Extinguisher Market Size & Outlook
Asia Pacific portable fire extinguisher market, 2018-2030 (US$M)
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Asia Pacific portable fire extinguisher market highlights
- The Asia Pacific portable fire extinguisher market generated a revenue of USD 3,305.8 million in 2021.
- The market is expected to grow at a CAGR of 9.9% from 2022 to 2030.
- In terms of segment, dry chemical was the largest revenue generating agent in 2021.
- Carbon Dioxide is the most lucrative agent segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 3,305.8 million |
| Market revenue in 2030 | USD 7,701.0 million |
| Growth rate | 9.9% (CAGR from 2021 to 2030) |
| Largest segment | Dry chemical |
| Fastest growing segment | Carbon Dioxide |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dry Chemical, Carbon Dioxide, Water, Foam |
| Key market players worldwide | RTX Corp, Johnson Controls International PLC, Hochiki Corp ADR, Yamato Holdings Co Ltd, Britannia Bulk Holdings Inc, Morita Group, Amerex Corporation, Ceasefire Industries, Activar Construction Products Group, FlameStop, Jockel Brandschutztechnik Service, Minimax, VanEx Fireco |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.3% of the global portable fire extinguisher market in 2021.
- Globally, Asia Pacific 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 7,701.0 million by 2030.
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Portable Fire Extinguisher Market Scope
Portable Fire Extinguisher Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific portable fire extinguisher 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 portable fire extinguisher market will help companies and investors design strategic landscapes.
Dry chemical was the largest segment with a revenue share of 35.27% in 2024. Horizon Databook has segmented the Asia Pacific portable fire extinguisher market based on dry chemical, carbon dioxide, water, foam covering the revenue growth of each sub-segment from 2018 to 2030.
The market is mainly driven by the demand for large infrastructures in developing countries such as India and Singapore. Rapid growth of the commercial and industrial sectors in the region is boosting the demand for portable extinguishers.
Reconstruction activities and fire safety codes implemented by the governments, including Fire Services Law and Building Standards Law in Japan and the Code of Design for Building Fire Protection & Prevention in China, are boosting the product demand in the region.
Its growth is attributed to its wide scope of usage, relatively low price, and high versatility. Effectiveness in extinguishing fires caused by ordinary combustibles, flammable liquids, and electrical equipment also drive the growth of this segment in the Asia Pacific region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific portable fire extinguisher market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific portable fire extinguisher market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific portable fire extinguisher market size, by country, 2018-2030 (US$M)
Asia Pacific Portable Fire Extinguisher Market Outlook Share, 2024 & 2030 (US$M)
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