1 Global Condensed Aerosol Fire Extinguishers Market Outlook
The global Condensed Aerosol Fire Extinguishers market is projected to exhibit substantial growth in the coming years, with a CAGR of 8.5% from 2024 to 2033, reaching a total market size of $238.50 million USD in 2024. Condensed Aerosol Fire Extinguishers are particle-based fire extinguishers that use very fine solid particles as well as gaseous substances. When the aerosol is ignited by electricity or heat, a mixture of combustion by-products and gases are produced, which mix together to form a homogeneous fire-extinguishing aerosol, which is then released into the protected area. Hot aerosols propel themselves through a unique solid chemical coolant that decomposes and absorbs a lot of heat, ensuring flameless emissions and even distribution of cold aerosols in the area, even to the most concealed and shielded locations, helping to prevent the fire reignited. So as to achieve the purpose of effective fire extinguishing.
Figure Global Condensed Aerosol Fire Extinguishers Market Size and Growth Rate (2024-2033)
2 Condensed Aerosol Fire Extinguishers Market Growth Drivers and Constraints
The market for condensed aerosol fire extinguishers is driven by several key factors, including a wide range of applications and high demand across various industries. These extinguishers are commonly used in public spaces and areas prone to fire hazards, such as automotive, shipping, manufacturing, and construction sectors. Government regulations and safety guidelines further stimulate the installation of fire extinguishers, enhancing market growth. Additionally, technological advancements and product innovations, including environmentally friendly options, are contributing to the expansion of the market. However, challenges such as the impact of the COVID-19 pandemic on the supply chain and the presence of substitute products may hinder growth. Overall, the market is expected to continue evolving, with increasing awareness of fire safety and the need for effective fire suppression solutions.
3 Condensed Aerosol Fire Extinguishers Market Innovations and M&A Activities
The report highlights several significant events, such as the partnership between YFM Equity Partners-backed Checkmate Fire and Rosse Systems, which aims to broaden the range of fire protection solutions and enhance market access across the UK. Another notable acquisition is that of Firecom by Corbett Technology Solutions, Inc. (CTSI), a move that positions CTSI as the largest privately held fire alarm company in New York City, offering comprehensive services in fire alarm design, engineering, installation, maintenance, and repair. Furthermore, Keltron Corporation’s acquisition of MIJA Industries, Inc.’s product line allows Keltron to incorporate high precision fire and oxygen gauges into their life safety event management systems. These strategic business decisions reflect the industry’s proactive approach to growth and expansion, emphasizing the importance of innovation and market consolidation in the fire protection sector.
4 Global Condensed Aerosol Fire Extinguishers Market Analysis by Type
In 2024, the global consumption of Condensed Aerosol Fire Extinguishers is forecasted to reach 1,015 K Units, with the market share distribution indicating a significant presence of both K Type Aerosol Fire Extinguisher and S Type Aerosol Fire Extinguisher. Specifically, the K Type is projected to consume 762 K units, accounting for 75.12% of the total consumption, while the S Type is expected to consume 253 K units, holding a share of 24.88%. This forecast underscores the dominance of the K Type in the market, yet it also highlights the growing adoption of the S Type, reflecting the diversifying preferences and needs within the fire extinguisher industry.
Table Global Condensed Aerosol Fire Extinguishers Consumption and Share by Type in 2024
Type | Consumption in 2024 (K Units) | Market Share in 2024 (%) |
|---|---|---|
K Type Aerosol Fire Extinguisher | 762 | 75.12% |
S Type Aerosol Fire Extinguisher | 253 | 24.88% |
5 Global Condensed Aerosol Fire Extinguishers Market Analysis by Application
In 2024, the global Condensed Aerosol Fire Extinguishers market is projected to exhibit significant consumption and market share across various applications. The consumption for different applications is as follows:
Automotive Industry is projected to consume 215,000 units (K Units) with a market share of 21.15%.
Shipping Business is anticipated to consume 187,000 units (K Units) with a market share of 18.40%.
Manufacturing is expected to consume 258,000 units (K Units), holding the largest market share of 25.50%.
Construction Industry is forecasted to consume 144,000 units (K Units) with a market share of 14.17%.
The others is projected to consume 212,000 units (K Units) with a market share of 20.92%.
These figures indicate the diverse application areas of Condensed Aerosol Fire Extinguishers and their importance in various industries, with the manufacturing sector leading in terms of consumption and market share. The market shares reflect the distribution of demand for these extinguishers, highlighting the sectors where they are most utilized.
Table Global Condensed Aerosol Fire Extinguishers Consumption and Share by Application in 2024
Application | Consumption in 2024 (K Units) | Market Share in 2024 (%) |
|---|---|---|
Automotive Industry | 215 | 21.15% |
Shipping Business | 187 | 18.40% |
Manufacturing | 258 | 25.37% |
Construction Industry | 144 | 14.17% |
Others | 212 | 20.92% |
6 Global Condensed Aerosol Fire Extinguishers Market Analysis by Region
In 2024, the global Condensed Aerosol Fire Extinguishers market is anticipated to exhibit substantial growth in terms of both value and market share across various regions. The market value is projected to reach USD 238.50 million, reflecting a significant expansion from previous years. This growth is attributed to the increasing demand for advanced fire safety solutions and the adoption of condensed aerosol fire extinguishers in various applications due to their effectiveness and environmental benefits.
The market share distribution in 2024 highlights the dominance of different regions, with Europe leading the pack. Americas is expected to capture the largest market share, accounting for 35.97% of the total value, followed closely by the Europe with a 34.00% share. Asia Pacific is also projected to have a considerable market share, standing at 23.00%, while the Middle East & Africa are anticipated to hold a 7.03% share of the global market.
This regional distribution underscores the global reach and impact of the Condensed Aerosol Fire Extinguishers market, with each region contributing significantly to its overall value and growth trajectory. The market’s expansion is driven by a combination of factors, including technological advancements, stringent safety regulations, and the growing awareness of the benefits of using environmentally friendly fire extinguishing solutions.
Figure Global Condensed Aerosol Fire Extinguishers Market Share by Region in 2024
7 Top 3 Companies of Global Condensed Aerosol Fire Extinguishers Market
7.1 FirePro
Company Introduction and Business Overview:
FirePro provides infrastructure protection and security services providing comprehensive services such as fire alarm and detection, suppression, access control, video surveillance, intrusion alarms, building management systems, consumer safety and security, and industries ranging from mass transit and aviation to energy and power generation.
Products Offered:
FirePro offered FirePro® Model FP20SE. FirePro® condensed aerosol generators are made of the highest quality materials. The independently certificated unit working life is 15 years. FirePro® does not discharge at high pressure; there are no cylinders or mechanical pipework. Tolerances for agent leakage in areas of poor room integrity may be calculated. FirePro® systems should always be designed, installed and maintained by a suitably trained integrator, preferably in accordance with respective standards, local codes of practice, including ISO / EN 15779. The units can be used either alone or in combinations to suit the nature of the risk.
Sales Revenue:
FirePro’s sales revenue for the latest year is estimated to be $41.55 million USD, reflecting a substantial growth and a strong market performance for the company in the aerosol fire suppression systems industry. This revenue figure indicates FirePro’s substantial contribution to the global market and underscores its position as a key player within the sector..
7.2 RSL Fire
Company Introduction and Business Overview:
RSL Fire is a leading manufacturer of aerosol fire suppression systems and aerosol fire extinguishers. They have been providing customers with the best fire protection possible through their innovative aerosol fire suppression systems and aerosol fire extinguishers. They are responsible for the design, development and global distribution of RSL Fire aerosol fire suppression systems and fire extinguishers. They also provide customized solutions and consulting with their distributors and partners in global markets. RSL Fire has certified resellers and installation partners in all major European countries.
Products Offered:
RSL Fire, established in 2004 and headquartered in the Netherlands, is a leading manufacturer of aerosol fire suppression systems and aerosol fire extinguishers. They are dedicated to providing customers with the best possible fire protection through their innovative products. RSL Fire is responsible for the design, development, and global distribution of their aerosol fire suppression systems and fire extinguishers, offering customized solutions and consulting services in collaboration with their distributors and partners across the globe. Their aerosol extinguishers and generators have a fire extinguishing capacity ranging from 0.2 to 79 cubic meters per unit, making their smallest units ideal for enclosed and tight spaces like car engine bays or small control boxes, while larger units are designed to provide fire protection in larger, partially open spaces. The combination of multiple units in a centrally controlled fire protection system offers a myriad of possibilities, and in addition to aerosol generators for enclosed spaces and vehicles, RSL Fire also provides dry powder and hand-held aerosol fire extinguishers suitable for protecting open spaces.
Sales Revenue:
For the latest year, RSL Fire achieved a revenue of $9.31 million USD, marking its financial performance for the year. This figure reflects the company’s contribution to the aerosol fire suppression systems market and highlights its position among the key players in the industry
7.3 DSPA
Company Introduction and Business Overview:
DSPA.nl is a leading manufacturer of highly innovative aerosol generators, which can be used for fire extinguishing and suppression purposes. Their products are used all over the world by governments, firefighters, first responders, and various industries. DSPA.nl strives to provide exceptional value to customers with an intense focus on quality, reliability, service and innovative product development. This provides a foundation for DSPA.nl’s profitable global growth. Using a network of affiliates and strategic partners, their products are being sold and manufactured in countries all over the globe.
Products Offered:
DSPA, a company established in 1990 and headquartered in the Netherlands, specializes in the manufacturing of highly innovative aerosol generators for fire extinguishing and suppression purposes. These products are utilized globally by governments, firefighters, first responders, and various industries. DSPA.nl is committed to delivering exceptional value to customers with a focus on quality, reliability, service, and innovative product development, which forms the basis of their profitable global growth. Their products are sold and manufactured worldwide through a network of affiliates and strategic partners. The DSPA aerosol generator 2-4-1 is an ecologically safe, environmentally friendly, and cost-efficient fire extinguishing system that can be used in normally unoccupied areas and is effective on class A, B, C fires. The generator is non-pressurized and installed within a room or compartment requiring protection. Upon activation, it generates an aerosol cloud that expands volumetrically, flooding the space and extinguishing the fire. The DSPA generators 2-4-1-1 (Built-in) and 2-4-1-4 (Built-up) are particularly recommended for the protection of semi-large compartments such as storage rooms, archives, technical rooms, and server rooms.
Sales Revenue:
DSPA’s sales revenue for the latest year is estimated to be $11.79 million USD, reflecting its strong market performance in the aerosol fire suppression systems industry.