The global explosion proof packaging market is expected to be driven by the growing concerns and governmental regulation for safety in end use industries. The manufacturers in Europe are directed to follow the directive 94/9/EC while installing and commissioning mechanical and electrical systems in the hazardous environment. Similarly in US, the directives by NEC (National Environmental Commission) is followed. In rest of world, the compliance of the installation and commissioning of electrical systems is based on IEC (International Electro technical Commission). The trend towards minimizing the human efforts in each end use industry through automation is driving the demand and can be considered as one of the prominent driving factor for the global market. Growing global industrialization is also one of the driving factor for global explosion proof packaging market. The growing output of the end user industries is linked with the more need for safety provisions in the industries. The higher cost related to the packaging material is a major restraint for the market.
Global Explosion Proof Packaging Market Segmentation
The global explosion proof packaging market is segmented on the basis of product type and end use industry.
On the basis of product type the global explosion proof packaging market is segmented as
- Metallic explosion proof packaging
- Nonmetallic explosion proof packaging
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Among these segments, the metallic explosion proof packaging segment accounts for maximum share in the global market. Nonmetallic explosion proof packaging mainly includes plastic enclosures.
By application, the global explosion proof packaging market is classified as
- Oil & gas
- Power generation
The others segment includes food & beverage industry, waste water treatment industries, etc. The waste water included in others segment is anticipated to be the fastest growing segment in the global market.
The global explosion proof packaging market is mostly fragmented with number of players existing in the market. Some of the key players are Adalet, R. Stahl, Inc., BARTEC GmbH, Eaton, Pentair Equipment Protection.
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