Enhanced fire protection market for oil & gas industry global industry analysis, growth, trends & fo

Transparency Market Research

Enhanced Fire Protection Market for Oil & Gas Industry - Global Industry Analysis, Market Size, Share, Growth, Trends & Forecasts 2014 - 2020

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REPORT DESCRIPTION

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Enhanced Fire Protection Market for Oil & Gas Industry�. This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. The oil & gas industry is associated with flammable and explosive materials resulting in high demand for fire protection systems. Fire is a chemical reaction that requires three basic elements to be present for the reaction to take place and continue further. The three basic elements are ignition source, fuel and oxygen. Ignition sources may include any operation, material or equipment that emits a flame or a spark. Fuel sources include combustible material trash, flammable liquids and gases. All these three elements form a triangle which is typically referred as fire triangle. Fire prevention involves isolating these elements from the fire triangle. The oil and gas industry delivers major benefits to the community, providing maximum energy needed for the industrial, commercial and residential sectors. Fire incidents associated with the onshore and offshore oil & gas activities require to be controlled very swiftly before a slight accident turns into a major tragedy.

Browse Full Report with TOC: http://www.transparencymarketresearch.com/enhanced-fire-protection-market.html Some of the major drivers for the fire protection market are the safety standards implemented by various governments and the need to protect people and property from the major incidents. The main restraints for the market seem to be the negligence from the operations or owner side alongwith the additional cost involved in installing the protection equipments. New innovative techniques of fire fighting such as sensors and real time monitoring brings new opportunities for the new and existing players to invest in the market.

The fire protection market can be segmented on the basis of the two major fire protection systems: active fire protection and passive fire protection. Active fire protection system includes spray systems and water sprinkler systems and is generally used in the oil and gas industry for the protection of loading installations, process plants and storage vessels. The major duty of the fire protection system may be to control the fire, extinguish the fire or provide revelation protection. Other than water specialized systems, halogen based

gases and inert gases are used for fire protection in enclosed spaces. For few applications, foam pourers or fixed water monitors are used in place of sprays or sprinklers.

Passive fire protection provides efficient alternative solutions to active systems for defending against vessel or storage unit failure. In passive fire protection, a thin coating of fire insulated material is applied to the steel surface of vessel or storage unit. It is generally used where water or other active protection supplies are inadequate. Fire walls are an additional form of passive fire protection used to avoid the spread to the adjacent facility or equipment.

In the North American region, the US is the major producer of oil and gas followed by Canada and Mexico. Advancement in exploration and production activities along with the exploration and production of unconventional sources such as shale gas attracts new opportunities for the investors to invest in the market. In the European region, the market of fire protection is expected to grow in Norway, United Kingdom and Denmark. In the Asia Pacific region, China is the major producer of oil and gas followed by Indonesia and India. Saudi Arabia, Iran and Nigeria are the major producers of oil and gas in the Middle East & African region and hence the market for fire protection facilities.

Some of the key players of fire protection facilities providers for oil and gas industry are: Tyco Fire & Integrated Solutions Ltd., Kevta Fire Systems, Inc., Unisafe Fire Protection Specialists LLC., and Consilium AB Publ.

Read More Reports on Energy and Mining Markets: http://www.transparencymarketresearch.com/energy-market-reports-3.html This research report analyzes this market depending on its market segments, major geographies, and current market trends.

Geographies analyzed under this research report include 

North America

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Asia Pacific

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Europe

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Rest of the World

This report provides comprehensive analysis of 

Market growth drivers

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Factors limiting market growth

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Current market trends

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Market structure

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Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Enquiry before Buying @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2879 About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

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