iCrowdNewswire Feb 18, 2021 10:00 PM ET
The blow torch is also referred as a fuel burning instrument which projects a controlled stream of highly flammable gas over a spark to produce a controlled flame. These are handheld devices used for stripping paint, cooking food, and for leaking pipes. The blow torches are finding their application in various sectors such as commercial, residential, and industrial.
The rise in demand for blow torches in the industrial applications is considered as key driving factor which expected to boost the global blow torch market growth during this forecast period. For instance, growth in the ship breaking industry across the world where blow torches are used significantly will positively influence the market growth. Furthermore, the increase in advancements in construction and manufacturing industries worldwide is expected to propel the global blow torch market growth over the forecast period. Moreover, the increase in the concept of a Do-It-Yourself for residential usage will drive the market growth.
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The fluctuation in the raw material prices is the major restraint which expected to hamper the global blow torch market growth over the forecast period.
Market Segmentation
The Global Blow Torch Market is segmented into fuel type such as Propane, Butane, and Others, by mode of operation such as Automatic, and Manual. Further, market is segmented into end user such as Industrial, Commercial, and Residential.
Also, the Global Blow Torch Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Some key players are profiled in this report such as GoSystem, Iwatani Corporation, Magna Industries Inc., Bullfinch Gas Equipment Ltd, Fowkes Bros. (PTY) Ltd., Rekrow Industrial Inc., LN Marketing Pty Ltd., Lakeland, Bernzomatic, Auscrown Pty Ltd., etc.
Market Taxonomy
By Fuel Type
- Propane
- Butane
- Others
By Mode of Operation
- Automatic
- Manual
By End User
- Industrial
- Commercial
- Residential
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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