Saturday, December 10th, 2022

Blowing Torch Market Size, Growth & Global Forecast Report to 2027

The global Blowing Torch Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027. Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the blowing torch market include Bullfinch Gas Equipment Ltd., Fowkes Bros. (PTY) Ltd., Auscrown Pty Ltd., Iwatani Corp., Lakeland, Bernzomatic, LN Marketing Pty Ltd., Rekrow Industrial Inc., and Magna Industries Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The concept of Do-It-Yourself (DIY) for household use of blowing torches is spreading throughout the western world, particularly in North America and Europe. The DIY concept for minor buildings in the residential segment is growing, creating a new market niche for miniature blowing torches. This is expected to spur demand for blowing torches. Furthermore, blowing torch producers are working on integrating new technological features to meet the changing needs of consumers. Some features include touchscreen control, automatic temperature regulating, and automatic shutdown, which are gaining popularity and boosting the market growth. In addition, the usage of blowing torches in industrial applications is expected to exponentially increase the demand for blowing torches. For instance, growth in the ship breaking market, where blow torches are widely used, is predicted to propel the market forward. Furthermore, global expansion in the construction and industrial industries is expected to drive demand for blow torches.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of blowing torch. The growth and trends of blowing torch industry provide a holistic approach to this study.

Browse Global Blowing Torch Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/blowing-torch-market

Market Segmentation

This section of the blowing torch market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Fuel Type

  • Butane
  • Propane
  • Liquid Petroleum Gas
  • Others

By Price Range

  • Low (Under Us$ 50)
  • Medium (Between Us$ 50 To Us$ 100)
  • High (Above Us$ 100)

By Mode Of Operation:

  • Manual
  • Automatic

By Application

  • Residential
  • Commercial
  • Industrial

By Sales Channel

  • Hypermarket/Supermarket
  • Departmental Stores
  • Convenience Stores
  • Specialty Stores
  • Direct Sales
  • Online Retailing
  • Others

 

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Blowing Torch market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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