The global blowing torch market size is expected to reach US$ 318.5 Mn in 2022 and further grow at 4.8% CAGR during the forecast period from 2022 to 2032. Moreover, sales of blowing torches in the global market are projected to surpass a valuation of US$ 510.1 Mn by 2032.
Rising applications of blowing torches across residential, industrial, and commercial sectors worldwide, growing trend of do-it-yourself (DIY), and innovation in product designs and features are some of the key factors driving the global blowing torch market.
Blowing torches are tools used for producing a controlled flame through highly flammable gaseous or liquid fuel. These tools are being increasingly used across various sectors for performing different functions, including melting, soldering, repairing, etc.
Demand in the market is especially high for gas blowing torches due to their ease of ability to utilise less amount of gas, increased durability, and longer shelf life. Gas blowing torches, which employ pressurised gases such as butane, propane, MAPP, oxy-gas, and liquefied petroleum gas, are widely used for various applications in different sectors.
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These torches generate high-temperature flames of up to 1000 degrees Celsius. The diameter of the blowing torch’s burner tube varies depending on their needs. Such factors are attracting a higher number of consumers towards product adoption and boost the overall market.
Because of their utility in cooking, craftwork, fixing food piping, and removing paint, blowing torches are becoming increasingly popular in households. They are used for a variety of tasks such as melting cheese, lighting, caramelising sugar, roasting vegetables, and so forth.
They are also commonly used in restaurants and hotels for a variety of purposes. Because of different applications of gas blowing torches such as soldering, metal softening, pre-heat for welding, castings, and so on, the industrial uses of the blowing torch are rising exponentially.
Key Takeaways from the Blowing Torch Market Study
- In terms of volume, the market is expected to register a CAGR of 4.6% during the forecast period (2022-2032).
- By product type, butane segment holds over 32% share of the global blowing torch market.
- Based on mode of operation, the manual segment accounts for over around 62% share of the global market.
- With over 30.1% market share in 2021, North America is likely to retain its dominance over the global blowing torch market during the forecast period.
- The U.S. blowing torch market is poised to exhibit a steady growth rate during the next ten years.
- With rising usage across food services industry, demand for blowing torches across the U.K. is expected to grow at a significant pace through 2032.
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“Leading manufacturers in the global blowing torch market have increased their R&D efforts to extend their product range and improve technology. Businesses are focusing on new potential markets in order to grow their consumer base and establish a stronger global presence”, says a lead FMI analyst.
Who is Winning?
Leading players operating in the global blowing torch market are Bullfinch Gas Equipment Ltd., Fowkes Bros. (PTY) Ltd., Auscrown Pty Ltd., Iwatani Corp., Lakeland, Bernzomatic, LN Marketing Pty Ltd., Rekrow Industrial Inc., Magna Industries Inc., and Yuhuan Kalilong Metal Products Co., Ltd. among others
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Future Market Insights, in its new offering, provides an unbiased analysis of the blowing torch market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the blowing torch market based on product type (butane, propane, LPG, and others), mode of operation (manual, automatic) application (residential, commercial, and industrial), sales channel (hypermarkets/supermarkets, wholesalers/distributors, specialty stores, direct sales, online retailers, and others), across several regions.
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