Throughout the forecast period (2022 to 2032), the global blowing torch market is expected to grow from US$ 318.5 million in 2022 to US$ 510.1 million by 2032, with overall sales accelerating at a 4.8% CAGR. A key factor driving demand for blowing torches in the market is the rising applications across residential, commercial, and industrial sectors, along with the growing trend of do-it-yourself (DIY).
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.
Blowing torches, a tool with an ignitor for creating a controlled flame by using a highly flammable gaseous or liquid fuel. These devices are daily being applied in a large variety of sectors for carrying out different operations such as melting, soldering, fixing and repairing, etc.
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Widespread adoption of blow-torches in the residential, industrial, and commercial sectors across the worldwide, growing DIY tendency, and innovation in terms of product designs and features are some of the main market driving factors.
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.
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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.
“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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Global Blowing Torch Market by Category
By Product Type:
- Butane
- Propane
- Liquid Petroleum Gas
- Others
By Mode of Operation:
- Manual
- Automatic
By Application:
- Residential
- Commercial
- Industrial
By Sales Channel:
- Hypermarkets/Supermarkets
- Wholesalers/Distributors
- Specialty Stores
- Direct Sales
- Online Retailers
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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