Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
According to the latest research, the global Fusible Plug market size was valued at USD 98.14 million in 2022 and is expected to expand at a CAGR of 4.01% during the forecast period, reaching USD 124.26 million by 2028.
A fusible plug is a threaded metal of cylinder usually of bronze, brass or gunmetal, with a tapered hole drilled completely through its length. This hole is sealed with a metal of low melting point that flows away if a pre-determined, high temperature is reached. The initial use of the fusible plug was as a safety precaution against low water levels in steam engine boilers, later applications extended its use to other closed vessels, such as tanks for transporting corrosive or liquefied petroleum gasses and so on. The market size in this report only includes fusible plugs sold externally, fusible plugs integrated in gas cylinders, boilers, etc. are not within the scope of this report.
Drivers
Extensive downstream applications drive fusible plugs market.
A fusible plug is equipment that boosts the safety of the steam boiler and acts as a warning device against overheating. As thermally operated pressure relief component, fusible plugs find application in many industries due to their simple construction while reliable operation. In addition to fluid couplings, it is also used in: compressed gas cylinder, air bottle, A/C condenser, receiver drier, fusible loop system, aircraft wheel tires, etc.
Customization and product innovation bring new opportunities.
With the development of industry and the advancement of technology, more and more fusible plugs are customized according to customer requirements, including the development of products for new applications, or the replacement of original products.
Challenges
The fusible plug has a small number of use defects.
Lack of dedicated international standards and uniform testing standards for fusible plugs.
Fusible plugs are niche products with very segmented applications. There lacks generally recognized international standard specially for fusible plugs.
Restraints
Raw material prices fluctuate.
The impact of the new crown epidemic on the industrial chain
Region Overview:
China had the highest growth rate of all regions.
In global comparison, a significant portion of the revenue was generated in North America (31.42% in 2021).
Company Overview:
Elsie Manufacturing
Elsie Manufacturing is a world leader in fusible materials used in fire protection. The principals at Elsie are the same that conceived, developed and patented the original fusible links back in 1947. Elsie fusible links have been applied all over the world in such products as pressure tanks, damper doors, fire doors, parts washers, gas pumps, sprinkler systems, safes and chimneys.
Bajaj Engineering Works
Bajaj Engineering Works, a technology driven company, takes immense pleasure to serve Industrial Products accredited with ISI / IBR. They are one of the leading Manufacturers, Suppliers and Exporters of wide range of products including Water Level Gauges, Steam Traps, Y Type Strainers, Metal Cocks, Industrial Valves and so on. Moreover, they are also privileged to possess ISO 9001:2000 certification, which reflects the credibility of the products.
Elsie Manufacturing is one of the major players operating in the Fusible Plug market, holding a share of 5.64% in 2022.
Elsie Manufacturing, Bajaj Engineering Works, XINXIANG JINTIAN, Betts, Castel S.r.l. are the five key players in the global Fusible Plug market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global market in the past 5 years.
Segmentation Overview:
By type, <=212°F segment accounted for the largest share of market in 2021.
The fusible plug uses the low melting point alloy in the device to melt at a relatively high temperature, open the channel, and discharge the gas from the originally filled fusible alloy hole to release the pressure.
Fusible plugs can be divided into melting points less than or equal to 212°F, 213°F-369°F, and greater than or equal to 370°F according to the melting point of the low-melting alloy in the device.
Application Overview:
By application, the Gas Storage and Transportation segment occupied the biggest share from 2017 to 2022.
Steam Boilers
A fusible plug, also known as a safety plug, or threaded fusible plug. It is one such safety device that is commonly used in steam boilers. It ensures that in case of water levels recede to dangerous levels, operators will be alerted by a strong stream of steam, allowing them to take action.
Gas Storage and Transportation
Fusible plugs are commonly used in compressed gas cylinders for gas transfer and storage, including chlorine, oxygen, CNG (compressed natural gas), LPG (liquefied petroleum gas) and other gases.
Hydraulic Coupler
Fluid coupling (hydraulic coupling) is a safety component capable of protecting the motor and the machine from overtorque. Fluid couplings often require fusible plugs to prevent overheating.
Others
In addition, fusible plugs are also used in air conditioning condensers, receiver dryers, aircraft wheel tires and other fields.
This report elaborates on the market size, market characteristics, and market growth of the Fusible Plug industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Fusible Plug. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Fusible Plug Market Report Include:
Market Size Estimates: Fusible Plug market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Fusible Plug market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Fusible Plug market
Segment Market Analysis: Fusible Plug market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Fusible Plug market situations and prospects in major and top regions and countries
Fusible Plug Market
Fusible Plug Industry Chain: Fusible Plug market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Fusible Plug Industry News, Policies by regions
Fusible Plug Industry Porters Five Forces Analysis
Key players in the global Fusible Plug market are covered in Chapter 2:
Power Master
Zoloto Valves
Suraj Metal Corporation
DALIAN HONGSHENG
Bajaj Engineering Works
Castel S.r.l.
Power Plus International
XINXIANG JINTIAN
Betts
Elsie Manufacturing
RUSHAS ENGINEERING CO. PVT. LTD
Valvco International
Bonut Engineering
In Chapter 6 and Chapter 9, on the basis of types, the Fusible Plug market from 2018 to 2028 is primarily split into:
<=212°F
213°F-369°F
>=370°F
In Chapter 7 and Chapter 10, on the basis of applications, the Fusible Plug market from 2018 to 2028 covers:
Steam Boilers
Gas Storage and Transportation
Hydraulic Coupler
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Fusible Plug market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Fusible Plug industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Fusible Plug market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Fusible Plug industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Fusible Plug market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Fusible Plug market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Fusible Plug market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
A fusible plug is a threaded metal of cylinder usually of bronze, brass or gunmetal, with a tapered hole drilled completely through its length. This hole is sealed with a metal of low melting point that flows away if a pre-determined, high temperature is reached. The initial use of the fusible plug was as a safety precaution against low water levels in steam engine boilers, later applications extended its use to other closed vessels, such as tanks for transporting corrosive or liquefied petroleum gasses and so on. The market size in this report only includes fusible plugs sold externally, fusible plugs integrated in gas cylinders, boilers, etc. are not within the scope of this report.
Drivers
Extensive downstream applications drive fusible plugs market.
A fusible plug is equipment that boosts the safety of the steam boiler and acts as a warning device against overheating. As thermally operated pressure relief component, fusible plugs find application in many industries due to their simple construction while reliable operation. In addition to fluid couplings, it is also used in: compressed gas cylinder, air bottle, A/C condenser, receiver drier, fusible loop system, aircraft wheel tires, etc.
Customization and product innovation bring new opportunities.
With the development of industry and the advancement of technology, more and more fusible plugs are customized according to customer requirements, including the development of products for new applications, or the replacement of original products.
Challenges
The fusible plug has a small number of use defects.
Lack of dedicated international standards and uniform testing standards for fusible plugs.
Fusible plugs are niche products with very segmented applications. There lacks generally recognized international standard specially for fusible plugs.
Restraints
Raw material prices fluctuate.
The impact of the new crown epidemic on the industrial chain
Region Overview:
China had the highest growth rate of all regions.
In global comparison, a significant portion of the revenue was generated in North America (31.42% in 2021).
Company Overview:
Elsie Manufacturing
Elsie Manufacturing is a world leader in fusible materials used in fire protection. The principals at Elsie are the same that conceived, developed and patented the original fusible links back in 1947. Elsie fusible links have been applied all over the world in such products as pressure tanks, damper doors, fire doors, parts washers, gas pumps, sprinkler systems, safes and chimneys.
Bajaj Engineering Works
Bajaj Engineering Works, a technology driven company, takes immense pleasure to serve Industrial Products accredited with ISI / IBR. They are one of the leading Manufacturers, Suppliers and Exporters of wide range of products including Water Level Gauges, Steam Traps, Y Type Strainers, Metal Cocks, Industrial Valves and so on. Moreover, they are also privileged to possess ISO 9001:2000 certification, which reflects the credibility of the products.
Elsie Manufacturing is one of the major players operating in the Fusible Plug market, holding a share of 5.64% in 2022.
Elsie Manufacturing, Bajaj Engineering Works, XINXIANG JINTIAN, Betts, Castel S.r.l. are the five key players in the global Fusible Plug market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global market in the past 5 years.
Segmentation Overview:
By type, <=212°F segment accounted for the largest share of market in 2021.
The fusible plug uses the low melting point alloy in the device to melt at a relatively high temperature, open the channel, and discharge the gas from the originally filled fusible alloy hole to release the pressure.
Fusible plugs can be divided into melting points less than or equal to 212°F, 213°F-369°F, and greater than or equal to 370°F according to the melting point of the low-melting alloy in the device.
Application Overview:
By application, the Gas Storage and Transportation segment occupied the biggest share from 2017 to 2022.
Steam Boilers
A fusible plug, also known as a safety plug, or threaded fusible plug. It is one such safety device that is commonly used in steam boilers. It ensures that in case of water levels recede to dangerous levels, operators will be alerted by a strong stream of steam, allowing them to take action.
Gas Storage and Transportation
Fusible plugs are commonly used in compressed gas cylinders for gas transfer and storage, including chlorine, oxygen, CNG (compressed natural gas), LPG (liquefied petroleum gas) and other gases.
Hydraulic Coupler
Fluid coupling (hydraulic coupling) is a safety component capable of protecting the motor and the machine from overtorque. Fluid couplings often require fusible plugs to prevent overheating.
Others
In addition, fusible plugs are also used in air conditioning condensers, receiver dryers, aircraft wheel tires and other fields.
This report elaborates on the market size, market characteristics, and market growth of the Fusible Plug industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Fusible Plug. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Fusible Plug Market Report Include:
Market Size Estimates: Fusible Plug market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Fusible Plug market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Fusible Plug market
Segment Market Analysis: Fusible Plug market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Fusible Plug market situations and prospects in major and top regions and countries
Fusible Plug Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Fusible Plug Industry Chain: Fusible Plug market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Fusible Plug Industry News, Policies by regions
Fusible Plug Industry Porters Five Forces Analysis
Key players in the global Fusible Plug market are covered in Chapter 2:
Power Master
Zoloto Valves
Suraj Metal Corporation
DALIAN HONGSHENG
Bajaj Engineering Works
Castel S.r.l.
Power Plus International
XINXIANG JINTIAN
Betts
Elsie Manufacturing
RUSHAS ENGINEERING CO. PVT. LTD
Valvco International
Bonut Engineering
In Chapter 6 and Chapter 9, on the basis of types, the Fusible Plug market from 2018 to 2028 is primarily split into:
<=212°F
213°F-369°F
>=370°F
In Chapter 7 and Chapter 10, on the basis of applications, the Fusible Plug market from 2018 to 2028 covers:
Steam Boilers
Gas Storage and Transportation
Hydraulic Coupler
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Fusible Plug market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Fusible Plug industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Fusible Plug market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Fusible Plug industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Fusible Plug market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Fusible Plug market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Fusible Plug market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
