According to Expert Market Report’s latest report, Fire Extinguisher Market Report and Forecast 2021-2026’, the global fire extinguisher market attained a value of USD 4.27 billion in 2020. Aided by the development of advanced and innovative fire extinguishers, the market is projected to further grow at a CAGR of 5.4% between 2021 and 2026 to reach a value of USD 5.93 billion by 2026.
A fire extinguisher is an equipment that is utilised to manage and extinguish fires as an emergency response. It contains an extinguishing agent, which can effectively extinguish small fires when discharged.
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