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Share this article Share this article ResearchAndMarkets.com s offering. The global fire extinguisher market reached a value of US$ 4.9 Billion in 2020. A fire extinguisher is a portable safety device, which is widely utilized for extinguishing small fires during emergencies and minimizing the potential destruction before the arrival of firefighters. It comprises a cylinder that has an extinguishing agent, a nozzle, a handle and a pressure gauge. It primarily works by expelling the extinguishing agent at a high pressure, which assists in cooling the burning material, depriving the flame of oxygen and interfering with the flame s chemical reaction. Looking forward, the publisher expects the global fire extinguisher market to exhibit moderate growth during the next five years.

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