The global chafing fuel market demonstrated significant strength in 2021 and is anticipated to exhibit a high Compound Annual Growth Rate (CAGR) over the forecast period. The escalating utilization of chafing fuel in the commercial catering industry, particularly for keeping food warm in buffets due to its extended heat production capacity, along with its adoption for personal use in activities like outdoor cooking and camping, are pivotal factors propelling the growth of market revenue.
Chafing fuel is employed to heat food, typically positioned beneath a chafing dish. It is commonly packaged in a small canister and burned directly within that canister, with or without a wick. The fuel often includes substances like methanol, ethanol, or diethylene glycol, chosen for their safe indoor combustion and minimal production of soot or odor. Packaged as a gel-based fuel in a metal container, chafing fuel is designed for one-time use. High viscosity gel contains inflammable compounds such as methanol, diethylene glycol, or ethanol, generating heat upon combustion. These chemical compounds have lower ignition temperatures, making them volatile and easily ignitable. For instance, ethanol can be ignited above 12.7°C, while diethylene glycol requires a minimum temperature of 154°C. Consequently, chafing fuel products containing diethylene glycol gels are considered safer, as they demand substantial heating before producing a flame. Additionally, a wick is provided in the container, and the viscosities of the fuel gel may vary based on the type of fuel and refining procedures employed.
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Different businesses in the chemicals and materials industries differ in size, geography, business style, and end-market focus. These businesses are part of a larger ecosystem that includes oil, gas, coal, minerals, and bio-based products as raw materials on one hand and a wide range of application industries on the other. It is traditional to divide the chemical industry into three major categories: petrochemicals, diversified manufacturers, and specialized industries.
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Moreover, the report provides insight into how the Chafing Fuel market will develop between 2023 and 2030. Companies operating in the Chafing Fuel market can benefit from the in-depth dynamics presented in the report, thereby making strategic development decisions that will help them succeed. During the forecast period, the Chafing Fuel market is expected to undergo significant changes that will highly configure its growth.
Furthermore, the report highlights the growth prospects of the Chafing Fuel market and estimates market progress in terms of value (USD million) and volume (thousand units).
Major companies in the market include:
- Sterno Products (U.S.)
- Flamos Fuels (UK)
- Scientific Utility Brands International Inc. (Canada)
- Hollowick Inc. (U.S.)
- Changzhou Bio Hotels Supplies Co., Ltd. (China)
- Dine-Aglow Diablo Food Service Fuels (U.S.)
- Zodiac Stainless Products Co. (UK)
- CiboWares (Canada)
- Bajaj Alchem Pvt. Ltd. (India)
- Kelmin Products Inc. (U.S.)
Type (Revenue, USD Million; 2019-2030)
- Methanol
- Ethanol
- Diethylene Glycol
- Others
Application/ End Use Outlook (Revenue, USD Million; 2019-2030)
- Commercial Use
- Home Use
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Key Questions Answered in This report on the Chafing Fuel Market
The report provides detailed information about the Chafing Fuel market on the basis of comprehensive research on various factors that play a key role in accelerating the growth potential of the market. The information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the Chafing Fuel market, so as to help them formulate successful strategies and take target-driven decisions.
- How are key market players successfully earning revenue from the advantages of the product?
- What will be the Y-o-Y growth of the Chafing Fuel market between 2023 and 2030?
- What are the winning imperatives of market frontrunners in the Chafing Fuel market?
- Which end-user is expected to undertake maximum adoption of the product during the forecast period?
Research Methodology: Chafing Fuel Market
The research methodology adopted by analysts to compile the Chafing Fuel market report is based on detailed primary as well as secondary research. With the help of in-depth insights of industry-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the Chafing Fuel market.
During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. On the basis of data obtained through interviews with genuine resources, analysts have emphasized the changing scenario of the Chafing Fuel market.
For secondary research, analysts scrutinized numerous annual report publications, white papers, import and export data of major countries around the world, industrial production index, industry association publications, and company websites to obtain the necessary understanding of the Chafing Fuel market.
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