Firefighting Foam Market, By Foam Type (Aqueous Film Forming Foam (AFFF), Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF), Protein Foam, Fluoroprotein Foam, Synthetic Detergent Foam, Others), By Based on Application (Class A Fires, Class B Fires, Cl
Firefighting Foam Market, By Foam Type (Aqueous Film Forming Foam (AFFF), Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF), Protein Foam, Fluoroprotein Foam, Synthetic Detergent Foam, Others), By Based on Application (Class A Fires, Class B Fires, Class C Fires, Class D Fires, Class K Fires), By End-Use Industry (Aviation, Marine, Oil & Gas, Industrial, Mining, Residential & Commercial, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Firefighting foam is a specialized foam used to suppress and extinguish fires by forming a blanket over the fuel surface, preventing the release of flammable vapors. It is widely used in various industries, including oil and gas, aviation, manufacturing, and chemical. The increasing number of fire incidents and stringent safety regulations are driving the demand for firefighting foam. With growing industrialization and urbanization, the risk of fire accidents has also increased, leading to a greater need for effective fire suppression systems.
Market Dynamics:
The global firefighting foam market is driven by several factors. Firstly, the increasing industrialization and infrastructure development activities across the globe are creating a higher demand for firefighting foam. Industries such as oil and gas, petrochemicals, and power generation require effective fire suppression systems to ensure the safety of their operations. Furthermore, the growing awareness about the importance of fire safety and the need for advanced firefighting solutions is boosting market growth. The rising number of fire accidents in residential and commercial buildings has led to the adoption of firefighting foam as a preventive measure. The global firefighting foam market is expected to witness steady growth driven by factors such as rising instances of industrial fires worldwide, growing construction activities, and stringent fire safety compliance norms. However, health and environmental concerns pertaining to the use of certain types of foams are expected to restrain the market growth.
However, there are certain restraints that may hinder market growth. The high cost associated with the installation and maintenance of firefighting foam systems can be a limiting factor for small and medium-sized enterprises. Nevertheless, the environmental concerns related to the use of certain types of firefighting foam, specifically those containing perfluoroalkyl and polyfluoroalkyl substances (PFAS), have led to the development of eco-friendly alternatives.
Key features of the study:
This report provides in-depth analysis of the global firefighting foam market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global firefighting foam market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Johnson Controls (including ANSUL), Solberg (a division of Amerex Corporation), Dr. Sthamer, National Foam (a part of Kidde-Fenwal, Inc.), Eau&Feu, Dafo Fomtec AB, ICL Performance Products, KV Fire Chemicals, Auxquimia, and Angus Fire
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global firefighting foam market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global firefighting foam market
Firefighting Foam Market Detailed Segmentation:
By Foam Type
Aqueous Film Forming Foam (AFFF)
Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
Protein Foam
Fluoroprotein Foam
Synthetic Detergent Foam
Others
By Application
Class A Fires
Class B Fires
Class C Fires
Class D Fires
Class K Fires
By End-Use Industry
Aviation
Marine
Oil & Gas
Industrial
Mining
Residential & Commercial
Others
By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Key Players:
Johnson Controls (including ANSUL)
Solberg (a division of Amerex Corporation)
Sthamer
National Foam (a part of Kidde-Fenwal, Inc.)
Eau&Feu
Dafo Fomtec AB
ICL Performance Products
KV Fire Chemicals
Auxquimia
Angus Fire
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Foam Type
Market Snippet, By Application
Market Snippet, By End-Use Industry
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growing Safety Standards
Stringent Regulations
Advent of Advanced Dispensing Systems
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Firefighting Foam Market – Impact of Coronavirus (COVID-19) Pandemic