Firefighting foam is a mass of small air-filled bubbles, which is characterized by lower density as compared to water, oil, and gasoline. Firefighting foam mainly consists of three major ingredients, which include water, foam concentrate, and air. When mixed in the correct proportions, these ingredients form a homogeneous foam blanket. Firefighting foam plays a key role as it cools the fire and coats the fuel, preventing its contact with oxygen, resulting in suppression of the combustion. Currently, firefighting foam has replaced conventional fire extinguishing agents such as dry chemicals, water, and carbon dioxide.
MARKET DYNAMICS
The firefighting foam market has witnessed significant growth owing to factors such as increased fire-related expenditure in developed and developing countries such as the US, Canada, Germany, France, India, and China, among others, and a surge in deaths rate and loss of property due to fire accidents in urban and industrial areas. Furthermore, increasing shift toward environmentally-safe products propels the demand for firefighting foam. However, stringent regulations for the production of firefighting foam and the absence of a regulatory body for approval of firefighting foam are the key factors hampering the market growth over the past few years. Moreover, developing of fluorine-free foams is projected to provide a huge market opportunity for the key players operating in the firefighting foam market over the forecast period.
MARKET SCOPE
The "Global Firefighting Foam Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the firefighting foam market with detailed market segmentation by type, end-use industry, and geography. The global firefighting foam market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading firefighting foam market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global firefighting foam market is segmented on the basis of type and end-use industry. On the basis of type, the firefighting foam market is segmented into Aqueous Film Forming Foam (AFFF), Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF), Protein Foam, Synthetic Detergent Foam (High & Mid Expansion Foam), and others. Based on end-use industry, the global firefighting foam is bifurcated into oil & gas, aviation, marine, mining, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global firefighting foam market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The firefighting foam market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the firefighting foam market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the firefighting foam market in these regions.
MARKET PLAYERS
The reports cover key developments in the firefighting foam market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from firefighting foam market are anticipated to lucrative growth opportunities in the future with the rising demand for Firefighting foam in the global market. Below mentioned is the list of few companies engaged in the Firefighting foam market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the firefighting foam market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Angus Fire
- Dafo Fomtec AB
- DIC Corporation
- Dr. Sthamer
- Johnson Controls
- Kerr Fire
- National Foam
- PYROKONTROL Slovakia s.r.o.
- Sffeco Global
- Solberg