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Firefighting Foam Market Size, Share, Growth, and Forecast 2024-2032

2024-10-21 00:32:53
Report

Global Firefighting Foam Industry: Key Statistics and Insights in 2024-2032

Firefighting Foam Industry

Summary:

  • The global firefighting foam market size reached USD 940.8 Million in 2023.
  • The market is expected to reach USD 1,334.5 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
  • Asia Pacific leads the market, accounting for the largest firefighting foam market share.
  • Aqueous film forming foam (AFFF) holds the largest share in the firefighting foam industry.
  • Oil and gas represent the leading end use industry segment.
  • The rising incidence of industrial fires is a primary driver of the firefighting foam market.
  • The increasing awareness about fire safety in public spaces and the growing demand from the oil and gas sector are reshaping the firefighting foam market.

Industry Trends and Drivers:

  • Rising incidence of industrial fires:

Industries involved in the production and storage of chemicals, oil, and gas are particularly prone to fire hazards due to the presence of highly flammable materials. Firefighting foam, known for its ability to swiftly suppress large-scale fires by cutting off the oxygen supply to the flames, is becoming a critical solution in these sectors. Moreover, regulations in various countries mandate the use of advanced fire suppression systems, particularly in high-risk environments, such as chemical plants, refineries, and oil rigs. The cost of fire damage, both in terms of human lives and financial loss, is encouraging businesses to invest in efficient foam-based fire suppression systems.

  • Increasing awareness about fire safety in public spaces:

Public buildings, such as shopping malls, airports, schools, and stadiums, which attract large crowds, are under increasing scrutiny for fire safety compliance. This heightened awareness is leading to the imposition of stringent fire safety protocols, requiring the installation of reliable fire suppression systems, where firefighting foam plays a crucial role. Governments and municipal bodies are pushing for better preparedness in public spaces to avoid tragic incidents caused by fire outbreaks. This push for safety not only includes improved fire detection systems but also efficient fire extinguishing tools like foam that can control fires quickly in large, complex spaces. Public safety is becoming a higher priority, which is leading to investment in fire suppression technologies, including firefighting foam.

  • Growing demand from the oil and gas sector:

Oil refineries, offshore platforms, and petrochemical facilities are constantly handling highly flammable substances, making them vulnerable to fire hazards. Firefighting foam is the go-to solution for extinguishing hydrocarbon-based fires, as it can quickly isolate the fire source by forming a foam blanket that cuts off the oxygen supply. The rising energy demands are leading to the development of new facilities and exploration sites. This growth directly drives the need for reliable fire suppression systems, with firefighting foam being a critical component. Additionally, stringent fire safety regulations imposed on the oil and gas industry require advanced foam-based systems to be in place, ensuring compliance while safeguarding both assets and personnel.

Request for a sample copy of this report: https://www.imarcgroup.com/firefighting-foam-market/requestsample

Firefighting Foam Market Report Segmentation:

Breakup By Type:

  • Aqueous Film Forming Foam (AFFF)
  • Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
  • Protein Foam
  • Synthetic Detergent Foam (High and Mid Expansion Foam)
  • Others

Aqueous film forming foam (AFFF) exhibits a clear dominance in the market due to its effectiveness in rapidly suppressing flammable liquid fires, especially in high-risk environments.

Breakup By End Use Industry:

  • Oil and Gas
  • Aviation
  • Marine
  • Mining
  • Others

Oil and gas accounts for the majority of the market share, driven by the high fire hazards in the industry and need for reliable fire suppression solutions.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Asia Pacific dominates the market owing to the growing industrial activities and increasing implementation of stringent safety regulations.

Top Firefighting Foam Market Leaders:

The firefighting foam market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • Angus Fire Limited
  • Dafo Fomtec Ab
  • DIC Corporation
  • Eau&Feu
  • Fabrik chemischer Präparate von Dr.Richard Sthamer GmbH & Co. KG
  • Johnson Controls International Plc
  • Kerr Fire (Kidde plc)
  • KV Fire Chemicals Pvt. Ltd.
  • National Foam Inc.   
  • Perimeter Solutions
  • SFFECO Global

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

 

Firefighting Foam Market Size, Share, Growth, and Forecast 2024-2032

1189.6k
2024-10-21 00:32:53

Global Firefighting Foam Industry: Key Statistics and Insights in 2024-2032

Firefighting Foam Industry

Summary:

  • The global firefighting foam market size reached USD 940.8 Million in 2023.
  • The market is expected to reach USD 1,334.5 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.
  • Asia Pacific leads the market, accounting for the largest firefighting foam market share.
  • Aqueous film forming foam (AFFF) holds the largest share in the firefighting foam industry.
  • Oil and gas represent the leading end use industry segment.
  • The rising incidence of industrial fires is a primary driver of the firefighting foam market.
  • The increasing awareness about fire safety in public spaces and the growing demand from the oil and gas sector are reshaping the firefighting foam market.

Industry Trends and Drivers:

  • Rising incidence of industrial fires:

Industries involved in the production and storage of chemicals, oil, and gas are particularly prone to fire hazards due to the presence of highly flammable materials. Firefighting foam, known for its ability to swiftly suppress large-scale fires by cutting off the oxygen supply to the flames, is becoming a critical solution in these sectors. Moreover, regulations in various countries mandate the use of advanced fire suppression systems, particularly in high-risk environments, such as chemical plants, refineries, and oil rigs. The cost of fire damage, both in terms of human lives and financial loss, is encouraging businesses to invest in efficient foam-based fire suppression systems.

  • Increasing awareness about fire safety in public spaces:

Public buildings, such as shopping malls, airports, schools, and stadiums, which attract large crowds, are under increasing scrutiny for fire safety compliance. This heightened awareness is leading to the imposition of stringent fire safety protocols, requiring the installation of reliable fire suppression systems, where firefighting foam plays a crucial role. Governments and municipal bodies are pushing for better preparedness in public spaces to avoid tragic incidents caused by fire outbreaks. This push for safety not only includes improved fire detection systems but also efficient fire extinguishing tools like foam that can control fires quickly in large, complex spaces. Public safety is becoming a higher priority, which is leading to investment in fire suppression technologies, including firefighting foam.

  • Growing demand from the oil and gas sector:

Oil refineries, offshore platforms, and petrochemical facilities are constantly handling highly flammable substances, making them vulnerable to fire hazards. Firefighting foam is the go-to solution for extinguishing hydrocarbon-based fires, as it can quickly isolate the fire source by forming a foam blanket that cuts off the oxygen supply. The rising energy demands are leading to the development of new facilities and exploration sites. This growth directly drives the need for reliable fire suppression systems, with firefighting foam being a critical component. Additionally, stringent fire safety regulations imposed on the oil and gas industry require advanced foam-based systems to be in place, ensuring compliance while safeguarding both assets and personnel.

Request for a sample copy of this report: https://www.imarcgroup.com/firefighting-foam-market/requestsample

Firefighting Foam Market Report Segmentation:

Breakup By Type:

  • Aqueous Film Forming Foam (AFFF)
  • Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
  • Protein Foam
  • Synthetic Detergent Foam (High and Mid Expansion Foam)
  • Others

Aqueous film forming foam (AFFF) exhibits a clear dominance in the market due to its effectiveness in rapidly suppressing flammable liquid fires, especially in high-risk environments.

Breakup By End Use Industry:

  • Oil and Gas
  • Aviation
  • Marine
  • Mining
  • Others

Oil and gas accounts for the majority of the market share, driven by the high fire hazards in the industry and need for reliable fire suppression solutions.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Asia Pacific dominates the market owing to the growing industrial activities and increasing implementation of stringent safety regulations.

Top Firefighting Foam Market Leaders:

The firefighting foam market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

  • Angus Fire Limited
  • Dafo Fomtec Ab
  • DIC Corporation
  • Eau&Feu
  • Fabrik chemischer Präparate von Dr.Richard Sthamer GmbH & Co. KG
  • Johnson Controls International Plc
  • Kerr Fire (Kidde plc)
  • KV Fire Chemicals Pvt. Ltd.
  • National Foam Inc.   
  • Perimeter Solutions
  • SFFECO Global

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

 

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