Press release
Firefighting Foam Market Analysis 2022 Report, Growth, Trends, Share, Industry Size and Global Forecast to 2029
The Global Firefighting Foam Market is forecast to reach above USD 918 million by 2029 by rising at a compound annual growth rate (CAGR) of 2% throughout the forecast period from 2020 to 2029Firefighting Foam Market Overview
Firefighting foams are crucial for containing and putting out flames caused by combustible substances. They are used to stop flammable substances from starting up again and again. The expansion ratio (also known as foamability), fire performance class, foam stability, and burn-back resistance level are some of the crucial characteristics that define firefighting foam. Oil and gas, aviation, marine, mining, petroleum and petrochemical, ship and shipyard, warehousing, and airport are just a few industries where firefighting foam is used. Multipurpose firefighting foam concentrates, sometimes referred to as A and B foam concentrates, are sold by businesses. Class A foam concentrates are the best option for fire suppression for situations involving combustible and flammable liquids because they mix wetting and foaming ingredients with class B foam components.
The global Firefighting Foam market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In May 2021, NAFFCO signed an agreement Bee Development Authority (BDA), to develop its first US manufacturing site at the Chase Field Industrial and Air Complex.
In April 2021, Johnson Controls launched Chemguard NFF 3×3 UL201 Foam Concentrate. This new, patent-pending, non-fluorinated foam (NFF) technology provides fast, effective fire suppression on most class B hydrocarbon and polar solvent fuel fires.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Firefighting Foam market manufacturers. The revenue created from the sales of Firefighting Foam Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Johnson Controls, Perimeter Solutions, Dr. Sthamer, National Foam, Ang Fire, Kerr Fire, Eau&Feu, And Sffeco Global. Angus Fire Limited, Ansul, A uxquimia S.A., Chemguard Inc., Dafo Fomtec Ab, Dic Corporation, Fabrik chemischer Präparate von Dr. Richard St and Others.
The Firefighting Foam Market has been segmented as below:
Firefighting Foam Market by Type, 2020-2029, (USD Millions)
Aqueous Film Forming Foam (AFFF)
Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
Protein Foam (PF)
Synthetic Detergent Foam (Medium and High Expansion)
Firefighting Foam Market by End-Use, 2020-2029, (USD Millions)
Oil and Gas
Aviation
Marine
Mining
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Firefighting Foam Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Firefighting Foam market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
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Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Firefighting Foam Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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Obtain complete market study on the Firefighting Foam market
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