Fire Fighting Chemicals Market Report 2021, Size, Share, Growth And Forecast 2026

According to the latest report by IMARC Group "Fire Fighting Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", The global fire fighting chemicals market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Fire fighting chemicals refer to chemical compounds used to suppress and extinguish fires. They are manufactured using different industrial solvents, such as carbon dioxide, monoammonium phosphate, halon, etc., and blended with various additives, preservatives, and stabilizers. These chemicals prevent combustion by reducing the fire temperature and coating the fuel and are stored in pressurized containers with active propelling agents. Some examples of fire fighting chemicals are alcohol-resistant AFFF, dry, powder, or aqueous film-forming foam (AFFF), protein foam (PF), etc. These are widely used in fixed and portable fire extinguishers, automatic sprinkler systems, fire dampers, etc.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Trends:

The rising incidences of fire-related mishaps resulting in casualties and property loss are currently driving the fire-fighting chemicals market. Moreover, portable and hand-held fire extinguishers are also being increasingly adopted at construction sites, hospitals, schools, hotels, residential complexes, etc. Additionally, these chemicals are further gaining traction across numerous industries, including oil and gas, mining, chemical, etc., for containing and preventing fire accidents at onshore and offshore facilities, process plants, pipelines, etc. Furthermore, the launch of various eco-friendly product variants is acting as another growth-inducing factor. Besides this, growing safety concerns and the implementation of favorable safety regulations by the government bodies of several countries will also continue to propel the fire-fighting chemicals market over the forecasted period.

Breakup by Type:

Dry Chemicals
Wet Chemicals
Dry Powder
Foam Based

Breakup by Chemicals:

Monoammonium Phosphate
Halon
Carbon Dioxide
Potassium Bicarbonate
Potassium Citrate
Sodium Chloride
Others

Breakup by Application:

Portable Fire Extinguishers
Automatic Fire Sprinklers
Fire Retardant Bulkhead
Fire Dampers
Others

Market 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

Competitive Landscape with Key Player:

Angus Fire
DIC Corporation
Fire Safety Devices Pvt. Ltd.
Foamtech Antifire Company
Johnson Controls International plc
Linde plc
Orchidee Europe
Perimeter Solutions
Safequip Pty Ltd
Solvay S.A.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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