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Firefighting Foam Market 2024 | Size, Trends, Share, Growth and Forecast by 2032

12-27-2023 11:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Firefighting Foam Market 2024 | Size, Trends, Share, Growth

IMARC Group's report titled "๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐…๐จ๐š๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž (๐€๐ช๐ฎ๐ž๐จ๐ฎ๐ฌ ๐…๐ข๐ฅ๐ฆ ๐…๐จ๐ซ๐ฆ๐ข๐ง๐  ๐…๐จ๐š๐ฆ (๐€๐…๐…๐…), ๐€๐ฅ๐œ๐จ๐ก๐จ๐ฅ ๐‘๐ž๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐ญ ๐€๐ช๐ฎ๐ž๐จ๐ฎ๐ฌ ๐…๐ข๐ฅ๐ฆ ๐…๐จ๐ซ๐ฆ๐ข๐ง๐  ๐…๐จ๐š๐ฆ (๐€๐‘-๐€๐…๐…๐…), ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐…๐จ๐š๐ฆ, ๐’๐ฒ๐ง๐ญ๐ก๐ž๐ญ๐ข๐œ ๐ƒ๐ž๐ญ๐ž๐ซ๐ ๐ž๐ง๐ญ ๐…๐จ๐š๐ฆ (๐‡๐ข๐ ๐ก ๐š๐ง๐ ๐Œ๐ข๐ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง ๐…๐จ๐š๐ฆ), ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐„๐ง๐ ๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ (๐Ž๐ข๐ฅ ๐š๐ง๐ ๐†๐š๐ฌ, ๐€๐ฏ๐ข๐š๐ญ๐ข๐จ๐ง, ๐Œ๐š๐ซ๐ข๐ง๐ž, ๐Œ๐ข๐ง๐ข๐ง๐ , ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ"ย The global firefighting foam market size reached US$ 940.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,334.5 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/firefighting-foam-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐…๐จ๐š๐ฆ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

๐’๐ญ๐ซ๐ข๐ง๐ ๐ž๐ง๐ญ ๐…๐ข๐ซ๐ž ๐’๐š๐Ÿ๐ž๐ญ๐ฒ ๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ ๐’๐ญ๐š๐ง๐๐š๐ซ๐๐ฌ:

Governing agencies of various countries are implementing stringent fire and safety regulations and standards to reduce the risks of fire incidents in both residential and commercial sectors, which is impelling the growth of the market. Besides this, these regulations often mandate the availability of firefighting equipment, including foams, in industrial facilities, warehouses, and public buildings. Moreover, governing authorities are updating fire safety standards to include more rigorous testing and certification processes for firefighting products and ensure that only high-quality and effective solutions are used.

๐‘๐ข๐ฌ๐ข๐ง๐  ๐๐ฎ๐ฆ๐›๐ž๐ซ ๐จ๐Ÿ ๐…๐ข๐ซ๐ž ๐ˆ๐ง๐œ๐ข๐๐ž๐ง๐ญ๐ฌ:

The rising number of fire incidents in various sectors across the globe is contributing to the growth of the market. Apart from this, climate change plays a crucial role as it leads to more extreme weather conditions, such as prolonged droughts and higher temperatures, which in turn increases the frequency and intensity of wildfires. In addition, densely populated urban areas often face higher fire risks due to increased electrical usage. In line with this, the increasing usage of firefighting foams in the oil and gas sector, as it is more prone to fire hazards, is bolstering the market growth.

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐…๐จ๐š๐ฆ ๐…๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง๐ฌ:

Technological advancements in firefighting foam formulations and application methods are propelling the growth of the market. In addition, innovations are enhancing the effectiveness, safety, and environmental sustainability of firefighting foams. Besides this, the rising development of fluorine-free foams, as they offer an eco-friendly alternative to traditional foams, is impelling the market growth. Furthermore, advancements in application technology, such as more efficient foam dispensing systems and portable foam applicators, are bolstering the market growth. These technologies enable quicker response times and more effective fire suppression, which is crucial in emergency situations.

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐…๐จ๐š๐ฆ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

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

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐œ๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: https://www.imarcgroup.com/firefighting-foam-market

๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐…๐จ๐š๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

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) represented the largest segment as it is highly effective in rapidly extinguishing fires. ย ย ย ย 

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

Oil and Gas
Aviation
Marine
Mining
Others

Oil and gas accounted for the largest market share due to the rising need to protect critical infrastructure from fire hazards. ย ย 

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

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 enjoys the leading position in the firefighting foam market on account of the increasing awareness among individuals about fire safety. ย ย 

๐†๐ฅ๐จ๐›๐š๐ฅ ๐…๐ข๐ซ๐ž๐Ÿ๐ข๐ ๐ก๐ญ๐ข๐ง๐  ๐…๐จ๐š๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The integration of fire suppression systems, including foam-based systems, especially in high-rise buildings, industrial complexes, and commercial spaces, is bolstering the growth of the market. In line with this, the rising focus on a proactive approach to fire safety and risk management is strengthening the market growth.

The growing need for customized firefighting solutions, including foams tailored as per specific types of fires or environments, is offering a positive market outlook. In addition, the increasing development of a variety of foam types to suit different fire classes and scenarios is supporting the market growth.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ง๐ž๐ž๐ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

Email:ย sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

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

Follow us on Twitter: @imarcglobal

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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