Press release
Firefighting Foam Market 2024 | Size, Trends, Share, Growth and Forecast by 2032
IMARC Group's report titled "๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ ๐จ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฒ ๐๐ฒ๐ฉ๐ (๐๐ช๐ฎ๐๐จ๐ฎ๐ฌ ๐ ๐ข๐ฅ๐ฆ ๐ ๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ ๐จ๐๐ฆ (๐๐ ๐ ๐ ), ๐๐ฅ๐๐จ๐ก๐จ๐ฅ ๐๐๐ฌ๐ข๐ฌ๐ญ๐๐ง๐ญ ๐๐ช๐ฎ๐๐จ๐ฎ๐ฌ ๐ ๐ข๐ฅ๐ฆ ๐ ๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ ๐จ๐๐ฆ (๐๐-๐๐ ๐ ๐ ), ๐๐ซ๐จ๐ญ๐๐ข๐ง ๐ ๐จ๐๐ฆ, ๐๐ฒ๐ง๐ญ๐ก๐๐ญ๐ข๐ ๐๐๐ญ๐๐ซ๐ ๐๐ง๐ญ ๐ ๐จ๐๐ฆ (๐๐ข๐ ๐ก ๐๐ง๐ ๐๐ข๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ ๐จ๐๐ฆ), ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ (๐๐ข๐ฅ ๐๐ง๐ ๐๐๐ฌ, ๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง, ๐๐๐ซ๐ข๐ง๐, ๐๐ข๐ง๐ข๐ง๐ , ๐๐ง๐ ๐๐ญ๐ก๐๐ซ๐ฌ), ๐๐ง๐ ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐-๐๐๐๐"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 2024-2032.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/firefighting-foam-market/requestsample
๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐๐๐๐ญ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ ๐ญ๐ก๐ ๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ ๐จ๐๐ฆ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ญ๐ซ๐ข๐ง๐ ๐๐ง๐ญ ๐ ๐ข๐ซ๐ ๐๐๐๐๐ญ๐ฒ ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ ๐๐ญ๐๐ง๐๐๐ซ๐๐ฌ:
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.
๐๐ข๐ฌ๐ข๐ง๐ ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐ ๐ข๐ซ๐ ๐๐ง๐๐ข๐๐๐ง๐ญ๐ฌ:
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.
๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ ๐จ๐๐ฆ ๐ ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ:
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.
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ ๐จ๐๐ฆ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฅ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐ญ๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ: https://www.imarcgroup.com/firefighting-foam-market
๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ ๐จ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐:
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
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
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
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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
๐๐ฅ๐จ๐๐๐ฅ ๐ ๐ข๐ซ๐๐๐ข๐ ๐ก๐ญ๐ข๐ง๐ ๐ ๐จ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
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.
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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