Press release
Firefighting Foam Market Growth, Regional Breakdown, and Forecast through 2024-2031 | Angus Fire, Albilad Fighting Systems Ltd, Johnson Controls.
Firefighting Foam Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global Firefighting Foam market from 2024 to 2031, and what is the market value expected to change by 2031?
The Global Firefighting Foam Market reached USD 769.2 million in 2022 and is expected to reach USD 1.1 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031.
The Firefighting Foam market focuses on foam concentrates used to suppress fires by cooling flames and coating fuel surfaces to prevent reignition. Commonly used in oil & gas, chemical, and aviation industries, firefighting foams are effective for liquid and flammable material fires. Market growth is driven by stringent fire safety regulations, industrial expansion, and the development of environmentally friendly foam alternatives.
Key Developments:
On June 17, 2022, Perimeter Solutions, a leading global provider of high-quality firefighting products and lubricant additives, launched SOLBERG VERSAGARD™ 1x3 Multipurpose Fluorine-Free Foam Concentrate. This latest addition to the SOLBERG VERSAGARD line provides a 1x3 fluorine-free solution for firefighting, supporting environmentally safer fire suppression methods.
On April 27, 2022, U.S. Senator Kirsten Gillibrand and Representative Dan Kildee (MI-05) introduced the PFAS Firefighter Protection Act. This forward-thinking legislation targets the regulation of aqueous film-forming foam (AFFF), which contains per- and polyfluoroalkyl substances (PFAS)-toxic chemicals linked to significant health risks, including thyroid disease, cancer, reproductive issues, and immune impairment in children. The bill underscores the need to protect firefighters and communities from PFAS exposure.
List of the Key Players in the Firefighting Foam Market:
Angus Fire, Albilad Fighting Systems Ltd, Johnson Controls, Kerr Fire, Loshareh Chemical Industries, National Foam, Pgisystems, SFFECO Global, Shanghai Waysmos Fire Suppression Co. Ltd and Solberg.
Research Process:
Both primary and secondary data sources have been used in the global Firefighting Foam Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the Firefighting Foam Market:
By Type: Aqueous Film Forming Foam, Alcohol Resistant Aqueous Film Forming Foam, Protein Foam, Synthetic Detergent Foam, Others.
By Expansion: Medium Expansion, High Expansion.
By Material: Surfactants, Fluorosurfactants, Others.
By End-User: Oil & Gas, Aviation, Marine, Mining, Others.
Regional Breakout:
The global Firefighting Foam Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Firefighting Foam Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Firefighting Foam Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of New Zealand Food Testing and Certification manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of New Zealand Food Testing and Certification in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently Asked Questions
What is the expected growth rate of the global market for the forecast period?
What are the key driving factors that are responsible to shape the fate of the Firefighting Foam market during the forecast period?
What will be the overall size of the market during the analysis period?
What are the prominent market trends which influence the development of the Firefighting Foam market across various regions?
Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
What are the challenges and threats that are likely to act as a barrier to the growth of the Firefighting Foam market?
What are the major opportunities that the companies can get to attain success in the world?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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