Press release
Firefighting Foam Market Expected to Reach $1.1 Billion by 2031 | Angus Fire,Albilad Fighting Systems Ltd, Johnson Controls
Firefighting Foam Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/firefighting-foam-market?an
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.
Firefighting foam is an advanced extinguishing agent designed to rapidly suppress fires by forming a blanket that isolates the fuel from oxygen. It is particularly effective on flammable liquid fires, making it a critical tool in industries like petrochemicals and aviation. The foam cools the fire and prevents re-ignition by interrupting the combustion process. Modern formulations also focus on reducing environmental impact while ensuring high-performance fire control.
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.
Industry Development:
In June 2022, Perimeter Solutions, a leading global producer of premium firefighting supplies and lubricant additives, launched the SOLBERG VERSAGARD™ 1x3 Multipurpose Fluorine-Free Foam Concentrate. This latest addition to their SOLBERG VERSAGARD line delivers advanced fire suppression capabilities without the use of fluorine-based chemicals.
In April 2022, the PFAS Firefighter Protection Act was introduced by U.S. Senator Kirsten Gillibrand and Representative Dan Kildee (MI-05). This pioneering legislation aims to address the risks associated with per- and polyfluoroalkyl substances (PFAS) found in aqueous film forming foams (AFFF), which have been linked to serious health issues such as thyroid disease, cancer, reproductive complications, and impaired immune function in children.
On September 8, 2022, Battelle-the world's largest independent nonprofit applied research and technology organization-concluded a month-long initiative in collaboration with GreenFire to eliminate firefighting foams containing high levels of PFAS. This project represents a significant move toward safer, environmentally friendly firefighting solutions.
Earlier, on March 17, 2020, Johnson Controls raised the bar for fire suppression with the introduction of its ANSUL NFF 3x3 UL201 Foam Concentrate. This innovative, patent-pending non-fluorinated foam technology quickly and efficiently extinguishes most Class B hydrocarbon and polar solvent fuel fires, offering superior burnback resistance and vapor suppression with an extended drain time compared to traditional AR-AFFFs.
Growth Forecast Projected:
The Global Firefighting Foam Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
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.
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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 Analysis for Firefighting Foam Market:
The regional analysis of the Firefighting Foam Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
Speak to Our Senior Analyst and Get Customization in the report as per your requirements: https://datamintelligence.com/customize/firefighting-foam-market
People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Firefighting Foam market?
➠ Who are the leading manufacturers in the global Firefighting Foam industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Firefighting Foam industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Firefighting Foam market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Email: Sai.k@datamintelligence.com
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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.
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