Firefighting Foam Market Size and Growth Analysis: Rapid Expansion Anticipated- Angus Fire,Albilad Fighting Systems Ltd, Johnson Controls.

The latest report published by DataM Intelligence highlights the growth prospects of Firefighting Foam market. The industry expansion is majorly driven by developments in technology across the globe.

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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 includes fire suppression agents used to control flammable liquid fires, especially in industrial and aviation settings. These foams form a blanket that cools and suppresses vapors, effectively smothering flames. Market growth is driven by stringent safety regulations and industrialization. Environmental concerns regarding PFAS-containing foams are prompting innovation in eco-friendly alternatives. Governments and industries are investing in advanced firefighting technologies.

Competitive Evaluation:

Companies covered in this report are 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.

The Firefighting Foam Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.

Key Development

☛ In June 2022, Perimeter Solutions, a leading global producer of premium firefighting supplies and lubricant additives, launched the SOLBERG VERSAGARDTM 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.

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Firefighting Foam Market Segments

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.

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 Assessment:

Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Firefighting Foam market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.

⇥ 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)

In terms of geographical analysis, Firefighting Foam Market report provides an in-depth view of:-

∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies

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This report provides a 360-degree synopsis of the competitive scenario of the Firefighting Foam industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.

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

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