IMARC Group, a leading market research company, has released a report titled “Firefighting Foam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. The global firefighting foam market size reached US$ 901 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,167 Million by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Firefighting foam, also known as fire suppression foam or simply foam, is a specialized substance used in firefighting to extinguish and control fires involving flammable liquids such as petroleum, oil, and chemicals. This foam is designed to smother the fire, preventing the supply of oxygen and suppressing the release of flammable vapors. The primary purpose of firefighting foam is to create a thick blanket or layer on top of the burning surface, cutting off the access to oxygen of the fire. This action starves the flames and effectively extinguishes the fire. Additionally, firefighting foam can provide a cooling effect to reduce the temperature of the fuel source, further aiding in fire control.
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Firefighting Foam Market Trends and Drivers:
The expansion of various industries, such as petrochemical, manufacturing, and logistics, has led to an increased risk of fires involving flammable substances. As a result, there is a growing need for firefighting foam to protect these industrial facilities. Additionally, increasing awareness of the importance of fire safety, both in commercial and residential settings, has led to higher adoption of firefighting foam systems. Businesses and homeowners are investing in proactive fire protection measures. Other than this, rapid infrastructure development, particularly in emerging economies, has boosted the demand for firefighting foam in various construction and transportation projects. Besides this, the trend toward urbanization and the construction of high-rise buildings has increased the need for advanced fire protection systems, including firefighting foam, to safeguard lives and property. In line with this, ongoing advancements in firefighting foam technology have improved its performance and effectiveness, making it more attractive as a fire suppression solution.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Type:
- Aqueous Film Forming Foam (AFFF)
- Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
- Protein Foam
- Synthetic Detergent Foam (High and Mid Expansion Foam)
- Others
Breakup by End Use Industry:
- Oil and Gas
- Aviation
- Marine
- Mining
- Others
Market Breakup by Region:
- 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
Competitive Landscape with Key Player:
- Angus Fire Limited
- Dafo Fomtec Ab
- DIC Corporation
- Eau&Feu
- Fabrik chemischer Praparate von Dr.Richard Sthamer GmbH & Co. KG
- Johnson Controls International Plc
- Kerr Fire (Kidde plc)
- KV Fire Chemicals Pvt. Ltd.
- National Foam Inc.
- Perimeter Solutions
- SFFECO Global.
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