According to the latest report by IMARC Group “Firefighting Foam Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global firefighting foam market size reached US$ 856.6 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 1124.6 Million by 2027, exhibiting a growth rate (CAGR) of 4.7% during 2022-2027.
Firefighting foam refers to a mass of small air-filled bubbles with lower density than water, oil, and gasoline. The foam consists of foam concentrates, water, and air, mixed in the form of a homogenous foam blanket. It is available in aqueous film and alcohol-resistant foam, wetting agents, fluoro protein, and film-forming fluoro protein. Nowadays, firefighting foam is widely used as an effective alternative to conventional extinguishing agents, such as dry chemicals, water, and carbon dioxide, in the form of fire extinguishers.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The global firefighting foam market is primarily driven by demand from the oil and gas industry. This can be attributed to the stringent rules and regulations implemented by governments of various countries to mandate fire safety measures. They are used to extinguish a fire by separating the source of fire from the product surface, suppress the vapors, and prevent smothering. Besides this, there has been an introduction of fluorine-free foam concentrates with minimum impact on the water. Furthermore, the growing research and development (R&D) activities to develop eco-friendly alternatives used in the marine and naval sectors are providing a positive outlook to the market.
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)
Breakup by End Use Industry:
- Oil and Gas
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
- 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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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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