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2020
Firefighting Foam Market

Firefighting Foam Market

by Type (Aqueous Film Forming Foam (AFFF), Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF), Protein Foam, Synthetic Detergent Foam, and Others), and End-Use Industry (Oil & Gas, Aviation, Marine, Mining, and Others):Global Opportunity Analysis and Industry Forecast, 2020-2027
Update Available On-Demand

Report Code: A04742
Pages: 304
Apr 2020 | 7891 Views
Author(s) : YaminiParihar , Eswara Prasad
Tables: 175
Charts: 63
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Firefighting Foam Market Outlook - 2027

The global firefighting foam market size was valued at $856.3 million in 2019 and is anticipated to generate $1,141.5 million by 2027. The market is projected to experience growth at a CAGR of 3.6% from 2020 to 2027.The firefighting foams are mixture of air, water, and concentrates that suppress fire by forming a layer that shield between fuel/source and oxygen. 

Significant increase in fire related accidents especially in the oil & gas industry surges demand for efficient safety measures such as firefighting foam, which drives the market growth. Furthermore, stringent rules & regulations by government that mandate fire safety measures also boost the demand for firefighting foam acting as driving factor for the market growth. However, rise in awareness toward presence of PFOS and PFAS in firefighting foam contaminating drinking water sources have led to introduction of acts and laws that restrict the usage of fluorine-based firefighting foam use, which hampers the market growth. Meanwhile, R&D activities regarding fluorine-free firefighting foam is expected to offer lucrative opportunity for industry growth.

Firefighitng-Foam-Market-2020-2027

The firefighting market is segmented into type, end-use industry, and region. Depending on type, the market is classified into aqueous film forming foam (AFFF), alcohol resistant aqueous film forming foam (AR-AFFF), protein foam, synthetic detergent foam (high and mid-expansion foam), and others. On the basis of end-use industry, it is categorized into oil & gas, aviation, marine, mining, and others. Region wise, the firefighting foam market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

The key players operating in the market include Dr. Sthamer, National Foam, Angus Fire Ltd., Kerr Fire, Sffeco Global, DafoFomtec Ab, Solberg, Auxquima, Perimeter Solutions, Eau&Feu, DIC Corporation, Johnson Controls International Plc, Ansul, Chemguard, Williams Fire, and Sabo Foam.

Firefighting Foam Market, byType

Alcohol resistant aqueous film forming foam (AR-AFFF) dominated the market share and is expected to experience growth at a higher CAGR during the forecast period. The AR-AFFF prevents damage from alcohol fuel. Many oil & gas and marine industries use this foam in large quantities due to involvement of highly flammable liquids or fuels, which contains alcohol. Thus, it drives the market for AR-AFFF for firefighting foam market.

Firefighting Foam Market
By Type

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AQUEOUS FILM FORMING FOAM (AFFF) is projected as the most lucrative segment.

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Firefighting Foam Market, by End-Use Industry

The oil & gas market dominated the market share and is expected to remain dominant during the forecast years.The oil & gas extraction and processing activities involve several flammable gases, chemicals, and materials. The use of foams is largely concentrated in this industry as they are prone to fire outbreaks owing to the nature of industry. Inaddition, the need to comply with several stringent rules & regulations regarding fire safetydrives the growth of the market.

Firefighting Foam Market
By End-use Industry

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Oil & Gas is projected as the most lucrative segment.

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Firefighting Foam Market, by Region

The firefighting foam market was dominated by North America, while Asia-Pacific is expected to grow at a higher CAGR owing to high demand from emerging economies in the region.Asia-Pacific is an emerging region in the firefighting foam market owing to the demand from emerging economies in the region such as China, India, Australia, and South Korea

Firefighting Foam Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is projected as the most lucrative market.

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Key Benefits For Stakeholders

  • The report provides an in-depth analysis and firefighting foam market forecast along with the current and futuremarket trends
  • This report highlights the key drivers, opportunities, and restraints of the firefighting foam market along with the impact analyses during the forecast period
  • Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the firefighting foam industry for strategy building
  • A comprehensive analysis of the factors that drive and restrain the firefighting foam market growth is provided
  • The qualitative data in this report aims on firefighting foam market trends, dynamics, and developments
  • The firefighting foam market size is provided in terms of revenue
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorablefirefighting foam market share

Firefighting Foam Market Report Highlights

Aspects Details
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
By End Use Industry
  • Oil &Gas
  • Aviation
  • Marine
  • Mining
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Rest of Europe  (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
Key Market Players ANGUS FIRE LIMITED, ANSUL, AUXQUIMIA S.A., CHEMGUARD INC., DAFO FOMTEC AB, DIC CORPORATION, FABRIK CHEMISCHER PRÄPARATE VON DR. RICHARD STHAMER GMBH & CO. KG, EAU ET FEU, JOHNSON CONTROLS INTERNATIONAL PLC, KERR FIRE, NATIONAL FOAM INC., PERIMETER SOLUTIONS, SABO FOAM S.R.L., SFFECO GLOBAL FZE, Solberg, WILLIAMS FIRE & HAZARD CONTROL INC.
 

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The global firefighting foam market is anticipated to grow at a considerable rate during the forecast period. This is attributed to the rise in demand for firefighting foam from various end-use industry such as oil & gas, marine, aviation, and others. Moreover, introduction of rules and regulation for fire hazards safety involving stocking of firefighting foams also drives the growth of the firefighting foam market. Demand from Asia-Pacific owing to increase in oil & gas corporations also contributed largely toward the market growth. Firefighting foam release highly toxic PFAS that contaminate the drinking water sources, which have landed major market players in trouble with law suits. This led to several policies and laws that restricted the use of fluorine-based firefighting foams hampering the market growth. Meanwhile, upcoming R&D activities related to fluorine-free firefighting foam offers lucrative opportunities for the industry growth.

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FREQUENTLY ASKED QUESTIONS?

A. The total market size of global Fire Fighting Foam Market is $856.3 million in 2019.

A. Dr. Sthamer, National Foam, Angus Fire Ltd., Kerr Fire, Sffeco Global, Dafo Fomtec Ab, Solberg, Auxquima, Perimeter Solutions, Eau&Feu, DIC Corporation, Johnson Controls International Plc, Ansul, Chemguard, Williams Fire, and Sabo Foam afre the emerging players in the industry.

A. Oil & gas industry is the major are of development in the industry followed by mining and aviation.

A. Oil & gas industry is projected to increase demand for firefighting foam market.

A. Increase in fire-related incidents and increase in demand from end-use industries such as oil & gas, aviation, marine, and mining are the current trends for firefighting foam market

A. The most influencing segment is aqueous film forming foam (AR-AFFF) and Oil & Gas industry.

A. North America holds the maximum market share of the Fire Fighting Foam market.

A. Oil & gas, aviation, marine, mining, and others are expected to drive the adoption of Fire Fighting Foam.

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