Press release
Firefighting Foam Market Size to Worth US$ 1,167 Million by 2028 | With a 4.5% CAGR
IMARC Group's 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.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/firefighting-foam-market/requestsample
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.
Explore full report with table of contents: https://www.imarcgroup.com/firefighting-foam-market
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact US
IMARC Group
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Address: 134 N 4th St. Brooklyn, NY 11249, USA
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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