Firefighting Foam Market Trends: Key Developments and Future Prospects
The market size of firefighting foams is estimated to grow from USD 756 million in 2021 to USD 913 million by 2026, at a CAGR of 3.8% during the forecast period.
(EMAILWIRE.COM, February 29, 2024 ) The report "Firefighting Foam Market by Type (AFFF, AR-AFFF, PF, Synthetic Detergent Foam), End-Use Industry (Oil & Gas, Aviation, Marine, Mining), Expansion, Material Type (Surfactant, Fluorosurfactant, Perfluorooctanoic Acid (PFOA)) & Region - Global Forecast to 2026" The market size of firefighting foams is estimated to grow from USD 756 million in 2021 to USD 913 million by 2026, at a CAGR of 3.8% during the forecast period.
Browse in-depth TOC on "Firefighting Foam Market”
173 - Market Data Tables
38 - Figures
192 - Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136945116
By type, synthetic detergent foam is expected to grow at a highest CAGR during the forecast period
Growth in marine industry is expected to increase the demand of this segment. As these foams are used in the basement, mine shaft, or a ships hold where volume fire control is required, the market is driven by its use in the marine industry.
By end-use, marine segment is expected to grow at a highest CAGR during the forecast period
Low expansion foams are preferred in the marine industry, as these systems are ideal for large open areas like tankers, freight carriers, and helicopter decks. The presence of a large number of ships in Asia Pacific region has led to the high usage of firefighting foam.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=136945116
By region, Middle East & Africa is expected to grow at a highest CAGR during the forecast period
Saudi Arabia, Iran, the UAE, Iraq, Nigeria, and Rest of the Middle East & Africa are considered as the major markets for firefighting foam in the Middle East & Africa. The region has high potential for oil production, as it has proven reserves of untapped oilfields. This will lead to an increase in consumption of firefighting foams in the oil & gas industry from in the upstream and downstream units in the region.
Firefighting Foam Market Key Players
Johnson Controls (US), Perimeter Solutions (US), Dr. Sthamer (Germany), National Foam (US), Angus Fire (UK), Kerr Fire (UK), Eau&Feu (France), and SFFECO Global (UAE) are some of the key players operating in the firefighting foam market. These players have adopted product launches, and expansion as their growth strategies.
Johnson Controls is one of the major players in firefighting foam market. The company offers firefighting foam under three brands, namely Ansul, Chemgaurd, and William fire and hazard control. In April 2021, Johnson Controls launched Chemguard NFF 3×3 UL201 Foam Concentrate. This new, patent-pending, non-fluorinated foam (NFF) technology provides fast, effective fire suppression on most class B hydrocarbon and polar solvent fuel fires.
Don't miss out on business opportunities in Firefighting Foam Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=136945116
Another major player is Angus Fire (UK). The company is one of the leading and oldest manufacturers of firefighting foam and has established its brand in different regions. It has a wide geographical presence across North America, South America, APAC, Europe, and the Middle East & Africa. The company manufactures various types of foams for differing end-use industries, such as oil & gas, aviation, marine, mining, and others.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Browse in-depth TOC on "Firefighting Foam Market”
173 - Market Data Tables
38 - Figures
192 - Pages
Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=136945116
By type, synthetic detergent foam is expected to grow at a highest CAGR during the forecast period
Growth in marine industry is expected to increase the demand of this segment. As these foams are used in the basement, mine shaft, or a ships hold where volume fire control is required, the market is driven by its use in the marine industry.
By end-use, marine segment is expected to grow at a highest CAGR during the forecast period
Low expansion foams are preferred in the marine industry, as these systems are ideal for large open areas like tankers, freight carriers, and helicopter decks. The presence of a large number of ships in Asia Pacific region has led to the high usage of firefighting foam.
Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=136945116
By region, Middle East & Africa is expected to grow at a highest CAGR during the forecast period
Saudi Arabia, Iran, the UAE, Iraq, Nigeria, and Rest of the Middle East & Africa are considered as the major markets for firefighting foam in the Middle East & Africa. The region has high potential for oil production, as it has proven reserves of untapped oilfields. This will lead to an increase in consumption of firefighting foams in the oil & gas industry from in the upstream and downstream units in the region.
Firefighting Foam Market Key Players
Johnson Controls (US), Perimeter Solutions (US), Dr. Sthamer (Germany), National Foam (US), Angus Fire (UK), Kerr Fire (UK), Eau&Feu (France), and SFFECO Global (UAE) are some of the key players operating in the firefighting foam market. These players have adopted product launches, and expansion as their growth strategies.
Johnson Controls is one of the major players in firefighting foam market. The company offers firefighting foam under three brands, namely Ansul, Chemgaurd, and William fire and hazard control. In April 2021, Johnson Controls launched Chemguard NFF 3×3 UL201 Foam Concentrate. This new, patent-pending, non-fluorinated foam (NFF) technology provides fast, effective fire suppression on most class B hydrocarbon and polar solvent fuel fires.
Don't miss out on business opportunities in Firefighting Foam Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=136945116
Another major player is Angus Fire (UK). The company is one of the leading and oldest manufacturers of firefighting foam and has established its brand in different regions. It has a wide geographical presence across North America, South America, APAC, Europe, and the Middle East & Africa. The company manufactures various types of foams for differing end-use industries, such as oil & gas, aviation, marine, mining, and others.
About MarketsandMarkets™
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Aashish Mehra
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results