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The firefighting foam market share is expected to increase by USD 170.00 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4%.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (aqueous film-forming foam, alcohol resistant aqueous film-forming foam, protein foam, synthetic detergent foam, and other foams) and geography (APAC, Europe, North America, MEA, and South America).
The firefighting foam market report also offers information on several market vendors, including Angus International Safety Group, Buckeye Fire Equipment Co., Dafo Fomtec AB, DIC Corp., Dr. Richard Sthamer GmbH & Co. KG, FireAde Inc., Johnson Controls International Plc, KV Fire Chemicals Pvt. Ltd., Perimeter Solutions LP, and SFFECO Global among others.
Angus International Safety Group - The company offers a wide range of firefighting foam products including FF - Fluorine Free Foam, AFFF - Aqueous Film Forming Foam, AR AFFF - Alcohol Resistant Aqueous Film, FFFP - Film Forming Fluoroprotein, AR FFFP - Alcohol Resistant Film Forming, High Expansion Foam, Training Foam, and Foam Testing Service. Under the unified segment, the company offers a wide range of products including Fuel-Chemical Hoses, High-Pressure Fire Suppression, Fire Hose, Water Abstraction, Foam Concentrates, Agricultural hoses, Fire Trucks, Monitors, High Volume Pumping, Dry Powder, Tank Protection, and Building Protection Solutions.
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Technavio categorizes the global firefighting foam market as a part of the global speciality chemicals market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Firefighting Foam Market Driver
Key Firefighting Foam Market Challenge
This firefighting foam market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Our In-house experts produce extensive information on the value chain and parent market of the market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
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41% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for firefighting foam in APAC. Market growth in this region will be faster than the growth of the market in other regions.
APAC is one of the key regions in the global firefighting foam market. The firefighting foam market in APAC is estimated to grow steadily during the forecast period. The growth of the market in the region will be driven by the growth of industries, such as aviation as well as oil and gas. Air passenger traffic is growing in the region. Hence, airports are expanding, and the need for modern technologies that can assist ground handling operations is increasing. This will facilitate the firefighting foam market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The firefighting foam market share growth by the aqueous film-forming foam segment will be significant during the forecast period. AFFF foams aid in extinguishing hydrocarbon flammable liquid fires the same way as protein foams. However, an aqueous film is formed on the surface of the flammable liquid by the foam solution as it drains from the foam blanket. The foam generated acts as a barrier to stop air or oxygen, and by draining a chemically impregnated fluid from the foam, it delivers a film on the fuel surface that is capable of containing fuel vapour. AFFF foams do not have the density and visual appearance of foams produced from protein concentrates.
This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on the post-COVID-19 impact on each segment.
Firefighting Foam Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
Market growth 2021-2025 |
$ 170.00 million |
Market structure |
Fragmented |
YoY growth (%) |
2.38 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 41% |
Key countries |
US, China, UK, Germany, France, and Japan |
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
Key companies profiled |
Angus International Safety Group, Buckeye Fire Equipment Co., Dafo Fomtec AB, DIC Corp., Dr. Richard Sthamer GmbH & Co. KG, FireAde Inc., Johnson Controls International Plc, KV Fire Chemicals Pvt. Ltd., Perimeter Solutions LP, and SFFECO Global |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market segmentation by End-user
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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