Press release

Firefighting Foam Market Predicted to Surpass US$ 1,334.5 Million by 2032 | Growing at a CAGR of 3.8%

Firefighting Foam Market Predicted to Surpass US$ 1,334.5 Million by 2032 | Growing at a CAGR of 3.8%

 

 
IMARC Group's report titled "𝐅𝐢𝐫𝐞𝐟𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐅𝐨𝐚𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 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), 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 (𝐎𝐢𝐥 𝐚𝐧𝐝 𝐆𝐚𝐬, 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧, 𝐌𝐚𝐫𝐢𝐧𝐞, 𝐌𝐢𝐧𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐎𝐭𝐡𝐞𝐫𝐬), 𝐚𝐧𝐝 𝐑𝐞𝐠𝐢𝐨𝐧 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐", The global firefighting foam market size reached US$ 940.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,334.5 Million by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032.

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐫𝐞𝐟𝐞𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/firefighting-foam-market/requestsample

𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐀𝐟𝐟𝐞𝐜𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐢𝐫𝐞𝐟𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐅𝐨𝐚𝐦 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

𝐒𝐭𝐫𝐢𝐧𝐠𝐞𝐧𝐭 𝐅𝐢𝐫𝐞 𝐒𝐚𝐟𝐞𝐭𝐲 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝𝐬:

Governing agencies of various countries are implementing stringent fire and safety regulations and standards to reduce the risks of fire incidents in both residential and commercial sectors, which is impelling the growth of the market. Besides this, these regulations often mandate the availability of firefighting equipment, including foams, in industrial facilities, warehouses, and public buildings. Moreover, governing authorities are updating fire safety standards to include more rigorous testing and certification processes for firefighting products and ensure that only high-quality and effective solutions are used.

𝐑𝐢𝐬𝐢𝐧𝐠 𝐍𝐮𝐦𝐛𝐞𝐫 𝐨𝐟 𝐅𝐢𝐫𝐞 𝐈𝐧𝐜𝐢𝐝𝐞𝐧𝐭𝐬:

The rising number of fire incidents in various sectors across the globe is contributing to the growth of the market. Apart from this, climate change plays a crucial role as it leads to more extreme weather conditions, such as prolonged droughts and higher temperatures, which in turn increases the frequency and intensity of wildfires. In addition, densely populated urban areas often face higher fire risks due to increased electrical usage. In line with this, the increasing usage of firefighting foams in the oil and gas sector, as it is more prone to fire hazards, is bolstering the market growth.

𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐅𝐢𝐫𝐞𝐟𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐅𝐨𝐚𝐦 𝐅𝐨𝐫𝐦𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬:

Technological advancements in firefighting foam formulations and application methods are propelling the growth of the market. In addition, innovations are enhancing the effectiveness, safety, and environmental sustainability of firefighting foams. Besides this, the rising development of fluorine-free foams, as they offer an eco-friendly alternative to traditional foams, is impelling the market growth. Furthermore, advancements in application technology, such as more efficient foam dispensing systems and portable foam applicators, are bolstering the market growth. These technologies enable quicker response times and more effective fire suppression, which is crucial in emergency situations.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐢𝐫𝐞𝐟𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐅𝐨𝐚𝐦 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Angus Fire Limited
Dafo Fomtec Ab
DIC Corporation
Eau&Feu
Fabrik chemischer Präparate 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

𝐅𝐢𝐫𝐞𝐟𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐅𝐨𝐚𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

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

Aqueous film forming foam (AFFF) represented the largest segment as it is highly effective in rapidly extinguishing fires.     

𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

Oil and Gas
Aviation
Marine
Mining
Others

Oil and gas accounted for the largest market share due to the rising need to protect critical infrastructure from fire hazards.   

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:

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

Asia Pacific enjoys the leading position in the firefighting foam market on account of the increasing awareness among individuals about fire safety.   

𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐢𝐫𝐞𝐟𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐅𝐨𝐚𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

The integration of fire suppression systems, including foam-based systems, especially in high-rise buildings, industrial complexes, and commercial spaces, is bolstering the growth of the market. In line with this, the rising focus on a proactive approach to fire safety and risk management is strengthening the market growth.

The growing need for customized firefighting solutions, including foams tailored as per specific types of fires or environments, is offering a positive market outlook. In addition, the increasing development of a variety of foam types to suit different fire classes and scenarios is supporting the market growth.

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.

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐁𝐲 𝐈𝐌𝐀𝐑𝐂 𝐆𝐫𝐨𝐮𝐩

𝐆𝐥𝐚𝐬𝐬 𝐁𝐨𝐧𝐝𝐢𝐧𝐠 𝐀𝐝𝐡𝐞𝐬𝐢𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/glass-bonding-adhesives-market

𝐓𝐡𝐞𝐫𝐦𝐚𝐥 𝐏𝐚𝐩𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/thermal-paper-market

𝐓𝐡𝐞𝐫𝐦𝐚𝐥 𝐒𝐩𝐫𝐚𝐲 𝐂𝐨𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/thermal-spray-coating-market

𝐏𝐫𝐨𝐩𝐲𝐥𝐞𝐧𝐞 𝐎𝐱𝐢𝐝𝐞 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/propylene-oxide-market

𝐑𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐯𝐞 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/reflective-material-market

𝐈𝐧𝐭𝐚𝐤𝐞 𝐅𝐢𝐥𝐭𝐞𝐫 𝐌𝐞𝐝𝐢𝐚 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/intake-filter-media-market

𝐒𝐢𝐥𝐢𝐜𝐨𝐧𝐞 𝐂𝐨𝐚𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/silicone-coating-market

𝐏𝐥𝐚𝐭𝐢𝐧𝐠 𝐎𝐧 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.imarcgroup.com/plating-on-plastics-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

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.

IMARCs 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 companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.


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