Fire Fighting Foam Trends and Forecast
The future of the global fire fighting foam market looks promising with opportunities in the oil & gas, automotive, chemical, aviation, marine, and mining markets. The global fire fighting foam market is expected to reach an estimated $883.0 million by 2030 with a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are growing number of fire-related incidents and growing apprehensions about safety, environmentally friendly product adoption and material-related technological developments, as well as, global urbanization and industrialization trends, the booming oil and gas business, and increased use in the aviation industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fire Fighting Foam by Segment
The study includes a forecast for the global fire fighting foam by foam type, fire type, end use, and region.
Fire Fighting Foam Market by Foam Type [Shipment Analysis by Value from 2018 to 2030]:
• Aqueous Film Forming Foam
• Alcohol Resistant Aqueous Film Forming Foam
• Protein Foam
• Synthetic Detergent Foam
Fire Fighting Foam Market by Fire Type [Shipment Analysis by Value from 2018 to 2030]:
• Class A
• Class B
• Class C
Fire Fighting Foam Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Oil & Gas
• Automotive
• Chemical
• Aviation
• Marine
• Mining
• Others
Fire Fighting Foam Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fire Fighting Foam Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fire fighting foam companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fire fighting foam companies profiled in this report include-
• ANGUS FIRE
• National Foam
• Perimeter Solution
• DIC
• Johnson Controls
• Dafo Fomtec
• Kerr Fire
• BIO EX
• SFFECO GLOBAL
• Fabrik Chemischer Praparate von Dr. Richard Sthamber
Fire Fighting Foam Market Insights
Lucintel forecasts that class A will remain the largest segment over the forecast period because the fires are caused by common flammable materials such as cloth, wood, paper, and plastics, and these unintentional fires are widespread in a variety of businesses.
Within this market, oil & gas will remain the largest segment due to highly flammable gases and liquids can ignite strong fires that endanger human life, cause significant property damage, and pollute the environment.
APAC will remain the largest region over the forecast period due to a significant portion of the worldÄX%$%Xs chemical output is produced in the region, and inadequate industrial safety protocols frequently result in fire incidents.
Features of the Global Fire Fighting Foam Market
Market Size Estimates: Fire fighting foam market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fire fighting foam market size by foam type, fire type, end use, and region in terms of value ($M).
Regional Analysis: Fire fighting foam market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different foam type, fire type, end use, and regions for the fire fighting foam market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fire fighting foam market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fire fighting foam market size?
Answer: The global fire fighting foam market is expected to reach an estimated $883.0 million by 2030.
Q2. What is the growth forecast for fire fighting foam market?
Answer: The global fire fighting foam market is expected to grow with a CAGR of 3.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fire fighting foam market?
Answer: The major drivers for this market are growing number of fire-related incidents and growing apprehensions about safety, environmentally friendly product adoption and material-related technological developments, as well as, global urbanization and industrialization trends, the booming oil and gas business, and increased use in the aviation industry.
Q4. What are the major segments for fire fighting foam market?
Answer: The future of the global fire fighting foam market looks promising with opportunities in the oil & gas, automotive, chemical, aviation, marine, and mining markets.
Q5. Who are the key fire fighting foam market companies?
Answer: Some of the key fire fighting foam companies are as follows:
• ANGUS FIRE
• National Foam
• Perimeter Solution
• DIC
• Johnson Controls
• Dafo Fomtec
• Kerr Fire
• BIO EX
• SFFECO GLOBAL
• Fabrik Chemischer Praparate von Dr. Richard Sthamber
Q6. Which fire fighting foam market segment will be the largest in future?
Answer: Lucintel forecasts that class A will remain the largest segment over the forecast period because the fires are caused by common flammable materials such as cloth, wood, paper, and plastics, and these unintentional fires are widespread in a variety of businesses.
Q7. In fire fighting foam market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to a significant portion of the worldÄX%$%Xs chemical output is produced in the region, and inadequate industrial safety protocols frequently result in fire incidents.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fire fighting foam market by foam type (aqueous film forming foam, alcohol resistant aqueous film forming foam, protein foam, and synthetic detergent foam), fire type (class A, class B, and class C), end use (oil & gas, automotive, chemical, aviation, marine, mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fire Fighting Foam Market, Fire Fighting Foam Market Size, Fire Fighting Foam Market Growth, Fire Fighting Foam Market Analysis, Fire Fighting Foam Market Report, Fire Fighting Foam Market Share, Fire Fighting Foam Market Trends, Fire Fighting Foam Market Forecast, Fire Fighting Foam Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.