According to a recent market study published by Growth Market Reports (GMR), titled, “Global Firefighting Foam Market by Products, Types, Applications, and Region: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 855.2 Million in 2019 and is expected to grow at a growth rate of 4.3% by the year 2027. The global firefighting foam market is anticipated to grow owing to growing incidences of fire-related accidents leading to casualties and loss of property, increasing shift toward environmentally safe products, and rising in construction and expansion of airports. Firefighting foam finds applications in areas such as oil & gas, aviation, marine, mining, petroleum & petrochemical, ship & shipyard, warehouse, and airport. Companies supply multi-purpose firefighting foam concentrates that are also known as A and B foam concentrates.
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The global firefighting foam market is fragmented based on types, application, and region. Based on types, the firefighting foam market is segmented into Aqueous film forming foam (AFFF), Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF), Protein foam (PF), Synthetic detergent foam (Medium and High expansion), and others. On the basis of applications, the firefighting foam is classified as oil & gas, aviation, marine, mining, warehouse, and others. Based on region, the global firefighting foam market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as US, and Canada. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, Asia Pacific is further segmented into, India, China, South Korea, Australia, South East Asia, Japan, and Rest of Asia Pacific. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe, and the MEA region is further divided into Saudi Arabia, South Africa, UAE, and Rest of Middle East & Africa (MEA).
In year 2020, the firefighting foam market is expected to witness the sluggish growth due to COVID 19 pandemic. However, increased prevalence of the COVID-19 globally has led to the decline in the demand for the firefighting foams. Hence, the demand for firefighting foam is projected to decrease temporarily. The market is also anticipated to witness slight fluctuations in demand and supply for firefighting foam due to closing of international trades.
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As per GMR industry analyst Akshay Udavant, “The Global firefighting foam market is anticipated to witness significant growth during forecast period 2020-2027 driven by The growth of firefighting foam market is attributed to growing number of fire-related incidents leading to casualties and loss of property, rising construction-related activities for the expansion of airports, and increasing shift toward environmentally safe products. Rising research and development activities for improving fluorine-free firefighting foam is expected to create significant opportunities in the market in the coming years.
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Report Metric |
Details |
Market Value in 2019 |
USD 855.2 Million |
Market Growth Rate (from 2020 to 2027) |
4.3% |
Historical Data |
2017 & 2018 |
Base Year |
2019 |
Forecast Period |
2020 – 2027 |
Units Considered |
Value (US$ Million) |
Market Segments |
By Types, By Application |
Regional Scope |
North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA) |
Country Scope |
US., Canada, Brazil, Mexico, Rest of Latin America, India, China, Japan, South Korea, Australia, South East Asia, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Russia, Rest of Europe, Saudi Arabia, South Africa, UAE, and Rest of MEA. |
Key Companies Profiled |
Dr. STHAMER |
Customization Scope |
Report customization available on request |
Pricing and Purchase Options |
Avail tailor-made purchase options to meet your research requirements. |
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