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Firefighting Foam Market Trends

Report ID: GMI7566
Published Date: Dec 2023
Report Format: PDF

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Firefighting Foam Market Trends

A significant trend in the global firefighting foam industry is the increasing focus on formulations that are more ecologically friendly and more effective at combating different kinds of flames. Manufacturers are investing in fluorine-free foams and low-viscosity formulations as end users and regulatory authorities place more importance on ecologically responsible firefighting products. High-performance firefighting foams that can put out complicated industrial fires, especially ones containing flammable liquids and hydrocarbons, are also in greater demand. The market is witnessing a transition towards sophisticated foam technologies, such protein-based and alcohol-resistant foams, which are a calculated reaction to the constantly changing fire safety requirements in various sectors.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for firefighting foam was USD 760.4 Million in 2022 and is estimated to reach USD 1,160.8 million by the end of 2032 due to the rising emphasis on industrial safety and strict regulations controlling fire prevention across numerous industries

Firefighting foam industry size from the aqueous film forming foam (AFFF) segment reached USD 390.6 million in 2022 driven by its efficiency in countering flammable liquid fires, in industries, such as petrochemicals, aviation, and manufacturing.

The oil & gas end-use segment held around 35.5% of the firefighting foam market share in 2022 and is expected to grow at a lucrative pace by 2032 owing to the rising need for crucial components of safety and emergency preparation

Market size for North America firefighting foam was USD 305.4 million in 2022 and is anticipated to expand at a significant pace from 2023-2032 owing to the increase in industrial fires, and the rising emphasis on innovative firefighting technology.