Firefighting foam is used to fight liquid fuel fires and prevent reflash in aviation. It consists of aqueous film-forming foam, which is used to extinguish flammable liquid fires by coating the fuel with a thin, aqueous film that prevents re-ignition.
Market key trends:
Growth in sustainable fires protection alternatives is accelerating the firefighting foam market. Firefighting foam containing PFAS (per- and polyfluoroalkyl substances) poses long-term risks to the environment and human health. However, new fluorine-free firefighting foams provides non-toxic and eco-friendly solutions. For example, Ansul offers new line of fluorine-free firefighting foams called OneShot and Multi-Purpose Ansul Fluorine-Free Foam Concentrates. Such sustainable alternatives prevent water contamination and are equally effective in extinguishing liquid fuel fires. They also help meet stringent regulations imposed on PFAS containing firefighting foams. This trend towards non-toxic and sustainable options is expected to boost demand for fluorine-free firefighting foams over the forecast period.
Segment Analysis
The global firefighting foam market is segmented by type into aqueous film forming foam, alcohol resistant aqueous film forming foam, protein foam, synthetic detergent foam, and others. The aqueous film forming foam segment dominates the market and accounts for approximately 35% of the market share in 2022. This is because aqueous film forming foam forms a blanket that seal off oxygen and helps in extinguishing class B hydrocarbon fuel fires quickly.
Key Takeaways
Global Firefighting Foam Market Size is expected to witness high growth over the forecast period of 2023 to 2030. The global Firefighting Foam market is estimated to be valued at US$ 7.31 Bn in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030.
Regional analysis: North America dominates the firefighting foam market with a share of over 30% of the global market in 2023. Stringent government regulations regarding fire safety in commercial, industrial and oil & gas facilities drives the demand for firefighting foams in the region. Asia Pacific is expected to be the fastest growing market during the forecast period owing to rapid industrialization and infrastructure development in major economies like China and India.
Key players: Key players operating in the firefighting foam market are Tyco Fire Protection Products, Chemguard, Angus International, Amerex Corporation, Oil Technics (Fire Fighting Products), Dr. Sthamer, Profoam, Dafo Fomtec, Akron Brass, Johnson Controls. Angus International leads the market with its wide product portfolio and global presence across major markets. Tyco Fire Protection Products is another major player with wide distribution network and technologically advanced firefighting foam products.
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