The Aqueous Film Forming Foam (AFFF) segment dominated the market in 2020, holding around one-third of the total share.

WILMINGTON, DE, UNITED STATES, December 9, 2024 /EINPresswire.com/ -- According to the report, the global firefighting foam market was valued at $856.3 million in 2019 and is anticipated to reach $1.14 billion by 2027, growing at a CAGR of 3.6% from 2020 to 2027.

Key Market Drivers

- Demand Surge in End-Use Industries: Expanding applications in industries such as oil & gas, aviation, and marine drive growth.
- Fire Safety Regulations: Government-mandated fire safety guidelines contribute to market expansion.
- Challenges: The ban on fluorinated firefighting foams limits growth potential.
- Opportunities: Innovations in firefighting solutions present lucrative opportunities.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/5104

Segment Insights

By Type

- The Aqueous Film Forming Foam (AFFF) segment dominated the market in 2020, holding around one-third of the total share. This segment is also projected to exhibit the fastest CAGR of 3.9% during the forecast period, driven by its dual applicability in Class A and Class B fire scenarios. Other key types include AR-AFFF, protein foam, and synthetic detergent foam.

By End-Use Industry

- The oil & gas sector led in 2020, accounting for nearly one-third of the market. This segment is forecasted to grow at the highest CAGR of 3.9% through 2027 due to the sector’s high fire-risk profile and stringent safety regulations. Other end-use industries analyzed include aviation, marine, and mining.

Regional Highlights

-Asia-Pacific: This region accounted for the largest market share in 2020 (~33%) and is expected to exhibit the highest CAGR of 3.9% during the forecast period, fueled by strong demand in China, India, and South Korea.
- North America: While growing at a more modest CAGR of 3.2%, the region remains a key player in the global market.
- Other Regions: The report also explores trends across Europe, LAMEA, and additional global markets.

Major Market Players

Key players driving the firefighting foam market include:

- Dr. Sthamer
- National Foam
- Angus Fire Ltd.
- Johnson Controls International Plc
- Perimeter Solutions
- Chemguard
- Ansul
- Solberg
- DIC Corporation
- Sabo Foam

Other significant contributors include Kerr Fire, Sffeco Global, DafoFomtec AB, Williams Fire, and Eau & Feu.

These companies focus on product innovation, strategic partnerships, and compliance with emerging safety standards to sustain market leadership.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/firefighting-foam-market/purchase-options

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.