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    Firefighting Foam Market | Covid-19 Impact Analysis

    Firefighting Foam Market | Covid-19 Impact Analysis

    Firefighting Foam Market | Covid-19 Impact Analysis
    Report code - SRAM278 Delivery - 2 Weeks
    Firefighting Foam Market Size, Share, Trend, Forecast, & Competitive Analysis.
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    Impact of COVID-19 on Firefighting Foam Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Firefighting Foam Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Firefighting Foam Market Insights 

    Firefighting Foam Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increasing use of environmentally-friendly products and rise in fire-related accidents leading to fatalities and loss of property are the major factors expected to drive the growth of the global firefighting foam market during the forecast period.

    Firefighting Foam Market - Snapshot

    Growth

    5.2% for the next five years

    Major Type

    Aqueous film forming foam (AFFF)

    Dominant End-Use Industry Type

    Oil & gas end-use industry

    Region with the highest demand

    Asia-Pacific

    Key Players

    Angus Fire Limited, Auxquimia, Buckeye Fire Equipment Company, Bavaria Egypt S.A.E., Dafo Fomtec AB, Fireade Inc., Johnson Controls International PLC., KV Fire Chemicals Pvt. Ltd., and Oil Technics (Fire Fighting Products) Ltd.

     

    Market Share Analysis

    Firefighting-Foam-Market-Dominant-Segments

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    Firefighting Foam Market Share: By Type

    Based on the type, the market is segmented as aqueous film forming foam (AFFF), alcohol resistant aqueous film forming foam (AR-AFFF), protein foam, synthetic detergent foam (High & Mid Expansion Foam), and others. The demand for AFFF was the highest in 2018, owing to its extensive usage by the oil & gas industry, which is due to the huge risk of fires from flammable liquids. AFFF is favored as it owns such fires effectively and bears a longer shelf life.

    Firefighting Foam Market Share: By End-Use Industry Type

    Based on the end-use industry type, the market is segmented as oil & gas, aviation, marine, mining, and others. The oil & gas end-use industry is the largest consumer of firefighting foam. This high consumption is on account of the grave risk of fire accidents and the efficiency of firefighting foam in fighting out such fire outbreaks.

    Firefighting Foam Market Share: By Region

    In terms of regions, Asia-Pacific is the largest and fastest-growing market for firefighting foam and is estimated to maintain its dominance during the forecast period as well. The market is driven by various countries, adopting downstream activities, such as refining and processing because of the increasing demand for oil & gas in the region. Further, the enormous investments by various national oil companies in the region are boosting the growth of the oil & gas industry and hence, these factors are underpinning the demand for firefighting foam in the Asia-Pacific region. North America and Europe are also expected to offer substantial growth opportunities in the coming five years.

    Firefighting-Foam-Market-By-Region

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    Firefighting Foam Market: Key Players

    Some of the major players in the firefighting foam market are-

    • Angus Fire Limited
    • Auxquimia
    • Buckeye Fire Equipment Company
    • Bavaria Egypt S.A.E.
    • Dafo Fomtec AB
    • Fireade Inc.
    • Johnson Controls International PLC.
    • KV Fire Chemicals Pvt. Ltd.
    • Oil Technics (Fire Fighting Products) Ltd.

     

    Market Scope & segmentation

    Firefighting Foam is a type of foam that is used in the suppression of fire. The foam is used in cooling the fire by cutting off the fuel contact with the oxygen in the air.

    Firefighting Foam can be of different types such as aqueous film forming foam, alcohol resistant aqueous film forming foam, protein foam, synthetic detergent foam, and others. Oil & gas, aviation, marine, mining, and others are some of the applications industries where firefighting foam is used.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Firefighting Foam Market Report - Features

    Market Segmentation

    4

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The firefighting foam market is segmented into the following categories. 

    Firefighting Foam Market Size, Share, & Forecast, by Type:

    • Aqueous Film Forming Foam (AFFF) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Protein Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Synthetic Detergent Foam (High & Mid Expansion Foam) (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Firefighting Foam Market Size, Share, & Forecast, by End-Use Industry Type:

    • Oil & Gas (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Marine (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Firefighting Foam Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Firefighting-Foam-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conduct more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the types by end-use industry type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    General Frequently Asked Questions (FAQs)

    What is Firefighting Foam?

    Firefighting Foam is a type of foam that is used in the suppression of fire. The foam is used in cooling the fire by cutting off the fuel contact with the oxygen in the air. Firefighting Foam can be of different types such as aqueous film forming foam, alcohol resistant aqueous film forming foam, protein foam, synthetic detergent foam, and others. Oil & gas, aviation, marine, mining, and others are some of the applications industries where firefighting foam is used.

    What will be the CAGR of the Firefighting Foam Market?

    Firefighting Foam Market is likely to witness an impressive CAGR of 5.2% during the forecast period. Increasing the use of environmentally-friendly products and a rise in fire-related accidents leading to fatalities and loss of property are the major factors expected to drive the growth of the global firefighting foam market during the forecast period.

    Which country/region is expected to remain the largest Firefighting Foam Market?

    In terms of regions, Asia-Pacific is the largest and fastest-growing market for firefighting foam and is estimated to maintain its dominance during the forecast period as well.

    Who are the key players in the Firefighting Foam Market?

    Some of the major players in the firefighting foam market are Angus Fire Limited, Auxquimia, Buckeye Fire Equipment Company, Bavaria Egypt S.A.E., Dafo Fomtec AB, Fireade Inc., Johnson Controls International PLC., KV Fire Chemicals Pvt. Ltd., and Oil Technics (Fire Fighting Products) Ltd.

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