The global firefighting foam market was valued at USD 855.2 million in 2019 and is projected to reach USD 1,125.1 Million by 2027, expanding at a CAGR of 4.3% during the forecast period. A firefighting foam is a stable mass of small air-filled bubbles that has a lower density than gasoline, oil, and water. Foam is composed of three materials including water, foam concentrate, and air. These ingredients form a homogenous foam blanket when mixed with each other in an appropriate proportion. Firefighting foam is used to suppress the fire by protecting health, life, and property.
Firefighting foams play an important role in controlling and extinguishing fires of flammable liquids. They are used to prevent ignition and re-ignition of the flammable liquids. Some of the important properties for the characterization of firefighting foam includes expansion ratio (foamability), fire performance class, foam stability, and burn-back resistance level. 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. Class A foam concentrates combine wetting and foaming agents and class B foam agents that are ideal for fire suppression choice for hazards involving combustible and flammable liquids.
Growing Incidences of Fire-related Accidents Leading to Casualties and Loss of Pro
Increasing fire-related accidents across the world is driving the growth of the global firefighting foam market. These fire accidents can happen from smoke detectors that fail to activate, faulty products, damaged wiring, and human errors leading to casualties. For instance, as per a news article, in 2017, around 9 million fire incidents were recorded across the globe. These fire incidents lead to causalities and damage to property. The main problem associated with fire accidents is the harm that it can cause to the lungs due to smoke inhalation. Moreover, in 2019, fire departments in the US responded to an estimated 1.3 million fires. This, in turn, increases the demand for firefighting foam in the US. Thus, governments across several countries are focusing on fire protection and safety, thereby spurring the demand for firefighting foams.
Increasing Shift Toward Environmentally Safe Products
Increasing inclination of customers toward environmentally safe firefighting foams is expected to boost the market growth during the forecast period. Fluorine-free foams are considered as an environment-friendly foam that can perform better than their alternatives such as AFFF and AR-AFFF. Most environment-friendly foams are PFAS-free, PFOS-free, and PFOA-free. Thus, manufacturers are focusing on the manufacturing of fluorine-free foams. Many fluorine-free foams are biodegradable and do not contain fluorinated derivatives. According to tests, fluorine-free foams perform best for small tank fires. Thus, the demand for fluorine-free firefighting foam is expected to increase during the forecast period. used in the development of the stem cells, which are used in the treatment of cancer, which is also one of the factors, which contributes for the growth of the market.
Stringent Country-based Regulations Restrict Global Players from Entering
The approval for firefighting foam is challenging, as each country has various regulations for approvals. Thus, the absence of a standardized regulatory system that manufacturers need to follow. Numerous companies are manufacturing firefighting foam by adhering to the specific regulations to clear the test for their products in a particular country. Some of the global standards for approving and assessing the foam concentrates include ECHA, IMO, UL162, ICAO, NFPA 11, CAP 437, LASTFIRE, MIL-F-24385, and Levels A, B & C. These standards reduce the possibility of manufacturers expanding into different countries. This, in turn, is expected to restrain the global firefighting market during the forecast period.
Restriction on the Use of Fluorine-based Firefighting Foam
Disadvantages and side-effects of fluorine-based firefighting foam have led to the ban of these products in several countries across the globe. Several PFAs (Per- and Polyfluoroalkyl Substances) can gather and stay in the human body for a long period of time. Long-term exposure to these PFAs can lead to negative health effects such as thyroid disease and kidney, testicular, and bladder cancer. The Government of Australia has banned the use of firefighting foams containing fluorine due to problems such as the harmful impact of the chemicals on the environment. This ban is extended to all types of fluorinated firefighting foams, C6 types, and C8 types. Moreover, as per a recent news, Washington is the first state in the US that has banned the sale of fluorinated foams. Therefore, increase in the restrictions and ban on the use of fluorine-based firefighting foam in several countries is expected to hinder the market during the forecast period.
In terms of types, the global firefighting foam market is segmented as 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. The AFFF segment is estimated to expand at a high CAGR owing to its applications in fighting high-hazard flammable liquid fires. The protein foam (PF) segment held 19.4% share of the global firefighting foam market in 2019. Increasing use of protein foam in the areas such as oil & gas tank farms, on-board marine systems, storage facilities, and refineries propels segment growth.
In terms of applications, the firefighting foam market is segregated into oil & gas, aviation, marine, mining, petroleum & petrochemical, ship & shipyard, warehouse, airport, and others. The oil & gas segment held a significant market share in 2019 and is anticipated to expand at a substantial CAGR of 4.7% during the forecast period. This is attributed due to the increasing demand for firefighting foams from the oil & gas industry. Companies operating in the oil & gas industry regularly face fire safety issues. Firefighting foam offer protection against Class A and B Fires that generally includes materials or liquids that liquefy such as oils, paints, and fats
In terms of regions, the global firefighting foam market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held a market share of 31.6% in 2020. The market in Asia Pacific is estimated to expand at a significant CAGR of 4.7% during the forecast period owing to increasing investments in infrastructure expansion. Moreover, growing number of fire accidents in factories and manufacturing plants across India are expected to surge the demand for firefighting foam in Asia Pacific.
Some frequently asked quetions about this report!
Additional company profiles can be provided on request.
Yes, the report covers product specific information such as aqueous film forming foam (AFFF), alcohol resistant aqueous film forming foam (AR-AFFF), protein foam (PF), synthetic detergent foam (medium and high expansion), etc.
According to this Growth Market Reports report, the market from Firefighting Foam market shall probably to register a CAGR of 4.3% during forecast period 2020-2027, with an anticipated valuation of USD 1,125.1 million by the end of the 2027.
Growing incidences of fire-related accidents leading to casualties and loss of property, are expected to drive the market growth during forecast period.
Oil & Gas, aviation, marine, mining, warehouse are the key application that are driving the Firefighting Foam market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
The market is expected to project a growth of over 4.3% between 2019 and 2020 owing to the negative impact of COVID-19 pandemic on the firefighting foam market.
The base year considered for the global firefighting foam market report is 2019. The complete analysis period is 2017 to 2027, wherein, 2017 & 2018 are the historic years and the forecast is provided from 2020 to 2027.
Major Manufactures include, Angus Fire Ltd., DIC CORPORATION, FIRECHEM, Johnson Controls, Kerr Fire, KV Fire Chemicals Pvt. Ltd., National Foam, and Perimeter Solutions are the key players operating in the market.
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