Firefighting Foam Market to offer a healthy CAGR of 5.2% during 2020-25
February 13, 2020
Firefighting Foam Market Overview:
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.
Report Overview:
This new report from Stratview Research analyses the Firefighting Foam Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
Get a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/750/firefighting-foam-market.html
Firefighting Foam Market Segment Insights:
Type: AFFF, AR-AFFF and others
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.
Click below to run through the detailed ToC of the report:
https://www.stratviewresearch.com/toc/750/firefighting-foam-market.html
End-Use Industry Type: oil & gas, aviation, marine and others
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.
A highly/moderately/fragment consolidated 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.
Region: Asia-Pacific is the largest and fastest-growing market for firefighting foam
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.
Click here for other high value market reports from Stratview Research in the Advanced Material Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html
About Stratview Research
Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
For enquiries,
Contact:
Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176