Global Firefighting Foam Market 2018-2023: Analysis & Forecasts by Oil & Gas, Aviation, Marine, Mining
DUBLIN, Aug 28, 2018 /PRNewswire/ --
The "Firefighting Foam Market by Type (AFFF, AR-AFFF, PF, Synthetic Detergent Foam), End-use Industry (Oil & Gas, Aviation, Marine, Mining), Region (APAC, Europe, North America, Middle East & Africa, South America) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The firefighting foam market is estimated at USD 726.4 million in 2018 and is projected to reach USD 867.7 million by 2023, at a CAGR of 3.6% between 2018 and 2023.
The major driver for the market includes the increasing use of environmentally-friendly products and increasing fire-related accidents leading to casualties and loss of property.
The firefighting foam market has been classified on the basis of type and end-use industry. Among types, the market is classified into AFFF, AR-AFFF, PF, synthetic detergent foam. As AFFF is widely used by the oil & gas industry, the demand for AFFF was the highest in 2017. The demand for AFFF is high in the oil & gas industry due to the high risk of fires from flammable liquids. AFFF is preferred as it contains such fires effectively and has a longer shelf life.
On the basis of end-use industry, the market is classified into oil & gas, aviation, marine, mining, and others. The oil & gas industry is the largest consumer of firefighting foam due to the high risk of fire accidents and the efficiency of firefighting foam in combatting such fires.
By region, the market is segregated into APAC, Europe, North America, South America, and Middle East & Africa. APAC is the largest and fastest-growing market for firefighting foam. Various countries in the APAC are undertaking downstream activities, such as refining and processing due to the rising demand for oil & gas in the region. Various national oil companies in the region are investing in the growth of the oil & gas industry. Hence, these factors are driving the demand for firefighting foam in the APAC.
The major restraint for the firefighting foam market is the absence of a standardized regulatory body globally for the approval of firefighting foam. Various countries follow different regulatory standards, and this acts as a restraint for the growth of the firefighting foam market at the global level.
Some of the key players operating in the firefighting foam market are Johnson Controls International Plc. (US), The Solberg Company (US), Dr. Sthamer (Germany), National Foam (US), Angus Fire (UK), Kerr Fire (UK), Eau&Feu (France), DIC Corporation (Japan), and SFFECO Global (UAE).
Competition among these players is high, and they are investing in strategic developments, such as new product developments, partnerships & agreements, and mergers & acquisitions. These players have developed fluorosurfactants possessing the C6 chain which enable reduction of environmental issues caused due to the existing C8 chain fluorosurfactants. Hence, these players are investing in the development of new firefighting foams which are environmentally safe.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Firefighting Foam Market
4.2 Firefighting Foam Market, By End-Use Industry (2018-2023)
4.3 Firefighting Foam Market in APAC, By Type and Country, 2017
4.4 Firefighting Foam Market, Regional Share
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Shift Toward Environmentally-Safe Products
5.2.1.2 Increased Fire-Related Expenditure, Rise in Deaths and Loss of Property
5.2.2 Restraints
5.2.2.1 Absence of A Standardized Regulatory Body for Approval of Firefighting Foam Globally
5.2.3 Opportunities
5.2.3.1 Upcoming Technologies to Combat the Issue Related to Firefighting Foams
5.2.3.2 Development of Fluorine Free Foams
5.2.4 Challenges
5.2.4.1 Existing Lawsuits and Litigations Against Major Manufacturers in Us
5.2.4.2 Stringent Regulations for the Production of Firefighting Foam
5.3 Porter's Five Forces Analysis
5.3.1 Bargaining Power of Suppliers
5.3.2 Threat of New Entrants
5.3.3 Threat of Substitutes
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Trends of Oil Production & Drilling
5.4.1.1 Oil Production (Thousand Barrels Daily)
5.4.1.2 Oil & Gas Wells Drilled, By Region
5.4.2 Trends and Forecast of GDP
6 Firefighting Foam Market, By Type
6.1 Introduction
6.2 Aqueous Film Forming Foam (AFFF)
6.3 Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
6.4 Protein Foam
6.5 Synthetic Detergent Foam (High & Mid Expansion Foam)
6.6 Others
7 Firefighting Foam Market, By End-Use Industry
7.1 Introduction
7.2 Oil & Gas
7.3 Aviation
7.4 Marine
7.5 Mining
7.6 Others
8 Firefighting Foam Market, By Region
8.1 Introduction
8.2 APAC
8.2.1 China
8.2.2 Japan
8.2.3 South Korea
8.2.4 India
8.2.5 Indonesia
8.2.6 Rest of APAC
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 France
8.3.4 Spain
8.3.5 Italy
8.3.6 Russia
8.3.7 Rest of Europe
8.4 North America
8.4.1 Us
8.4.2 Canada
8.4.3 Mexico
8.5 Middle East & Africa
8.5.1 Iran
8.5.2 Saudi Arabia
8.5.3 UAE
8.5.4 Rest of the Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America
9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking of Key Players
9.3 Competitive Scenario
9.3.1 New Product Launches
9.3.2 Partnerships & Agreements
9.3.3 Mergers & Acquisitions
10 Company Profiles
10.1 Johnson Controls International PLC.
10.2 The Solberg Company
10.3 Dr. Sthamer
10.4 National Foam
10.5 Angus Fire
10.6 Kerr Fire
10.7 EAU&FEU
10.8 DIC Corporation
10.9 Sffeco Global
10.10 Dafo Fomtec AB
10.11 Additional Company Profiles
10.11.1 Firechem
10.11.2 Auxquimia
10.11.3 Fireade Inc.
10.11.4 Orchidee
10.11.5 Vintex Fire Protection Pvt Ltd
10.11.6 Buckeye Fire Equipment Company
10.11.7 KV Fire Chemicals Pvt. Ltd.
10.11.8 3F
10.11.9 Profoam
10.11.10 Bavaria Egypt S.A.E.
10.11.11 Oil Technics (Fire Fighting Products) Ltd
10.11.12 IFP
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