Firefighting Foam Market Projected to Reach $867.7 million by 2023

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MarketsandMarkets Presents
Firefighting Foam Market Projected to Reach
867.7 million by 2023
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irefighting-foam-market-136945116.html
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• The report "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", The firefighting foam market
  is projected to reach USD 867.7 million by 2023,
  at a CAGR of 3.6 from an estimated USD 726.4
  million in 2018.
• Browse 67 market data Tables and 42 Figures
  spread through 128 Pages and in-depth TOC on
  "Firefighting Foam Market - Global Forecast to
  2023
• Request FREE PDF Brochure https//www.marketsand
  markets.com/pdfdownload.asp?id136945116
• The objectives of the study are
• To estimate and forecast the firefighting foam
  market size, in terms of value and volume
• To identify and analyze the key drivers,
  restraints, challenges, and opportunities
  influencing the market
• To define and segment the market by type, end-use
  industry, and region
• To forecast the size of the firefighting foam
  market, on the basis of region, such as North
  America, Europe, Asia Pacific (APAC), South
  America, and Middle East Africa along with
  their major countries
• To analyze market opportunities and competitive
  landscapes of the stakeholders and market leaders
  
• To analyze the recent market developments and
  competitive strategies, such as expansions, new
  product launches, agreements, and partnerships to
  draw the competitive landscape in the
  firefighting foam market
• To strategically identify and profile the key
  market players and analyze their core
  competencies in each type and end-use industry
  segment of the firefighting foam market

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• Scope of the Report
• This report categorizes the firefighting foam
  market on the basis of type, end-use industry,
  and region.
• Firefighting Foam Market, By Type
• AFFF
• AR-AFFF
• PF
• Synthetic Detergent Foam
• Others
• Firefighting Foam Market, By End-Use Industry
• Oil Gas
• Aviation
• Marine
• Mining
• Others

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irefighting-foam-market-136945116.html
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Industry Insights 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. Request
FREE Sample Pages https//www.marketsandmarkets.c
om/requestsample.asp?id136945116 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. 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.
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irefighting-foam-market-136945116.html
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Industry Leaders   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), EauFeu (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. For more
Info Visit Our Blog _at_ https//chemicalsresearchmar
ket.wordpress.com/Blog Geographical Scenario
  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.

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