Global Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market Share Is Likely To Reach At A CAGR Value Of Around 1.6% By 2026

28-Feb-2020 | Facts and Factors

Findings from Facts and Factors report “Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market By Type (AFFF 1%, AFFF 3%, and AFFF 6%) and By Application (Military, Chemical and Petrochemical Plant, Tank Farms, Airports, Municipal Services, Merchant Operations, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global aqueous film forming foam (AFFF) fire extinguishing agent market in 2019 was approximately USD 120 Million. The market is expected to grow at a CAGR of 1.6% and is anticipated to reach around USD 134 Million by 2026.

Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market

Request Sample Request Customization Buy Now

Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent is a fire suppressant and it works by cooling the fire and coating the fuel responsible for the fire. A film is created by AFFF between fuel and oxygen to stop the further combustion of the fuel. There were two types of firefighting foams developed in the 1980s to fight wildfires and were classified as class A and class B type of foams. Class B foam includes an aqueous film-forming foam, protein form, and alcohol-resistant aqueous film-forming foam. Synthetic surfactants are used to make aqueous film-forming foam (AFFF).

Browse the full “Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market By Type (AFFF 1%, AFFF 3%, and AFFF 6%) and By Application (Military, Chemical and Petrochemical Plant, Tank Farms, Airports, Municipal Services, Merchant Operations, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/aqueous-film-forming-foam-afff-fire-extinguishing-agent

The rising implementation of aqueous film-forming foam (AFFF)fire extinguishing agents across various industries as compared to other firefighting agents is driving the forming foam (AFFF)fire extinguishing agent market. Various government policies, rules, and initiatives to use a fire extinguisher in government bodies, commercial sectors, and industries have set healthy market conditions for the aqueous film forming foam (AFFF)fire extinguishing agent market.

Moreover, aqueous film-forming foam (AFFF) is widely used in U.S. Military opening new market opportunities for international companies. However, the adverse health-related and environmental effects of AFFF has hindered the market growth. This is due to the release of the AFFF solution reaching water bodies and contaminating it due to its toxicity.

The aqueous film-forming foam (AFFF)fire extinguishing agent market is divided into different segments based on type and application. The type segment is divided into three categories that are 1%, 3% and 6% based on the concentration. This percentage of concentration is based on the concentration mixed with water. AFFF is used as either 3 percent or 6 percent concentrate in the U.S. military and in most civil applications around the globe.

Regional Overview:

North America had a major market share in the global aqueous film forming foam (AFFF) fire extinguishing agent market and is anticipated to continue its dominance in the upcoming years. The product was mainly used for military applications in the United States and is expected to follow the same trends in the forecast years.

Furthermore, the Asia Pacific regional market is expected to grow rapidly due to the growing demand for aqueous film-forming foam (AFFF) fire extinguishing agents. The government is undertaking numerous measures to safeguard firefighters, which is the reason behind the increasing demands for fire safety. However, slow and steady growth is expected from Europe due to the strict regulations.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 120 Million

Projected Market Size in 2026

USD 134 Million

CAGR Growth Rate

1.6% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Angus International, DIC Corporation, Luoyang Langchao Fire Technology Co., Ltd., Tyco Fire Products LP, Oil Technics Ltd., Chemguard, DafoFomtac AB, ICL Group, Buckeye Fire Equipment Company, Amerex Corporation,,and others.

Key Segment

By Type, Application,and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

Request customized purchase options to meet your research needs. Explore purchase options

Competitive Landscape:

The key market players in the Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market are Angus International, DIC Corporation, Luoyang Langchao Fire Technology Co., Ltd., Tyco Fire Products LP, Oil Technics Ltd., Chemguard, DafoFomtac AB, ICL Group, Buckeye Fire Equipment Company, Amerex Corporation, and others.

This report segments the aqueous film-forming foam (AFFF) fire extinguishing agent market as follows:

Global Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market: By Type Segmentation Analysis

  • AFFF 1%
  • AFFF 3%
  • AFFF 6%

Global Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market: By Application Segmentation Analysis

  • Military
  • Chemical and Petrochemical Plant
  • Tank Farms
  • Airports
  • Municipal Services
  • Merchant Operations
  • Others

Global Aqueous Film Forming Foam (AFFF) Fire Extinguishing Agent Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:

Facts & Factors
A - 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com

 


Latest Market Research Reports

report img

Organic Soap Market Report 2024 – 2032

[218+ Pages Report] According to Facts Factors, the global organic soap market size was worth around USD 2.1 billion in 2023 and is predicted to grow to around USD 4.3 billion by 2032, with a compound annual growth rate (CAGR) of roughly 8.3% between 2024 and 2032. Organic Soap Market: Overview Org

Published Date : 18-Nov-2024 | | Category : Consumer Goods | Pages : 218 | Format : Read more

Inquiry for Buying Request Sample
report img

Risk Management Software Market Report 2024 – 2032

[214+ Pages Report] According to Facts Factors, the global risk management software market size was valued at USD 9.64 billion in 2023 and is predicted to surpass USD 34.77 billion by the end of 2032. The risk management software industry is expected to grow by a CAGR of 14.36% between 2024 and 203

Published Date : 14-Nov-2024 | | Category : Software and Services | Pages : 214 | Format : Read more

Inquiry for Buying Request Sample
report img

Call Center AI Market Report 2024 – 2032

[213+ Pages Report] According to Facts Factors, the global call center AI market size was valued at USD 1.70 billion in 2023 and is predicted to surpass USD 11.19 billion by the end of 2032. The call center AI industry is expected to grow by a CAGR of 23.28% between 2024 and 2032. Call Center AI Ma

Published Date : 13-Nov-2024 | | Category : Technology & Media | Pages : 213 | Format : Read more

Inquiry for Buying Request Sample
report img

Personalized Nutrition Market Report 2024 – 2032

[221+ Pages Report] According to Facts Factors,the global personalized nutrition market size was valued at USD 13.35 billion in 2023 and is predicted to surpass USD 46.31 billion by the end of 2032. The personalized nutrition industry is expected to grow by a CAGR of 14.82% between 2024 and 2032. P

Published Date : 11-Nov-2024 | | Category : Healthcare | Pages : 221 | Format : Read more

Inquiry for Buying Request Sample
report img

Sleep Tech Devices Market Report 2024 – 2032

[218+ Pages Report] According to Facts Factors, the global sleep tech devices market size was valued at USD 20.68 billion in 2023 and is predicted to surpass USD 83.79 billion by the end of 2032. The sleep tech devices industry is expected to grow by a CAGR of 16.82% between 2024 and 2032. Sleep Te

Published Date : 08-Nov-2024 | | Category : Technology & Media | Pages : 218 | Format : Read more

Inquiry for Buying Request Sample

Why FnF Market Research?

1 Inflallible Methodology

to ensure high-level data integrity, accurate analysis, and impeccable forecasts

2 Analyst Support

for complete satisfaction

3 Customization

on-demand customization of scope of the report to exactly meet your needs

4 Targeted Market View

Targeted market view to provide pertinent information and save time of readers

5 Agile Approach

A faster and efficient way to cater to the needs with continuous iteration