Firefighting Foam Market- Roadmap for Recovery from COVID-19 | Rise in Construction and Expansion of Airports to Boost the Market Growth | Technavio

LONDON--(BUSINESS WIRE)-- Technavio has been monitoring the firefighting foam market and it is poised to grow by $ 175.3 mn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

  • What are the major trends in the market?
    Increasing use of fluorine-free firefighting foams as viable alternatives to AFFF is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 3.56% and the incremental growth of the market is anticipated to be $ 175.3 mn.
  • Who are the top players in the market?
    Angus International Safety Group, Buckeye Fire Equipment Co., Dafo Fomtec AB, DIC Corp., Fabrik chemischer Praparate von Dr. Richard Sthamer Gmbh & Co. KG, Fire Service Plus Inc., Johnson Controls International Plc, KV Fire Chemicals Pvt. Ltd., Perimeter Solutions LP, and SFFECO Global., are some of the major market participants.
  • What is the key market driver?
    The rise in construction and expansion of airports is one of the major factors driving the market.
  • How big is the APAC market?
    The APAC region will contribute 41% of the market share.

     

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Angus International Safety Group, Buckeye Fire Equipment Co., Dafo Fomtec AB, DIC Corp., Fabrik chemischer Praparate von Dr. Richard Sthamer Gmbh & Co. KG, Fire Service Plus Inc., Johnson Controls International Plc, KV Fire Chemicals Pvt. Ltd., Perimeter Solutions LP, and SFFECO Global are some of the major market participants. The rise in construction and expansion of airports will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Firefighting Foam Market 2020-2024: Segmentation

Firefighting Foam Market is segmented as below:

  • End-user
    • Oil And Gas
    • Aviation
    • Mining
    • Marine
    • Other End-users
  • Product
    • Aqueous Film-forming Foam
    • Alcohol Resistant Aqueous Film-forming Foam
    • Protein Foam
    • Synthetic Detergent Foam
    • Other Foams
  • Geography
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40119

Firefighting Foam Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The firefighting foam market report covers the following areas:

  • Firefighting Foam Market Size
  • Firefighting Foam Market Trends
  • Firefighting Foam Market Industry Analysis

This study identifies increasing use of fluorine-free firefighting foams as viable alternatives to AFFF as one of the prime reasons driving the firefighting foam market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Firefighting Foam Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist firefighting foam market growth during the next five years
  • Estimation of the firefighting foam market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the firefighting foam market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of firefighting foam market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market Outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Oil and gas
  • Aviation
  • Mining
  • Marine
  • Other end-users

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Aqueous film-forming foam - Market size and forecast 2019-2024
  • Alcohol resistant aqueous film-forming foam - Market size and forecast 2019-2024
  • Protein foam - Market size and forecast 2019-2024
  • Synthetic detergent foam - Market size and forecast 2019-2024
  • Other foams - Market size and forecast 2019-2024
  • Market opportunity by product

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Strategic M&A among market vendors
  • Increasing use of fluorine-free firefighting foams as viable alternatives to AFFF
  • Transition from C8 to C6 fluorochemistry

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Angus International Safety Group
  • Buckeye Fire Equipment Co.
  • Dafo Fomtec AB
  • DIC Corp.
  • Fabrik chemischer Präparate von Dr. Richard Sthamer Gmbh & Co. KG
  • Fire Service Plus, Inc.
  • Johnson Controls International Plc
  • KV Fire Chemicals Pvt. Ltd.
  • Perimeter Solutions LP
  • SFFECO Global

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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