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The global fire fighting chemicals market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Fire fighting chemicals are chemical compounds used for suppressing and extinguishing fires. They are stored in pressurized containers with active propelling agents and are blended with various additives, stabilizers and preservatives to reduce the temperature of the fire, coat the fuel and prevent combustion. Some commonly used chemicals include dry, powder or aqueous film-forming foam (AFFF), alcohol-resistant AFFF, protein foam (PF) and synthetic detergent foam. These chemicals are manufactured using industrial solvents, such as monoammonium phosphate, carbon dioxide, halon, potassium citrate and potassium bicarbonate. They are widely used in firefighting equipment, such as automatic sprinkler systems, fixed and portable fire extinguishers, fire dampers, inert gas systems and fire-retardant bulkheads.
The increasing incidence of fire-related accidents leading to casualties and significant loss of property across the globe is among the key factors driving the market growth. Moreover, the widespread adoption of portable and hand-held fire extinguishers in construction sites, aircraft, hospitals, schools, theaters and residential complexes is providing a thrust to the growth of the market. Due to extensive infrastructural development, these spaces are increasingly becoming more prone to accidents and mishaps. Firefighting chemicals are stored in compact, easy-to-use extinguishers to minimize the risks of fire hazards and explosions. In line with this, these chemicals are also used across industries, such as oil and gas and mining, to contain and prevent critical fire accidents in onshore and offshore facilities, pipelines and process plants. Additionally, various product innovations, such as the launch of environment-friendly firefighting chemicals, are acting as other growth-inducing factors. Product manufacturers are developing fluorine-free foams using natural surfactant blends, which are free from persistent, bio-accumulative and persistent organic pollutants. Other factors, including rising safety concerns and the implementation of favorable safety regulations by the governments of developed and emerging economies, are acting as other growth-inducing factors.
IMARC Group provides an analysis of the key trends in each sub-segment of the global fire fighting chemicals market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, chemicals and application.
Breakup by Type:
Breakup by Chemicals:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Angus Fire, DIC Corporation, Fire Safety Devices Pvt. Ltd., Foamtech Antifire Company, Johnson Controls International plc, Linde plc, Orchidee Europe, Perimeter Solutions, Safequip Pty Ltd and Solvay S.A.
|Base Year of the Analysis||2020|
|Segment Coverage||Type, Chemicals, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||players being Angus Fire, DIC Corporation, Fire Safety Devices Pvt. Ltd., Foamtech Antifire Company, Johnson Controls International plc, Linde plc, Orchidee Europe, Perimeter Solutions, Safequip Pty Ltd and Solvay S.A.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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