Firefighting Foam Market- Roadmap for Recovery from COVID-19 | Rise in Construction and Expansion of Airports to Boost the Market Growth | Technavio
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.
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.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
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.
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.
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
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Teck Resources Limited (Teck) today announced its unaudited first quarter results for 2024. "All outstanding major construction at our QB operation was completed in the first quarter, including the shiploader and molybdenum plant, and we marked the...
Shanghai Junshi Biosciences Co., Ltd ("Junshi Biosciences," HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced that the Drug...
Genomma Lab Internacional, S.A.B. de C.V. (BMV: LAB B) ("Genomma" or "the Company"), today announced its results for the first quarter of 2024. All figures included herein are stated in nominal Mexican pesos and have been prepared in accordance with...
The First Bancshares, Inc. ("FBMS" or "the Company") , holding company for The First Bank, (www.thefirstbank.com) reported today financial results for the quarter ended March 31, 2024.
Highlights for the Quarter:
Net income available to common...
Biophytis SA (Euronext Growth Paris:ALBPS), ("Biophytis" or the "Company"), a clinical-stage biotechnology company specializing in thedevelopment oftherapeutics for age-related...