US Fire Fighting Foam Market 2024–2033

Reports Description

As per the current market research conducted by CMI Market Research Team, the US Fire Fighting Foam Market is expected to record a CAGR of 1.7% from 2023 to 2032. In 2022, the market size is projected to reach a valuation of USD 1.2 billion. By 2032, the valuation is anticipated to reach USD 1.4 billion.

Fire fighting foam is majorly used in putting off fire. The fire fighting foam market includes manufacturers, wholesalers, and retailers who sell fire fighting foam through various channels, such as specialty stores, department stores, e-commerce websites, and online marketplaces.

The market is profoundly cutthroat, with a few laid out players viewing for portion of the overall industry and separating their items through plan, material, and manageability.

The rising ubiquity of firefighting foam because of its properties, like higher extension proportions, foam steadiness, protection from higher temperatures, and proficiently upsetting the oxygen supply to stifle the fire, is expected to build interest in firefighting foam across the globe.

Starting around 2022, the neighbourhood local group of fire-fighters of the U.S. recorded practically 1.4 million fire cases, causing around 3,500 non-military personnel downfalls and just about 15,200 regular citizen wounds. In any case, a slight decline from the earlier year of 3,704 regular citizen passings. Besides, the U.S. has seen an ascent in instances of rapidly spreading fires, harming an expected 198,797 sections of land and 503 designs.

This rising harm to life and the climate has moved the interest in firefighting foam across the U.S. Furthermore, is expected to pursue a comparative direction all through the figure period. In any case, the rising worries over the utilization of harmful synthetic substances, like Perfluorooctane Sulfonate (PFOS) and Perfluorooctanoic Corrosive (PFOA), utilized for the assembling of putting out fires foam is expected to slow the market development during the forecast period. The PFAO will in general saturate the dirt and groundwater supply and thus debasing water bodies.

US Fire Fighting Foam Market – Significant Growth Factors

The fire fighting foam market presents significant growth opportunities due to several factors:

• The central point driving the market is the rising interest because of the ascent in the number of fire mishaps and severe guidelines from legislatures to keep up with modern security. It is anticipated that the market’s expansion will be hampered by the absence of a global standard regulatory body.
• Factors driving the growth of the fire fighting foam market include increasing awareness towards safety, rising disposable incomes, and the growing popularity of fire extinguishing equipment especially in commercial spaces. However, the market also faces challenges such as the availability of cheaper alternatives, changing consumer preferences, and the impact of economic fluctuations on consumer spending.

US Fire Fighting Foam Market – Mergers and Acquisitions

The fire fighting foam market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the fire fighting foam market include:

• Clean Production Action introduced GreenScreen Certified Firefighting Foam in January 2020. The item is named per-and polyfluoroalkyl substances (PFAS) free. The utilization of PFAS in firefighting items causes ecological harm and debases drinking water. The item is pointed toward offering a protected answer for addressing natural and well-being measures.

• SOLBERG VERSAGARD 1×3 Multipurpose Fluorine-Free Foam Concentrate was introduced by Perimeter Solutions in June 2022. The new product is based on pseudoplastic foam technology that resists alcohol and does not contain fluorine. It does not last and does not contain siloxane. The concentrate is made for the oil and gas industry and industrial emergency response to deal with Class B and deep-seated Class A fires.

• In June 2022, Evonik presented POLYVEST eCO, another scope of maintainable fluid polybutadienes, which can be utilized as a fluid elastic added substance in tire creation. The item send-off is pointed toward taking care of the developing necessities of reasonable business sectors. The new line of products has physicalization properties that are similar to those of products made from fossil fuels.

These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the fire fighting foam market. The trend is expected to continue as companies seek to gain a competitive edge in the market.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

US Fire Fighting Foam Market – Significant Threats

The fire fighting foam market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• Competition from cheaper alternatives: The fire fighting foam market faces competition from cheaper foams. These products can be more cost-effective and easier to use, making them more attractive to some customers.

• Fluctuations in raw material prices: The cost of raw materials can fluctuate due to supply and demand factors, weather conditions, and geopolitical tensions. These fluctuations can impact the profitability of fire-fighting foam manufacturers and increase the price of fire-fighting foam, potentially reducing demand.

• The non-appearance of the normalized administrative body for endorsement of the assembling system and terms of utilization is supposed to hamper the market interest during the forecast period.

• Impact of COVID-19: The firefighting foam market has been negatively impacted by the COVID-19 outbreak due to operational restrictions and disrupted supply chains. Transportation delays and a reduced workforce were the results of the lockdown’s introduction. The pandemic has had a significant impact on the oil and gas industry, so exploration has been put on hold. Manufacturing processes have been disrupted as a result of a number of government regulations, which have reduced the aviation, mining, and marine industries’ demand for the market.

Report Scope

Category-Wise Insights

By Type:

The Aqueous Film Shaping Structure (AFFF) section ruled the worldwide business attributable to its property of AFFF of moment structure arrangement upon launch of the concentrate or water blend from the spout. On account of fuel-based fires, AFFF covers the pool of hydrocarbon fuel with a layer of foam, empowering a warm obstruction to hinder and douse ignition.

Besides, a significant part of the AFFF-concentrate marks as water in a mix with different components, like glycol ethers and ethylene or propylene glycol, added to broaden the foam life.

Aqueous Resistant AFFF (AR-AFFF) is a fire suppressant comprising of fluoropolymers, fluorosurfactants, water-dissolvable polymers, and hydrocarbon surfactants. These foams are reasonable for moment concealment of Class B fires, including polar dissolvable fuel fires, like ketones and alcohols. AR-AFFF foams make a defensive film between the foam cover and the consuming surface, further forestalling the oxygen supply to the fuel and fixing the fuel surface subsequently upsetting the arrival of fuel fumes.

Protein-based firefighting foam is produced involving normally present hydrolyzed proteins in the mix with foam stabilizers, erosion inhibitors, bactericides, and different added substances to convey high intensity solidness, and upgraded consumption back obstruction.

By Fire Type:

In view of fire types, the worldwide business has been additionally sorted into classes A, B, and C. The class A fire type portion overwhelmed the worldwide business in 2022 and represented the greatest portion of over 51% of the overall income.

Class A fire includes normal ignitable substances, like texture, wood, paper, and plastics. These unplanned fires are normal in different enterprises since these fires can heighten at a high rate within the sight of fuel overflow. Compressed water alongside mono ammonium phosphate is utilized to stifle Class A fire.

Class B fires include ignitable and combustible fluids, for example, aqueous, fuel, oil paints, and finishes. As a partner, Class A fire are smothered utilizing water, Class B fire is very perilous as they have fuel with lower thickness in contrast with water and consuming oil has a higher temperature than the edge of boiling over water.

On contact with water, the oil makes high-temperature steam, which extends quickly and detonates, causing consumption and spreading the fire wildly. Consequently, Class B fire dousers for the most part utilize dry synthetics, like foam or powder.

By Application:

The oil and gas section ruled the worldwide business in 2022 with the greatest portion of over 2% of the general income. Exceptionally combustible fluids and gases can prompt extreme fire occurrences, causing huge property harm, and contamination, and endanger human existence. Oil-well fires bring about the deficiency of millions of barrels of raw petroleum each day and can cause tremendous financial misfortunes.

Joined with the natural calamities brought about overwhelmingly by smoke and unburnt oil alongside the colossal fuel supply, oil-well fires are exceptionally challenging to douse than normal fire. Subsequently, the item request has expanded as of late from the oil and gas industry.

Pursuing a comparable direction during the estimate period is normal. Fire mishaps including synthetic compounds are the second-biggest portion after oil and gas. Reliance on synthetic compounds is expanding for numerous purposes, and numerous synthetic substances delivered are dangerous and cause high harm and misfortunes.

For example, in August 2020, a blast brought about by the capacity of ammonium nitrate at Port of Beirut, Lebanon, brought about 218+ passings, around 7,000+ instances of wounds, and USD 17.5 billion worth of property harm. Consequently, the rising worries about the use of synthetic compounds are supposed to drive the item interest over the figure period.

US Fire-Fighting Foam Market – Regional Analysis

Here is a brief overview of the US Fire Fighting Foam market:

• United States is one of the biggest countries, regarding worldwide utilization of the item, because of increasing fire-related mishaps and extreme fire. Also, it also fire issues also occur because of climatic changes and human carelessness, which are some of the factors expected to drive the provincial market over the figure period. For example, the United States saw out of control fires bringing about harm more than in the previous 10 years. the nation had several extreme fire cases, which brought about the consumption of several hectares of land in the last few years.

Competitive Landscape – US Fire Fighting Foam Market

The fire fighting foam market is highly competitive, with a large number of manufacturers and retailers operating U.S. Some of the key players in the market include:

• National Foam
• Perimeter Solution
• Johnson Controls
• F. Ahem Co.
• Viking group incorporation
• Buckeye Fire Equipment Company
• Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships. For example, in April 2022, Johnson Controls presented Chemguard 3×3, a non-fluorinated foam concentrate, as would be considered normal to convey compelling and imprudent fire concealment of Class B hydrocarbon and polar dissolvable fuel fires.

Moreover, the market is highly fragmented, with a large number of small and regional players operating in different parts of the world. To remain competitive in the market, companies are focusing on offering high-quality products at competitive prices, leveraging advanced technologies and expanding their distribution networks to reach new customers. It is also important for companies to stay up-to-date with changing customer preferences and market trends to remain relevant in the highly competitive market.

The US Fire Fighting Foam Market is segmented as follows:

By Type

• Aqueous Film Forming Foam (AFFF)
• Alcohol Resistant Aqueous Film Forming Foam (AR-AFFF)
• Protein Foam (PF)
• Synthetic Detergent Foam (medium and high expansion)

By Fire Type

• Class A
• Class B
• Class C

By Application

• Oil & Gas
• Aviation
• Marine
• Mining
• Warehouse
• Others

On the basis of US Geography

• Northeast Region
• Southeast Region
• Midwest Region
• West Coast Region
• Southwest Region
• Mountain States