Global Fire Fighting Foam Market Outlook 2016-2021
For years, foam has been used as a fire-extinguishing medium for flammable and combustible liquids. Unlike other extinguishing agents - water, dry chemical, CO2, etc., a stable aqueous foam can extinguish a flammable or combustible liquid fire by the combined mechanisms of cooling, separating the flame/ignition source from the product surface, suppressing vapors and smothering. It can also secure for extended periods of time against reflash or reignition.
Fire fighting foam production, which measures output worldwide, was expected to reach 895,905 tons in 2016 with an increase of 3.82% from its year-earlier level. The global fire fighting foam market size is estimated to grow from USD 1,856.85 million in 2011 to USD 2,060.17 million by 2016, at an estimated CAGR of 2.1% between 2011 and 2016. With regards to this, key players of fire fighting foam industry are expected to find potential opportunities in this market.
The global fire fighting foam market report profiles some of the key technological developments in the recent times. It also profiles some of the leading players in the market and analyzes their key strategies. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. The major players in the global fire fighting foam market are Tyco, Kerr Fire, Amerex Corporation, DIC, ICL, Delta Fire, Angus Fire, Dr. Sthamer, Kidron, Dafo Fomtec, etc.
The fire fighting foam market is segmented by regions North America, the Middle East and Africa (EMEA), China, Asia-Pacific, and Rest of the World (RoW). In 2016, Asia-Pacific is estimated to be the largest market for fire fighting foam, globally, followed by EMEA, North America, and Rest of the World (RoW). Over the past five years, the fire fighting foam market has witnessed the highest growth rate in the Asia-Pacific region. In 2015, world fire fighting foam production was 862,918 tons. China, the United States, and India are the top three fire fighting foam producers.