Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.11% during the review period (2022 to 2027)
The global aqueous film forming foam (AFFF) fire extinguish agent market is expected to grow at a CAGR of 4.11% from 2022 to 2027, according to experts. The study examines the current state and future prospects of the global aqueous film forming foam (AFFF) fire extinguishing agent market for the years 2022 to 2027. The study uses the sales volume and revenue of aqueous film forming foam (AFFF) fire extinguishing agents to estimate market size.
The aqueous film forming foam (AFFF) is mainly driven by its rising receipt across various businesses compared to other firefighting systems. Important growth of fire safety events and device spending in various businesses such as chemical and petrochemical, oil and gas, and military, among others is probable to impact the demand for aqueous film forming foam (AFFF).Moreover, various government initiatives, rules, and policies to have firefighters and fire extinguisher in municipal services and profitable sector is also probable to lay the path for robust aqueous film starting foam (AFFF) market growth during the forecast period.Moreover, aqueous film forming foam (AFFF) is widely used in the United States Military, which creates chances for many US based and international companies. However, various ecological and human health-related worries owing to the discharge of answer reaching eating water bases have been stated due to the noxiousness of aqueous film forming foam (AFFF).
Top Key players in the Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Tyco Fire Protection Products, Angus International, Amerex Corporation, Buckeye Fire Equipment, ICL Group, Suolong, DIC, Jiangya, Dr. Richard Sthamer, Langchao Fire Technology, Dafo Fomtec, Orchidee, Oil Technics, Profoam, Delta Fire, Gongan Industrial Development, Yunlong RRE Equipment, Liuli, Zibo HuAn Technology, NDC-Group, HD Fire Protect, SKFF Fire Fighting, K. V. Fire, Rijian Firefighting Equipment, Zhengzhou Yuheng Industry and others.
Oct. 5, 2021: Amerex Corporation, a division of McWane, Inc. and an international leader in the fire suppression industry, was recently named 2021 Alabama Large Manufacturer of the Year, an honor presented by the Business Council of Alabama and Alabama Technology Network. This prestigious recognition coincides with Amerex's 50th anniversary.
Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market is segmented based on the type, applications, companies and regions.
By Type, Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market has been segmented into
The end user’s industry application on Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market is,
North America is estimated to account for a prominent market share in the global aqueous film forming foam (AFFF) market, owing to significant use for military application.the Asia Pacific market is projected to register robust growth in terms of demand for aqueous film forming foam (AFFF) in the coming years. Latin America and Middle East & Africa aqueous film forming foam (AFFF) market are expected to grow with a healthy growth rate due to the evolution of technologies and innovations across various industries.
Report Attributes | Report Details |
Forecast Period 2022 to 2028 CAGR | CAGR of 4.11% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | Tyco Fire Protection Products, Angus International, Amerex Corporation, Buckeye Fire Equipment, ICL Group, Suolong, DIC, Jiangya, Dr. Richard Sthamer, Langchao Fire Technology, Dafo Fomtec, Orchidee, Oil Technics, Profoam |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 139 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
What was the global Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market size in 2020?
In 2020, the global Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market attained a value of nearly USD 2.6 billion.
What is the growth rate of the market?
The market is projected to grow at a CAGR of 4.11% between 2022 and 2027.
What are the major regional markets of Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market?
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Who are the key players in Aqueous Film Forming Foam (AFFF) Fire Extinguish Agent Market?
Tyco Fire Protection Products, Angus International, Amerex Corporation, Buckeye Fire Equipment, ICL Group, Suolong, DIC, Jiangya, Dr. Richard Sthamer, Langchao Fire Technology, Dafo Fomtec
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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