Firefighting foam market overview

The global firefighting foam market, valued at USD 815.4 million in 2023, is expected to grow to USD 1.2 billion by 2034, according to a report by Transparency Market Research, Inc.

This represents a compound annual growth rate (CAGR) of 3.8% over the forecast period.

Fire incidents are rising worldwide due to various materials and their properties.

These incidents can cause significant loss of wealth and livestock.

To prevent such hazards, new techniques and tools have been introduced in the market to enhance fire extinguishing processes.

Firefighting foams, which extinguish fires by cutting off the oxygen supply, are becoming more popular due to their efficiency.

Types and uses of firefighting foams

Synthetic foams are widely used to combat fires caused by flammable liquids.

These foams are gaining traction in various end-user industries due to their risk mitigation capabilities.

The expansion ratio of foams varies based on the proportioning and discharge devices, allowing them to cater to different fire severities.

The demand for commercial uses of firefighting foams is expected to increase, driven by regulatory norms and policies aimed at preventing fire-related mishaps.

As technological infrastructure grows, key industry players are innovating to enhance the efficiency of firefighting foams, contributing to their rising popularity.

Market segmentation and key players

The competitive landscape of the firefighting foam market is segmented by foam type, material type, and application.

Aqueous film-forming foam is expected to gain traction in shipboard and shore applications.

Class C foams are becoming more popular due to increasing fire cases caused by electrical short-circuiting, while Class K foams are in demand for kitchen fires.

The oil and gas industry is expected to be the largest consumer of these foams.

Prominent companies in the market include Johnson Controls, Solvay, Chemguard, National Foam, Angus Fire, Buckeye Fire Equipment Company, Dafo Fomtec AB, Sthamer, and Kerr Fire.

Recent developments include Solvay’s new production unit in Italy and Johnson Controls’ sale of Air Distribution Technologies Business to Truelink Capital.

Regional insights

The demand for firefighting foams is expected to rise in the Middle East and Asia-Pacific regions due to the developing oil and gas industries.

Europe is likely to create more prospects for leading market organizations with its growing infrastructure for firefighting equipment.

North America’s technological advancements will drive innovation in the industry, further enhancing the competitive landscape.