Oct 19, 2018   SOURCE: BusinessWire

The Global Firefighting Foam Market (2018-2022): A ~$1 Billion Opportunity by 2022 - ResearchAndMarkets.com

The "Global Firefighting Foam Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global firefighting foam market is set to register a revenue of close to USD 1 billion by 2022.

One trend in the market is emergence of automated firefighting systems. With rising technology innovation levels in the firefighting market, end-users are increasingly transitioning toward automated fire detection and prevention systems. Smoke detectors and foam-water sprinklers will likely gain a substantial advantage over conventional fire prevention systems during the forecast period.

According to the report, one driver in the market is increase in marine trading and logistics activities. Marine transport is an essential mode of transportation and a very important element of the world economy. More than 90% of trade is carried through the sea, a cost-effective way of transporting raw materials and goods around the world.

Further, the report states that one challenge in the market is environmental concerns. Several environmental concerns are associated with firefighting foams. The effectiveness of firefighting foams depends on their formulation and the compounds used in the manufacturing process.

Market Trends

  • Emergence of automated firefighting systems
  • Rising adoption fluorine free firefighting foams
  • Transition from C8 to C6 fluorochemicals

Key Vendors

  • Angus International Safety Group
  • DIC Corporation
  • Fabrik chemischer Praparate von Dr.
  • Johnson Controls
  • The Solberg Company

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Product

8. Customer Landscape

9. Regional Landscape

10. Market Segmentation by End-User

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/5dzs4k/the_global?w=4