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Fire Fighting Chemical Trends and Forecast
The future of the global fire fighting chemical market looks promising with opportunities in the portable fire extinguisher, automatic fire sprinkler, fire retardant bulkhead, and fire damper markets. The global fire fighting chemical market is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 3.5% from 2024 to 2030. The major drivers for this market are increasing number of fire related accidents and rising demand for portable fire extinguishers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fire Fighting Chemical by Segment
The study includes a forecast for the global fire fighting chemical by type, chemical, application, and region.
Fire Fighting Chemical Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Dry Chemicals
• Wet Chemicals
• Dry Powder
• Foam Based
Fire Fighting Chemical Market by Chemical [Shipment Analysis by Value from 2018 to 2030]:
• Monoammonium Phosphate
• Halon
• Carbon Dioxide
• Potassium Bicarbonate
• Potassium Citrate
• Sodium Chloride
• Others
Fire Fighting Chemical Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Portable Fire Extinguishers
• Automatic Fire Sprinklers
• Fire Retardant Bulkhead
• Fire Dampers
• Others
Fire Fighting Chemical Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fire Fighting Chemical Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fire fighting chemical companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fire fighting chemical companies profiled in this report include-
• Angus Fire
• DIC
• Fire Safety Devices
• Foamtech Antifire Company
• Johnson Controls
Fire Fighting Chemical Market Insights
Lucintel forecasts that dry chemical is expected to witness the highest growth over the forecast period due to their non-conductive feature, which makes them suitable for extinguishing electrical fires.
Within this market, portable fire extinguisher will remain the largest segment due to its rising usage among residential and commercial sectors given to its affordability, compact size, and ease of deployment.
North America is expected to witness highest growth over the forecast period due to existence of well-established chemical production facilities and presence of key players in the region.
Features of the Global Fire Fighting Chemical Market
Market Size Estimates: Fire fighting chemical market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fire fighting chemical market size by type, chemical, application, and region in terms of value ($B).
Regional Analysis: Fire fighting chemical market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, chemicals, applications, and regions for the fire fighting chemical market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fire fighting chemical market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the fire fighting chemical market size?
Answer: The global fire fighting chemical market is expected to reach an estimated $3.8 billion by 2030.
Q2. What is the growth forecast for fire fighting chemical market?
Answer: The global fire fighting chemical market is expected to grow with a CAGR of 3.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the fire fighting chemical market?
Answer: The major drivers for this market are increasing number of fire related accidents and rising demand for portable fire extinguishers.
Q4. What are the major segments for fire fighting chemical market?
Answer: The future of the fire fighting chemical market looks promising with opportunities in the portable fire extinguisher, automatic fire sprinkler, fire retardant bulkhead, and fire damper markets.
Q5. Who are the key fire fighting chemical market companies?
Answer: Some of the key fire fighting chemical companies are as follows:
• Angus Fire
• DIC
• Fire Safety Devices
• Foamtech Antifire Company
• Johnson Controls
Q6. Which fire fighting chemical market segment will be the largest in future?
Answer: Lucintel forecasts that dry chemical is expected to witness the highest growth over the forecast period due to their non-conductive feature, which makes them suitable for extinguishing electrical fires.
Q7. In fire fighting chemical market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to existence of well-established chemical production facilities and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fire fighting chemical market by type (dry chemicals, wet chemicals, dry powder, and foam based), chemical (monoammonium phosphate, halon, carbon dioxide, potassium bicarbonate, potassium citrate, sodium chloride, and others), application (portable fire extinguishers, automatic fire sprinklers, fire retardant bulkhead, fire dampers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Fire Fighting Chemical Market, Fire Fighting Chemical Market Size, Fire Fighting Chemical Market Growth, Fire Fighting Chemical Market Analysis, Fire Fighting Chemical Market Report, Fire Fighting Chemical Market Share, Fire Fighting Chemical Market Trends, Fire Fighting Chemical Market Forecast, Fire Fighting Chemical Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Fire Fighting Chemical Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fire Fighting Chemical Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fire Fighting Chemical Market by Type
3.3.1: Dry Chemicals
3.3.2: Wet Chemicals
3.3.3: Dry Powder
3.3.4: Foam Based
3.4: Global Fire Fighting Chemical Market by Chemical
3.4.1: Monoammonium Phosphate
3.4.2: Halon
3.4.3: Carbon Dioxide
3.4.4: Potassium Bicarbonate
3.4.5: Potassium Citrate
3.4.6: Sodium Chloride
3.4.7: Others
3.5: Global Fire Fighting Chemical Market by Application
3.5.1: Portable Fire Extinguishers
3.5.2: Automatic Fire Sprinklers
3.5.3: Fire Retardant Bulkhead
3.5.4: Fire Dampers
3.5.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fire Fighting Chemical Market by Region
4.2: North American Fire Fighting Chemical Market
4.2.2: North American Fire Fighting Chemical Market by Application: Portable Fire Extinguishers, Automatic Fire Sprinklers, Fire Retardant Bulkhead, Fire Dampers, and Others
4.3: European Fire Fighting Chemical Market
4.3.1: European Fire Fighting Chemical Market by Type: Dry Chemicals, Wet Chemicals, Dry Powder, and Foam Based
4.3.2: European Fire Fighting Chemical Market by Application: Portable Fire Extinguishers, Automatic Fire Sprinklers, Fire Retardant Bulkhead, Fire Dampers, and Others
4.4: APAC Fire Fighting Chemical Market
4.4.1: APAC Fire Fighting Chemical Market by Type: Dry Chemicals, Wet Chemicals, Dry Powder, and Foam Based
4.4.2: APAC Fire Fighting Chemical Market by Application: Portable Fire Extinguishers, Automatic Fire Sprinklers, Fire Retardant Bulkhead, Fire Dampers, and Others
4.5: ROW Fire Fighting Chemical Market
4.5.1: ROW Fire Fighting Chemical Market by Type: Dry Chemicals, Wet Chemicals, Dry Powder, and Foam Based
4.5.2: ROW Fire Fighting Chemical Market by Application: Portable Fire Extinguishers, Automatic Fire Sprinklers, Fire Retardant Bulkhead, Fire Dampers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fire Fighting Chemical Market by Type
6.1.2: Growth Opportunities for the Global Fire Fighting Chemical Market by Chemical
6.1.3: Growth Opportunities for the Global Fire Fighting Chemical Market by Application
6.1.4: Growth Opportunities for the Global Fire Fighting Chemical Market by Region
6.2: Emerging Trends in the Global Fire Fighting Chemical Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fire Fighting Chemical Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fire Fighting Chemical Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Angus Fire
7.2: DIC
7.3: Fire Safety Devices
7.4: Foamtech Antifire Company
7.5: Johnson Controls
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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