Firefighting Chemicals Market Size, Share & Industry Analysis By Type (Dry, Wet), By Application (Portable Fire Extinguishers, Automatic Fire Sprinklers, Fire retardant Bulkhead, Fire Dampers, Others) and Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Firefighting chemicals are the chemicals that are used to inhibit fire and end it from source. They are mostly suppressants in wet or dry form. These chemicals are used mostly for fires in enclosed spaces like basements and hangars. Dry chemicals are mainly used to extinguish fires by hindering the fuel break down into free radicals during combustion. Whereas, wet chemicals contain mostly of potassium carbonate, potassium acetate, and potassium citrate. These agents with water when used forms a foam blanket and reacts with the elements in fire and thus extinguishes it.
Stringent rules imposed by Occupational Safety and Health Administration (OSHA) and other regulatory authorities for worker safety and public safety are expected to drive the market. For instance, the Occupational Safety and Health Administration Act of 1970 states that employers are responsible for providing healthy and safe workplaces for their employees. Additionally the European Automobile Manufacturers Association has set guidelines for vehicular safety which include fire safety as well. This can be a potential driver for the market growth.
Key Market Driver -
Stringent regulations imposed by regulatory authorities like OSHA & NHTSA.
Key Market Restraint -
Environmental concern regarding the FFC wastes.
Growing environmental concerns regarding the residual waste of Fire Fighting Chemicals has urged the regulatory authorities to set guidelines regarding the use of suppressants and disposal of waste generated by them.
Market Segmentation:
Based on type, the market is segmented into dry and wet chemicals. Based on application, the market is segmented into portable fire extinguishers, automatic fire sprinklers, fire retardant bulkhead, fire dampers and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global is fairly consolidated with a number of global & regional players operating. Some of the key players in the material market includes Solvay S.A., Merck, Linde, Orchidee Europe BVBA, Firechem, Chemguard, Tyco International and Others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the Firefighting Chemicals Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
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The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the dominating region in the fire-fighting chemicals attributed to the stringent safety rules imposed by OSHA and National highway Traffic Safety Administration (NHTSA). Asia Pacific is the fastest growing region attributed to the emerging economies like China, India, and South Korea. The rise in demand for protective equipment from end-use industries for worker safety is surging the market growth. Europe is expected to show significant growth due to the safety guidelines and standards set by European Automobile Manufacturers Association (ACEA) and Fire Safe Europe. The Latin America Middle East and Africa are set to witness a sluggish growth by the end of forecast period.
Segmentation
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Firefighting Chemicals Industry Developments
- In March 2017, Orchidee set up a new liquid production plant in Tisselt, Belgium. The plant produces for foams and water additives. This plant is equipped with new modern facilities, fully automated and computerized with double of the initial production capacity.
- Ongoing
- 2023
- 2019-2022
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