Firefighting Foam Market Share, Segmentation and Forecast to 2028

 The rise in demand for energy across the globe acts as one of the major factors driving the growth of firefighting foam market. The increase in fire-related accidents leading to casualties and loss of property, and growth in awareness regarding environmentally safe products accelerate the market growth. The implementation of stringent rules and regulations by governments that mandate fire safety measures, and increase in research and development activities regarding fluorine-free firefighting foam further influence the market. Additionally, rapid industrialization and urbanization, advance in the amount of restricting the standardized regulatory body, growth in consumer awareness and usage of water as a fire extinguisher positively affect the firefighting foam market. Furthermore, technologies to mitigate current issues related to firefighting foam extends profitable opportunities to the market players in the forecast period of 2021 to 2028.





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