The oil & gas segment is anticipated to register the highest CAGR of 3.9% during the forecast period. Moreover, the segment held the largest share in 2020, accounting for nearly one-third of the market. This is due to wide use of firefighting foams in the oil & gas industry, as the sector is prone to …
Tag Archives: Firefighting Foam
Firefighting Foam Market to Derive Growth From the Increasing Number of Company Collaborations and Acquisitions Across the World
The AFFF segment held the largest share in 2020, accounting for around one-third of the global firefighting foam market. The segment would dominate the market throughout the forecast period. In addition, the segment is expected to register the fastest CAGR of 3.9% by 2027. The aqueous film forming foam (AFFF) can be used in both …
Firefighting Foam Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights 2020 – 2027
Rise in demand from end-use industries and government rules and regulations regarding fire safety have propelled the growth of the global firefighting foam market. By type, the aqueous film forming foam (AFFF) held the largest market share in 2018. Contrarily, by end user, the oil & gas segment dominated the market in 2018. Moreover, the …