Industry Background:
Aqueous film forming foam is a concentrate used mainly as the fir suppressant agent, besides this, it is used in petrochemical plants, tank farms, military, and other applications. The foam is a combination of fluoro and hydrocarbon surfactant technologies, it has strong wetting, solvents, and stabilizing properties. It rapidly decreases the oxygen supply minimizes the fire.This growth is primarily driven by Demand for Blanket in the Form of Film in Petrochemical Industry and Growing Application of AFFF as a Fire Suppressant Agent.
Globally, a noticeable market trend is evident Emerging Number of Industrial Applications of Aqueous Film Forming Foam. Major Vendors, such as Chemguard (United States), Angus International Inc. (United States), Tyco Fire Protection (United States), Amerex Corporation (United States), Buckeye Fire (United States), Dafo Fomtec AB (Sweden), Delta Fire (United Kingdom) and DIC Corporation (Japan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
"EPA, U.S. Department of Defense, and State Partners Launch Technical Challenge Seeking Innovative Ways to Destroy PFAS in Firefighting Foam. The Innovative Ways to Destroy PFAS Challenge is a partnership between federal and states agencies seeking detailed plans for non-thermal technologies to destroy PFAS in concentrated aqueous film-forming foam (AFFF), a type of firefighting foam. This challenge is part of the significant progress the Trump EPA has made in implementing the PFAS Action Plan—the most comprehensive cross-agency plan ever to address an emerging chemical of concern."
Market Drivers
- Demand for Blanket in the Form of Film in Petrochemical Industry
- Growing Application of AFFF as a Fire Suppressant Agent
Market Trend
- Emerging Number of Industrial Applications of Aqueous Film Forming Foam
Restraints
- Regulatory Guidelines on the Production fn Usage of Aqueous Film Forming Foam
Opportunities
Surging Demand for the Aqueous Film Forming Foam in the Military Facilities
Challenges
Health-Related Impacts Associated with Aqueous Film Forming Foam if Not Handled Correctly
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Aqueous Film Forming Foam Study Sheds Light on
The Aqueous Film Forming Foam Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Aqueous Film Forming Foam industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aqueous Film Forming Foam industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.