March 17, 2022 06:58 ET | Source: ReportLinker ReportLinker

New York, March 17, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Firefighting Foam Market by Type, & Region - Global Forecast to 2026" - https://www.reportlinker.com/p05492028/?utm_source=GNW Marine segment is projected to grow at a faster rate during the forecast period By end-use, marine segment is expected to grow at a highest CAGR during 2021 to 2026. In the marine industry, firefighting foams are used as a fire protection measure for various applications such as marine vessels and offshore drilling rigs. Synthetic Detergent Foam segment is projected to grow at a faster rate during the forecast period By type, synthetic detergent foam segment is expected to grow at a highest CAGR during 2021 to 2026.Synthetic detergent foam is made from a combination of hydrocarbon surfactants and solvents. This foam is ideally used for applications involving areas such as a basement, mine shaft, or a ship’s hold where volume fire control is required.. Middle East & Africa is projected to grow at a faster rate during the forecast period The Middle East & Africa region is expected to grow at a highest CAGR during 2021 to 2026.The firefighting foam market in the Middle East is majorly driven by its use in the oil & gas industry. AFFF is the largest segment of the firefighting foam market in the Middle East & Africa.AFFF is most suitable for the oil & gas industry. Since the demand for oil and gas is high in this region, this has subsequently improved the demand for AFFF in the region. Profile break-up of primary participants for the report: • By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15% • By Designation: C-level – 25%, Director Level – 30%, and Others– 45% • By Region: Asia Pacific – 40%, North America – 30%, Europe – 20%, South America – 3%, Middle East & Africa – 7% Some of the key players operating in the firefighting foam market are Johnson Controls (US), Perimeter Solutions (US), Dr. Sthamer (Germany), National Foam (US), Angus Fire (UK), Kerr Fire (UK), Eau&Feu (France), and SFFECO Global (UAE). Research Coverage: The report defines, segments, and projects the firefighting foam market based on type, material type, expansion, end-use, and region.It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It analyzes competitive developments, such product launches, and expansions, undertaken by the players in the market. Reasons to Buy the Report: The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the firefighting foam market and its segments.This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities. Read the full report: https://www.reportlinker.com/p05492028/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________