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The global fire fighting chemicals industry is being driven by the rising incidences of fire. This is especially the case in urban settings, where rapid urbanisation and growing population are leading to the informal construction of buildings that do not meet standard regulations and codes. Additionally, the increasing adoption of fire preventive measures such as fire extinguishers across industry verticals such as the oil and mining industry is projected to aid the market growth in the forecast period. Moreover, the rising investments by the government in the implementation of fire safety measures are also anticipated to aid the market growth.
The rising demand for fire fighting mechanisms, especially in public transports, to mitigate the risk of any unfortunate event is driving the market. The leading market players are investing in the manufacturing and development of efficient chemicals and solutions. This is estimated to significantly catalyse the industry growth in the forecast period. For instance, in May 2021, Johnson Controls International PLC (NYSE: JCI) announced the launch of its ANSUL® LVS non-fluorinated liquid suppression agent. This product is effective against class A and class B fires in mobile equipment in the mining, forestry, and transportation industries. These developments are expected to positively impact the growth of the fire fighting chemicals industry in the forecast period.
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The major players in the global fire fighting chemicals market are Solvay S.A., Air Products Inc., SafeQuip (Pty) Ltd., Chemguard, Linde plc, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124