Fire Fighting Chemical Market Forecasts to 2030 - Global Analysis By Type (Dry Chemicals, Foam-Based, Wet Chemicals, Gaseous Chemicals, Water Additives, and Other Types), Chemical Composition, Application, End User and By Geography

According to Stratistics MRC, the Global Fire Fighting Chemical Market is accounted for $2.84 billion in 2024 and is expected to reach $3.90 billion by 2030 growing at a CAGR of 5.4% during the forecast period. Fire fighting chemicals are a group of substances that are used to stop or manage fires by preventing them from burning. These chemicals, which are essential for efficient fire management in a variety of applications, including the commercial, industrial, residential, and aviation sectors, comprise foam concentrates, dry chemical powders, water additives, and extinguishing agents like halon substitutes.

According to the European Public Real Estate Association, Germany, the United Kingdom, and France include the largest commercial real estate markets, worth approximately USD 4.8 trillion as of December 2022. According to the US Census Bureau, the United States spent USD 1,809.8 billion on construction-related costs in December 2022.

Market Dynamics:

Driver:

Increasing urbanization and industrialization

Growing industrialization and urbanization are major factors propelling the market for fire fighting chemicals. Building and infrastructure densities increase with the size of metropolitan regions, increasing the likelihood of fire hazards. In both residential and commercial premises, this tendency calls for the installation of sprinkler systems, fire extinguishers, and other suppression devices as well as other efficient fire protection measures. Rapid industrial growth also frequently leads to unofficial construction methods that might not follow strict safety standards, which raises the risk of fire. In order to maintain public safety and property protection, governments are enforcing safety laws and investing in infrastructure development, which increases demand for fire fighting chemicals.

Restraint:

High costs of fire fighting chemicals

The elevated cost of fire fighting chemicals is a major market obstacle that affects both producers and consumers. Due to shifting raw material prices and supply chain interruptions, the cost of essential substances like potassium bicarbonate and monoammonium phosphate has fluctuated. Costs are further increased by the fact that creating environmentally acceptable substitutes frequently necessitates a large investment in research and development. Consequently, widespread adoption and adherence to safety rules in a variety of sectors may be impeded by the high costs of fire fighting chemicals.

Opportunity:

Government regulations and standards

Globally, governments are enforcing more stringent fire safety laws that mandate the use of authorized fire fighting supplies and equipment. The kinds of chemicals that can be employed in various applications and their performance requirements are frequently specified by these laws. Businesses and organizations must abide by these rules in order to avoid fines and protect the security of their clients and staff. The need for fire fighting chemicals that meet or beyond regulatory standards is rising as a result of the increased emphasis on fire safety.

Threat:

Competition from alternative technologies

Innovative technologies like water mist systems and nanotechnology, which provide improved fire response capabilities and sustainability, are competing with conventional firefighting options. While nanotechnology and smart firefighting systems combine sensors and automated suppression techniques, water mist systems use tiny droplets to put out fires. Industries looking for environmentally acceptable solutions find these eco-friendly substitutes intriguing, which forces conventional chemicals to develop and adapt in order to stay competitive in the changing market environment.

Covid-19 Impact

The COVID-19 epidemic affected the fire fighting chemicals market in a number of ways. At first, lockdowns and other limitations caused major disruptions in the construction sector, which resulted in project delays and a brief drop in demand for fire safety supplies. But as the pandemic spread, people's health and safety became more important, and governments accelerated the building of medical facilities and tightened fire safety laws. As a result of this change, businesses and institutions began to prioritize fire safety measures in their reopening strategies, which revived demand for fire fighting chemicals, especially in portable extinguishers and automatic systems.

The dry chemicals segment is expected to be the largest during the forecast period

The dry chemicals segment is estimated to be the largest, due to their effectiveness and versatility in extinguishing various types of fires. Such compounds, like potassium bicarbonate and monoammonium phosphate, are especially prized for their capacity to put out Class A, B, and C fires, which makes them appropriate for a variety of uses in commercial, industrial, and residential contexts. The need for dry chemical fire extinguishers is also being driven by the increased focus on safety standards and regulations, which further solidifies their status as crucial fire suppression equipment.

The oil and gas segment is expected to have the highest CAGR during the forecast period

The oil and gas segment is anticipated to witness the highest CAGR during the forecast period, due to the inherent fire risks imposed on by combustible materials and dangerous practices. Strict fire safety regulations are required when volatile materials like natural gas and crude oil are present in order to safeguard people and property. The need for specialist fire fighting chemicals in this industry is further fuelled by continuous investments in safety infrastructure and training initiatives, which highlight the significance of fire prevention and response tactics.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period due to the increasing rate of urbanization, industrialization, and infrastructural development, which has raised worries about fire safety. Effective fire safety measures are required due to the growing investments in the industrial, construction, and oil and gas industries. Demand for environmentally friendly fire fighting products, such fluorine-free foams, is also being driven by growing environmental consciousness. Additionally, the need for effective fire control technologies is growing throughout the region due to an increase in natural disasters like wildfires.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period, because government authorities have enforced strict safety regulations and standards, which have made the usage of efficient fire suppression technologies necessary in a variety of industries. More money is being spent on cutting-edge fire fighting equipment as a result of increased awareness of fire safety brought on by the rising frequency of wildfires and industrial catastrophes. The region's market is expanding as a result of the focus on sustainable and eco-friendly products, which is also driving the creation and uptake of eco-friendly fire retardants and foams.

Key players in the market

Some of the key players profiled in the Fire Fighting Chemical Market include The 3M Company, Solvay S.A., Perimeter Solutions, Johnson Controls, Tyco Fire Products LP, Chemguard, Dr. Sthamer, National Foam, Angus Fire, Ansul Incorporated, DuPont de Nemours, Inc., Firechem, AkzoNobel N.V., BASF SE, Foamtech Antifire Company, Clariant International Ltd., Orchidee, Nohmi Bosai Ltd., Kerr Fire and Amerex Corporation.

Key Developments:

In January 2023, 3M launched a high-performance, fluorine-free firefighting foam, aimed at addressing environmental sustainability while maintaining firefighting efficiency in industrial and aviation applications.

In June 2022, Johnson Controls launched a next-generation, eco-friendly fire suppression foam designed to meet stringent environmental regulations while providing enhanced fire performance in oil and gas facilities.

In March 2022, Perimeter Solutions launched a new line of environmentally friendly fire retardants, branded as PHOS-CHEK(R) FORTIFY, designed for long-term wildfire protection and prevention in forestry and wildland fire fighting.

In July 2021, Solvay introduced new fluorine-free fire fighting foam aimed at replacing traditional PFAS-based foams, in response to environmental concerns and regulatory pressure.

Types Covered:

• Dry Chemicals
• Foam-Based
• Wet Chemicals
• Gaseous Chemicals
• Water Additives
• Other Types

Chemical Compositions Covered:

• Monoammonium Phosphate
• Halon
• Carbon Dioxide
• Potassium Bicarbonate
• Sodium Chloride
• Other Chemical Compositions

Applications Covered:

• Portable Fire Extinguishers
• Automatic Fire Sprinkler Systems
• Fire Retardant Bulkheads
• Fire Dampers
• Other Applications

End Users Covered:

• Oil & Gas
• Construction
• Automotive
• Aviation
• Marine
• Commercial & Residential
• Mining
• Defense & Military
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances