The global demand for Portable Foam Fire Extinguisher Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A portable foam fire extinguisher is a portable firefighting system containing a smothering agent that flows over the surface of burning fuel and isolates fire from the air. It forms an aqueous film that prevents fire from spreading. The stability of the foam also prevents reignition. Portable foam fire extinguisher works on burning solids like wood and liquid fire like burning petrol. The portable foam tank present in the unit carries the foam-forming agent. It is categorized as chemical and mechanical, and it is mainly applied to Class B fires. Though this fire extinguisher is a good choice for outdoor environments, it is favored in factories, warehouses and petrol pumps.
Market Dynamics
It is predicted that the portable foam fire extinguisher market will expand during the forecast timeline. The primary factor driving its market is the increasing number of fire-related casualties and injuries and growing fire safety awareness in public places such as shopping malls, supermarkets, sports complexes, schools and hospitals, leading to the growing adoption of portable foam fire extinguishers. Government making installation of fire extinguishers mandatory in commercial premises will drive its demand. Growing infrastructural development in various regions across the globe will augment market growth. Growing preference for lightweight and easy to carry fire extinguishers will also favour its market. Furthermore, it doesn't cause any visual impairment to the user, which in turn will boost its demand. However, freezing issues and that requires refilling will restrict the growth of portable foam fire extinguisher.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of portable foam fire extinguisher. The growth and trends of portable foam fire extinguisher industry provide a holistic approach to this study.
Market Segmentation
This section of the portable foam fire extinguisher market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Less Than 15 Kg
- 15 Kg To 30 Kg
- Greater Than 30 Kg
By Application
- School
- Hotel
- Restaurant
- Shopping Mall
- Factory
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Portable Foam Fire Extinguisher market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Portable Foam Fire Extinguisher Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the portable foam fire extinguisher market include Amerex, Desautel, Kidde, Tyco, Minimax, Buckeye, Safex, Britannia Fire, and Strike First. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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