Firefighting Foam Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis

The firefighting foam market was estimated at USD 758.73 million in 2022 and is likely to grow at a CAGR of 4.0% during 2023-2028 to reach USD 962.8 million in 2028.

Market Drivers:
The firefighting foam marke is driven by a host of factors, some of which are noted below:
An increase in fire-related accidents, particularly in the oil and gas industry, increases demand for effective safety measures such as firefighting foam. Furthermore, the government's strict rules and regulations require fire safety measures.