Pdf for Fire Fighting Chemicals Market
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<strong>Fire</strong> <strong>Fighting</strong> <strong>Chemicals</strong> <strong>Market</strong>-2017, Growth Outlook<br />
with Industry Review and Forecasts by 2024: Global<br />
<strong>Market</strong> Insights, Inc.<br />
<strong>Fire</strong> <strong>Fighting</strong> <strong>Chemicals</strong> <strong>Market</strong> size is likely to witness steady gains in the <strong>for</strong>ecast<br />
period owing to its widening application usage in sprinkler systems, dampers,<br />
portable extinguishers, retarded bulkhead, and inert gas systems. Rising safety<br />
concerns along with favourable guidelines should drive Industry growth. Protection<br />
and reducing risk of life & property, and rising investments across various residential<br />
& commercial buildings to protect infrastructure will drive the fire fighting chemicals<br />
market demand.<br />
Global fire protection systems market size is expected to surpass USD 90 billion by<br />
2024 owing to stringent government norms with increasing accidents along with<br />
advancement in technology. Manufacturers are focusing on investing in R&D which<br />
has led to efficient and innovative flame protection products to safeguard<br />
infrastructure and reduce human losses, thus boosting fire fighting chemicals market<br />
demand.<br />
Halon, sodium chloride, monoammonium phosphate, carbon dioxide, potassium<br />
bicarbonate and potassium citrate are the chemicals used <strong>for</strong> extinguishing fire.<br />
Monoammonium phosphate or potassium bicarbonates are widely used in dry<br />
chemical extinguishers generally found in commercial spaces such as schools,<br />
hospitals, hotels, and offices. Monoammonium phosphate is sprayed from the<br />
extinguishers in finely powdered <strong>for</strong>m which coats the fuel and quickly smothers the<br />
flame.<br />
<strong>Fire</strong>s are classified on the basis of fuel as Class A, B, C, D and K. Dry chemicals are<br />
used to diminish Class A, B and C flames. Wet chemicals are used to diminish class K<br />
flames which are commonly found in commercial cooking places due to presence of<br />
potassium acetate-based agent which helps in supressing and preventing flame<br />
reflash.<br />
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<strong>Market</strong> research reports: Key analytical components<br />
Browse complete summary of this report @ https://www.gminsights.com/industryanalysis/fire-fighting-chemicals-market<br />
Global construction market size was valued at USD 8 trillion in 2016 and is expected<br />
to surpass USD 10 trillion by 2024 owing to rapid urbanization, rising infrastructure<br />
facilities in Vietnam, Philippines, Indonesia, China and India. The government is<br />
providing an aid to these economies <strong>for</strong> becoming more sustainable and is likely to<br />
increase their infrastructure budgets in the coming years. Thailand’s infrastructural<br />
spending is likely to be over USD 58.5 billion up to 2020 due to upsurge in<br />
commercial construction, thereby driving fire fighting chemicals market demand.<br />
North America led by Canada and the U.S. fire fighting chemicals market size may<br />
register significant gains over the <strong>for</strong>ecast period. Stringent regulations along with<br />
rising government expenditure <strong>for</strong> fire protection will drive industry demand in this<br />
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egion. NFPA has set various codes and standards to ensure safety including NFPA 17,<br />
7A, 45, 298, 497 and 498 which is related to chemicals used in various systems.<br />
Europe fire fighting chemicals market size, led by UK, Germany and France may<br />
witness significant gains over the <strong>for</strong>eseeable timeframe. The safety and security<br />
codes improvising in Germany along with rise in government spending will drive the<br />
fire fighting chemicals market growth.<br />
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Middle East, led by and UAE and Saudi Arabia fire fighting chemicals market size may<br />
witness steady gains over the <strong>for</strong>ecast period. Chemical industry is expected to reach<br />
USD 7 trillion by 2024 owing to easy access to raw materials, human resources and<br />
utilities, thus stimulating regional industry growth.<br />
Global fire fighting chemicals market share is moderately fragmented including<br />
various industry participants such as Chemguard, EuroChem Group, ICL, ABC<br />
MacIntosh, and Solvay S.A. Increasing R&D spending by chemical manufacturers will<br />
propel fire fighting chemicals market demand and expand global reach.<br />
About Global <strong>Market</strong> Insights<br />
Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />
research and consulting service provider; offering syndicated and custom research<br />
reports along with growth consulting services. Our business intelligence and industry<br />
research reports offer clients with penetrative insights and actionable market data<br />
specially designed and presented to aid strategic decision making. These exhaustive<br />
reports are designed via a proprietary research methodology and are available <strong>for</strong><br />
key industries such as chemicals, advanced materials, technology, renewable energy<br />
and biotechnology.<br />
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Arun Hegde<br />
Corporate Sales, USA<br />
Global <strong>Market</strong> Insights, Inc.<br />
Phone: 1 302-846-7766<br />
Toll Free 1 888-689-0688<br />
Email:sales@gminsights.com<br />
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