Fire Extinguisher Market by Type (Dry Powder Fire Extinguisher, Foam Extinguisher, water Extinguisher, Wet Chemical Extinguisher, Carbon dioxide Extinguisher, Others), by End User (Commercial, Residential, Transportation, Industrial), by Application (Electrical Fires, Oil & Gas Fires, Cooking Fires, Others), and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) and forecast to 2029

Fire Extinguisher Market was valued at USD 2,853.7 million in 2022 and is expected to grow at an 8.9% CAGR from 2023 to 2029. Fluorine-free fire extinguishers are used to extinguish class A, class B, and class F types of fires. Fluro organic compounds are commonly used in fire extinguishers owing to their performance. But some of the fluorinated substances are recognized to have a harmful effect on human health and the environment. As a result, the fire extinguisher manufacturers increased their focus on research and development of new advanced fluorine-free foam concentrates which is expected to drive the growth of the fluorine-free fire extinguisher market over the forecasted period. The growing awareness about the harmful effects of fluorinated gases on the environment from traditional fire extinguishers has resulted in the implementation of strict government regulations across the world which results in increasing demand for eco-friendly fire extinguishers such as fluorine-free fire extinguishers. In addition, the increasing focus on workplace safety, building codes, and compliance regulations is expected to increase the demand for fluorine-free extinguishers in industrial and commercial sectors.  Furthermore, the increasing focus of market players in research and development has resulted in the development of advanced technology such as pressure swing adsorption in fluorine-free fire extinguishers. However, the availability of alternative fire extinguishers like water-mist and foam-based fire extinguishers is expected to hinder the growth of the fluorine-free fire extinguishers market. Geographically, the North America region held the major market share in 2022 and is expected to dominate the global fluorine-free fire extinguishers market in the forecasted years.

Fire Extinguisher Market Key Developments:
In March 2022, Emme Antincendio Srl launched Fire Extinguisher 6L Foam ABF Model -22066-91 which is 100% free from PFAS-FREE, PFOS-FREE, and PFOA.
In March 2023, the new fluorine-free foam was added to the P50 Service-free Extinguishers Range.