- Dry Powder Fire Extinguisher
- Foam Extinguisher
- Water Extinguisher
- Wet Chemical Extinguisher
- Carbon dioxide Extinguisher
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.
Fastest Growing Market
The fire extinguisher market is expected to grow over the forecasted period due to the increasing consciousness of people about the harmful environmental and health effects caused by the fluorinated gases in traditional fire extinguishers. In addition, various regulatory bodies across the globe have imposed strict regulations on the use & disposal of fluorinated gases. For instance, the United States Environmental Protection Agency has restricted the use of fluorinated gasses in fire extinguishers and encourages to use of non-toxic eco-friendly alternatives. Such regulations are expected to drive the growth of the fluorine-free fire extinguishers market at a significant over the forecast years.
The 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.
The increasing consciousness of harmful effects caused by fluorinated gasses is expected to drive market growth over the forecast period.
The leading players in the global Fire Extinguisher market are Securiton AG., Fireaway Inc., Dafo Fomtec AB., Safety Technology International., C-TEC., MOBIAK., Kentec Electronics., Amerex Corporation, Minimax Viking Group, Jactone Products Limited, Cease Fire Industries Pvt. Ltd, Emme Antincendio Srl.
Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation, and Seven years forecast is presented from 2023– 2029.