Flame Retardant Market Dynamics, Growth Prospect and Consumption Analysis till 2025

Posted on 2021-08-13 by researchinsights in Chemicals // 0 Comments

San Jose, California , USA, Aug 13, 2021 — /EPR Network/ —

The Flame Retardant Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.

Market Insights

The global flame retardant market size was valued over USD 6.27 billion in 2015. Flame retardant is a key component reducing the impact of fires on people, property, and environment. Flame retardants either prevent the fire from starting or slow it down significantly. The growth in industries such as construction, transportation, and electrical & electronics is expected to propel market demand over the forecast period.

Request a Sample Copy of Flame Retardant Market Report @ https://www.millioninsights.com/industry-reports/flame-retardant-market/request-sample

Drivers

Governments around the world have framed stringent regulations aimed at reducing destruction caused to life and property due to fire. Government regulation pressure and growing awareness regarding fire safety among industry participants are expected to boost market demand.

Product Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

Halogenated Flame Retardants
Brominated FR
Chlorinated Phosphates
Antimony Trioxide
Others
Non Halogenated Flame Retardants
Aluminum Hydroxide
Magnesium Dihydroxide
Phosphorous Based
Others

Application Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

Polyolefins
Epoxy resins
Unsaturated Polyester
Polyvinyl Chloride
Engineering Thermoplastics
Rubber
Styrenics
Others

End-Use Outlook (Volume, Kilo Tons, Revenue; USD Million, 2014 – 2025)

Construction
Transportation
Electrical & Electronics
Others

Top Players Analysis covered in these report

BASF
Albemarle
Chemtura
ICL
Clariant International Ltd
Italmatch Chemicals
Thor Group Ltd and many others

Access Flame Retardant Market Report with TOC @ https://www.millioninsights.com/industry-reports/flame-retardant-market

Regional Insights

Asia Pacific was the major regional segment and accounted for over 45% of total volume in 2015. High demand from countries such as China, Japan, and India are benefitting the market growth. The upcoming electrical & electronics manufacturing hubs coupled with a positive outlook for construction sector is expected to drive the flame retardant market over the forecast period.

The growing pressure of regulatory agencies such as REACH and European Flame Retardant Association (EFRA) is driving the demand for these products in Europe. Europe consumed over 600 kilotons in 2015. The presence of a large number of end-use industries is expected to boost market growth in this region.

Visit Our Blog: https://marketreportsassistance.wordpress.com

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Matched content

Editor’s pick