Flame Retardants Market
Flame Retardants Market Abstract:
Flame Retardants Market is estimated to be witnessed a significant growth of Million metric tons by 2022 with CAGR of 5.86 % between 2016 and 2022.
Flame Retardants in the industry and anticipated to continue its rising growth over the assessment period. Epoxy resins and polyolefin are the most used advanced coatings in the industry as they offer extraordinary high flame retardant flame capacity and used as a coating in the end-use industries. The use of fire resistant materials in construction industry is expected to grow in the coming years due to its insulation ability offered by the product. Additionally, the growing investments and rise in the disposable income have resulted into a notable growth in the market in the last couple of years.
Flame Retardants are coatings used for protection from hazardous impact of fires on human beings, equipment and environment. It has excellent recyclable and thermal resistant properties. The market has driven by the growing consumption of fire resistant materials in electrical & electronics and automotive industries. These factors have led the major manufacturers and investors to adopt these materials in end-use industries. The market is forecasted to demonstrate a stunning growth by 2022, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2016 – 2022).
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Flame Retardants Market Application:
Flame Retardants are found in various applications such as plastics, fabrics, cable and wires, polyurethane foam, and others. Increasing in demand for building and construction, electronics and transportation industries will boost the market of flame retardants. Substitutes such as magnesium hydroxide (MDH) for flame retardants might hamper the global flame retardant market. Increasing in demand of plastic Industry and new regulation to improvement safety towards are the main drivers of flame retardants market. In addition, Flame retardants has a toxicity issue at the time of flame retardant production process which could affect the market near future.
The growing popularity of these coatings a have forced the major manufacturers and investors to shift their focus from halogenated to non-halogenated flame retardants as they offer excellent protection and anti-toxic nature. Moreover, the ample availability of raw materials such as epoxy resins and polyolefin have resulted into a surge in demand in the market.
Study Objectives of Flame Retardants Market:
To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the global flame retardants Market
To understand the supply and demand dynamics including supply and consumption concentration mapping
To provide region level market analysis and future outlook for North America, Europe, Asia, and Rest of the World (ROW) and their countries
To provide competitor positioning of the market
To provide company profiling of major players in the market along with their production and capacity
To provide regional trade analysis
To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market
Flame Retardants Market Key Players:
Flame Retardants Market are: BASF SE (Germany), Albemarle Corporation (US), Chemtura Corporation (US), The Dow Chemical Co (US), Clariant International Ag (Switzerland), Akzo Nobel NV (Netherlands), China Antimony Chemicals Co. Ltd (China) and others.
Flame Retardants Market Intended Audience:
Flame Retardants manufacturers
Traders and distributors of flame retardants
Production Process industries
Raw material suppliers
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Flame Retardants Market Regional Analysis:
Asia Pacific is the largest market of flame retardants due to demand in various applications such as plastics, fabrics, cable and wires, polyurethane foam, and others followed by increasing the growth of flame retardants market in North America region. The third largest market of flame retardants is Europe. Latin America and Middle East also witnessed in growth of flame retardants market due to various application such as transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.
Flame Retardants Market Competitive Landscape:
Flame Retardants Market has observed a significant growth in the market due presence of major industries such as Albemarle, ICL, Chemtura, Clariant, Italmatch Chemicals, Huber Engineered Materials, BASF SE, Thor Group Ltd., Lanxess AG and DSM. These players compete with each other’s on quality, price, and composition. They are widely used in construction, oil & gas industries as it provides thermal resistance and safety to the product. The continuous innovation and technological advancement have boosted the fire resistant materials in the market.
Flame Retardants Market Segmentation:
Flame Retardants Market is majorly segmented on the basis of types, application, end users and region. Based on types of flame retardants market is segmented into brominated, phosphorus, nitrogen, chlorinated, metal hydrate and others. Based on application of flame retardants the market is segmented into plastics, fabrics, cable and wires, polyurethane foam, and others. Based on end user the market segmented into transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.
Flame Retardants Market Table of Content:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain of Global Flame Retardants Market
5 Industry Overview of Global Flame Retardants Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
Flame Retardants Market Table of Content to be Continue…….,
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