Flame Retardant Chemicals Market

SKU: DMCH364 | Last Updated On: Jan 06 2023 | Available Formats

> Global Flame Retardant Chemicals Market Expected to reach a high CAGR 4.70% By 2029: DataM Intelligence

Global Flame Retardant Chemicals Market is segmented By Chemistry (Aluminum trihydroxide (ATH), Brominated, Antimony Oxides, Chlorinated, Organophosphorus), By End-User Industry (Building and Construction Industry, Electrical and Electronics, Plastic Industry, Textiles Industry, Rubber Industry, Automotive, and Transportation), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

The Global Flame Retardant Chemicals Market is expected to grow at a CAGR of 4.70% during the forecasting period (2022-2029).

Flame Retardant Chemicals Market Scope and Summary

Metrics

Details

Market CAGR

4.70%

Segments Covered

By Chemistry, By End-User Industry, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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  • Flame retardants also known as fire retardants are chemicals that are added to plastics, woods, textiles, or other materials to minimize their flammability.
  • In addition, increasing fire safety regulations in countries such as Japan, Germany, the United States, and developing countries will drive the market for flame retardants soon.
  • The flame retardants market is segmented based on chemistry such as aluminum trihydroxide, brominated, antimony oxides, chlorinated, organophosphorus, and others. Aluminum hydroxide is the most significant single flame retardant at 34% share. Second is the halogenated flame retardant systems comprising brominated and chlorinated products which are commonly used together with the synergist antimony trioxide, in total 27%.
  • The market is further classified based on various end-user industries such as building & construction, electrical & electronics, plastic industry, textiles, rubber, automotive & transportation, and others.
  • The consumption of flame retardants has grown substantially in the past five years, notably in electronics, and will continue to grow at a high CAGR between 2018 and 2026.
  • The report segments the geographies by region, which include North America, South America, Europe, Asia Pacific, and the Rest of the World. Asia-Pacific is the leading market for flame retardants, followed by Europe and North America. Asia-Pacific is expected to grow at a higher pace owing to increasing safety concerns and the growth of various end-use industries in the developing economies in the region.
  • The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. The report profiles the following companies, which include Albemarle, Clariant AG, Lanxess SA, Chemtura, Huber Engineered Materials, and BASF SE.

 

Frequently Asked Questions

What is the Flame Retardant Chemicals Market growth?

The market is growing at a CAGR of 4.70%.

What is the Flame Retardant Chemicals Market size in 2021?

The Market size was valued at USD YY million in 2021.

Who are the key players in the Flame Retardant Chemicals Market?

Major Players are Albemarle, Clariant AG, Lanxess SA, Chemtura, Huber Engineered Materials, and BASF SE.

 

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