Global Flame Retardants Market (2019-2025) | Analysis, Size, Revenue, Trends, Growth, Forecast, Industry, Outlook, Value & Segmentation

Latest 2023 Developments of the Global Flame Retardants Market

Global Flame Retardants Market is witnessing innovation scientists are attempting to utilize sound waves to extinguish fires. Researchers from the National Institute of Standards and Technology (NIST) discovered promising green fire retardants using components such as clay, crab shell fiber, and DNA. Caseins—proteins found in milk that are a by-product of cheese production—have also been shown to be a viable alternative to flame retardants by Italian researchers. Manufacturers of flame retardants are also trying to develop the industry by finding solutions which are more ecofriendly and sustainable development driven such as epoxy resins, polyurethane resins, and polyester resins etc.

Merger And Acquisition:

• On 31 Jan 2020, BASF closed the acquisition of Solvay’s polyamide business.
• On 25 Feb 2021, Albemarle entered definitive agreement to sell fine chemistry services business to W.R. Grace & Co.
• On 14 Feb 2021, LANXESS signed contract to acquire Emerald Kalama Chemical.

Global Flame Retardants Market Synopsis

An increase in infrastructure activities, rapid urbanization, a rise in safety standards in construction activities, rising electrical & electronics goods manufacturing, and advancement in technology are some of the key growth drivers of the global flame retardants market. The advent of nanotechnology is expected to play a major role in the growth of flame retardant markets. However, health and environmental concerns would restraint the growth of the flame retardants market.

According to 6Wresearch, the Global Flame Retardants Market size is anticipated to register substantial growth during 2019-2025. The increase in infrastructural activities in the Asia Pacific region owing to the various government initiatives like “Smart City Mission” in India, the “Belt and Road Initiative” of China would drive the flame retardants chemical market during the forecast period. The demand for electronics products is projected to grow rapidly due to the low-cost electronic substitutes and availability of cheap labor, thereby giving a boost to the flame retardants market. China is the leading revenue-generating country in the region followed by India in terms of textile and electronic manufacturing industries and flame retardants are widely used in these industries.

non-halogenated compounds are expected to maintain their dominance over the forecast period due to the low risks to the environment.  Amongst the halogenated compounds, brominated flame-retardants are majorly used in furniture, electronics, building materials, and automobiles to slow the growth of the fire. Aluminum trihydroxide, which is a non-halogenated compound is the most commonly used in cables, wires, roofing, and furnishing, etc. 

Global Flame Retardants Market report thoroughly covers the market by its product types, end-user industry, and regions including North America, Europe, APAC, Middle East and Africa, and the Rest of the World and key countries. Global flame-retardant market outlook report provides an unbiased and detailed analysis of the Global flame-retardant market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their strategies accordingly to the future and current market dynamics.

Nowadays the global flame retardants market having opportunities and increase in the demand of the flame retardants market. Due to the rise in the flame retardants electronic industry and decreasing in the flammability that is semiconductors and substance growth is factor-based in the market. The flammable plastic materials are electronic applications and mechanical parts such as cables, modern vehicles, textiles, polymer formulations. The high range of fire is a risk. The flame retardants have been adding materials such as structural, mechanical. There are decorative components such as mechanical faults, overheating, and electrical short circuits. The automotive industry is going to the consumer this expected to assist the market to seek potential growth prospect in the coming future. HBCDD is used for automotive textiles, plastic cabinets and casings, and insulation panels. The market of flame retardants is safe for the passengers as small flames such as matches, and cigarettes.

According to research, the report segments define the global flame retardants market is based on the geography, end-use industry, basis of type, and application. On the base of the type, the market having differently segmented such as brominated flame retardants, antimony trioxide, phosphorus fire retardants, alumina trihydrate, and chlorinated flame retardants. On the base of the application, the global flame retardants market is facing the bifurcated into unsaturated polyester resins, rubber, epoxy resins, polyolefins, PVC. Based on the end-user industry the global flame retardants market is segmented such as electronics, automotive & transportation, and construction. According to geography conditions, the global flame retardants market is having differently segmented such as Asia-Pacific, Europe, and North America.

The Global flame retardants market is expected to witness significant growth in the coming years backed by the rising deployment of the product in electronic devices to enhance the flammability of the electronic devices. The rising adoption of flame retardants in the textile industry backed by the rising demand for the product for the prevention of fire incidents is expected to spur the growth of the Global flame retardants market in the upcoming six years. Further, an increase in the fire safety rules and regulations across the globe is anticipated to leave a positive impact on the global flame retardants market in the upcoming six years.

The global flame retardants market is projected to find its true potential underpinned by the increased purchase of consumer products. As consumer electronics purchase is been rising due to increased need of the consumers such as laptops, mobiles, and computer, and simultaneously flame retardants adoption would also increase during manufacturing and is estimated to bolster the growth of the global flame retardants market in the upcoming six years.

Key Highlights of the Report:

• Global Flame Retardants Market Overview
• Global Flame Retardants Market Outlook
• Global Flame Retardants Market Forecast
• Historical Data of Global Flame Retardants Revenues for the Period 2015-2018
• Global Flame Retardants Market Size and Forecast of Revenues, Until 2025
• Historical Data of Global Flame Retardants Market Revenues, By Product Types, for the Period 2015-2018
• Market Size & Forecast of Global Flame Retardants Market Revenues, By Product Types, until 2025
• Historical Data of Global Flame Retardants Market Revenues, By End Users Industry, for the Period 2015-2018
• Market Size & Forecast of Global Flame Retardants Market Revenues, By End Users Industry, until 2025
• Historical Data of North America Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of North America Flame Retardants Market Revenues, until 2025
• Historical Data of Europe Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Europe Flame Retardants Market Revenues, until 2025
• Historical Data of APAC Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of APAC Flame Retardants Market Revenues, until 2025
• Historical Data of the Middle East & Africa Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of the Middle East & Africa Flame Retardants Market Revenues, until 2025
• Historical Data of Rest of World Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Rest of World Flame Retardants Market Revenues, until 2025
• Market Drivers and Restraints
• Global Flame Retardants Market Price Trends
• Global Flame Retardants Market Trends and Industry Life Cycle
• Global Flame Retardants Market Share, By Regions
• Global Flame Retardants Market Share, By Players
• Global Flame Retardants Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Global Flame Retardants Market report provides a detailed analysis of the following market segments:

• By Product Types:

  • Non -Halogenated Flame Retardant Chemicals
    • Aluminumtrihydroxide
    • Antimony Oxides
    • Organophosphorus
    • Others
  • Halogenated Flame Retardants Chemicals
    • Brominated Compounds
    • Chlorinated Compounds

By End User Industry:

• Electrical & Electronics
• Plastic Manufacturing
• Textiles & Furniture
• Others

By Regions:

• North America
• Europe
• APAC
• Middle East & Africa
• Rest of the World