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

Latest 2023 Developments of the North America Flame Retardants Market

North America Flame Retardant Market is witnessing innovation as scientists are trying to find a way to use sound waves to quash fires. Researchers at the National Institute of Standards and Technology (NIST) found promising green fire retardants using ingredients like a dash of clay, a dab of fibre from crab shells, and a dollop of DNA. On 26th May 2021, Teknor Apex released four new flame retardant wire and cable jacketing compounds which are being recognized as low-smoke, flame retardant jacketing compounds and halogen-free.

Mergers And Acquisition:

• In 2019, Albemarle completed the acquisition of 60% ownership in the Wodgina spodumene mine and formed MARBL Lithium Joint Venture with Mineral Resources Limited on Oct. 31, 2019.
• On 25 Feb 2021, Albemarle entered a definitive agreement to sell the fine chemistry services business to W.R. Grace & Co.

North America Flame Retardants Market Synopsis

The North America Flame Retardants market has been augmented due to the growth in the electrical & electronics sector, increased safety measures against fire and advancement in technology. Moreover, major global events such as “API World 2019” in the United States, “Solar Canada Conference and Exposition” etc would further give a boost to the flame retardants market since flame retardants find wide-scale applications in fire safety measures. However, health and environmental concerns regarding halogenated compounds can hinder the growth of the flame retardants market.

According to 6Wresearch, the North America Flame Retardants Market size is anticipated to witness a significant rate during 2019-2025. Various smart city initiatives such as “PlaNYC 2030” OF New York, “The City of Chicago Technology Plan” etc have led to the growth of the construction and infrastructural activities, which has spurred the flame retardants market. Numerous fire safety measures are further driving the flame retardants market for instance, in the United States, building materials have to meet the fire standards according to ASTM E84.

Electrical and electronics goods carry a high risk of fire, thereby flame retardants are majorly used in this sector and are also expected to maintain their dominance during the forecast period. Flame retardants find their applications in the production of vacuum cleaners, battery chargers, washers, dryers and cell phones in the electrical sector. Flame retardants are added to fabrics in the textile industry to make them flame resistant, for instance, polypropylene is used as flame retardant for furniture components, cable jacketing, etc.

North America Flame Retardants Market report thoroughly covers the market by its product types, end-user industry and countries including the United States, Canada and the rest of North America. North America flame-retardant market outlook report provides an unbiased and detailed analysis of the North America flame retardants market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their strategies according to the future and current market dynamics.

Key Highlights of the Report:

• North America Flame Retardants Market Overview
• North America Flame Retardants Market Outlook
• North America Flame Retardants Market Forecast
• Historical Data of North America Flame Retardants Revenues for the Period 2015-2018
• North America Flame Retardants Market Size and Forecast of Revenues, Until 2025
• Historical Data of North America Flame Retardants Market Revenues, By Product Types, for the Period 2015-2018
• Market Size & Forecast of North America Flame Retardants Market Revenues, By Product Types, until 2025
• Historical Data of North America Flame Retardants Market Revenues, By End User Industry, for the Period 2015-2018
• Market Size & Forecast of North America Flame Retardants Market Revenues, By End User Industry, until 2025
• Historical Data of United States Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of United States Flame Retardants Market Revenues, until 2025
• Historical Data of Canada Flame Retardants Market Revenues, for the Period 2015-2018
• Market Size & Forecast of Canada Flame Retardants Market Revenues, until 2025
• Market Drivers and Restraints
• North America Flame Retardants Market Trends and Industry Life Cycle
• North America Flame Retardants Market Share, By Regions
• North America Flame Retardants Market Share, By Players
• North America Flame Retardants Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

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

By Product Types:

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

By End User Industry:

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

By Countries:

• United States
• Canada
• Rest of North America