Report Id: SNS/C&M/1702 | June 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Flame Retardants Market Size was valued at expected to reach USD 10.35 billion by 2028, and USD 7.2 billion in 2021 and grow at a CAGR of 5.2% over the forecast period 2022-2028. The Flame Retardants Market Report provides in-depth analysis of the Flame Retardants business. It provides and covers the most significant factors, which contain a variety of terminology. Challenges, charges, capacity, share, size, marketplace expansion, and technological improvements are among the factors included in the report's primary overview. The market overview also includes important vendors and players, as well as opportunities.
Flame retardants are chemicals that are added to materials including fabrics, plastics, and coatings to prevent fires from starting. Transportation, construction, building, and electronics accessories are just a few of the end-user uses for flame retardants. This is also utilised in the polymerization, moulding, and extrusion processes. There are two types of flame retardants in the market: halogenated and non-halogenated flame retardants. owever, it also raises some severe environmental and health concerns. The Environmental Protection Agency (EPA), the European Union, and the United States have all banned the use of most halogenated flame retardants. These flame retardants are widely employed in a variety of end-use applications and have gotten a lot of attention as a result of the rising demand for flame retardants.
Impact of Covid-19:
Multiple businesses and regions are affected by the current covid epidemic. It has a negative influence on individuals as well as private and public institutions. The covid 19 epidemic educates the market to recognise supply and demand chain gaps. The Covid 19 research also assists you in evaluating the value of market demand data for flame retardants. COVID 19 has hampered the market for flame restrictions, as it has any other business. Sales demand was disrupted and lowered, forcing the sector to implement additional measures. Several important actors and analysts are developing ideas to produce new measures that will assist the sector return to normal. The government proposed a number of efforts for the industry's growth targets in the current forecast years to avoid COVID 19 harming market statistics. As a result, the market is stable, and revenue generation is improved as a result of the increased potential.
Amfine Chemical Corporation, Clariant, RTP Company Clariant, Akzo Nobel N.V., BASF SE, Green chemicals SpA, Nabaltec AG, ICL, Celanese Corporation, Italmatch Chemicals SpA, LANXESS, Kisumu Chemicals, M. Huber Corporation, Dow, and other players.
By End-Use Industry
During the projection period, Asia Pacific is expected to grow at the fastest rate. Over the projected period, Asia Pacific is expected to generate increased revenues from China and India due to strong expansion in resin consumption across both nations. Furthermore, because a substantial percentage of their output is exported to other nations, manufacturers in Asia Pacific are focussing their efforts on manufacturing environmentally friendly flame retardant products in order to meet the safety standards of North America or Europe. The growth of the regional market is supported by an increase in transportation and industrial operations in Asia Pacific, as well as other factors including low labour costs and inexpensive raw materials.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 10.35 Billion|
|Market Size by 2028||US$ 7.2 Billion|
|CAGR||CAGR of 5.2% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Aluminum Trihydrate, Antimony Oxide, Brominated, Chlorinated, Phosphorous, Nitrogen, Others)
• By end-use industry (Building & Construction, Electronics & Appliances, Automotive & Transportation, Wires & Cables, Textile, Others)
• By application (Epoxy, Unsaturated Polyester, Polyolefin, Polyvinyl chloride, Polyurethane, Polystyrene)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Amfine Chemical Corporation, Clariant, RTP Company Clariant, Akzo Nobel N.V., BASF SE, Green chemicals SpA, Nabaltec AG, ICL, Celanese Corporation, Italmatch Chemicals SpA, LANXESS, Kisumu Chemicals, M. Huber Corporation, Dow, and other players.|
|DRIVERS||• Increase this market's revenue using end use industries.
• High Demand in plastic component in the market of transportation and infrastructure sector.
|Restraints||• The disparity in raw material prices
•In several nations, there are restrictions on the use of halogenated flame retardants.
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Amfine Chemical Corporation (US), Clariant (US), RTP Company Clariant (US), Akzo Nobel N.V. (The Netherlands), BASF SE(Germany), Green chemicals SpA (Italy), Nabaltec AG(Germany), ICL (Israel), Celanese Corporation (US), Italmatch Chemicals SpA (Italy), LANXESS(Germany), Kisumu Chemicals (The Netherlands), M. Huber Corporation (US) and Dow (US).
Ans: Wire and cable compounds are in high demand are the opportunity for Flame Retardants Market.
Ans: Flame retardants are chemicals that are added to materials including fabrics, plastics, and coatings to prevent fires from starting.
Ans: Flame Retardants Market Size was valued at expected to reach USD 10.35 billion by 2028, and USD 7.2 billion in 2021 and grow at a CAGR of 5.2 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Flame Retardants Market Segment, By Type
8.1 Aluminum Trihydrate
8.2 Antimony Oxide
9. Flame Retardants Market Segment, By End-Use Industry
9.1 Building & Construction
9.2 Electronics & Appliances
9.3 Automotive & Transportation
9.4 Wires & Cables
10. Flame Retardants Market Segment, By Application
10.2 Unsaturated Polyester
10.4 Polyvinyl chloride
11. Regional Analysis
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profile
12.1 Amfine Chemical Corporation,
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.3 RTP Company Clariant
12.4 Akzo Nobel N.V.
12.5 BASF SE
12.6 Green chemicals SpA
12.7 Nabaltec AG
12.9 Celanese Corporation
12.10 Italmatch Chemicals SpA
12.12 Kisumu Chemicals
12.13 M. Huber Corporation
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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