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Brominated Flame Retardant is mostly used in the manufacturing of printed circuit boards (PCBs), polymer foams, computer casing, electrical cables, and various insulation coatings, among others.
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Brominated Flame Retardant Market To Reach USD 2.71 Billion By 2027
Market Summary Increasing demand for unsaturated polyesters and extensive usage of Tetrabromobisphenol A (TBBPA) in this formulation, coupled with high investments in R&D of brominated flame retardant, are fueling the market growth. Brominated Flame Retardant Market Size – USD 1.63 Billion in 2018, Market Growth - CAGR of 5.7%, Market Trends – Increase in demand for consumer electronics applications and the usage of brominated flame retardants in such products.
Our Approach Our Approach Market Summary The global brominated flame retardant market is forecast to reach USD 2.71 Billion by 2027, according to a new report by Reports and Data. The brominated flame retardants (BFR) are widely chosen organo-bromine, and halogen flame retardant compounds due to their inhibitory effect on the combustion chemical process. The brominated compound is highly effective in the reduction of flammability of materials especially in plastic and textile-based final products. Brominated Flame Retardant is mostly used in the manufacturing of printed circuit boards (PCBs), polymer foams, computer casing, electrical cables, and various insulation coatings, among others. The continuous expansion of the consumer electronics, textile industries, leather industries, electrical systems, and flame insulation coatings, are expected to drive the demand of this market throughout the forecast period. Enormous usage of this flame retardant chemical in various components of consumer electronics products are the primary contributors to the market growth. Get a Free Sample PDF Report to understand our report before you purchase @ https://www.reportsanddata.com/sample-enquiry-form/2476
Our Approach Our Approach Market Summary Key participants include Albemarle Corporation, Akzo Nobel N.V., Jiangsu Yoke Technology Co., Ltd., Velsicol Chemical Corporation, Israel Chemicals Ltd., Lanxess Aktiengesellschaft, BASF SE, Nabaltec AG, The Dow Chemical Company, and Clariant AG, among others. Further key findings from the report suggest • About 15 to 30% of the Tetrabromobisphenol A (TBBPA) brominated flame retardant is mixed in the unsaturated polyesters substance, which are then used in the fiber-reinforced plastics (FRP). Consumer electronics, household goods, automotive parts, and others. Unsaturated polyesters sub-segment is expected to grow at a CAGR of 6.7% during the forecast period. • Growing penetration of the online retailing businesses for the chemicals and materials, especially in the emerging nations in Asia Pacific, is helping the market grow by broadening the outreach in the areas where the offline vendors are unavailable. Also, due to the non-involvement of the distributors in the supply chain model, the profit margin is way more than that of the offline retailing. The online retailing is expected to gain a market share of 34.1% by 2027, having grown with a CAGR of 9.7% throughout the forecast period.
Our Approach Our Approach Market Summary APAC is forecasted to retain its dominance in the worldwide market with the fastest growth rate of about 6.4% throughout the forecast period, owing to its extensive growth in the consumer electronics applications and continuous expansion of the textile products. China, and India are some of the fastest market propellers in this region…Continued • For the purpose of this report, Reports and Data have segmented the global brominated flame retardant market on the basis of the end-use verticals, type, sales channel, applications, and region: End-Use Verticals Outlook (Revenue: USDBillion; Volume: Kilo Tons; 2016-2027) • Consumer Electronics • Textile & Leather Industries • Polymer Industries • Electrical Machineries • Others
Our Approach Our Approach About Us About Us Sales Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027) • Online Retailing • Offline Retailing Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027) • Tetrabromobisphenol A • Decabromodiphenyl Oxide • Octabromodiphenyl Oxide • Pentabromodiphenyl Oxide • Hexabromocyclododecane • Others Any Query or Discount? Ask our Expert @ https://www.reportsanddata.com/discount- enquiry-form/2476
Our Approach Our Approach Market Summary Applications Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027) • Polyamides • Styrene Copolymers • Unsaturated Polyesters • Polyolefins • Polystyrene • Others Regional Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2016-2027) • North America • Europe • Asia Pacific • MEA • Latin America To get a detailed Table of Content, Visit Here@ https://www.reportsanddata.com/report- detail/brominated-flame-retardant-market
Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com