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According to the latest research report by IMARC Group, The global flame retardants market size reached US$ 9.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 13.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.6% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/flame-retardants-market
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Global Flame Retardants Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Flame Retardants Market Research Report: The latest report by IMARC, titled “Flame Retardants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global flame retardants market reached a value of US$ 9.2 Billion in 2022. Flame retardants are substances or chemicals that are applied to materials to prevent the start or slow the growth of a fire. They are manufactured using organophosphates, organohalogens, and various active compounds, such as phosphorus, nitrogen, aluminum, bromine, chlorine, magnesium, boron, and carbon. These chemicals are widely used in polystyrene (PS) and polyurethane (PU) insulation foams, electric cables, and building and construction materials. Flame retardants are also employed to manufacture seat covers, automobile bumpers, overhead compartments, furnishing items, and electronic devices, such as laptops, personal computers, and televisions. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/flame-retardants-
Report Description and Highlights Report Description Global Flame Retardants Market Trends: One of the key factors driving the market growth is the widespread product utilization across various industrial verticals to slow down fire spreads and prevent property loss. For instance, manufacturers in the consumer electronics sector are widely using flame retardants in electric wire insulations in circuit boards, electronic casing, and wires and cable systems to prevent fires. Additionally, the increasing product demand in residential buildings and public spaces due to the rising need for effective fire management solutions, supported by the growing utilization of flammable materials, such as plastics, foams, and composites, is acting as another growth-inducing factor. Apart from this, the introduction of safer alternatives, such as phosphorous, bromine, and chlorine-based non-halogenated flame retardants that are sustainable and safe for humans upon exposure, is providing a considerable boost to the market growth. Other factors, including the significant growth in the chemical industry, extensive research and development (R&D) activities, and the implementation of various government initiatives toward fire safety standards and regulations to lower explosion-related accidents in offices, industries, and public places, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market value is expected to reach US$ 13.5 Billion by 2028, exhibiting a CAGR of 6.6% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Type Insights: • Alumina Trihydrate • Brominated Flame Retardants • Antimony Trioxide • Phosphorus Flame Retardants • Others Application Insights: • Unsaturated Polyester Resins • Epoxy Resins • PVC • Rubber • Polyolefins • Others End Use Industry Insights: • Construction
Report Description and Highlights Report Description • Wires and Cables • Automotive and Transportation • Electrical and Electronics • Others Regional Insights: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France
Report Description and Highlights Report Description • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Almatis GmbH BASF SE Borealis GmbH (OMV Aktiengesellschaft) Budenheim Ibérica S.L.U Campine NV Clariant AG Dover Chemical Corporation (ICC Industries Inc.) Dow Inc. ICL Group Ltd Lanxess AG Otsuka Chemical Co. Ltd. RTP Company (Miller Waste Mills Inc.) View Full Report with TOC & List of Figure: https://www.imarcgroup.com/flame-retardants-market
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Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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