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Non halogenated Flame Retardant | Coherent Market Insights

Read here the latest updates on the u201cNon halogenated Flame Retardantu201d published by CMI team.

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Non halogenated Flame Retardant | Coherent Market Insights

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ Covid-19 Impact Tracker

  2. NON-HALOGENATED FLAME RETARDANT MARKET ANALYSIS • Non-Halogenated Flame Retardant Market, By Product Type (Metal Oxide Based (Al (OH3), Mg (OH)2), Phosphorous Based, Nitrogen Based, Others), By End-User Industry (Construction, Electrical & Electronics, Automotive & Transportation, Others), By Application (Polyolefin, Epoxy resins, Ultra-high molecular weight polyethylene (UPE), Poly Vinyl Chloride (PVC), ETP, Rubber, Styrenics), and By Region (North America, Europe, Latin America, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. The global non-halogenated flame retardants market is projected to surpass US$ 5.0 billion by the end of 2027, in terms of revenue, growing at CAGR of 6.4% during the forecast period (2019 to 2027). • Drivers • The growing construction industry is a major driving factor fueling the market growth of non-halogenated flame retardants. Rising usage of the plastic industry as they are the ideal alternative of metal and also saves energy is propelling the demand for plastic in construction industry. The non-halogenated flame is widely used in the production of polymers. According to the Coherent Market Insights analysis, the use of plastic building and construction materials saved 467.2 trillion BTUs of energy over alternative construction materials.

  4. Increasing usage of plastic in the automotive industry is expected to augment the market growth of non-halogenated flame retardants. Plastic has excellent properties such as corrosion resistance, durability, flexibility and also reduce the overall weight of the automobile making it fuel-efficient. Hence, the growing adoption of plastic in automobiles will favor the market growth of non-halogenated flame retardants over the forecast period. • Geographically, Europe dominated the global non-halogenated flame retardants market in 2018, reporting 37% market share in terms of revenue, followed by North America and Asia-Pacific, respectively.

  5. Figure 1. Global Non-Halogenated Flame Retardants Market, Revenue Share (%), By Region, 2018

  6. Market Restraints • Volatility in demand and supply of raw materials used in the production of non-halogenated flame retardant is expected to hamper the market growth over the forecast period. • A concern associated with the melamine based flame retardants such as feeding and dosing is expected to hinder the market growth of non-halogenated flame retardants. Hence, the aforementioned factors are expected to negatively impact the market growth to some extent in the future.

  7. Market Opportunities • The growing production of rubber is expected to accelerate the market growth of non-halogenated flame retardant. Non-halogenated flame retardant is widely used as a filler in the production of rubber. Moreover, the non-halogenated flame retardant is an excellent smoke suppressants and are affordable. Therefore, growing usage of non-halogenated flame retardant in the production of rubber will favor the market growth in the near future.

  8. Increasing usage of non-halogenated flame across medical equipment is expected to accelerate the market growth over the forecast timeframe. Moreover, rising replacement of halogenated flame with non-halogenated flame due to growing environmental concern will further, stimulate the market growth of non-halogenated flame in the near future. 

  9. Figure 2. Global Non-Halogenated Flame Retardants Market – Opportunity Analysis

  10. Market Trends • Continuous product innovation by major players in the market is a trend and this is expected to propel the market growth of non-halogenated flame over the forecast period. For instance, in March 2019, Clariant introduced an innovative solution for the building and the construction industry’s with the launch of non-halogenated flame retardant Exolit 855. This trend is projected to foster the market growth of non-halogenated flame over the forecast period.

  11. The growing demand for additives from engineering plastic is projected to augment market growth. Non-halogenated flame retardant emerged as a dominant additive used across engineering plastics owing to excellent properties and capability to meet customer demand without compromising on quality. Hence, the growing demand for additives around the globe is expected to augment the market growth over the forecast period.

  12. Figure 3. Global Non-Halogenated Flame Retardants Market, Revenue Share (%), By End User Industry, in 2018

  13. Regulations • Asia Pacific • Asian countries such as China and the Republic of Korea have also implemented RoHS • WEEE has restricted the use of highly toxic brominated flame retardants. China, one of the leading flame retardant producers, is bound to implement manufacturing standards in accordance with other countries such as Europe, as most of the flame retardants produced in China are exported to European countries • China REACH (2009): For newly notified substances, the volume trigger cannot be exceeded until the registration for the higher volume band has been completed. There is no difference in the test data requirements between intermediates and substances, even where exposure levels for the latter are well controlled. • South Korea: - Draft of Act on Registration, Evaluation, Authorization, and Restriction of Chemical Substances” has been influenced by REACH, which was expected to be finalized in 2014 • India - A National Chemicals Policy for a comprehensive chemicals management framework under a single agency is still under development (building on a model inventory with 4600 substances)

  14. Figure 4. Global Non-Halogenated Flame Retardants Market – Value Chain Analysis

  15. Competitive Section • Key players operating in the global food encapsulation market are Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered Material, Amfine Chemical Corporation, and THOR Group Ltd

  16. REQUEST SAMPLE • DOWNLOAD PDF BROCHURE • REQUEST CUSTOMIZATION • TALK TO ANALYST • REFERENCE: https://www.coherentmarketinsights.com/market-insight/non-halogenated-flame-retardant-market-3681

  17. About Us: • Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  18. Contact Us: Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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