Flame Retardants Market:
Industry Overview:
Global Flame Retardants is estimated to be witnessed a significant growth of million metric tons by 2022 with CAGR of 5.86% between 2016 and 2022.
Global Flame Retardants are chemicals which are added to many materials to increase their fire safety it has reduced the devastating impact of fires on people, property and the environment. They are added to or treat potentially flammable materials, including textiles and plastics.
Global Flame Retardants are found in various applications such as plastics, fabrics, cable and wires, polyurethane foam, and others. Increasing in demand for building and construction, electronics and transportation industries will boost the market of flame retardants. Substitutes such as magnesium hydroxide (MDH) for flame retardants might hamper the global flame retardant market.
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Industry Segmentation:
Global Flame Retardants Market is majorly segmented on the basis of types, application, end users and region. Based on types of flame retardants market is segmented into brominated, phosphorus, nitrogen, chlorinated, metal hydrate and others. Based on application of flame retardants the market is segmented into plastics, fabrics, cable and wires, polyurethane foam, and others. Based on end user the market segmented into transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.
Industry Trends Insight:
Data integration and capabilities are analyzed to support the findings and study the predicted geographical segmentations. Various key variables and regression models were considered to calculate the trajectory of flame retardants market. Detailed analysis is explained and given importance to with best working models.
Geographically, the segmentation is done into several key regions like North America, Middle East & Africa, Asia Pacific, Europe and Latin America. The production, consumption, revenue, shares in mill UDS, growth rate of flame retardants market during the forecast period of 2016 to 2022 is well explained.
Industry Key Players:
BASF SE (Germany),
Albemarle Corporation (US),
Chemtura Corporation (US),
The Dow Chemical Co (US),
Clariant International Ag (Switzerland),
Akzo Nobel NV (Netherlands),
China Antimony Chemicals Co. Ltd (China).
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