Non-Halogenated Flame Retardant Chemicals Market size is forecast to reach $2.18 billion by 2025, after growing at a CAGR of 6.2% during 2020-2025. The Non-Halogenated Flame Retardant Chemicals market is driven by increasing consumer demand for electrical & electronic products across the world. Moreover, increasing epoxy resin demand utilized for high quality coatings coupled with rapid industrial growth will propel the industry.

Key Takeaways
Europe dominates the Non-Halogenated Flame Retardant Chemicals market owing to presence of end use industries such as automotive industry, aerospace industry and others.
Non-halogenated flame retardants are based on the elements phosphorus and nitrogen. The halogenated compound flame retardants containing phosphorus are commonly used in engineering plastics, polyurethane foams, thermosets, coatings, and textiles used in industrial and engineering.
During the forecast period environmental and health concerns regarding brominated and other flame retardants are also expected to drive the non-halogenated flame retardant chemicals market.
The growing popularity of green chromatography and the increasing use of chromatography techniques in proteomics, genomics and metabolomics medicines are expected to produce new prospects for further expansion of the demand for chromatographic reagents.

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Geography - Segment Analysis
 
Europe dominated the Non-Halogenated Flame Retardant Chemicals market with a share of more than 40%, followed by North America and APAC. The growth of non-halogenated flame retardant chemicals in Europe is attributed due to strong automotive, construction and electrical and electronics industry. The German electronic industry is the Europe’s prominent industry. The electrical and electronics industry accounted for more than 10% of the total German industrial production and about 3% of the country’s gross domestic product (GDP). Moreover, the electrical and electronics industry accounted for around 23% of the entire FDI of the country. The Europe is one of the biggest motor vehicle manufacturers in the world and the industry represents the largest private investor in R&D.


Drivers – Non-Halogenated Flame Retardant Chemicals Market

Rapid growth in infrastructure in emerging economies.


Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Non-Halogenated Flame Retardant Chemicals market. Major players in the Non-Halogenated Flame Retardant Chemicals Market are Nabaltec AG, Huber Engineered Materials, BASF SE, and ICL, among others.

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