Global Flame Retardants Market Information- By Type(Brominated, Phosphorus, Nitrogen, Chlorinated, Metal Hydrate and others), By Application (Plastics, Fabrics, Cable and Wires, Polyurethane Foam, And Others) By End User(Transportation, Packaging Industry, Military & Aerospace Industry, Building & Construction, Electronics, and Others) and By Region - Forecast till 2022
Pune, India -- (SBWIRE) -- 12/08/2017 -- Market Highlights
Commenting on this report, an analyst from Market Research Future (MRFR)'s team said, "Global Flame Retardants Market Size is expected to grow in Million Metric Tons by 2022 in terms of volume. The market witnessed a significant growth over the forecasted period owing to growing applications such as plastics, fabrics, cable and wires, polyurethane foam, and others.
Flame Retardants are the chemicals which added into chemicals to decrease their ability of material ignite. It is used in various industries such as transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.
Flame Retardants available in market into various types on their need such as brominated, phosphorus, nitrogen, chlorinated, metal hydrate and others.
Construction products were the leading market in 2015, accounting for one third of the total market in 2015. In-addition, electronic are expected to grow at faster pace for the forecasted period. Europe will be the largest market for electronic segment has the increase in use and demand for electronic products and increase in flammability standards has driven the market. Owing to these factors the market for flame retardants will grow at faster pace for the forecasted period.
Global Flame Retardants market in terms of volume is expected to grow at 5.86% CAGR during 2016-2022
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Key players of the global flame retardants market are
- 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)
Geographically, Asia-Pacific shares the largest market of flame retardants. This share is attributed to growing transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others. Various application like plastics, fabrics, cable and wires, polyurethane foam, and others expected to aid the growth of Flame Retardants market in this region. Countries such as China, India and South Korea are looking forward for expansion in non-conventional resources due to growing population Therefore, it is expected to aid growth in APAC of Flame Retardants market. It is expected that North America will show a significant growth in flame retardants owing to demand in applications such as polyurethane foam, plastics and others followed by Europe.
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List Of Figures
Figure 1 Global Flame Retardants Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis Of Global Flame Retardants Market
Figure 4 Value Chain Of Global Flame Retardants Market
Figure 5 Share Of Global Flame Retardants Market In 2014, By Country (In %)
Figure 6 Global Flame Retardants Market, 2015-2022, (Usd Billion)
Figure 7 Sub-Segments Of Applications
Figure 8 Global Flame Retardants Market Size By Application, 2015
Figure 9 Share Of Global Flame Retardants Market By Application, 2012 To 2022
Figure 10 Global Flame Retardants Market Size By Type, 2015continue…….
List Of Tables
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Flame Retardants Market: By Region, 2014-2022 (USD Million)
Table 3 North America Flame Retardants Market: By Country, 2014-2022 (USD Million)
Table 4 Europe Flame Retardants Market: By Country, 2014-2022 (USD Million)
Table 5 Asia-Pacific Flame Retardants Market: By Country, 2014-2022 (USD Million)
Table 6 RoW Flame Retardants Market: By Country, 2014-2022 (USD Million)
Table 7 Global Flame Retardants By Type Market: By Regions, 2014-2022 (USD Million)
Table 8 North America Flame Retardants By Type Market: By Country, 2014-2022
Table 9 Europe Flame Retardants By Type Market: By Country, 2014-2022 (USD Million)
Table10 Asia-Pacific Flame Retardants By Type Market: By Country, 2014-2022 (USD Million)
Table11 RoW Flame Retardants By Type Market: By Country, 2014-2022 (USD Million)
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