Frabs Market Is Expected to 7890 Million Usd by the End of 2025 - Qyr
FRABS Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWire) -- 04/10/2019 --Flame Retardant ABS owns good properties of flame retardant. It is a specially formulated plastic that when removed from a flame source, the component extinguishes itself. Flame retardant ABS belongs to the ABS resin family with the good properties of flame retardant. For plastic resins for consumer applications, UL94 Flame Rating set by the Underwriters Laboratories (External Link) is widely accepted as the most reliable standard of flame retardancy.
The flame retardant ABS can be divided into the halogen type as well as the no-halogen type, according to its flame retardant additives. Among the two types, Halogen type is the most preferred one by consumers. In 2017, Halogen type accounted for 90.24% market share globally. The global FRABS market was 6660 million US$ in 2018 and is expected to 7890 million US$ by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
This report studies the FRABS market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of FRABS in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Chi Mei
LG Chem
SABIC
Lotte Advanced Materials
KKPC
Formosa Plastics
Grand Pacific Chemical
Techno-UMG
Toray
CNPC
By the product type, the market is primarily split into
Non-halogen Type
Halogen Type
By the end users/application, this report covers the following segments
Appliance
OA Machine
Automotive
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