Flame Retardant Market Industry Future Growth, Latest Technology, New Demands, Business Challenges, Opportunities, Industry Trends, Key Players and Revenue Analysis

 

Global Flame Retardants Market was valued at USD 12.81 billion in 2021 and is expected to reach USD 20.73 billion by 2029, registering a CAGR of 6.20% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Over the last few years, increased government spending has further resulted in a considerable increase in the building and construction sector, where flame retardants are utilized to slow down fires and offer enough time to evacuate a structure. As a result, flame retardants have become more popular in the building and construction industry, increasing the flame retardants market's growth immensely over the forecasted period.

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Market Analysis and Insights 

 

Flame retardants are chemicals that, when added to materials such as plastics, electrical gadgets, construction materials, or textiles, delay the formation of flames and thereby inhibit fire spread. Aluminum trihydrate, antimony oxides, brominated flame retardants, chlorinated flame retardants, organophosphorus flame retardants, and other flame retardant chemicals are examples of flame retardants.

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REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

By Type (Alumina Trihydrate, Brominated Flame Retardants, Antimony Trioxide Phosphorus Flame Retardants, Others), Product (Halogenated, Non-Halogenated), Application (Epoxy, Unsaturated Polyester, Polyolefins, Polyvinyl chloride,  Acrylonitrile Butadiene Styrene, Polyamide, Polystyrene, Polyurethane(PU), Polyethylene Terephthalate (PET) and Polybutylene Terephthalate (PBT)), End-Use Industry (Building and Construction, Electronics and Appliances, Automotive and Transportation, Wires and Cables, Textiles, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Dupont (U.S.), SOLVAY (Belgium), DAIKIN (Japan), Dow (U.S.), Huntsman International LLC (U.S.), Bostik (France), H.B. Fuller Company (U.S.), Sika AG (Switzerland), Cardolite Corporation (U.S.), Kukdo Chemical Co., Ltd., (South Korea), BASF SE(Germany), Freudenberg SE (Germany), Covestro AG (Germany), LANXESS (Germany), Mitsui Chemicals Inc. (Japan), Wanhua (China), Arkema (France), Hexion (U.S.) and Woodbridge (Canada)

Market Opportunities

·       Growing demand for lubricants that are corrosion resistant, non-flammable and nontoxic

·       Significant investments in research and development activities

 

Competitive Landscape and Flame Retardant Market Share Analysis

 

The flame retardants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to flame retardants market.

 Some of the major players operating in the  Flame Retardant Market are,

  • Dupont (U.S.)
  • SOLVAY (Belgium)
  • DAIKIN (Japan)
  • Dow (U.S.)
  • Huntsman International LLC (U.S.)
  • Bostik (France)
  • H.B. Fuller Company (U.S.)
  • Sika AG (Switzerland)
  • Cardolite Corporation (U.S.)
  • Kukdo Chemical Co., Ltd., (South Korea)
  • BASF SE (Germany)
  • Freudenberg SE (Germany)
  • Covestro AG (Germany)
  • LANXESS (Germany)
  • Mitsui Chemicals Inc. (Japan)
  • Wanhua (China)
  • Arkema (France)
  • Hexion (U.S.)
  • Woodbridge (Canada)

 

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