"Building for Safety: Flame Retardants in Construction and Infrastructure"
Flame Retardants Market size was valued at US$ 8.15 Bn. in 2022 and the total revenue is expected to grow at 4.75% CAGR through 2023 to 2029, reaching nearly US$ 11.28 Bn.
Flame Retardants Market Overview:
The primary goal of this research is to assist the user in understanding the Flame Retardants market in terms of definition, segmentation, market potential, significant trends, and the problems that the Flame Retardants industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Market Dynamic:
Some of the key drivers driving the flame retardant market are high demand from current and developing applications, demand from expanding countries, technological developments, increased security measures, and new regulatory standards for reducing dangerous chemicals. Governments all over the world are working to improve smoke and flammability range safety limits in a variety of commodities. As the automobile, construction, and other key end-use industries grow, so does the global demand for flame retardants.
Segmentation:
Building and Construction, Wire and Cables, Automotive, Electrical & Electronics, Plastic Manufacturing, Textiles & Furniture, and Others are the end-user segments of the Flame Retardants market. The electrical and electronics industry had the largest market share and is predicted to grow the fastest in the next years. Flame retardant chemicals are used in the industry to restrict the dangers in order to comply with the stipulated rules and regulations. The electrical and electronics industry has profited from increased literacy rates, disposable income, and living standards worldwide, particularly in developing countries such as Asia Pacific. This increasing trend has benefitted the market recently and is expected to do so again in the future.
Flame Retardants Market, by Product (2022-2029)
• Non-Halogenated Flame Retardant Chemicals
• Halogenated Flame Retardant Chemicals
Flame Retardants Market, by End-User (2022-2029)
• Building and Construction
• Wire and cable
• Automotive
• Electrical & Electronics
• Plastic Manufacturing
• Textiles & Furniture
• Others
Flame Retardants Market, by Application (2022-2029)
• Polyolefin
• Epoxy Resin
• UPE
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Flame Retardants market are
1. Albemarle
2. ICL
3. Chemtura
4. LANXESS
5. Clariant International Ltd.
6. Jiangsu Jacques Technology Co. Ltd
7. Italmatch Chemicals
8. Huber Engineered Materials
9. BASF
10.Thor Group Ltd.
11.DSM
12.FRX Polymers
13.Nabaltec AG
14.Delamin
15.Dupont
16.Akzo Nobel N.V.
17.J.M. HUBER CORPORATION
18.DIC CORPORATION
19.MPI Chemie B.V.
20.Nano Technologies Inc.
21.RTP Company
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Regional Analysis:
The report focuses on Global Regions and Market Size of Flame Retardants , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Flame Retardants Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Flame Retardants industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the Flame Retardants Market Report are:
- What is the function of Flame Retardants ?
- What is the predicted revenue generation of the Flame Retardants market?
- At what growth rate is the Flame Retardants market evolving?
- Who are the major market giants operating in the Flame Retardants market?
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