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MarketsandMarkets™
Presents
Flame Retardant Market by
Type, Application & End-use
Industry
02/15/19 Kailas Suryawanshi 1
Flame Retardant Market worth 12.81 Billion USD by 2021
The report "Flame Retardant Market by Type
(ATH, Antimony Oxide, Brominated, Chlorinated,
Phosphorous), Application (Epoxy, Polyolefins),
and End-use Industry (Building & Construction,
Electronics & Appliances, Wire & Cables,
Automotive) - Global Forecast to 2021", The
global flame retardants market is projected to reach
USD 12.81 Billion by 2021 at a CAGR of 6.4%
between 2016 and 2021. The market is majorly
driven by growth of the end-use industries and
increasing fire safety regulations.
02/15/19 Kailas Suryawanshi 2
Flame Retardant Market worth 12.81 Billion USD by 2021
Browse >>
143 data tables
52 figures
172 pages and in-depth TOC on “Flame Retardant Market”
Early buyers will receive 10% customization on this report.
This is a Premium Report Priced at US $5650 for single user.
[172 Pages Report] The global flame retardants market is projected to register a CAGR of
6.4% during the forecast period to reach USD 12.81 billion by 2021.
Report Price :
Single User License : US $ 5650
Corporate User License : US $ 8150
02/15/19 Kailas Suryawanshi 3
Flame Retardant Market worth 12.81 Billion USD by 2021
Building & construction end-use industry to continue
dominating the market
Building & construction, electronics & appliances, and wires &
cables are the major end-use industries of flame retardants.
Building & construction is the largest end-use industry for flame
retardants. Increased regulations pertaining to fire safety in the
developed economies, such as Japan, the U.S., Germany,
Australia, and Singapore are estimated to drive the flame
retardants market considerably in future. Regulatory guidelines,
such as NFPA 80A, NFPA 703, NFPA 255, NFPA 251, and NFPA
220 defines fire safety standards in the U.S. Similarly in Europe,
CFPA lays out the fire safety standards for building construction.
02/15/19 Kailas Suryawanshi 4
Flame Retardant Market worth 12.81 Billion USD by 2021
Aluminum Trihydrate to dominate the flame retardants market
Aluminum Trihydrate dominated the flame retardants market,
with Asia-Pacific as the largest market in 2015, and the trend is
estimated to remain same during the forecast period. Low cost
and environmental-friendly properties in comparison to other
flame retardants are the major factors driving the demand for
aluminum trihydrate. Brominated flame retardants account for
the second largest share with healthy growth in Asia-Pacific owing
to extensive use in the electrical & electronics industry. It grows
moderately in the markets in Europe and North America owing to
stringent environment regulations restricting the use of toxic
chemicals.
02/15/19 Kailas Suryawanshi 5
Flame Retardant Market worth 12.81 Billion USD by 2021
Increasing demand from Asia-Pacific accelerates growth of the
flame retardants market
Asia-Pacific is the leading market for flame retardants, followed
by North America and Western Europe. Asia-Pacific is projected
to register the highest growth owing to vast potential that can be
realized in near future because of increasing safety concerns and
growth of various end-use industries in the developing economies
in the region.
02/15/19 Kailas Suryawanshi 6
Flame Retardant Market worth 12.81 Billion USD by 2021
The report covers the flame retardants market and its trends in six
major regions, namely, North America, Western Europe, Central &
Eastern Europe, Asia-Pacific, South America, and the Middle East &
Africa. The market is also analyzed on the basis of type, namely,
aluminum trihydrate, antimony oxide, brominated, chlorinated,
phosphorous, and others (zinc sulfide, zinc oxide, boron compounds,
magnesium hydroxide, and nitrogen containing compounds). Flame
retardants are added with various resins such as epoxy, unsaturated
polyester, polyolefins, PVC, polyamide, PS, PU, PET & PBT, and ABS to
manufacture products used in various end-use industries. In addition,
building & construction, electronics & appliances, wires & cables,
automotive & transportation, textiles, and other end-use industries are
studied and included in this report.
02/15/19 Kailas Suryawanshi 7
Flame Retardant Market worth 12.81 Billion USD by 2021
The leading players in the market include Albemarle (U.S.), ICL
(Israel), Clariant (Switzerland), Lanxess (Germany), Nabaltec
(Germany), The Dow Chemical Company (U.S.), BASF (Germany),
Akzo Nobel (Netherlands), Italmatch (Italy), and Huber
Engineered Materials (U.S.).
Purchase a Copy of this Report Today !
02/15/19 Kailas Suryawanshi 8
Flame Retardant Market worth 12.81 Billion USD by 2021
MARKET LEADER
New Product Launches and Expansions: Key Growth Strategies
Growth of the flame retardants market is restricted by factors,
such as the toxic nature of halogenated flame retardants and high
loading levels of non-halogenated flame retardants altering the
properties of final products. The opportunities for flame retardant
manufacturers lies in developing more effective synergist
compounds to boost the performance of flame retardants.
Synergist blends help in reducing the amount of halogenated
flame retardants by percent weight, thus reducing the toxicity
and improving the retardant properties.
02/15/19 Kailas Suryawanshi 9
Flame Retardant Market worth 12.81 Billion USD by 2021
In this scenario, it is extremely important that the players
operating in the market remain competitive by adopting key
growth strategies. The companies are aiming at increased market
penetration at regional level by making expansions in production
units or by introducing new innovations in the existing product
lines meeting the guidelines of fire safety standards and
environmental regulations. Global players have adopted a
focused approach of expanding into emerging markets through
expansions and new product launches.
02/15/19 Kailas Suryawanshi 10
Flame Retardant Market worth 12.81 Billion USD by 2021
Major players of the flame retardants market include
Albemarle (U.S.), ICL (Israel), Chemtura Corporation
(U.S.), Clariant (Switzerland), The Dow Chemical
Company (U.S.), Nabaltec AG (Germany), Lanxess AG
(Germany), Italmatch (Italy), Huber Engineered
Materials (U.S.), and Akzo Nobel (Netherlands).
02/15/19 Kailas Suryawanshi 11
Flame Retardant Market worth 12.81 Billion USD by 2021
ICL (Israel) and Lanxess AG (Germany) are the most active players in the
market. They are focusing on entering new markets by launching
technologically advanced and innovative products, and making strategic
expansion. Besides new product launches and expansions, companies have
also adopted strategies, such as mergers & acquisitions and joint
ventures/agreements/partnerships to enhance their product portfolio and
distribution network.
ICL (Israel) announced the expansion of its polymeric flame retardant F-122P
by establishing a production facility of capacity of 10,000 metric ton. The
company also increased its production for Fyrol HF-5 to meet the growing
demand. ICL signed an agreement in January 2012 to use the patents of The
Dow Global Technologies (U.S.) for the production of an innovative polymer
flame retardant FR 22P.
02/15/19 Kailas Suryawanshi 12
Flame Retardant Market worth 12.81 Billion USD by 2021
Lanxess AG (Germany) opted new product launch as a strategy to gain a
strong foothold in the market. For instance, it developed Polyamide-6, a
non-halogenated flame retardant of high thermal stability. The
company also launched Durethan BG XF30 and Durethan BG 30 X FN01
for application in glass. It launched thermostable flame retardants at
UTECH Europe with products names FRP 45, Levagard DMPP, TEP-Z,
Disflamoll TOF, and DPK. It also invested USD 6.45 million for expansion
in capacity by 10% of its phosphorous flame retardants group.
02/15/19 Kailas Suryawanshi 13
Flame Retardant Market worth 12.81 Billion USD by 2021
KEY REVENUE POCKETS
Growth prospects for the flame retardants market are positive
with the market size projected to witness a CAGR of 6.4%
between 2016 and 2021, in terms of value. Asia-Pacific is
estimated to be the largest market during the forecast period,
followed by North America and Western Europe. In terms of end-
use industry, the building & construction dominates the flame
retardants market. Aluminum trihydrate is the most widely used
flame retardant worldwide.
02/15/19 Kailas Suryawanshi 14
Flame Retardant Market worth 12.81 Billion USD by 2021
Emerging technologies and developing more effective synergist compounds
will be the key opportunities for flame retardant players in the future. For
instance, there is an increasing trend of technological advancement, with
manufacturing companies shifting to the use of lightweight and durable
nanoparticles/nano-fillers in their polymer matrix. The Dow Chemical
Company (U.S.) introduced the new polymeric technology. Polymers are
reinforced with nanoparticles either by melt compounding or in-situ
polymerization. The blend exhibits high thermo-mechanical and flame
retardant properties by adding only 2%–5% of these particles. The main
challenge posed by nanotechnology is its higher cost than other flame
retardant technologies. However, their long-term benefits prove to be much
more lucrative for them in such blends. According to a study by the National
Institute of Standards and Technology (NIST), the nano-based retardants are
comparatively less toxic and their chemical consumption by weight is 30%
lower than conventional flame retardants with no effect on their final
properties.
02/15/19 Kailas Suryawanshi 15
Flame Retardant Market worth 12.81 Billion USD by 2021
Phosphorous-based flame retardants are projected to register the
highest growth between 2016 and 2021. The rapid growth of
these retardants is triggered by the ban on use of toxic flame
retardants as directed by regulatory bodies such as ROHS and IPC.
The stringent regulatory framework is driving the market for
phosphorous-based flame retardants in North America and
Europe. In addition, the demand from polyurethanes and
engineering plastics also pushed the market as phosphorous
flame retardants emerged as the best commercially feasible
replacement. Asia-Pacific is projected to be the largest and
fastest-growing market owing to increasing production from
small- to medium-scale manufacturers and consumption in
various end-use industries in China.
02/15/19 Kailas Suryawanshi 16
Flame Retardant Market worth 12.81 Billion USD by 2021
The wires & cables market is estimated to show a significant rise in
demand in near future. This growth is projected to be driven by rapid
expansion in wind energy, nuclear energy, telecommunication, and
other end-use industries. The demand will also be driven by the rapid
expansion of the information processing and communications sectors.
These users are estimated to trigger the demand for global flame
retardants in the wires & cables industry. The major users of wires &
cables are the building & construction, automotive, and
telecommunications industries. There is considerable scope of
expansion of the industry in the emerging markets of Asia-Pacific and
Middle East & North Africa (MENA). Stable economic growth in
developing economies, such as China and India, along with fast
urbanization and investment opportunities will boost the demand for
flame retardants in the region in future.
02/15/19 Kailas Suryawanshi 17
Contact Us
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
02/15/19 Kailas Suryawanshi 18
Thank You !
02/15/19 Kailas Suryawanshi 19

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Flame Retardant Market Global Forecast

  • 1. MarketsandMarkets™ Presents Flame Retardant Market by Type, Application & End-use Industry 02/15/19 Kailas Suryawanshi 1
  • 2. Flame Retardant Market worth 12.81 Billion USD by 2021 The report "Flame Retardant Market by Type (ATH, Antimony Oxide, Brominated, Chlorinated, Phosphorous), Application (Epoxy, Polyolefins), and End-use Industry (Building & Construction, Electronics & Appliances, Wire & Cables, Automotive) - Global Forecast to 2021", The global flame retardants market is projected to reach USD 12.81 Billion by 2021 at a CAGR of 6.4% between 2016 and 2021. The market is majorly driven by growth of the end-use industries and increasing fire safety regulations. 02/15/19 Kailas Suryawanshi 2
  • 3. Flame Retardant Market worth 12.81 Billion USD by 2021 Browse >> 143 data tables 52 figures 172 pages and in-depth TOC on “Flame Retardant Market” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. [172 Pages Report] The global flame retardants market is projected to register a CAGR of 6.4% during the forecast period to reach USD 12.81 billion by 2021. Report Price : Single User License : US $ 5650 Corporate User License : US $ 8150 02/15/19 Kailas Suryawanshi 3
  • 4. Flame Retardant Market worth 12.81 Billion USD by 2021 Building & construction end-use industry to continue dominating the market Building & construction, electronics & appliances, and wires & cables are the major end-use industries of flame retardants. Building & construction is the largest end-use industry for flame retardants. Increased regulations pertaining to fire safety in the developed economies, such as Japan, the U.S., Germany, Australia, and Singapore are estimated to drive the flame retardants market considerably in future. Regulatory guidelines, such as NFPA 80A, NFPA 703, NFPA 255, NFPA 251, and NFPA 220 defines fire safety standards in the U.S. Similarly in Europe, CFPA lays out the fire safety standards for building construction. 02/15/19 Kailas Suryawanshi 4
  • 5. Flame Retardant Market worth 12.81 Billion USD by 2021 Aluminum Trihydrate to dominate the flame retardants market Aluminum Trihydrate dominated the flame retardants market, with Asia-Pacific as the largest market in 2015, and the trend is estimated to remain same during the forecast period. Low cost and environmental-friendly properties in comparison to other flame retardants are the major factors driving the demand for aluminum trihydrate. Brominated flame retardants account for the second largest share with healthy growth in Asia-Pacific owing to extensive use in the electrical & electronics industry. It grows moderately in the markets in Europe and North America owing to stringent environment regulations restricting the use of toxic chemicals. 02/15/19 Kailas Suryawanshi 5
  • 6. Flame Retardant Market worth 12.81 Billion USD by 2021 Increasing demand from Asia-Pacific accelerates growth of the flame retardants market Asia-Pacific is the leading market for flame retardants, followed by North America and Western Europe. Asia-Pacific is projected to register the highest growth owing to vast potential that can be realized in near future because of increasing safety concerns and growth of various end-use industries in the developing economies in the region. 02/15/19 Kailas Suryawanshi 6
  • 7. Flame Retardant Market worth 12.81 Billion USD by 2021 The report covers the flame retardants market and its trends in six major regions, namely, North America, Western Europe, Central & Eastern Europe, Asia-Pacific, South America, and the Middle East & Africa. The market is also analyzed on the basis of type, namely, aluminum trihydrate, antimony oxide, brominated, chlorinated, phosphorous, and others (zinc sulfide, zinc oxide, boron compounds, magnesium hydroxide, and nitrogen containing compounds). Flame retardants are added with various resins such as epoxy, unsaturated polyester, polyolefins, PVC, polyamide, PS, PU, PET & PBT, and ABS to manufacture products used in various end-use industries. In addition, building & construction, electronics & appliances, wires & cables, automotive & transportation, textiles, and other end-use industries are studied and included in this report. 02/15/19 Kailas Suryawanshi 7
  • 8. Flame Retardant Market worth 12.81 Billion USD by 2021 The leading players in the market include Albemarle (U.S.), ICL (Israel), Clariant (Switzerland), Lanxess (Germany), Nabaltec (Germany), The Dow Chemical Company (U.S.), BASF (Germany), Akzo Nobel (Netherlands), Italmatch (Italy), and Huber Engineered Materials (U.S.). Purchase a Copy of this Report Today ! 02/15/19 Kailas Suryawanshi 8
  • 9. Flame Retardant Market worth 12.81 Billion USD by 2021 MARKET LEADER New Product Launches and Expansions: Key Growth Strategies Growth of the flame retardants market is restricted by factors, such as the toxic nature of halogenated flame retardants and high loading levels of non-halogenated flame retardants altering the properties of final products. The opportunities for flame retardant manufacturers lies in developing more effective synergist compounds to boost the performance of flame retardants. Synergist blends help in reducing the amount of halogenated flame retardants by percent weight, thus reducing the toxicity and improving the retardant properties. 02/15/19 Kailas Suryawanshi 9
  • 10. Flame Retardant Market worth 12.81 Billion USD by 2021 In this scenario, it is extremely important that the players operating in the market remain competitive by adopting key growth strategies. The companies are aiming at increased market penetration at regional level by making expansions in production units or by introducing new innovations in the existing product lines meeting the guidelines of fire safety standards and environmental regulations. Global players have adopted a focused approach of expanding into emerging markets through expansions and new product launches. 02/15/19 Kailas Suryawanshi 10
  • 11. Flame Retardant Market worth 12.81 Billion USD by 2021 Major players of the flame retardants market include Albemarle (U.S.), ICL (Israel), Chemtura Corporation (U.S.), Clariant (Switzerland), The Dow Chemical Company (U.S.), Nabaltec AG (Germany), Lanxess AG (Germany), Italmatch (Italy), Huber Engineered Materials (U.S.), and Akzo Nobel (Netherlands). 02/15/19 Kailas Suryawanshi 11
  • 12. Flame Retardant Market worth 12.81 Billion USD by 2021 ICL (Israel) and Lanxess AG (Germany) are the most active players in the market. They are focusing on entering new markets by launching technologically advanced and innovative products, and making strategic expansion. Besides new product launches and expansions, companies have also adopted strategies, such as mergers & acquisitions and joint ventures/agreements/partnerships to enhance their product portfolio and distribution network. ICL (Israel) announced the expansion of its polymeric flame retardant F-122P by establishing a production facility of capacity of 10,000 metric ton. The company also increased its production for Fyrol HF-5 to meet the growing demand. ICL signed an agreement in January 2012 to use the patents of The Dow Global Technologies (U.S.) for the production of an innovative polymer flame retardant FR 22P. 02/15/19 Kailas Suryawanshi 12
  • 13. Flame Retardant Market worth 12.81 Billion USD by 2021 Lanxess AG (Germany) opted new product launch as a strategy to gain a strong foothold in the market. For instance, it developed Polyamide-6, a non-halogenated flame retardant of high thermal stability. The company also launched Durethan BG XF30 and Durethan BG 30 X FN01 for application in glass. It launched thermostable flame retardants at UTECH Europe with products names FRP 45, Levagard DMPP, TEP-Z, Disflamoll TOF, and DPK. It also invested USD 6.45 million for expansion in capacity by 10% of its phosphorous flame retardants group. 02/15/19 Kailas Suryawanshi 13
  • 14. Flame Retardant Market worth 12.81 Billion USD by 2021 KEY REVENUE POCKETS Growth prospects for the flame retardants market are positive with the market size projected to witness a CAGR of 6.4% between 2016 and 2021, in terms of value. Asia-Pacific is estimated to be the largest market during the forecast period, followed by North America and Western Europe. In terms of end- use industry, the building & construction dominates the flame retardants market. Aluminum trihydrate is the most widely used flame retardant worldwide. 02/15/19 Kailas Suryawanshi 14
  • 15. Flame Retardant Market worth 12.81 Billion USD by 2021 Emerging technologies and developing more effective synergist compounds will be the key opportunities for flame retardant players in the future. For instance, there is an increasing trend of technological advancement, with manufacturing companies shifting to the use of lightweight and durable nanoparticles/nano-fillers in their polymer matrix. The Dow Chemical Company (U.S.) introduced the new polymeric technology. Polymers are reinforced with nanoparticles either by melt compounding or in-situ polymerization. The blend exhibits high thermo-mechanical and flame retardant properties by adding only 2%–5% of these particles. The main challenge posed by nanotechnology is its higher cost than other flame retardant technologies. However, their long-term benefits prove to be much more lucrative for them in such blends. According to a study by the National Institute of Standards and Technology (NIST), the nano-based retardants are comparatively less toxic and their chemical consumption by weight is 30% lower than conventional flame retardants with no effect on their final properties. 02/15/19 Kailas Suryawanshi 15
  • 16. Flame Retardant Market worth 12.81 Billion USD by 2021 Phosphorous-based flame retardants are projected to register the highest growth between 2016 and 2021. The rapid growth of these retardants is triggered by the ban on use of toxic flame retardants as directed by regulatory bodies such as ROHS and IPC. The stringent regulatory framework is driving the market for phosphorous-based flame retardants in North America and Europe. In addition, the demand from polyurethanes and engineering plastics also pushed the market as phosphorous flame retardants emerged as the best commercially feasible replacement. Asia-Pacific is projected to be the largest and fastest-growing market owing to increasing production from small- to medium-scale manufacturers and consumption in various end-use industries in China. 02/15/19 Kailas Suryawanshi 16
  • 17. Flame Retardant Market worth 12.81 Billion USD by 2021 The wires & cables market is estimated to show a significant rise in demand in near future. This growth is projected to be driven by rapid expansion in wind energy, nuclear energy, telecommunication, and other end-use industries. The demand will also be driven by the rapid expansion of the information processing and communications sectors. These users are estimated to trigger the demand for global flame retardants in the wires & cables industry. The major users of wires & cables are the building & construction, automotive, and telecommunications industries. There is considerable scope of expansion of the industry in the emerging markets of Asia-Pacific and Middle East & North Africa (MENA). Stable economic growth in developing economies, such as China and India, along with fast urbanization and investment opportunities will boost the demand for flame retardants in the region in future. 02/15/19 Kailas Suryawanshi 17
  • 18. Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com 02/15/19 Kailas Suryawanshi 18
  • 19. Thank You ! 02/15/19 Kailas Suryawanshi 19