Non-halogenated Flame Retardants Market Size And Forecast
The Global Non-halogenated Flame Retardants Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market is outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Non-halogenated Flame Retardants Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period
Non-halogenated Flame Retardants Market was valued at USD 5 Billion in 2019 and is projected to reach USD 9.53 Billion by 2027, growing at a CAGR of 8.4 % from 2020 to 2027.
What are Non-halogenated Flame Retardants?
Non-halogenated flame retardants are additives used in materials such as textiles, coatings, and plastic to slow down the spread of fire and to increase the fire resistance in them. They get activated due to the presence of ignition source and prevent or slow down the ignition process. Flame retardants can also be used as a copolymer in the polymerization process. Non-halogenated flame retardants emit less smoke post disposal and are recyclable. They have a wide variety of applications in various industry segments like textile, plastic, and rubber. These flame retardants are devoid of halogens and also have higher efficiency.
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Global Non-halogenated Flame Retardants Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
The rising use of polymers in industries, such as building and construction, textiles, transportation, and electronics is likely to fuel market growth during the forecasted period. Growing awareness about fire safety and environmental regulations against the use of halogenated flame retardants is expected to act as a growth contributing factor in the coming years. Less hazardous nature, durability, transparency, and cost-effectiveness are the factors which expect a boost to the market over the forecasted period. In contrast, non-halogenated affects physical and chemical flame characteristics of the end products as they are plagued by some performance and processing issues in plastics application. This can act as a restraining factor of the market.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Non-halogenated Flame Retardants Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Non-halogenated Flame Retardants Market Competitive Landscape
The “Global Non-halogenated Flame Retardants Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Clariant International Limited, Albemarle Corporation, Israel Chemical Limited, Italmatch Chemicals S.p.A, Chemtura Corporation, Nabaltec AG, FRX Polymer Inc, Huber Engineered Material, Amfine Chemical Corporation, and THOR Group Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Non-halogenated Flame Retardants Market, By Product
• Aluminum Hydroxide
• Organo-Phosphorus Chemicals
• Others
o Nitrogen
o Zinc
o Magnesium hydroxide
o Borates
Non-halogenated Flame Retardants Market, By Application
• Polyolefins
• Epoxy resins
• Unsaturated polyesters (UPE)
• Poly-vinyl chloride (PVC)
• Engineering thermoplastic (ETP)
• Rubber
• Styrenics
Non-halogenated Flame Retardants Market, By End-User
• Electrical and Electronics
• Buildings and Construction
• Transportation
• Textiles and Furniture
Non-halogenated Flame Retardants Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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