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Flame Retardant Market Global Trend, Segmentation and Forecast to 2025

Favorable regulatory scenario promoting the use of these materials for fire safety is expected to fuel market growth over the forecast period. Flame retardants are added to potentially flammable products as a precautionary measure against fire hazards.

The Global Flame Retardants Market is expected to reach USD 11.96 billion by 2025, according to a new report by Grand View Research, Inc.



Stringent fire safety regulations and guidelines have forced construction industry to adopt flame retardant usage. The usage of the high amount of composite material and plastics has increased the risk of fire hazards. To reduce this risk and to increase the critical escape time in case of fire hazards, there has been an increase in FR usage and this trend is expected to grow over the next nine years thus benefitting flame retardant demand.

Non halogenated flame retardants emerged as the leading product segment and accounted for 57.7% of total market volume in 2015. The product segment is also expected to witness the highest growth of 5.7% over the forecast period. Favorable regulations regarding the use of non halogenated flame retardants are expected to drive this segment over the forecast period.

Electrical & electronics was the leading end-use industry consuming flame retardants with a demand share exceeding 40% in 2015. It is also expected to witness the highest growth of 5.2% over the forecast period. The growth of electronics industry particularly in Asia Pacific coupled with favorable regulations is expected to drive growth.

To Know More About Flame Retardant Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/flame-retardant-market

Top Players of Flame Retardant Market:

Major industry participants include Chemtura Corporation, Albemarle Corporation, Israel Chemical LTD., Clariant International Ltd., BASF, & DSM N.V.

Market Segmentation of Flame Retardant Market:

The Flame Retardant Market segmented on the basis of Product, Application, End Use and Region.

By Product:

    Halogenated Flame Retardants
        Brominated FR
        Chlorinated Phosphates
        Antimony Trioxide
    Non Halogenated Flame Retardants
        Aluminum Hydroxide
        Magnesium Dihydroxide
        Phosphorous Based

By Application:

    Polyolefins
    Epoxy resins
    Unsaturated Polyester
    Polyvinyl Chloride
    Engineering Thermoplastics
    Rubber
    Styrenics

By End-Use:

    Construction
    Transportation
    Electrical & Electronics

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East and Africa

Inquire about Flame Retardant Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3269
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