Zion Research has
published a new report titled “Flame Retardant Chemicals (Aluminum Trihydrate
(ATH), Antimony Oxides, Bromine, Chlorine, Organophosphorus and Others) Market
for Building & Construction, Electronics, Automotive & Transportation, Wires
& Cables, Textiles, and Other End-users: Global Industry Perspective,
Comprehensive Analysis, and Forecast, 2014 - 2020”. According to the report,
the global flame retardant
chemicals market was valued at
approximately USD 6.0 billion in 2014 and is expected to reach USD 10.0 billion
by 2020, growing at a CAGR of around 10% between 2015 and 2020. In terms of
volume, global flame retardant chemicals market stood at 2.5 million tons in
2014.
Browse the full "Flame Retardant
Chemicals Market (Aluminum Trihydrate (ATH), Antimony Oxides, Bromine,
Chlorine, Organophosphorus and Others) for Building & Construction,
Electronics, Automotive & Transportation, Wires & Cables, Textiles, and
Other End-users: Global Industry Perspective, Comprehensive Analysis, and
Forecast, 2014 - 2020"
report at http://www.marketresearchstore.com/report/flame-retardant-chemicals-market-antimony-z38851
Flame retardant
chemicals are additives added to manufactured materials, such as plastics and
textiles, and surface finishes and coatings that inhibit, suppress, or delay
the production of flames to prevent the spread of fire. They may be mixed with
the base material (additive flame retardants) or chemically bonded to it
(reactive flame retardants). Flame retardants are combination of a variety of
different chemicals with different properties and structures that act as flame
retardant. Flame retardants are designed to minimize the risk of a fire from
starting and limit the spread of fire. Flame retardant chemicals are generally
used to treat flammable materials such as textile and polymers. Some of the
most widely used flame retardant chemicals include bromine, phosphorus,
nitrogen and chlorine. Some inorganic compounds are also used as a flame
retardant, either alone or as part of a flame retardant system in combination
with bromine, phosphorus or chlorine. Flame retardant chemicals can be
generally classified as halogenated and non-halogenated flame retardants.
The global flame
retardant chemical market is primarily driven by technological advancements in
fire safety solutions and regulations. Strong regulations’ regarding fire
safety of buildings & construction and automobile has resulted into strong
growth of fire retardant chemicals in the recent past. Plastic and textile are
growing popularity among end-users owing to several operational benefits
offered by these materials. However, plastic and textile are highly flammable
materials. With increasing use of plastic and textile in large number of
applications in host of industries such as building & construction, automotive,
electrical & electronic is resulted into growing need for fire safety.
However, toxicity issues related to use of halogenated flame retardants and
high cost of non-halogenated flame retardants is expected to be major restraint
of the global flame retardant chemical market.
Aluminum trihydrate
(ATH), antimony oxides, bromine, chlorine, organophosphorus and others are the
key product segments of flame retardant chemicals market. Bromine was the
largest segment of the flame retardant chemicals market with over 25% share in
2014. However, stringent environmental regulations on the usage of bromine in
electrical and electronics in Europe and North America are expected to hold
back the growth of this segment during the forecast period. Organophosphorus is
expected to be one of the fastest-growing product segments of the flame
retardant chemicals market in the years to come.
On the basis of end-users, the global flame retardant chemicals market has been segmented into building & construction, electronics, automotive & transportation, wire & cables, textiles, and others. In terms of demand, the building & construction was the largest end-use industry segment of the flame retardant chemicals market and accounted for more than 30% of the global market share in 2014. Rising building & construction activities in emerging countries are is a major factor driving demand for flame retardant chemicals. This, in turn, is boosting the building & construction application segment of the flame retardant chemicals market. The demand from electrical industry is expected to exhibit moderate CAGR between 2015 and 2020.
On the basis of end-users, the global flame retardant chemicals market has been segmented into building & construction, electronics, automotive & transportation, wire & cables, textiles, and others. In terms of demand, the building & construction was the largest end-use industry segment of the flame retardant chemicals market and accounted for more than 30% of the global market share in 2014. Rising building & construction activities in emerging countries are is a major factor driving demand for flame retardant chemicals. This, in turn, is boosting the building & construction application segment of the flame retardant chemicals market. The demand from electrical industry is expected to exhibit moderate CAGR between 2015 and 2020.
Asia Pacific dominated
the global flame retardant chemicals market in 2014 followed by North America
and Europe. In terms of volume, Asia Pacific accounted for more than 40% of the
global flame retardant chemicals market in 2014 and is expected to be the
fastest-growing market in the near future. North America accounted for the
second-largest market share of the flame retardant chemicals market in 2014.
Furthermore, Latin America and Middle East & Africa are also
projected to grow at a steady pace due to growing automotive and construction
industry in these regions.
AkzoNobel N.V, BASF
SE, Clariant AG, Albemarle Corp, Dow Chemical Company, DuPont, Lanxess AG,
Israel Chemicals Ltd (ICL), Chemtura Corporation, Bayer Materialscience, and
Dic Corporatio are some major players included in global flame retardant
chemicals market.
This report segments
the global flame retardant chemicals market as follows:
Global Flame Retardant Chemicals Market: Product Segment Analysis
Global Flame Retardant Chemicals Market: Product Segment Analysis
- Aluminum
trihydrate (ATH)
- Antimony
oxides
- Brominated
- Chlorinated
- Organophosphorus
- Others
Global Flame Retardant Chemicals Market: End-user Segment
Analysis
- Building
& construction
- Electronics
- Automotive
& transportation
- Wires
& cables
- Textiles
- Others
Global Flame Retardant Chemicals Market: Regional Segment
Analysis
- North
America
- U.S.
- Europe
- Germany
- France
- UK
- Asia
Pacific
- China
- Japan
- India
- Latin
America
- Brazil
- Middle
East and Africa
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3422 SW 15 Street, Suit #8138
Deerfield Beach, Florida 33442
United States
Toll Free: +1-855-465-4651 (USA-CANADA)
Tel: +1-386-310-3803
Email: sales@marketresearchstore.com
Website: http://www.marketresearchstore.com
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