Market
Overview:
Market Research Future (MRFR) has revealed in its latest report that the
global halogen-free flame retardants market is projected to thrive moderately
at a CAGR of 5.76% during forecast period 2018 to 2023. The halogen-free flame
retardants market is estimated to grow from USD 2191.95 Mn in 2017 to USD
3067.05 Mn by the end of 2023. The disclosure about the toxin emissions from
halogen and its severe effects on life and earth in the 1990s has paved the way
for the adoption of halogen-free flame retardants over the years.
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The shift towards non-halogenated retardants supported by the stringent
laws enforced such as Restriction of Hazardous Substances (RoHS); Registration,
Evaluation, Authorization and Restriction of Chemicals (REACH); Waste
Electrical and Electronic Equipment Regulation (WEEE), etc. is likely to
augment the global halogen-free flame retardants market growth in the
foreseeable future. The strong value maintained by the construction industry is
expected to catapult the market on an upward trajectory. The extensive use of
polymers in the construction sector in the form of plastics, composites, foams,
textiles, and paints and coatings, among others has intensified the adoption of
halogen-free flame retardants for meeting safety standards. The demand from the
construction sector is poised to catalyze with the accelerated construction
activities being undertaken globally. Additionally, the increasing demand from
the electronics industry and opportunities posed by transportation industry are
projected to open avenues of market growth over the next couple of years.
Nevertheless, high loading levels of halogen-free flame retardants remain an impediment
to the market proliferation.
Global Key
Players:
Ø Clariant
Ø Lanxess
Ø ICL
Ø Albermarle Corporation
Ø Nabaltec AG
Ø RTP company
Ø Huber Engineered Materials
Ø SIMONA AMERICA Inc.
Ø Bayer AG
Ø BASF SE
Ø Celanese Corporation
Ø Delamin Limited
Industry Segmentation:
The global
halogen-free flame retardants market is segmented on the basis of the type,
resin, end-use industries, and region.
On the basis
of the type, the global halogen-free flame retardants market is segmented as
aluminum hydroxide, alumina trihydrate, magnesium hydroxide, phosphorous-based,
molybdate flame retardants & smoke suppressants, and others.
Based on the
resin, the global market is segmented as polypropylene, polyethylene, nylon,
polycarbonate, polyethylene terephthalate, polybutylene terephthalate, and
others.
On the basis
of the end-user industries, the global market is segmented into building &
construction, electronics & electrical, automotive, paints & coatings,
and others.
Report Overview:
This MRFR report offers a comprehensive
analysis of the global Halogen-Free
Flame Retardant market for the forecast
period 2018-2023. The primary objective of the report is to provide an unbiased
perspective towards the market. Key growth opportunities and market threats are
also discussed in the report. The scope of the discussion also covers various
types of halogen-free flame retardants such as aluminum trihydrate,
phosphorous-based, and magnesium hydroxide. Revenue analysis of major types of
resins that are used for manufacturing halogen-free flame retardants such as
polyethylene, polypropylene, epoxy, unsaturated polyesters, polyvinyl chloride,
styrenics, engineered thermoplastics, and rubber is also available in the
report. Primary end-use industries of halogen-free flame retardants that are
analyzed in the report include building & construction, electrical &
electronics, transportation and consumer goods.
Research Methodology
Market Research Future (MRFR) engages
advanced analytical algorithms for drawing an insightful representation of
market foresight. Statistical observations available in our reports are
authenticated by data sourced from extensive primary and secondary research,
which includes interviews with industry opinion holders, white paper
references, SEC filings, paid database services, and published annual reports
among others. Optimum quality and credibility of the market intelligence is assured
by the deployment of advanced scientific tools for data assimilation and
mapping. An in-depth analysis of key market elements such as historical data,
consumer behavior, etc. reaffirms the credibility of the research findings.
Top-down and bottom-up approaches employed authenticate the market size and
revenue estimation. A multi-layer verification process assures the accuracy of
the quantitative and qualitative information.
By Type
- Aluminum Trihydrate
- Phosphorous-Based
- Magnesium Hydroxide
- Others
By Resin Type
- Polyethylene
- Polypropylene
- Epoxy
- Unsaturated Polyesters
- Polyvinyl Chloride
- Styrenics
- Engineered Thermoplastics
- Rubber
- Others
By End-Use Industry
- Building & Construction
- Electrical & Electronics
- Transportation
- Consumer Goods
- Others
By Region
- North America: US and Canada
- Europe: Germany, Netherlands, Belgium, Poland,
Italy, Russia, UK, France, Spain, and Rest of Europe
- Asia-Pacific: China, Japan, India, Australia
& New-Zealand, Malaysia, Thailand, South Korea, and Rest of
Asia-Pacific
- Middle East & Africa: Egypt, UAE, Israel,
Saudi Arabia, Turkey, Rest of the Middle East & Africa
- Latin America: Brazil, Argentina, Mexico, Rest
of Latin America
Intended Audience
- Halogen-free flame retardants manufacturers
- Suppliers and distributors
- Potential investors
- Raw material suppliers
- Associations
- Government
- End-Use Industries
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NOTE: Our team of researchers are studying
Covid19 and its impact on various industry verticals and wherever required we
will be considering covid19 footprints for a better analysis of markets and
industries. Cordially get in touch for more details.
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