The demand for flame retardants is driven by the increase of infrastructure activities in the economies, such as India, China, Indonesia, and others, and the growing consumer demand for electrical & electronic products, across the world. Building & construction industry dominates the flame retardant chemicals market, with a significant share. The growing population, coupled with the increasing purchasing power among middle-class population in the developing economies such as India, South Korea, and ASEAN countries, has boosted the need for infrastructural projects such as recreational centers, shopping malls, sophisticated health care centers, high-rise buildings, and others, thus, accelerating the usage of flame retardant chemicals.
The growing demand and usage of flame retardant chemicals in the manufacture of consumer electrical & electronic goods are expected to boost the market growth.
The global market, based on type, has been segmented into non-halogenated flame retardants, such as inorganic compounds that include aluminum hydroxide, magnesium hydroxide, and boron compounds, phosphorus, nitrogen, and others, and halogenated flame retardants that include brominated and chlorinated compounds.
In terms of consumption, Asia-Pacific accounted for the major market share with almost 50% of the global market in 2017.
In Asia-Pacific, the major demand for flame retardant chemicals is from building & construction sector, as the construction industry is growing rapidly in the developing economies such as China, India, and ASEAN countries. In addition, the demand for flame retardant chemicals is increasing from electrical & electronics and transportation sector, with electrical & electronics segment being the fastest-growing application in the region.
In Apr 2017, LANXESS completed the acquisition of US-based Chemtura, a leading manufacturer of flame retardant chemicals. The acquisition is expected to aid LANXESS in expanding its consumer base, especially in North America, and China
In May 2017, LANXESS successfully completed a project to increase the capacity of its Emerald Innovation 3000 flame retardant production unit to increase the sustainable output from 10,000 to 14,000 MT per year
In Jun 2016, Nyacol Nano Technologies, Inc., a US-based firm operating in the research, development, and manufacturing of inorganic colloids and nanomaterials, launched a new series of non-halogenated flame retardant, namely, BurnEx 608
WHY PURCHASE THIS REPORT?
Will the growing construction industry help accelerate the flame retardant chemicals market
What will be the impact of LANXESS acquiring Chemtura on the flame retardant chemicals market
Know about: the latest technological advancements in the manufacture of flame retardant chemicals
How regulations against halogenated flame retardant chemicals affecting the flame retardant chemicals market
Analyzing various market perspectives, with the help of porter’s five forces analysis
Which type of flame retardant chemical will dominate the market
Which of the regions will witness the fastest growth during forecast period
Identify the latest developments, market shares, and strategies employed by the major market players, such as:
Huber Engineered Materials
DAIHACHI Chemical Industry Co., Ltd.
1.1 Scope of the Report
1.2 Research Methodology
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness - Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Buyers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products & Services
3.2.5 Degree of Competition
3.3 Regulatory Policy Analysis
3.4 Raw Material Analysis
3.5 Technological Snapshot
4. Market Dynamics
4.1.1 Increasing Infrastructure Activities in Asia-Pacific
4.1.2 Rise in Safety Standards in Building Construction
4.1.3 Rising Consumer Electrical and Electronic Goods Manufacturing
4.2.1 Environmental and Health Concerns Regarding Brominated and Other Halogenated Flame Retardants
4.2.2 Non-Suitability of Hydroxides to High-Temperature Applications
4.2.3 Other Restraints
4.3.1 Rising Awareness on Environment-Friendly Flame Retardants
4.3.2 Active R&D Into Non-Halogenated Flame Retardants
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 by Type
5.1.1 Non-Halogenated Flame Retardant Chemicals
22.214.171.124.1 Aluminum Hydroxide
126.96.36.199.2 Magnesium Hydroxide
188.8.131.52.3 Boron Compounds
5.1.2 Halogenated Flame Retardants Chemicals
184.108.40.206 Brominated Compounds
220.127.116.11 Chlorinated Compounds
5.2 by Industry Application
5.2.1 Electrical & Electronics
5.2.2 Buildings & Construction
5.2.4 Textiles & Furniture
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.1 North America
6.1.1 United States
6.1.4 Rest of North America
6.2.4 South Korea
6.2.5 Asean Countries
6.2.6 Australia & New Zealand
6.2.7 Rest of Asia-Pacific
6.3.2 United Kingdom
6.3.5 Nordic Countries
6.3.6 Rest of Europe
6.4 South America
6.4.3 Rest of South America
6.5 Middle-East & Africa
6.5.1 Saudi Arabia
6.5.2 South Africa
6.5.4 Rest of Middle-East & Africa
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services, Recent Developments, and Analyst View)
8.1 Apexical Inc.
8.2 Basf Se
8.3 Clariant Ag
8.4 Daihachi Chemical Industry Co. Ltd.
8.5 Dic Corporation
8.6 Dsm N.V.
8.8 Eti Maden
8.9 Huber Engineered Materials (J.M. Huber Corporation)
8.11 Italmatch Chemicals S.P.A.
8.12 Jiangsu Yoke Technology Co. Ltd
8.13 Mpi Chemie B.V.
8.15 Nabaltec Ag
8.16 Nippon Carbide Industries Co. Inc. (Sanwa Chemical Co. Ltd.)
8.17 Nyacol Nano Technologies, Inc.
8.18 Rin Kagaku Kogyo Co. Ltd.
8.19 Rtp Company
8.20 Shandong Brother Sci. &Tech. Co. Ltd
8.21 Sumitomo Corporation
8.23 Tor Minerals
*(List Not Exhaustive)
- Apexical Inc.
- Basf Se
- Clariant Ag
- Daihachi Chemical Industry Co. Ltd.
- Dic Corporation
- Dsm N.V.
- Eti Maden
- Huber Engineered Materials (J.M. Huber Corporation)
- Italmatch Chemicals S.P.A.
- Jiangsu Yoke Technology Co. Ltd
- Mpi Chemie B.V.
- Nabaltec Ag
- Nippon Carbide Industries Co. Inc. (Sanwa Chemical Co. Ltd.)
- Nyacol Nano Technologies Inc.
- Rin Kagaku Kogyo Co. Ltd.
- Rtp Company
- Shandong Brother Sci. &Tech. Co. Ltd
- Sumitomo Corporation
- Tor Minerals