Global Flame Retardant Market Size, Share & Trends Analysis Report by Type (Alumina Trihydrate, Antimony Oxide, Brominated Flame Retardants, Chlorinated Flame Retardants, and others), By End-User Industry (Building & Construction, Electrical & Electronics, Automotive, Textiles, and Others) and Forecast 2019-2025.
The global flame retardant market is estimated to have 5.2% CAGR during the forecast period. The market growth is mainly driven by an increasing number of fire cases and growing trends manufacturing of fireproof electrical and electronics devices across the globe. Furthermore, the growing demand of fire retardant chemicals in automotive and building & construction coupled with government guidelines and standards for the use of flame retardant contribute to the growth of the market. However, the environmental concern related to flame retardant material is projected to hinder the market growth during the forecast period. Moreover, the introduction of advance halogen-free flame retardant further provides a substantial opportunity in the market during the forecast period.
Geographically, the global flame-retardant market is further classified into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to have a significant market share in the global market. The market is mainly driven by favorable government policies for the use of flame-retardant chemicals in building and construction coupled with increasing fire cases in the region. Moreover, Asia-Pacific is estimated to have considerable market growth in the global market owing to the growing industrialization and electronics industry.
The global flame retardant market is influenced by product development and advancements conducted by the market players. The key players of the flame retardant market include Albemarle Corp., Clariant International Ltd., Israel Chemicals Ltd., LANXESS AG, Nabaltec AG. The other market players include Akzo Nobel N.V., BASF SE, DuPont de Nemours, Inc., Firetect, Inc., J.M. Huber Corp, Koninklijke DSM N.V. and others. These players are playing a significant role in the growth of the flame retardant market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global flame-retardant market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report is intended for a chemical electronics manufacturer, automotive manufacturer and, investing companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Flame Retardant Market Research and Analysis by Type
2. Global Flame Retardant Market Research and Analysis by End-User Industry
The Report covers:
The global flame retardant market is estimated to have 5.2% CAGR during the forecast period. The market growth is mainly driven by an increasing number of fire cases and growing trends manufacturing of fireproof electrical and electronics devices across the globe. Furthermore, the growing demand of fire retardant chemicals in automotive and building & construction coupled with government guidelines and standards for the use of flame retardant contribute to the growth of the market. However, the environmental concern related to flame retardant material is projected to hinder the market growth during the forecast period. Moreover, the introduction of advance halogen-free flame retardant further provides a substantial opportunity in the market during the forecast period.
Geographically, the global flame-retardant market is further classified into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to have a significant market share in the global market. The market is mainly driven by favorable government policies for the use of flame-retardant chemicals in building and construction coupled with increasing fire cases in the region. Moreover, Asia-Pacific is estimated to have considerable market growth in the global market owing to the growing industrialization and electronics industry.
The global flame retardant market is influenced by product development and advancements conducted by the market players. The key players of the flame retardant market include Albemarle Corp., Clariant International Ltd., Israel Chemicals Ltd., LANXESS AG, Nabaltec AG. The other market players include Akzo Nobel N.V., BASF SE, DuPont de Nemours, Inc., Firetect, Inc., J.M. Huber Corp, Koninklijke DSM N.V. and others. These players are playing a significant role in the growth of the flame retardant market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
Research Methodology
The market study of the global flame-retardant market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for a chemical electronics manufacturer, automotive manufacturer and, investing companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
1. Global Flame Retardant Market Research and Analysis by Type
2. Global Flame Retardant Market Research and Analysis by End-User Industry
The Report covers:
- Comprehensive research methodology of the global flame-retardant market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global flame-retardant market.
- Insights about market determinants which are stimulating the global market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- Akzo Nobel N.V.
- Albemarle Corp.
- Apexical, Inc.
- BASF SE
- Clariant International, Ltd.
- Daihachi Chemical End-user industry Co. Ltd.
- Delamin, Ltd.
- DIC Corp.
- DuPont de Nemours, Inc.
- Firetect, Inc.
- FRX Polymers, Inc.
- Israel Chemicals, Ltd.
- Italmatch Chemicals S.p.A.
- J.M. Huber Corp
- Koninklijke DSM N.V.
- LANXESS AG
- MPI Chemie B.V.
- Nabaltec AG
- RTP Co.
- THOR Group, Ltd. "
