Flame Retardant Chemicals Market Worth $10,340 Million by 2019
DALLAS, August 7, 2014 /PRNewswire/ –
New research report “Flame Retardant Market by Type (Aluminum Trihydrate, Antimony
Oxide, Brominated, Chlorinated, Organphosphorous) and End-User Industry (Building &
Construction, Electronics, Wire & Cables, Automotive) – Global Trends & Forecast to 2019″
by MarketsandMarkets, defines and segments the isocyanate market with an analysis and
forecast of the market value. The flame retardant chemicals market value is projected to
reach $10,340 Million by 2019, at a significant CAGR from 2014 to 2019.
Browse 158 market tables and 169 figures spread through 330 pages and in-depth TOC on
“Flame Retardant Market by Type and End-User Industry – Global Trends & Forecast to 2019″.
Early buyers will receive 10% customization on reports.
The advantages offered by flame retardant chemicals in fire safety solutions, coupled
with its rising demand in various applications of end-user industries, is expected to
drive the flame retardant chemicals market. Flame retardant chemical is extensively used
in the construction, automotive, and electronics industries. The construction industry is
the major user of flame retardant chemical-based products. Flame retardant chemicals lower
down the flammability of combustible substances, reduce flame accumulation, or hinder
fire, thereby increasing its usage in the electronic industry.
The flame retardant chemicals market is growing steadily in Europe, but will continue
to grow at a rapid pace in Asia-Pacific. One of the key factors contributing to this
market is the increased usage of flame retardant chemicals in emerging Asia-Pacific
economies, due to increase in industrialization activities in major developing economies
such as China, Japan, and India. The North American markets for flame retardant chemicals
will also continue to grow at a healthy rate. The Middle East & African and Latin American
markets have still not realized their full potential but their growth rates would be
The flame retardant chemicals market is highly competitive and most companies don’t
offer all types of flame retardant chemicals. Albemarle Corporation (U.S.), Chemtura
Corporation (U.S.), and Clariant AG (Switzerland) are the most active companies in the
flame retardant chemicals market. The companies in the flame retardant chemical market are
focusing on various strategies such as new product development, capacity expansion, and
The shortage and increased price of raw material used for the production of flame
retardant chemical along with the toxicity issues related to the flame retardant chemicals
production process could pose a challenge for the growth of this market. However, in order
to ensure that the products and processes encompass all the stringent regulations
implemented by governments globally, the flame retardant chemicals manufacturers are
investing heavily into R&D activities. Most players are trying to develop an efficient and
effective way to produce bio-based flame retardant chemicals.
The report covers the flame retardant chemicals market and its trends that concern
five regions, namely, Europe, North America, Asia-Pacific, Rest of the World (ROW); and
the major countries in each region such as U.S., Canada, Germany, Italy, China, Japan,
India, and others. Flame retardant chemicals market by types, aluminum trihydrate (ATH),
antimony oxides, brominated, chlorinated, and organophosphorus along with others, have
also been studied.
Browse Related Reports:
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(Organobromines, Clear Brine Fluids, And Hydrogen Bromide) & Geography – Global Trends &
Phosphorus & Derivatives Market By Type (Ammonium and Industrial Phosphate, Phosphoric
Acid, Phosphorus Chloride and Pentasulfide), and Application (Fertilizer, Detergent, Food,
Water Treatment, Flame Retardant) – Global Trends & Forecast to 2018
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