PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1643857
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1643857
New Application Innovations are Driving Transformational Growth by Fueling Business Development
Flame retardants (FRs) are chemical additives deployed to mitigate flame propagation in various sectors, including construction, wire & cable, transportation, and electrical & electronics. Regional regulations and standards set by different end-use industries significantly impact the FR industry. Moreover, a global increase in high-rise fires highlights the need for improved safety standards for aluminum composite panel cladding used in building siding. A primary focus area for raw material suppliers and FR manufacturers is thus the augmentation of sustainable, safe content in their products.
This Frost & Sullivan report segments the FR market by product type, material, application, and end use, offering vital qualitative and quantitative market insights. The report analyzes factors driving and restraining this industry and identifies the growth opportunities emerging from this space for market players and stakeholders to leverage. The base year is 2024, and the forecast period is from 2025 to 2031. This report complements Frost & Sullivan's "Fire Protection Coatings, Global, 2024-2030" (PFOB-85).