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Fire Retardant

PUBLISHER: Grand View Research | PRODUCT CODE: 1575099

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PUBLISHER: Grand View Research | PRODUCT CODE: 1575099

Low Smoke Halogen Free Flame Retardant Polypropylene Market Size, Share & Trends Analysis Report By Application (Construction, Automotive, Electrical & Electronics, Industrial), By Region, And Segment Forecasts, 2024 - 2030

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Table of Contents

Low Smoke Halogen Free Flame Retardant Polypropylene Market Growth & Trends:

The global low smoke halogen free flame retardant polypropylene market size is expected to reach USD 1.20 billion by 2030, registering at a CAGR of 9.5% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing construction spending particularly in emerging economies is one of the major reason fueling the market growth.

Favorable government regulations are further anticipated to benefit the overall market. The government bodies across the globe have been formulating new regulations and safety norms to reduce the occurrence of fire mishaps. Halogen-free flame retardant polypropylene (PP) is believed to be an effective way to overcome these fires maintaining the VOC levels. These regulations are mainly to ensure the quality of the product that can control the spread of fire or at least provide an extended escape time.

Flame retardant PP provides an additional layer of protection against fire. However, high investment cost and development of other alternative products are anticipated to be the major factors which can affect the market growth. Further, environmental hazards related to halogenated flame retardants have forced governments across the globe to implement strict laws and regulations to discourage their usage.

Companies around the world are focusing on new and better technologies with the help of which they can develop new halogenated flame retardant polypropylene based products for end-use industries such as construction, automotive, and electronics, furniture, packaging, and labeling.

Low Smoke Halogen Free Flame Retardant Polypropylene Market Report Highlights:

  • Demand for low-smoke halogen-free flame retardant polypropylene (PP) in construction applications is expected to be the fastest-growing segment.
  • Considerable growth in population coupled with rapid urbanization across the globe in the recent past is expected to increase the construction activities. Rising disposable income has also boosted the global construction industry.
  • Asia Pacific dominated the market with a revenue share of 35.1% in 2023; moreover, this region is expected to expand at the fastest CAGR of 11.0% during the forecast period
  • Asia Pacific is expected to be the fastest-growing market for over the forecast period. With the growth of major end-use industries such as construction, electrical & electronics and automotive sector across the region, the halogen free flame retardants PP market is also expected to propel.
  • The industry is consolidated in nature with the presence of giant global players. This had resulted in increased competition between the manufacturers and the distributors.
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Product Code: 978-1-68038-402-4

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation and Scope
  • 1.2. Market Definitions
  • 1.3. Research Methodology
    • 1.3.1. Information Procurement
    • 1.3.2. Information or Data Analysis
    • 1.3.3. Market Formulation & Data Visualization
    • 1.3.4. Data Validation & Publishing
  • 1.4. Research Scope and Assumptions
    • 1.4.1. List of Data Sources

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
  • 2.3. Competitive Insights

Chapter 3. Low Smoke Halogen Free Flame Retardant Polypropylene Market Variables, Trends, & Scope

  • 3.1. Market Introduction/Lineage Outlook
  • 3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilo Tons)
  • 3.3. Market Dynamics
    • 3.3.1. Market Drivers Analysis
    • 3.3.2. Market Restraints Analysis
  • 3.4. Low Smoke Halogen Free Flame Retardant Polypropylene Market Analysis Tools
    • 3.4.1. Porter's Analysis
      • 3.4.1.1. Bargaining power of the suppliers
      • 3.4.1.2. Bargaining power of the buyers
      • 3.4.1.3. Threats of substitution
      • 3.4.1.4. Threats from new entrants
      • 3.4.1.5. Competitive rivalry
    • 3.4.2. PESTEL Analysis
      • 3.4.2.1. Political landscape
      • 3.4.2.2. Economic and Social landscape
      • 3.4.2.3. Technological landscape
      • 3.4.2.4. Environmental landscape
      • 3.4.2.5. Legal landscape

Chapter 4. Low Smoke Halogen Free Flame Retardant Polypropylene Market: Application Estimates & Trend Analysis

  • 4.1. Segment Dashboard
  • 4.2. Low Smoke Halogen Free Flame Retardant Polypropylene Market: Application Movement Analysis, USD Million, Volume in Kilo Tons 2023 & 2030
  • 4.3. Construction
    • 4.3.1. Construction Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 4.4. Automotive
    • 4.4.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 4.5. Electrical & Electronics
    • 4.5.1. Electrical & Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 4.6. Industrial
    • 4.6.1. Industrial Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 4.7. Others
    • 4.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)

Chapter 5. Low Smoke Halogen Free Flame Retardant Polypropylene Market: Regional Estimates & Trend Analysis

  • 5.1. Low Smoke Halogen Free Flame Retardant Polypropylene Market Share, By Region, 2023 & 2030, USD Million
  • 5.2. North America
    • 5.2.1. North America Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.2.2. U.S.
      • 5.2.2.1. U.S. Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.2.3. Canada
      • 5.2.3.1. Canada Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.2.4. Mexico
      • 5.2.4.1. Mexico Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 5.3. Europe
    • 5.3.1. Europe Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.2. UK
      • 5.3.2.1. UK Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.3. Germany
      • 5.3.3.1. Germany Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.4. France
      • 5.3.4.1. France Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.5. Italy
      • 5.3.5.1. Italy Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.6. Spain
      • 5.3.6.1. Spain Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.7. Russia
      • 5.3.7.1. Russia Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.8. Denmark
      • 5.3.8.1. Denmark Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.9. Sweden
      • 5.3.9.1. Sweden Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.3.10. Norway
      • 5.3.10.1. Norway Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 5.4. Asia Pacific
    • 5.4.1. Asia Pacific Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.2. China
      • 5.4.2.1. China Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.3. India
      • 5.4.3.1. India Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.4. Japan
      • 5.4.4.1. Japan Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.5. Australia
      • 5.4.5.1. Australia Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.6. South Korea
      • 5.4.6.1. South Korea Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.7. Indonesia
      • 5.4.7.1. Indonesia Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.4.8. Vietnam
      • 5.4.8.1. Vietnam Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 5.5. Latin America
    • 5.5.1. Latin America Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.5.2. Brazil
      • 5.5.2.1. Brazil Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.5.3. Argentina
      • 5.5.3.1. Argentina Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
  • 5.6. Middle East and Africa
    • 5.6.1. Middle East and Africa Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.6.2. South Africa
      • 5.6.2.1. South Africa Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.6.3. Saudi Arabia
      • 5.6.3.1. Saudi Arabia Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.6.4. UAE
      • 5.6.4.1. UAE Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)
    • 5.6.5. Kuwait
      • 5.6.5.1. Kuwait Low Smoke Halogen Free Flame Retardant Polypropylene Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilo Tons)

Chapter 6. Competitive Landscape

  • 6.1. Recent Developments & Impact Analysis by Key Market Participants
  • 6.2. Company Categorization
  • 6.3. Company Heat Map Analysis
  • 6.4. Company Profiles
    • 6.4.1. Borealis AG
      • 6.4.1.1. Participant's Overview
      • 6.4.1.2. Financial Performance
      • 6.4.1.3. Product Benchmarking
      • 6.4.1.4. Recent Developments/ Strategic Initiatives
    • 6.4.2. RTP Company
      • 6.4.2.1. Participant's Overview
      • 6.4.2.2. Financial Performance
      • 6.4.2.3. Product Benchmarking
      • 6.4.2.4. Recent Developments/ Strategic Initiatives
    • 6.4.3. SABIC
      • 6.4.3.1. Participant's Overview
      • 6.4.3.2. Financial Performance
      • 6.4.3.3. Product Benchmarking
      • 6.4.3.4. Recent Developments/ Strategic Initiatives
    • 6.4.4. Avient Corporation
      • 6.4.4.1. Participant's Overview
      • 6.4.4.2. Financial Performance
      • 6.4.4.3. Product Benchmarking
      • 6.4.4.4. Recent Developments/ Strategic Initiatives
    • 6.4.5. Mitsubishi Chemical Group Corporation
      • 6.4.5.1. Participant's Overview
      • 6.4.5.2. Financial Performance
      • 6.4.5.3. Product Benchmarking
      • 6.4.5.4. Recent Developments/ Strategic Initiatives
    • 6.4.6. LyondellBasell Industries Holdings B.V.
      • 6.4.6.1. Participant's Overview
      • 6.4.6.2. Financial Performance
      • 6.4.6.3. Product Benchmarking
      • 6.4.6.4. Recent Developments/ Strategic Initiatives
      • 6.4.6.5. Initiatives
    • 6.4.7. LG Chem
      • 6.4.7.1. Participant's Overview
      • 6.4.7.2. Financial Performance
      • 6.4.7.3. Product Benchmarking
      • 6.4.7.4. Recent Developments/ Strategic Initiatives
      • 6.4.7.5. Initiatives
    • 6.4.8. Sumitomo Chemical Co., Limited
      • 6.4.8.1. Participant's Overview
      • 6.4.8.2. Financial Performance
      • 6.4.8.3. Product Benchmarking
      • 6.4.8.4. Recent Developments/ Strategic Initiatives
      • 6.4.8.5. Initiatives
    • 6.4.9. Exxon Mobil Corporation
      • 6.4.9.1. Participant's Overview
      • 6.4.9.2. Financial Performance
      • 6.4.9.3. Product Benchmarking
      • 6.4.9.4. Recent Developments/ Strategic Initiatives
      • 6.4.9.5. Initiatives
    • 6.4.10. MERICK POLYMERS CO., LTD.
      • 6.4.10.1. Participant's Overview
      • 6.4.10.2. Financial Performance
      • 6.4.10.3. Product Benchmarking
      • 6.4.10.4. Recent Developments/ Strategic Initiatives
      • 6.4.10.5. Initiatives
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