PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1645182
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1645182
Flame Retardants Market Introduction and Overview
According to SPER market research, 'Global Flame Retardants Market Size- By Product, By Application, By End Use - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Flame Retardants Market is predicted to reach 13.05 billion by 2034 with a CAGR of 5.43%.
Chemicals or compounds known as flame retardants are added to materials such as foams, textiles, and plastics to reduce their flammability or slow the spread of fires. In order to prevent heat and oxygen from reaching the material, these substances either create a protective barrier or restrict the chemical reactions that feed a flame. In several industries, such as construction, automotive, electronics, and textiles, flame retardants are frequently used to increase fire safety and lower fire risks.
Traditional flame retardants, particularly those that contain chlorine or bromine, have been connected to risks to the environment and human health. These chemicals have the capacity to accumulate in living organisms, damage ecosystems, and remain in the environment. Increasing worries about their negative effects have led to regulatory restrictions and a shift toward greener alternatives. Many brominated flame retardants are known to be endocrine disruptors, and some have also been linked to serious health effects, including neurological and developmental issues.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By Application, By End Use.
Regions covered
North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered Albemarle Corporation, BASF SE, CLARIANT, DSM, DuPont, FRX Innovations, Huber Engineered Materials, ICL, Italmatch Chemicals S.p.A, LANXESS, THOR, Others.
Flame Retardants Market Segmentation:
By Product: Based on the Product, Global Flame Retardants Market is segmented as; Halogenated, Non-Halogenated.
By Application: Based on the Application, Global Flame Retardants Market is segmented as; Polyolefins, Epoxy Resins, UPE, PVC, ETP, Rubber, Styrenics, Others.
By End Use: Based on the End Use, Global Flame Retardants Market is segmented as; Construction, Transportation, Electrical & Electronics, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.