Flame Retardants Market Size, Trends, Demand, Share, Opportunity, Outlook - 2023

Posted by Moin Patni on January 10th, 2019

Flame Retardants Market Key Players: Albemarle (U.S.), Albemarle (Israel), Chemtura (U.S.), Clariant (Switzerland), Italmatch Chemicals, LLC (Italy), Huber Engineered Materials (U.S.), BASF SE (Germany), Thor Group Ltd. (U.K.), Lanxess (Germany), and DSM (the Netherlands) are some of the major players profiled in MRFR Analysis and are at the forefront of competition in the Global Flame Retardants Market.

Flame Retardants Market Segmentation: To generate a bird’s eye of the market, the global flame retardants market is segmented by types, application, end users, and region.

Based on types, the market is segmented into brominated, phosphorus, nitrogen, chlorinated, metal hydrate and others.

Based on application, the market is segmented into plastics, fabrics, cable and wires, polyurethane foam, and others.

Based on the end user, the market segmented into transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.

Based on regions, the market has been segmented by North America, Europe, Asia Pacific, Middle East and Africa.

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Flame Retardants Market Regional Analysis: Globally, Asia Pacific is the leading region in the market on account of growing consumption of fire prevention materials in construction, electrical & electronics, and military sectors. These coverings are used to impart corrosion resistance and responsive nature to the final product. Growing population and a surge in demand are the major drivers behind the growth in the market during the assessment period. This market is expected to grow at a higher rate due to highest penetration of aluminium hydroxide in the non-halogenated segment. The North America and Europe region is expected to witness moderate growth in U.S., Canada and Mexico due to stringent regulations proposed by the government regarding the toxicity of the product.

Industry/ Innovation/ Related News: February 24, 2016 - Albemarle Corporation, one of the major manufacturers of flame retardants in the market, declared that a deal has been agreed with ICL, a prominent speciality chemicals company for providing a polymeric flame retardant. This product was produced at ICL’s facilities in the Netherlands and Israel applying technology authorized by Dow Global Technologies LLC, a subsidiary of The Dow Chemical Company. The brand names GreenCrest® and FR122P are marketed by Albemarle and ICL, which is used as a reliable option in construction industries. Additionally, the supply of bromine for the production of GreenCrest to ICL is another deal corresponding to the agreement and by the consent of Israel Antitrust Aurthority.

December 16, 2015- Albemarle Corporation, one of the leading producers of flame retardants, announced that they have signed an agreement to sell its mineral flame retardants and speciality chemical business to Huber Engineered Materials, a subsidiary of J.M. Huber Corporation, a major player of flame-resistant materials in the global market. The different product groups which are include in the deal are Martinal® precipitated and ground alumina trihydrate, Magnifin® premium precipitated magnesium hydroxide, Martifin® specialty hydrates for paper, Martoxid® aluminum oxide primarily for ceramics, Pergopak® flatting agents primarily for coatings, Compalox® granulated activated alumina. Therefore, a 50% position in Magnifin, a joint venture at Breitenau, Austria, has been bought by Huber Engineered Materials as a part of this agreement.

Flame Retardants Market Table of Content:

1 Executive Summary

2 Scope of The Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Flame Retardants Market

Flame Retardants Market Table of Content to be Continue…….,

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