Halogen-Free Flame Retardant Market Global Research Report by Size, Share, Leading Key Players Analysis 2018 to 2023 | Clariant, Lanxess, ICL, Albermarle Corporation, Nabaltec AG, RTP company, Huber Engineered Materials, SIMONA AMERICA Inc., Bayer AG, BAS

Market Overview:

Flame retardants are usually used to treat potentially flammable materials such as textiles and plastics. Halogen-free flame retardants are used as a replacement for halogen-containing compounds due to their environment-friendly properties.

The global halogen-free flame retardants are primarily driven by the increasing adoption of environment-friendly products due to stringent regulations pertaining to environmental protection. The limited use of halogenated flame retardants owing to the emission of corrosive smoke during combustion with the evolution of toxic gases is expected to propel the demand for halogen-free flame retardant during the review period. Plastics are widely consumed in the construction industyr due to their properties such as durability, cost-effectiveness, recyclability, and ease of installation. The increasing use of plastics in the construction industry is expected to fuel the market growth over the assessment period. The use of halogen-free flame retardants in major end-use industries such as electronics & electrical, automotive, paints, textiles, and others is likely to boost the market growth further. Moreover, plastic is also used in aircraft interiors such as decks, wings, rotor blades, and others, which is expected to fuel the demand for halogen-free flame retardant in the aerospace industry. Phosphorous, Inorganic & Nitrogen Flame Retardants Association (Pinfa) has recently launched ‘Outreach Project,’ which is intended to promote a constructive dialogue between stakeholders on a series of issues ranging from fire safety to the health and environmental footprint of flame retardants and flame retardant containing products. This may increase the demand for halogen-free flame retardants in numerous applications during the forecast period. Various manufacturers are focussing on key developments such as acquisitions, joint ventures, and others to expand their business. For instance, in December 2015, Huber Engineered Materials acquired Albermarle Corporation’s Mineral Flame Retardants and Specialty Chemicals businesses to expand their flame retardants and smoke suppressants portfolio along with the geographical expansion. Furthermore, in October 2016, FRX Polymers, Inc. announced that they would focus on their latest polymeric phosphonate halogen-free flame retardant developments.

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Segmentation

The global halogen-free flame retardants market is segmented on the basis of the type, resin, end-use industries, and region.

On the basis of the type, the global halogen-free flame retardants market is segmented as aluminum hydroxide, alumina trihydrate, magnesium hydroxide, phosphorous-based, molybdate flame retardants & smoke suppressants, and others.

Based on the resin, the global market is segmented as polypropylene, polyethylene, nylon, polycarbonate, polyethylene terephthalate, polybutylene terephthalate, and others.

On the basis of the end-user industries, the global market is segmented into building & construction, electronics & electrical, automotive, paints & coatings, and others.

Key Players

Some of the manufacturers operating in the global halogen-free flame retardant market are Clariant (Switzerland), Lanxess (Germany), ICL (Israel), Albermarle Corporation (U.S.), Nabaltec AG (Germany), RTP company (U.S.), Huber Engineered Materials (U.S.), SIMONA AMERICA Inc. (U.S.), Bayer AG (Germany), BASF SE (Germany), Celanese Corporation (U.S.), and Delamin Limited (U.K).

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Intended Audience

• Halogen-free flame retardants Manufacturers
• Traders and distributors of Halogen-free flame retardants
• Research and development institutes
• Potential investors
• Raw material suppliers
• Nationalized laboratory

Regional Analysis

The global halogen-free flame retardants market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.

North America dominated the global halogen-free flame retardant market in 2016 owing to high demand for halogen-free flame retardants from the reviving construction, automotive, and aerospace industry. The increasing demand for lightweight automotive parts due to environmental concerns is expected to drive the market growth in this region.

Europe accounted for the second largest market share in the year 2016 on account of the high production and sales of automotive parts in Western European countries. Moreover, the increasing sustainability in construction activities in Europe is expected to drive the market growth.

Asia Pacific is expected to be the fastest growing region on account of the high demand from the construction and automotive industry in the region.
Latin America is projected to witness a considerable growth due to growing automotive industry in Mexico, Brazil, and others.

The Middle East & Africa is likely to witness significant growth due to the burgeoning infrastructural investments in the GCC countries.

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