BDP Flame Retardants Market Key Players 2018-2024: ADEKA, ICL, Zhejiang Wansheng, Shandong Moris, Albemarle, Daihachi Chemical and Jiangsu Yoke

BDP Flame Retardants Market size is expected to witness dynamic growth owing to wide applications in engineering resins which include PC/ABS and polyphenylene oxide alloys (PPO). Upsurge in the usage of these products in electrical & electronics and automobile industry will drive BDP flame retardants market. Further packaging industries will have a positive impact on the product market. Rising use of engineering plastics in various end user applications including helmets, gearing, insulators, piston rings, rollers, bushes, bearings and tanks will drive the industry growth.

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BDP flame retardants market is expected to grow owing to its high thermal and hydrolytic stability properties over other bisphosphates products. Being a halogen free FR, increasing construction activities across the world will flourish the industry market. Several government entities are upcoming with new regulations to lower the VOC levels in fire mishaps, so BDP flame retardants are the effective products.

Flame retardants includes a varied group of chemicals which are added to manufactured materials including textiles and plastics, and coatings & surface finishes. It delays the spread of fire by forming a protective layer on the surface of the materials. The product can withstand high temperatures which is required during processing of several engineered resins. Currently, there are two well-known methods in the industry: halogen and halogen free (non-halogen) FR. Halogen FR uses chlorine and bromine chemical to suppress fire however, rising environment safety awareness halogen free FR are preferred over halogenated FR.

BDP flame retardants are used in PC/ABS, PCB/EPOXY and polyphenylene oxide alloys. Moreover, on basis of engineering plastics application, it is further divided into building & construction, electrical & electronics, wires & cables, transportation and textile. Among these, PPE holds a major industry share in this segment owing to its wide range of application in electronics, automobile parts and structural parts.

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Asia Pacific is the fastest developing BDP flame retardants market owing to booming industrialization and urbanization. Heavy construction observed in several emerging nations will further drive the industry size. Companies are now concentrating on better technologies to develop superior quality product which will further strengthen the industry. Further, regulations by RoHS and WEEE in China and Korea is expected to flourish BDP flame retardants market demand.

Global BDP flame retardants market is moderately consolidated and competitive in nature owing to the presence of large and small regional & international players globally. Several key players for the industry are ADEKA, ICL, Zhejiang Wansheng, Shandong Moris, Albemarle, Daihachi Chemical and Jiangsu Yoke. Some other well-known participants who operate in the same field are Ocean Chem, Arbon, Qingdao Fundchem and Shengmei Plastify.

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