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Non Halogenated Flame Retardants Market share - Global Industry Size Report 2018-2024 | Key Players Are Lanxess, DSM, DuPont, BASF, Clariant, Albemarle Corporation, ICL Group, Huber Engineered Materials, Italmatch Chemicals Spa
Non Halogenated Flame Retardants Market
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Non halogenated flame retardants market share from polyolefins is set to grow over 7% by 2024. Halogen free polyolefins include PP, LDPE, PE, LLDPE, EVA and MDPE. They are primarily used in electric cables & wires, construction and transportation sectors. Market share from epoxy resins applications will witness significant growth of over 7% by 2024. Increasing epoxy resin demand utilized for high quality coatings coupled with rapid industrial growth will propel the industry.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ICL Group
2. Albemarle Corporation
3. Clariant
4. Chemtura Corporation
5. BASF
6. Italmatch Chemicals Spa
7. Huber Engineered Materials
8. DuPont
9. Nabaltec AG
10. DSM
11. Thor Group Limited
12. Lanxess
13. Delamine B.V.
14. FRX Polymers, Inc.
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Increasing polymer adoption in automotive and construction industries will impel non halogenated flame retardant market demand. Polymers are base material with chemically linked additives to suppress fire. Chlorine and bromine based additives used in manufacturing polymers will have negative impact on the ecosystem owing to large quantities of toxic materials present.
By Product
• Aluminum Hydroxide
• Phosphorous based flame retardants
By Application
• Polyolefins
• Epoxy resins
• Unsaturated polyester
• Polyvinyl Chloride
• Engineering thermoplastics
• Rubber
• Styrenics
By End Use
• Construction
• Electrical
• Transportation
Browse key industry insights spread across 113 pages with 168 market data tables & 24 figures & charts from the report, “Non Halogenated Flame Retardants Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/non-halogenated-flame-retardants-market-report
North America non halogenated flame retardants market size, led by U.S., will surpass USD 1.3 billion in 2015. Federal government guidelines laid down by the Environment Protection Agency will stimulate sales of bio based products and limit brominated and chlorinated fire suppressors demand. In 2015, North America electrical industry used more than 100 kilos ton fire suppressants.
Middle East non halogenated flame retardants market share will witness growth over 9% by 2024 owing to large scale infrastructural development coupled with stringent regulations towards safeguarding construction activities. Asia Pacific non halogenated flame retardants industry is set to exceed USD 800 million by 2024, subject to rapid growth in construction industry. China accounted for over 40% of construction sector in the region in 2015. Latin America transportation industry witnessed demand surpassing 3 kilo tonnes by 2015 and will grow significantly over the forecast period.
Notable industry participants including Albermarle, Nabaltec, BASF, Israel Chemicals, Clariant, Chemtura, Italmatch Chemicals, and Huber. The companies integrate backwards to negate possible raw material scarcity. Industry players are increasingly focusing on broadening their product portfolio by adding fire suppressants with low toxicity made from magnesium hydroxide, melamine and phosphorus. Demand supply deficit of raw material may jeopardize non halogenated flame retardants market price.
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