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Flame Retardants Market Growth Analysis, Share, Size, Global Trends and Top Key Players Review - BASF SE, Albemarle Corporation, Chemtura Corporation, The Dow Chemical Co, Clariant International Ag and Etc
Flame Retardants Market
Global Flame Retardants is estimated to be witnessed a significant growth of million metric tons by 2022 with CAGR of 5.86% between 2018 and 2022.
Flame Retardants in the industry and anticipated to continue its rising growth over the assessment period. Epoxy resins and polyolefin are the most used advanced coatings in the industry as they offer extraordinarily high flame-retardant flame capacity and used as a coating in the end-use industries. The use of fire-resistant materials in construction industry is expected to grow in the coming years due to its insulation ability offered by the product.
Additionally, the growing investments and rise in the disposable income have resulted into a notable growth in the market in the last couple of years
Flame Retardants are chemicals which are added to many materials to increase their fire safety it has reduced the devastating impact of fires on people, property and the environment. They are added to or treat potentially flammable materials, including textiles and plastics.
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Flame Retardants Market Key Players:
Flame Retardants Market are: BASF SE (Germany), Albemarle Corporation (US), Chemtura Corporation (US), The Dow Chemical Co (US), Clariant International Ag (Switzerland), Akzo Nobel NV (Netherlands), China Antimony Chemicals Co. Ltd (China) and others.
Flame Retardants Market Segmentation:
Flame Retardants Market is majorly segmented on the basis of types, application, end users and region. Based on types of flame retardants market is segmented into brominated, phosphorus, nitrogen, chlorinated, metal hydrate and others. Based on application of flame retardants the market is segmented into plastics, fabrics, cable and wires, polyurethane foam, and others. Based on end user the market segmented into transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.
Flame Retardants Market Regional Analysis:
Asia Pacific is the largest market of flame retardants due to demand in various applications such as plastics, fabrics, cable and wires, polyurethane foam, and others followed by increasing the growth of flame retardants market in North America region. The third largest market of flame retardants is Europe. Latin America and Middle East also witnessed in growth of flame retardants market due to various application such as transportation, packaging industry, military & aerospace industry, building & construction, electronics, and others.
Flame Retardants Market Competitive Landscape:
Flame Retardants Market has observed a significant growth in the market due presence of major industries such as Albemarle, ICL, Chemtura, Clariant, Ital match Chemicals, Huber Engineered Materials, BASF SE, Thor Group Ltd., Lanxess AG and DSM. These players compete with each other’s on quality, price, and composition. They are widely used in construction, oil & gas industries as it provides thermal resistance and safety to the product. The continuous innovation and technological advancement have boosted the fire-resistant materials in the market.
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…….,
Complete Summary of this Report @ https://www.marketresearchfuture.com/reports/flame-retardants-market-2506
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