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FRABS Market: Competitive Dynamics & Global Outlook 2024– Top Key players like– Top Key players like Chi Mei,LG Chem,SABIC,Inc.
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Flame Retardant ABS owns good properties of flame retardant. It is a specially formulated plastic that when removed from a flame source, the component extinguishes itself.
Flame retardant ABS belongs to the ABS resin family with the good properties of flame retardant. For plastic resins for consumer applications, UL94 Flame Rating set by the Underwriters Laboratories (External Link) is widely accepted as the most reliable standard of flame retardancy.
The flame retardant ABS can be divided into the halogen type as well as the no-halogen type, according to its flame retardant additives. Among the two types, Halogen type is the most preferred one by consumers. In 2017, Halogen type accounted for 90.24% market share globally.
According to this study, over the next five years the FRABS market will register a 2.3% CAGR in terms of revenue, the global market size will reach US$ 7450 million by 2024, from US$ 6660 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in FRABS business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Chi Mei
LG Chem
SABIC
Lotte Advanced Materials
KKPC
Formosa Plastics
Grand Pacific Chemical
Techno-UMG
Toray
CNPC
Market Segment by Type, covers
Non-halogen Type
Halogen Type
Market Segment by Applications, can be divided into
Appliance
OA Machine
Automotive
Industrial
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Related Information:
North America FRABS Market Growth 2019-2024
United States FRABS Market Growth 2019-2024
Asia-Pacific FRABS Market Growth 2019-2024
Europe FRABS Market Growth 2019-2024
EMEA FRABS Market Growth 2019-2024
Global FRABS Market Growth 2019-2024
China FRABS Market Growth 2019-2024
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