Press release
Global Halogen Free Flame Retardant Market Overview 2019 : Key Competitors like J.M. HUBER CORPORATION, Clariant, LANXESS, Albemarle Corporation, ICL, Nabaltec AG, BASF SE, Akzo Nobel N.V., Italmatch Chemicals S.p.A., Dongying Jingdong Chemical Co. Ltd.,
The Halogen Free Flame Retardant report gives thorough analysis of the market and provides the market size and CAGR value for the forecast from 2019 to 2026.considering the past year as the base year. The study offers the major key aspects related to the industry driving factors, opportunities, challenges, market threat, restraints, new product launch, geographical analysis and competitive tactics developed by key players in the competitive market. It offers a detailed study of primary, secular, intermediate and long-term trends significant for the growth of already established contenders and emerging new companiesGlobal Halogen Free Flame Retardant is expected to rise from its initial estimated value of USD 4.31 billion in 2018 to an estimated value of USD 8.24 billion by 2026, registering a CAGR of 8.44% in the forecast period of 2019-2026. This rise in market value can be attributed to the concerns of the materials utilized and regulations posted by the authorities.
In this Halogen Free Flame Retardant report, in-depth summary of the industry is examined for understanding the market situation and key difficulties. Various types of elements such as interactions, research findings, interviews, sales, distribution medium, industrial supply chain, conclusion, appendix and sources of data are identified in the report. Better comprehend market fluctuations and trends based on geographic regions to gain the insights of current market are mentioned in the Halogen Free Flame Retardant report.
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Market Definition: Global Halogen-Free Flame Retardant Market
Halogen-free flame retardants are other compounds or materials that are mixed with the different end-use materials such as textiles, plastic, paints and coatings to make the products flame resistant. Halogen-free compounds are majorly used due to their enhanced chemical properties as usage of halogen causes corrosive smoking during combustion.
Market Drivers:
Increasing adoption of environment friendly flame retardants due to the regulations posed by the authorities is expected to drive the market growth
Regulations & safety measures regarding fire safety is also expected to act as a driver for the market growth
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Market Restraints:
Concerns for the loading levels of and restraints in the operations of products due to its usage is expected to act as a restraint to the market growth
Segmentation: Global Halogen-Free Flame Retardant Market
By Type
Aluminum Hydroxide
Organo-Phosphorus Chemicals
Others
Nitrogen
Zinc
Magnesium Hydroxide
Borates
By Application
Polyolefin
Epoxy Resins
Unsaturated Polyesters (UPE)
Poly-Vinyl Chloride (PVC)
Rubber
Engineering Thermoplastic (ETP)
Styrenics
Others
By End-Use Industry
Electrical & Electronics
Building & Construction
Transportation
Others
By Geography
North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Key Developments in the Market:
In April 2017, LANXESS announced that they had completed the acquisition of Chemtura. With this acquisition LANXESS has acquired the global leader of flame retardant and associated lubricants.
In February 2016, J.M. HUBER CORPORATION announced they had completed the acquisition of Martinswerk brand of Albemarle Corporation. With this acquisition HUBER has enhanced its product and services portfolio for fire retardants.
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Competitive Analysis: Global Halogen-Free Flame Retardant Market
Global halogen-free flame retardant market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of halogen-free flame retardant market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Halogen-Free Flame Retardant Market
Few of the major competitors currently working in the halogen-free flame retardant market are J.M. HUBER CORPORATION, Clariant, LANXESS, Albemarle Corporation, ICL, Nabaltec AG, BASF SE, Akzo Nobel N.V., Italmatch Chemicals S.p.A., Dongying Jingdong Chemical Co. Ltd., Kisuma Chemicals, RTP Company, Amfine Chemical Corporation, Arkema, KPL International Limited, and Axipolymer Incorporation.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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