Hugh Growth Of Non Halogenated Flame Retardants Market With Good Revenue Status Till 2024
Global non halogenated flame retardants market is predicted to touch over USD 3.4 billion by the end of 2024 as a result of large applications of polymers usage in automobiles, electronics, and construction. Key features such as low toxic emissions, safety, insulation, weight reduction, and durability can boost the industry demand. Growing health and ecological concerns are predicted to drive the industry growth trends. Key industry players include Italmatch Chemicals, BASF, Albemarle, FRX Polymers, and DuPont.Request for a sample of this report @ https://www.graphicalresearch.com/request/1112/sample
Non halogenated flame retardants market share is predicted to surpass USD 3.4 billion by 2024
Non halogenated flame retardants industry size worth over USD 1.6 billion in 2017, is projected to register a CAGR of around 8% over 2018-2024. Factors like wide applications of polymers in automobile and construction sectors to improve their fire resistance is predicted to boost the industry growth.
However, ecological issues related to the use of brominated products is predicted to negatively impact the environment hindering the industry growth. Furthermore, scarcity of key raw materials like Phosphorus and Aluminum hydroxide can pose a threat to industry growth due to its high loading features.
Non halogenated flame retardants industry is segmented in terms of products, applications, end use industries, and regions.
Aluminum hydroxide non halogenated flame retardants market size to exceed 1.8 million tons by 2024
Phosphorous based product segment size is projected to grow at around 8% over 2016-2024 as a result of their smoke suppressing and fire extinguishing features.
Aluminum hydroxide segment is predicted to exceed 1.8 million tons growing at a rate of around 7% over 2018-2024 as a result of its cost-effectiveness and thermodynamic properties. Furthermore, its extensive use in paints, rubber and polymers have added to segment growth.
Polyolefins non halogenated flame retardants market size to grow at around 7.5% over 2018-2024
Epoxy resins market size is anticipated to witness a high growth rate of around 7.5% over forecast timeframe due to applications in paints & coatings, adhesives, and electronic devices as a result of its fire resistance characteristics.
Engineering thermoplastics segment can exceed USD 280 million by the end of 2024 owing to its use in the production of medical devices and vehicle parts.
Polyolefins market size worth over USD 450 million in 2017, is predicted to record a CAGR of 8.5% over the forecast timeframe. Its applications in wires & cables and laboratory equipment for safety purposes is predicted to drive the application segment growth.
Electrical non halogenated flame retardants industry to grow at a rate of around 7.5% over 2018-2024
Construction industry is predicted to exceed USD 1.2 billion by the end of 2024. The growing use of polymers as safety materials in switchboards and wires & cables in construction industry along with applications in paints & coatings is predicted to drive the segment growth over the period of 2016-2024.
Transportation industry is predicted to witness a noticeable growth over the period of 2018-2024.
Electrical industry segment is predicted to register a CAGR of around 7.5% over the forecast timeline The growth of the segment can be attributed to the smoke, acidity, and toxin reducing properties of halogen free cables used in electrical applications for environmental safety.
North America non halogenated flame retardants market to contribute over USD 1.25 billion by 2024
North America non halogenated flame retardants market size worth over USD 750 million in 2017, is predicted to produce over USD 1.25 billion by the end of 2024. U.S. non halogenated flame retardants industry dominated the North American industry in terms of revenue, with Aluminum Hydroxide contributing to a major portion of the overall revenue share over the forecast timeline.
Asia Pacific non halogenated flame retardants market is predicted to grow at a CAGR of around 8% over 2018-2024. Factors such as fire safety issues and the huge presence of production units are predicted to contribute towards the growth. Countries like India, China, and Indonesia are predicted to contribute towards the regional growth as a result of heavy investments in the construction sector.
Latin America is predicted to contribute towards the industry growth over the forecast timeline due to the presence of a large amount of automobile manufacturers.
Middle East & Africa with good infrastructure facilities in countries like South Africa, Saudi Arabia, UAE, and Qatar are predicted to promote the industry growth over the forecast timeline.
Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1112/non-halogenated-flame-retardants-market
Segments Covered in this Report:
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
Related Reports:
Europe Marine Lubricants Market : https://www.marketwatch.com/press-release/europe-marine-lubricants-market-analysis-research-and-trends-report-for-2019-2024-2019-08-28
Biocides Market : https://www.marketwatch.com/press-release/biocides-market-to-witness-5-cagr-to-2024-2019-09-13
Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hugh Growth Of Non Halogenated Flame Retardants Market With Good Revenue Status Till 2024 here
News-ID: 1833477 • Views: …
More Releases from Graphical Research
Medical Oxygen Concentrators Market is Moving Fast! | Major Key Companies are Co …
An analysis of medical oxygen concentrators market has been provided in the latest report introduced by Graphical Research that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.
Evidence suggests that oxygen concentrators are not only a cost-effective solution…
Why the Hand Sanitizer Market Is Set To Explode? | Key Players are 3M, Best Sani …
The global hand sanitizer market share is expected to gain immense traction over the forecast spell, owing to the rising impact of the COVID-19 pandemic. COVID-19, an infectious disease caused by the SARS-CoV-2 virus, is spreading across the globe at a rapid pace. This pandemic has created an unprecedented public health crisis and has, in turn, triggered several initiatives by healthcare providers worldwide to curb further impact.
Regulatory authorities and…
Guidewires Market: What are the Future Growth Opportunities? Top Players: Stryke …
The global guidewires market is slated to witness an upward trend over the next few years, fueled by the growing popularity of minimally invasive procedures. Guidewires are an important piece of medical equipment designed and developed to provide reliability, flexibility, and improved performance during surgical procedures.
Since their introduction, the technology has evolved rapidly and is constantly finding its way into new applications. A guidewire is a wire used to…
Yeast Extract Market 2021 Emerging Trends || Leading Players Kerry Group, Lesaff …
A comprehensive research study on yeast extract market introduced by Graphical Research provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.
Yeast extract market is expected to show steady growth in the coming years and below are the key trends enhancing…
More Releases for USD
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
Primary Alkaline Batteries Market Worth USD 14.58 Billion USD by 2026
The Global Primary Alkaline Batteries market size was valued at 10.31 Billion USD in 2019 and is projected to reach 14.58 Billion USD by 2026, at a CAGR of 5% during the forecast period.
An Primary Alkaline Batteries is a type of primary battery, which derives its energy from the reaction between zinc metal and manganese dioxide.
Get Detailed Analysis of COVID-19 Impact on Primary Alkaline Batteries Market @ https://reports.valuates.com/request/sample/QYRE-Othe-0I169/Global_Primary_Alkaline_Battery_Market
This report presents…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions 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 cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
Eubiotics Market Set to Exceed USD USD 8.60 Billion by 2026
According to a new study published by Polaris Market Research the global eubiotics market is anticipated to reach USD 8.60 billion by 2026. The tightening and stringent restrictions on the use of antibiotic growth promoters along with the surging consumer pressure on food safety and consumer preferences are expected to be the major factors driving demand for these products that work as substitutes to in-feed eubiotics.
Eubiotics or specific organic…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…