Press release
Flame Retardant Market Growth Determinants by 2015 to 2021
PMR
Get Sample Copy of this Report @ https://www.persistencemarketresearch.com/samples/3507
Some of the major factors driving the flame retardant market are high demand from current & emerging applications, demand from emerging economies, advancement in technology, increased security measures and the new regulatory guidelines for reducing toxic chemicals. Governments across the globe are setting improved safety standards for smoke and flammability range in different products. The growth in automotive, construction and other major end use industries are increasing the demand of flame retardant market globally. Nanotechnology is expected to play a major role in improving performance of a flame retardant market in the years to come.
The major growth opportunities for the flame retardant market includes equipment & electronics, automotive & construction, in the emerging economies especially the one which are expanding in the infrastructure applications. The growth in these segments in emerging economies is likely to increase the market demand for flame retardant and the products based on it.
A major factor restraining the market growth is rise in the prices which may lead to further decrease in demand. The key producers are raising the prices of flame retardant market due to the rise in feedstock costs. In addition, there is a toxicity issue at the time of flame retardant production process which could hamper the market further.
Download table of contents with figures & tables @ https://www.persistencemarketresearch.com/toc/3507
Asia Pacific is the largest sales market for flame retardant. China alone accounts for about 24% of the global demand of flame retardant. High demand in China is driven by growth in the chemicals and automobile industry in the country. India is also expected to increase its share in the global market on the basis of increasing foreign investment which will result in increasing number of new industries in the country. Asia Pacific is expected to continue in its leadership position in the forecasted period due to the growing end-user markets in countries such as China and India. North America continues to be the second largest sales market followed by Western Europe. Currently, the Middle East and South American countries have a very low market share; however it is expected to increase in the coming years.
Some of the major companies operating in the global flame retardant market include Akzo Nobel NV, Albemarle Corporation, Almartis GmbH, BASF SE, Borealis GmbH, Budenheim Iberica SLSC, Campine NV, Chemtura Corporation, China Antimony Chemicals, Clariant International Limited, Cytec Industries Incorporated, Daihachi Chemical Industry Company, Dover Chemical, and Glencore International AG. Among which, Albemarle Corporation, Chemtura Corporation, and Clariant International Limited are the most active companies in the flame retardant chemicals market.
Get Full Report Access @ https://www.persistencemarketresearch.com/market-research/flame-retardant-market.asp
Contact us:
305 Broadway, 7th Floor
New York City, NY 10007
United States
Ph.no. +1-646-568-7751
E-mail id- sales@persistencemarketresearch.com
Website: www.persistencemarketresearch.com
About us:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Our client success stories feature a range of clients from Fortune 500 companies to fast-growing startups. PMR’s collaborative environment is committed to building industry-specific solutions by transforming data from multiple streams into a strategic asset.
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 Flame Retardant Market Growth Determinants by 2015 to 2021 here
News-ID: 1854933 • Views: …
More Releases from Persistence Market Research
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market
The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and…
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts.
Forged automotive components are critical to…
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the…
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring…
More Releases for PMR
Starch Derivatives Market Outlook by 2021 : PMR
Starch derivatives, also known as modified starch, are prepared by enzymatically, physically or chemically treating native starch to alter its properties. Starch derivatives are used in a number of industries for various functions. They are used as thickeners and stabilizers in the food and beverage industry, as a tablet binder in the pharmaceutical industry, as an emulsifier in cosmetics, and fiber additive in the animal feed. Some of the other…
Yeast Ingredients Market Outlook by 2021 : PMR
Yeasts are chemoorganotrophs, as they use organic compounds to source energy and do not require sunlight for growth or survival. Yeasts are usually unicellular; although some species may be multi-cellular. The size of yeast depends on the species. Yeasts usually measure 3 to 4 µm in diameter. However, certain yeasts reach up to 40 µm in diameter. Yeasts reproduce asexually through mitosis (a process, in which, the chromosomes in a…
Confectionery Market Outlook by 2021 : PMR
The confectionery market is one of the growing sectors globally . Usually, confections are low in nutrients and high in calorie. Sugar-free confections are gaining popularity in the recent years due to factors such as increasing obesity rate, increasing number of diabetic patients, increasing nutritional and health concerns, and changing lifestyle. The confectionery market can be primarily divided into two broad categories: sugar confectionery and bakers’ confectionery . Sugar confectionery…
Cereal Bars Market Outlook by 2021 : PMR
A cereal bar is made up of nuts, oats, sugar, dry fruits, flour, honey, wheat, corn, and puffed rice. Cereal bars have always been perceived as on-the-go breakfast snack items that are healthier alternatives of chocolate and other snacks. Cereal bars are high in fiber and protein and low in carbohydrates, vitamins, minerals, sodium, and antioxidants. They come in various flavors such as chocolate, peanut butter, banana, caramel, banana, honey,…
Functional Flours Market Share by 2026 : PMR
The natural flours used for specialty applications in the food industry and undergoes different treatment process to improve their properties are called functional flours. The various properties of functional flours include cold binding capacity, thermal binding capacity, machinability, dough hydration etc. The functional flours are classified as waxy, multi-benefit, instant and granulated type depending on its features. They undergo different physical and nutritional treatment to enhance its features. In dietary…
Global Ceilings Market Snapshot by 2020 : PMR
Ceiling is overhead interior portion within the room which covers the upper portion of the room. Main purpose of ceiling is to achieve the desired height of the roof in the room. Ceilings are frequently decorated with attractive paintings, mosaic tiles and other different designs. Major advantage of decorated ceiling is that it gets protected from damage by fingers and dust. There are certain ceilings which are fire resistance; dropping…
