Flame Retardants Market to Witness Huge Growth by Key Players: Clariant AG, LANXESS AG, Albemarle Corporation, Nabaltec AG, Huber Engineered Materials

Global Flame Retardants Market 2022-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The global flame retardants market is estimated to be USD 7.2 billion in 2022 and is projected to grow at a CAGR of 5.1% during the forecast period. Flame Retardants Market by Type (Aluminum Trihydrate, Antimony Oxide, Brominated), Application (Epoxy, Polyolefin, Unsaturated Polyester), End-Use Industry (Building & Construction, Electronics & Appliances) and Region - Global Forecast to 2027.

The report provides a comprehensive analysis of company profiles listed below:
• Clariant AG (Switzerland)
• LANXESS AG (Germany)
• Albemarle Corporation (US)
• Israel Chemicals Ltd. (Israel)
• Nabaltec AG (Germany)
• Huber Engineered Materials (US)
• Italmatch Chemicals (Italy)
• Budenheim Chemicals KG (Germany)

"By type, nitrogen is expected to be the fastest-growing segment for flame retardants market during the forecast period"
The key driver towards the growth of nitrogen flame retardants is the shift toward more environmentally friendly solutions. Halogenated flame retardants like brominated and chlorinated have applications in every sector, but their toxic effects on the environment have impacted their usage. Many regions like Europe and North America have banned some of the brominated and chlorinated flame retardants. This has brought in a lucrative opportunity for nitrogen flame retardants. Nitrogen flame retardants have high thermal stability and decomposition temperatures with low smoke emissions.

"Polyolefin is expected to be the fastest growing application for flame retardants market during the forecast period"
Polyolefin is the most widely used polymer and has a plethora of applications across all industries. The use of polyethylene and polypropylene is increasing in various consumer-centric industries. Polyethylene and polypropylene are the most widely used polymers. These polymers are mostly used for packaging and wires & cables. To maintain fire resistance to these polymers, a suitable amount of flame retardants is added.

"Based on region, Asia Pacific is the fastest growing region for flame retardants market during the forecast period."
Asia Pacific is the most promising market for plastics and related industries, including electronics & appliances. It is the largest and fastest-growing market for flame retardants. The increasing demand from, electronics and automotive applications is driving the market for flame retardants in the region. The rising purchasing power of the middle class population also acts as a key market driver. The rising demand for environment-friendly products is driving innovation in the plastics industry.

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Competitive Landscape of Flame Retardants Market:
1 Introduction
1.1 Key Player Strategies/Right To Win
1.2 Overview Of Strategies Deployed By Flame Retardants Manufacturer For Engineering Resins
2 Market Evaluation Framework
3 Market Share Analysis
3.1 Ranking Of Key Market Players, 2020
3.2 Market Share Of Key Market Players, 2020
3.2.1 Albemarle Corporation
3.2.2 Israel Chemicals Limited (Icl)
3.2.3 Lanxess Ag
3.2.4 Basf Se
3.3 Revenue Analysis Of Key Market Players, 2016-2020
4 Product Footprint Analysis Of Top Players
5 Company Evaluation Quadrant (Tier 1)
5.1 Terminology/Nomenclature
5.1.1 Stars
5.1.2 Emerging Leaders
6 Start-Up/Small And Medium-Sized Enterprises (Smes) Evaluation Matrix
6.1 Terminology/Nomenclature
6.1.1 Responsive Companies
6.1.2 Starting Blocks
7 Competitive Situations And Trends
7.1 Product Launches
7.2 Deals
7.3 Other Developments

Research Coverage:
This report segments the market for flame retardants market on the basis of type, end-use industry, application and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisition associated with the market for flame retardants market.

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