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Halogen-free Flame Retardant Market Set to Witness an Uptick from 2020 to 2030

06-28-2022 12:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

Halogen-free Flame Retardant Market Set to Witness an Uptick

Flame retardants are chemical and mineral substances which reduce the flammability of the items. It reduces the smoke development and prevents the formation of toxic gases. A variety of different chemicals with different molecular and chemical properties act as flame retardants. Flame retardants are majorly used in electronics and electrical devices, building and construction materials, furnishings, and transportation. Therefore, need for safety standards and concern regarding environment may contribute towards growth of halogen free flame retardants.

Application in Thermoplastics based on Polymers may have a Lucrative Growth

In the research article published by SN Applied Sciences halogen free flame retardants were discussed for industrial and economical relevance. To make the future bio-based in reference with flame retardant materials, use of bio-based or natural polymers is being researched. Natural and synthetic polymer materials are susceptible to biodegradation and are attractive for enzymatic process. Bio plastic halogen free flame retardant materials reduce the corrosive and toxic gases and also black smoke which is harmful for human health. Also residue of natural polymers is not toxic and many bio plastics can also withstand the conditions of a microwave. The aforementioned factors may act as drivers to grow the market.

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Growth of Less Smoke Halogen Free Flame Retardants

Low smoke can be used in energy, power, data cable designs industry, etc. Also, due to less acid gas produced by these compounds, they can be utilised during combustion and in military applications, power generator facilities, off shore platforms, communication exchanges, etc. Burning PVCs (traditional cables) have been reported to blur the vision by 50% within 10 minutes of burning in the surrounding area and visibility can be gone by 90% after 30 minutes and also producing lots of smoke and environmental pollution. Regulation of government for halogen free flame retardants is anticipated to play a vital role in growth of the market.

Utilisation of Halogenated Flame Retardants may be the Restraining Factor

Halogenated flame retardants, especially brominated flame retardants perform better than halogen free flame retardants which can lead to consumer buying the former one. These halogenated flame retardants allows high processing temperatures due to presence of high percentage of active components. With high bromine content, the halogenated flame retardants improve dispersion and homogeneity. Use of these flame retardants in addition with polymeric products is widely used due to all these advantages. Also, less awareness regarding environment concerns may be the reason that can restrain the growth of halogen free flame retardants.

Competitive Landscape

Prominent players include Clariant AG (Switzerland), Israel Chemicals Ltd. (Israel), BASF SE (Germany), DuPont De Nemours Inc. (US), Huber Engineered Materials (US), Nabaltec AG (Germany), Lanxess AG (Germany), RPT Company (US), Kisumu Chemicals B.V. (Netherlands), J.M. Number Corporation (US), Green Chemicals Spa (Italian), Celanese Corporation (US), Amini Chemical Corporation (US), Industry Clariant AG (Switzerland), etc.

Ampacet in November 2020 has started offering Halogen free flame retardant master batches, HALOFREE 709 and HALOFREE 229. HALOFREE 709 is rated excellent in flammability testing classifications including B2, VTMO, and Euroclass close equivalents. HALOFREE 229 has also passed in flammability testing classifications including M1. The two products can be used in large number of applications, such as industrial packaging, carpet backing, ceiling insulation, and under roof liners for homes, railway stations, etc.

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FREVA by USI Corporation is an eco-friendly fire proof material made of ethylene vinyl acetate co polymer and halogen free retardants. FREVA is made by combining two USI technologies, powder surface modification technology and chemical formulating technology. Due to the strong chemical bond network of FREVA, it is very sturdy. Key features of FREVA are that it can resist fire for 60 minutes, It is low smoke, halogen and formaldehyde free. Also, it does not contain Toluene and heavy metals.

SONGWON in September 2020 launched SONGFLAME WB 201 solvent free, aqueous, flame retardant dispersion which is designed for coatings, adhesives, sealants and elastomers. The product is ideal for textile applications too. SONGFLAME products are halogen free and help the customers in achieving an ideal balance between increasingly stringent and also helps in overall cost efficiency. This new range in water based potfolio of the company combines the efficiency of conventional products with the benefits of water miscibility, low to zero VOC generation and easy dosing and handling.

Regional Outlook

Asia Pacific is projected to lead the global sales of halogen free flame retardants owing to rapid industrialisation in Asian countries. China is expected to be the leading country due to growth in electronics, construction, and transportation sector. Demand and supply of electric cars and government regulations regarding Clean Energy Ministerial is some countries of Asia are expected to grow the use of halogen free flame retardants in the coming future. Increasing infrastructure, especially in India, China and Japan is projected to be paving the way for market growth of flame retardants.

According to US Fire Administration and National Fire Protection, 1.3 million fires were reported in US killing almost 3700 people and 16,000 left injured which justifies the use and demand of flame retardants. Large number of electronic and electrical equipments in recent times in homes and commercial buildings can increase the potential for fire hazards leading to the utilisation of flame retardants. Growing electronics industry and technological advancements related to it is eventually growing the US market for halogen free flame retardants.

In Europe, building and construction sector are projected to witness surge and eventually the flame retardants market. Polyolefin foams used in thermal insulation, sound insulation is one of the applications of flame retardants primarily growing in the region. As per regulation of EN 13501, all materials for buildings and industries must meet the fire requirements, i.e. the buildings should be resistive of fire and therefore, requirement of flame retardant materials is driving the market helping in significant growth of the market.

Segmentation

Based on Type

Aluminium Hydroxide
Organophosphorous
Zinc Borate
Magnesium Hydroxide
Nitrogen based Flame Retardants
Boron based Flame Retardant
Based on Application

Epoxy Resin
Styrenics
Polyolefins
Polyvinyl Chloride
Rubber
Engineered Thermoplastic
Based on End User Industry

Electrical and Electronics
Building and Construction
Transportation
Based on Region

North America
Asia Pacific
Europe
Middle East and Africa
South America

Key Questions Answered​

Which region is expected to drive the market growth?
Asia Pacific due to growth in construction especially in India, China and Japan.

Who are the leading players responsible for the growth of market?
DuPont De Nemours Inc. (US), Huber Engineered Materials (US), Nabaltec AG (Germany), Lanxess AG (Germany), RPT Company (US), Kisumu Chemicals B.V. (Netherlands), etc.

What are the end user applications helping to surge the demand?
Construction sector, electrical and electronics sector, etc.

Which application is most likely to dominate the sector during the forecast period?
Epoxy resin owing to its wide use in coatings, composite materials, adhesives, moulding materials, etc.

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About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today's supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients' conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact:
Rohit Bhisey
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Visit Site: https://www.tmrresearch.com/

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