Press release
Flame Retardant ABS Market is Estimated to Reach USD 9.42 billion By 2030: Cognitive Market Research
Flame Retardant ABS Market is Estimated to Reach USD 9.42 billion By 2030: Cognitive Market Research
Styrenic polymers, such as ABS, are non-charring polymers; nonetheless, halogen-free phosphorous-based flame retardants remain the most often utilised alternative to halogen-based FRs. It is mostly made up of ABS resin, polyvinyl chloride resin, and stearic acid, and the flame retardant feature is created by combining aluminium hypophosphite with other materials.
Summary:
The flame retardant ABSs market is expected to grow from USD 2.5 billion in 2022 to USD 12.53 billion by 2030, at a CAGR of 16.49 %. The demand for flame retardant ABSs has been growing in recent years with the growing electric car sales. Currently, governments of many countries are inclining towards the sustainable transport solution.
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Market Dynamics
There is currently a lot of interest in the vehicle business in replacing traditional materials with lighter and more environmentally friendly alternatives. In this regard, styrenic-based foams, particularly ABS foams, have seen rapid growth due to their simplicity of processing and cellular structure control, particularly in terms of generating microcellular or even nanocellular structures through foaming processes. As a result, there is a considerable need for flame-retardant ABS.
However, the availability of numerous flame retardants can hamper the growth of the market. Nonetheless, the product's demand is expected to rise due to increased demand from the aerospace sector
Segmentation Analysis:
Types:
• Non-halogen
ABS that is non-halogen flame retardant was created by combining benzoxazine (BOZ) with microencapsulated red phosphorus (MRP). According to several scientific articles and investigations, some combinations of phosphorus-based FRs with low toxicity can provide adequate fire protection for ABS at a cheap cost.
• Halogen
Halogen-based flame retardant ABS includes halogens such as chlorine, fluorine, and bromine. Historically, halogen-based flame-retardant (FR) additives have been utilized to improve the fire characteristics of ABS.
Application:
• Battery Electric Vehicles
• Plug-In Hybrid Electric Vehicles
• Hybrid Electric Vehicles
Based on application, the battery electric vehicles segment dominates the growth of the market. This is attributed to the rise in the number of battery-operated electric cars.
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Regional Analysis:
Geographically, the global flame retardant ABSs market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Asia Pacific dominates the flame retardant ABSs market owing to the rising number of electric vehicles, rising disposable income, rising environmental consciousness, rising government support, and many others.
News:
In July 2021, the team at Hacksmith Industries has created world's brightest outsized flame retardant ABSs. The Hacksmith Industries team has developed a torch that can emit over 500,000 lumens of light! Here's how Chris and James built this beam, which is an absolute monster
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Flame Retardant ABS Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
o 1.5.1 Flame Retardant ABS Market Segmentation
o 1.5.1 Flame Retardant ABS Market Regional Fragmentation
o 1.5.1 Flame Retardant ABS Market Players
• 1.6 Report Duration
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Flame Retardant ABS Market
• 3.1 Global Flame Retardant ABS Market Size 2018 - 2030, (USD Million)
• 3.2 Global Flame Retardant ABS Market Statistics 2022: Snapshot
Chapter 4 Global Flame Retardant ABS Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Flame Retardant ABS Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global Flame Retardant ABS Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global Flame Retardant ABS Market Regional Analysis
Chapter 11 North America Flame Retardant ABS Market Outlook (2018 - 2030)
Chapter 12 Europe Flame Retardant ABS Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific Flame Retardant ABS Market Outlook (2018 - 2030)
Chapter 14 Latin America Flame Retardant ABS Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa Flame Retardant ABS Market Outlook (2018 - 2030)
Chapter 16 Research Findings
To know more Flame Retardant ABS Market TOC click here:
https://www.cognitivemarketresearch.com/flame-retardant-abs-market-report#table_of_contents
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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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Illinois, 60602
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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