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The Market For Halogen-free Flame Retardants Is Poised For Future Expansion, Say's The Business Research Company
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Halogen-Free Flame Retardants Market Size, Growth Rate, And Forecast
The global halogen-free flame retardants market size is expected to grow from $4.77 billion in 2022 to $5.27 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The halogen-free flame retardants market size is expected to reach $7.74 billion in 2027 at a CAGR of 10.1%.
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Halogen-Free Flame Retardants Market Drivers
Growing health concerns regarding the use of halogen-based flame retardants because of the polluted environment are expected to propel the growth of the halogen-free flame retardants market going forward. Several regulations are being introduced for the growing concerns regarding human health through environmental pollution, which had resulted in the ban of several halogen-based flame retardants across the world, and as a result, increases the demand for the halogen-free flame retardants market.
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Halogen-Free Flame Retardants Market Segments
• By Type: Aluminum Hydroxide, Organophosphorous, Other Types
• By Application: Polyolefins, Epoxy Resin, Unsaturated Polyester, Polyvinyl Chloride, Rubber, Engineered Thermoplastic, Styrenics, Other Applications
• By End User: Textile, Transportation, Wires And Cables, Electrical And Electronics, Building And Construction
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the halogen-free flame retardants market.
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Halogen-Free Flame Retardants Market Key Players
Major competitors in the halogen-free flame retardants market are Clariant AG, LANXESS, J.M. Huber Corporation, Israel Chemicals Limited, Nabaltech AG, BASF SE, Celanese Corp., RTP Company, Kisuma Chemicals B.V., Amfine Chemical Corporation, Albemarle Corporation, IC.
The Business Research Company's "Global Halogen-Free Flame Retardants Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Halogen-Free Flame Retardants Market Include:
1. Executive Summary
2. Halogen-Free Flame Retardants Market Characteristics
3. Halogen-Free Flame Retardants Market Trends And Strategies
4. Halogen-Free Flame Retardants Market - Macro Economic Scenario
5. Halogen-Free Flame Retardants Market Size And Growth
………………
27. Halogen-Free Flame Retardants Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Halogen-Free Flame Retardants Market
29. Halogen-Free Flame Retardants Market Future Outlook and Potential Analysis
30. Appendix
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