Press release
Flame Retardants Market is Probable to Influence the Value of US $14.0 Billion by 2030 at a CAGR 6.6%
Flame Retardants Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.alliedmarketresearch.com/request-sample/1895
Market Dynamics
Drivers:
- Technological advancements enhancing product efficiency.
- Increasing R&D investments in innovative flame-retardant solutions.
- Rising demand from the construction and electronics industries.
Restraints:
- Environmental and health concerns associated with flame retardants.
Opportunities:
- Implementation of stringent fire and safety regulations globally.
- Growing awareness regarding fire prevention and safety standards.
Market Segmentation
By Type:
- Antimony Trioxide: Held the largest market share (~33%) in 2020 due to its effectiveness in combination with halogenated compounds across multiple industries.
- Alumina Trihydrate: Expected to register the highest CAGR (6.8%) from 2021 to 2030 due to its high loading capacity and smoke suppression properties.
- Brominated Flame Retardants
- Phosphorus Flame Retardants
- Others
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐ซ๐ข๐ง๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ข๐ฌ๐ข๐ญ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/flame-retardants-market/purchase-options
By Application:
- Unsaturated Polyester Resins
- Epoxy Resins
- Polyvinyl Chloride (PVC)
- Rubber
- Polyolefins
By End-Use Industry:
- Electronics: Largest segment (~40% share in 2020), expected to grow at the highest CAGR (7.0%) due to increasing adoption of fire safety measures in electronic devices.
- Construction
- Automotive & Transportation
- Others
Regional Insights:
- Asia-Pacific (followed by Europe and North America) dominated the market in 2020, contributing ~40% of global revenue. The region is expected to maintain its dominance and register the fastest CAGR (7.4%) due to high demand from the construction, automotive, and electronics sectors.
Key Market Players
- Albemarle Corporation
- BASF SE
- DOW
- Eastman Chemical Company
- Hangzhou Lingrui Chemical Co. Ltd.
- Hongbaoli Group Co. Ltd.
- Huntsman International LLC
- Lanxess
- Muby Chemicals
- Sasol
๐๐๐ญ๐๐ข๐ง ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.alliedmarketresearch.com/flame-retardants-market
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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