Press release
Non Halogenated Flame Retardants Market Research Report on Growth, Share, Value, Size, and Analysis | Albemarle Corporation, ICL, Chemtura Corporation
Global Non Halogenated Flame Retardants Market Size, Status, and forecast for the 2025-2032. The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Non Halogenated Flame Retardants Market industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. Additionally, the report includes upstream and downstream analyses of key players, as well as global certainties and assurances. The report evaluates dynamic aspects such as forecast market information, Porter's Five Forces Analysis, sales estimates, wide product portfolio, market scenarios, and possibility studies.The non-halogenated flame retardants market for polymers stood at US$ 2.1 Bn in 2024 and is expected to reach US$ 4.1 Bn by 2032, expanding at a CAGR of ~8.1% from 2025 to 2032
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Non Halogenated Flame Retardants Market Dynamics
Market Drivers:
The growing construction industry is a major driving factor fueling the market growth of non-halogenated flame retardants. Rising usage of the plastic industry as they are the ideal alternative of metal and also saves energy is propelling the demand for plastic in construction industry. The non-halogenated flame is widely used in the production of polymers. According to the Coherent Market Insights analysis, the use of plastic building and construction materials saved 467.2 trillion BTUs of energy over alternative construction materials.
Market Restraints:
Volatility in demand and supply of raw materials used in the production of non-halogenated flame retardant is expected to hamper the market growth over the forecast period. A concern associated with the melamine-based flame retardants such as feeding and dosing is expected to hinder the market growth of non-halogenated flame retardants. Hence, the aforementioned factors are expected to negatively impact the market growth to some extent in the future.
Major Players in Non Halogenated Flame Retardants Markets are:
Albemarle Corporation, ICL, Finolex Cables, Chemtura Corporation, CLARIANT, Italmatch Chemicals S.p.A, Huber Engineered Materials, BASF SE, LANXESS, DSM, DuPont
Industry News:
May 2024- Researchers have developed a flame-retardant transparent bamboo material that outperforms silica glass, offering a sustainable alternative in the global flame-retardant market. The material exhibits high transparency, thermal stability, and fire resistance, making it suitable for applications such as windows and displays.
April 2024- Finolex Cables has introduced a range of environmentally friendly wires under the FinoGreen brand. The FinoGreen industrial cables are engineered to reduce safety hazards in electrical installations and prevent accidents, particularly fires, by being flame-retardant and halogen-free.
July 2022, BASF partnered with THOR GmbH to harness their expertise in non-halogenated flame retardant additives. The aim behind this partnership is to deliver a inclusive solution to customers, enhancing the sustainability and performance of specific plastic compounds while complying with stringent fire safety requirements. This collaboration underscores the surging demand for sustainable flame retardant chemicals, propelled by the global construction and automotive industries and increasingly strict fire safety standards.
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Global Non Halogenated Flame Retardants Market Segmentation:
By Product:
Aluminum Hydroxide
Magnesium Dihydroxide
Phosphorous Based
Others
By Application:
Polyolefin
Epoxy resins
UPE
PVC
ETP
Rubber
Styrenics
Others
By End Use:
Electricals & Electronics
Construction
Transportation
Others
Know more about this report:
https://www.marketdigits.com/non-halogenated-flame-retardants-1694773799
The following areas and countries are covered in the worldwide Non Halogenated Flame Retardants Market file:
North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)
The North American non-halogenated flame-retardant market has a significant market revenue share globally. This increased demand in various industries is attributed to the need for effective fire protection measures and the shift towards non-halogenated alternatives due to increasing environmental concerns in North America. Additionally, the dominance of the North American flame retardants market region is expected due to consumers' rising consumption of electronics and electrical components. Furthermore, the increasing investments in electric vehicles (EVs) and private construction projects are boosting the demand for flame retardants in the region, particularly in the electrical and electronics segment.
Detailed industry forecast-Brief Introduction to the research report:
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