openPR Logo
Press release

Low Smoke Halogen Free Flame Retardant Polypropylene Market to grow over 8%CAGR up to 2023

08-22-2017 04:32 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Global Market Insights, Inc., has stated that low smoke halogen free flame retardant polypropylene industry is predicted to record a cumulative growth of over 8.5% during the period from 2016 to 2023.

Low smoke halogen free flame retardant polypropylene market growth is favorably influenced by the introduction of new products by prominent business players. For instance, in 2016, Tolsa Group had launched new high-performing flame retardant synergists referred to as ADINS Clay extended range, that are used to considerably reduce smoke & heat generation in the structural, transport, electrical & electronics, and building & construction sectors.

Request for sample of this report@
www.gminsights.com/request-sample/detail/403

The European Union has banned the use of flammable materials with the strict enforcement of directives such as RoHS, REACH, and WEEE. The deployment of these norms is also expected to provide the industry players with new avenues to explore the business and launch innovative products to make their presence felt across low smoke halogen free flame retardant polypropylene industry.

Speaking on similar lines, North America low smoke halogen free flame retardant polypropylene market, which dominated the overall industry revenue in 2015, is forecast to hit USD 285 million by 2023. It is anticipated to grow at a rate of 8.5% over the coming timeframe. Surge in the construction activities of the country are also set to contribute toward North America low smoke halogen free flame retardant polypropylene industry revenue, given that the sector accounted for USD 54 million of the regional revenue share in 2015. U.S. low smoke halogen free flame retardant polypropylene industry is certain to influence North America industry.

Asia Pacific low smoke halogen free flame retardant polypropylene industry is anticipated to record an annual growth of more than 8.5% over the coming six years. Strict government measures to prevent the use of harmful products will enlarge the business scope. China, South Korea, and India are forecast to be the key regional revenue pockets. China construction sector, which was evaluated at USD 1.63 trillion in 2015, is predicted to increase its expenditure on construction activities in the future with surge in manufacturing establishments across the region. This will further boost low smoke halogen free flame retardant polypropylene industry development across APAC.

Make an inquiry to purchase this report@
www.gminsights.com/inquiry-before-buying/403

The electrical & electronics, automotive, furniture, industrial, and construction sectors make rampant use of low smoke halogen free flame retardant polypropylene. The construction sector, which led the overall low smoke halogen free flame retardant polypropylene industry in 2015, is projected to hit a revenue of over USD 310 million by 2023. Rising urge for sophisticated infrastructure facilities coupled with escalating per capita incomes and swift urbanization will spur the industry development. In addition, strict enforcement of fire security laws by the legal authorities will accelerate the business expansion.

Automotive applications, which contributed more than USD 85 million towards low smoke halogen free flame retardant polypropylene market revenue in 2015, will propel the business space over the years ahead. Growing use of polymers in vehicles due to their ability to reduce vehicle weight and fuel consumption will attract potential investors to salt away their cash in this segment. Strict norms to curtail carbon emissions with surging vehicle sales will further steer the growth of low smoke halogen free flame retardant polypropylene market.

Escalating consumer preference toward the purchase of fire-retarding goods is forecast to upswing low smoke halogen free flame retardant polypropylene market size in the furniture sector. Electrical & electronics applications are slated to record notable gains of more than 9% over the coming timeline, subject to high product requirement in wires and cables. Mounting need for avoiding toxicity will further promote the business trends.

Source Report@
https://www.gminsights.com/industry-analysis/low-smoke-halogen-free-flame-retardant-polypropylene-PP-market

Low smoke halogen free flame retardant polypropylene market is highly consolidated with top industry players trying to expand their consumer base through product differentiation and brand creation. FRX Polymers Incorporation, PolyOne Corporation, Israel Chemicals Limited, Delamin Limited, Albemarle Corporation, Chemtura Corporation, Koninklijke DSM N.V., Huber Engineered Materials, Clariant, Washington Penn Plastic Company Incorporation, Thor Group Limited, Chemtura Corporation, Lanxess Aktiengesellschaft, Nabaltec AG, BASF SE, RTP Company, and E. I. du Pont de Nemours and Company are the key participants of low smoke halogen free flame retardant polypropylene industry.

About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Low Smoke Halogen Free Flame Retardant Polypropylene Market to grow over 8%CAGR up to 2023 here

News-ID: 680089 • Views: 345

More Releases from Global Market Insights Inc.

Steam Autoclaves Market | Insights and Forecast Research Report 2024
The steam autoclave market size is expected to exceed more than US$ 3.1 Billion by 2024, Growing at a CAGR of more than 8.7% in the given forecast period. The extensive use of sterilizing surgical equipment in pharmaceutical and biomedical applications has been propelling steam autoclaves market share over the last few years. The primary reason for the massive deployment of these products in medical applications is the nontoxic and
Advanced Wound Care Market 2019 | Growth, Status and Forecast by 2025
The global advanced wound care market size is expected to reach USD 13.5 billion by 2025, at a CAGR of 5.0% during the forecast period, according to a new report by Global market insights, Inc. Europe advanced wound care market will experience 5.0% growth during the analysis period. Germany, UK, and France represents mature markets in Europe while Spain, Netherland, Belgium, Austria are forecasted to witness high CAGR. Aging demographics
Vascular Graft Market | Industry Analysis, Size, Share, Growth by 2024
Vascular graft market size is anticipated to exceed US$ 3.6 bn by 2024, states Global Market Insights, Inc. in its latest research report. Prominent industries involved in vascular graft market are Becton Dickinson (C.R. Bard), B. Braun, Cryolife (Jotec), Cook Medical, Endologix, Getinge AB, LeMaitre Vascular, Medtronic PLC, Terumo GmbH and W.L. Gore and Associates. These prominent business players are focusing on strategic mergers, new product launch and acquisitions to
Pharmacovigilance Outsourcing Market 2019 | Dynamics, Forecast, Analysis and Sup …
U.S. pharmacovigilance outsourcing market size dominated North America region and was valued at USD 783.2 million revenue in 2017 and is estimated to witness similar trend during the forthcoming years. The high growth is attributed to strong foothold of major pharma and medical device companies coupled with extensive drug development activities in the U.S. Moreover, high healthcare expenditure in the country and growing concern regarding drug safety and adverse drug

All 5 Releases


More Releases for USD

Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of