Latest industry survey by Fact MR, predicts Aerospace Flame Retardant Coating Additives sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The report offers actionable and valuable market insights of Aerospace Flame Retardant Coating Additives. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Aerospace Flame Retardant Coating Additives Market across various industries and regions.
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Key takeaways of Global Flame Retardant Coating Additives Market
- Global flame retardants coating additives market is anticipated to create a value opportunity of around US$ 200 Mn during the forecast period, adding 1.5X times more value as compared to 2019.
- Market consolidation is set to affect the flame retardant coatings additive market by the end of 2029, with Bromine accounting for more than 30% of the market. Intermediate functions are projected to grow at just over 3% CAGR, as they are key agents for the production of flame retardants. Bromine flame retardants are set to decline at a faster pace by 1.8X
- Phosphorus is set to grow at a sluggish 3% during the forecast period of 2019-2029 and is set to gain 800 BPS through 2029.’
- Europe holds the leading share and accounts for 20,000 tons of flame retardant coatings additive production to cater to the requisite demand from flame retardant producers in Europe.
- South Asia & Oceania and East Asian markets are set to grow at a steady pace, due to near absence of demand from these regions
- Global flame retardants coatings additives market is highly consolidated in nature with BASF AG, Lanxess AG, DuPont and Clariant AG as top contenders in the global market
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Flame Retardant Coating Additives Market Segmentation
Fact.MR has studied the flame retardant coating additives market with detailed segmentation on the basis type, end-use and key regions.
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More Valuable Insights on Aerospace Flame Retardant Coating Additives Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Aerospace Flame Retardant Coating Additives, Sales and Demand of Aerospace Flame Retardant Coating Additives, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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