The flame retardants market is fueled by increasing demand from industries such as construction, automotive, and electronics to enhance fire safety compliance. Regulatory pressures are pushing manufacturers toward eco-friendly, non-halogenated flame retardants. Advancements in flame retardant chemistries are improving performance while reducing environmental and health impacts. The construction boom in emerging markets and growing use in electronic devices are further driving the market.
According to the research report, the global flame retardants market was valued at USD 6.87 billion in 2021 and is expected to reach USD 10.63 billion by 2030, to grow at a CAGR of 5.1% during the forecast period.
Flame Retardants
- Rising demand from the construction and automotive industries for fire safety compliance.
- Increasing adoption of non-halogenated and eco-friendly flame retardants due to environmental regulations.
- Growth in applications in electronics and electrical industries for fire-resistant components.
- Development of advanced flame retardant chemistries to enhance material performance and safety.
- Expanding market demand in emerging economies due to increased infrastructure development.
- Albemarle Corporation
- Akzo Nobel
- BASF SE
- Chemtura Corporation
- Clariant International Ltd.
- DOW
- Eastman Chemical Company
- Israel Chemicals Ltd
- Hangzhou Lingrui Chemical Co. Ltd.
- Hongbaoli Group Co. Ltd.
- Huntsman International Llc
- Lanxess AG
- Muby Chemicals
- Nabaltec AG
- Sasol Limited
Growth Factors:
• Market dynamics:All the key factors and major developments anticipated to boost the growth of the market are covered in the study.
• Technological evolution:The report offers a thorough understanding of the emerging technologies that can influence the Flame Retardants market demand.
• Innovation pathways: The study covers where innovations can take the market in the mid to long term.
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The Geographical Analysis Covers Following Key Regions:
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and the rest of South America)
• The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
Flame Retardants Market Segmentation:
Flame retardants are segmented by type, application, and region. Types include brominated, chlorinated, phosphorus, and non-halogenated, with non-halogenated seeing significant growth due to environmental regulations. Applications span construction, automotive, electronics, and textiles, with construction leading due to fire safety compliance. North America and Europe lead due to strict safety standards, while Asia-Pacific grows rapidly with increasing construction activities.
Flame Retardants Market, Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Brominated
- Nitrogen
- Chlorinated
- Phosphorous
- Antimony Oxide
- Aluminum Trihydrate
- Others
Flame Retardants Market, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Polyolefin
- Epoxy
- PVC
- Rubber
- Others
Flame Retardants Market, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)
- Automotive and Transportation
- Textile
- Electrical & Electronics
- Construction
- Others
Flame Retardants Industry Developments:
In August 2022, Imerys launched ImerShield performance minerals, designed for flame retardant applications in polymers. These products enhance the efficacy of flame retardants while reducing their required loading levels, improving overall performance.
In April 2022, BASF expanded its polyphthalamide portfolio by introducing flame retardant grades that offer increased thermal stability and electrical insulation. These non-halogenated products improve the reliability of electrical components, offer enhanced colorability and stability, and are ideal for applications in consumer electronics, vehicles, e-mobility parts, and miniature circuit breakers.
In May 2022, LG Chem developed a new fire-retardant plastic intended for use in batteries. Made from polyphenylene oxide and polyamide resin, the company began the process of acquiring patents in the United States, South Korea, and select European regions for this innovative product.
In September 2022, Lanxess AG introduced a non-halogen flame retardant for use in glass fiber-reinforced polymers, primarily targeting the electrical and electronics industries to improve safety and performance.
In July 2022, BASF SE partnered with THOR GmbH, a company specializing in firefighting products. This collaboration strengthens BASF’s portfolio of non-halogenated flame-retardant chemicals, further enhancing its offerings for fire safety applications.
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