Noida Chronicle

Global Flame Retardants Market Size 2022-2027 | A $12.7 Billion Opportunity – IMARCGroup.com

 Breaking News
  • No posts were found

Global Flame Retardants Market Size 2022-2027 | A $12.7 Billion Opportunity – IMARCGroup.com

November 23
14:25 2022
Global Flame Retardants Market Size 2022-2027 | A $12.7 Billion Opportunity - IMARCGroup.com
Global Flame Retardants Market Research Report 2022 to 2027
The global flame retardants market reached a value of US$ 8.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2027, exhibiting a CAGR of 6.9% during 2022-2027.

IMARC Group has recently released a new research study titled “Flame Retardants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” offers a detailed analysis of the global flame retardants market, drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the flame retardants industry?

The global flame retardants market reached a value of US$ 8.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2027, exhibiting a CAGR of 6.9% during 2022-2027.

What is a flame retardants?

Flame retardants are substances utilized for extinguishing fire or preventing the outbreak of fire. They comprise various classes of chemicals, such as chlorine, bromine, antimony oxides, aluminum hydroxide, molybdenum compounds, zinc, magnesium oxides, organic phosphate esters, phosphates, halogenated phosphorus, and inorganic phosphorus-containing salts. They also consist of graphene, graphite, nitrogen compounds, silicon-based materials, and tin. They are added to materials or applied on surfaces to restrict combustion. They are used as coatings on furniture to enhance their safety and make them fireproof. They also assist in coating carpets, curtains, mattresses, and fabrics to protect them from sparks and flames of a fire.

Flame retardants find extensive applications in manufacturing various electronics and electrical devices, such as laptops, smartphones, computers, and televisions (TVs), and cables and wires of numerous household appliances. They are applied on various parts of automobiles, trains, and airplanes, such as seats, seat covers, overhead compartments, and bumpers, to make them resistant to fire and maintain the safety of passengers. They reduce the amount of heat released from fire and smoke produced due to combustion. As flame retardants enhance the safety of combustible materials and products, they find extensive applications in residential, commercial, and construction sectors across the globe.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/flame-retardants-market/requestsample

What are the major market drivers in the flame retardants market?

The rising demand for flame retardants in coating industrial machinery and electrical devices to reduce fire-related hazards and improve the safety of workers currently represents one of the key factors driving the market. Besides this, the escalating demand for flame retardants in the automotive industry to coat seats and other parts of vehicles worldwide is propelling the growth of the market. In addition, the growing utilization of products made from plastics, foam, and composites in the residential and commercial sectors across the globe is positively influencing the market. Apart from this, the rising application of flame retardants to enhance fire safety standards of buildings is strengthening the growth of the market.

Additionally, there is an increase in the employment of electronic appliances, such as air fryers, microwaves, ovens, washing machines, and vacuum cleaners, to achieve efficiency and convenience in household chores. This, coupled with the rising demand for electronic devices, such as laptops, computers, and TVs, to access the internet, stream media, and play video games, is contributing to the growth of the market. Furthermore, key market players are investing in research and development (R&D) activities to introduce flame retardants with sustainable and non-toxic properties.

Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/flame-retardants-market

Flame Retardants Market 2022-2027 Competitive Analysis and Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global flame retardants market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type, application and end use industry.

Breakup by Type:

  • Alumina Trihydrate
  • Brominated Flame Retardants
  • Antimony Trioxide
  • Phosphorus Flame Retardants
  • Others

Breakup by Application:

  • Unsaturated Polyester Resins
  • Epoxy Resins
  • PVC
  • Rubber
  • Polyolefins
  • Others

Breakup by End Use Industry:

  • Construction
  • Wires and Cables
  • Automotive and Transportation
  • Electrical and Electronics
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape:

The major players in the market are

  • Almatis GmbH
  • BASF SE
  • Borealis GmbH (OMV Aktiengesellschaft)
  • Budenheim Ibérica S.L.U
  • Campine NV
  • Clariant AG
  • Dover Chemical Corporation (ICC Industries Inc.)
  • Dow Inc.
  • ICL Group Ltd
  • Lanxess AG
  • Otsuka Chemical Co. Ltd.
  • RTP Company (Miller Waste Mills Inc.).

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Top Trending Reports (Book Now with 10% Discount + COVID-19 Scenario):

Social and Emotional Learning Market by Component (Solution, Services) by Type (Web-based, Application) by End User (Pre-K, Elementary School, Middle and High School) Industry Opportunity and Growth Analysis.

Social Robots Market by Component (Hardware, Software, Services) by Technology (Machine Learning, Computer Vision, Context Awareness, Natural Language Processing) by End Use Industry (Healthcare, Education, Media and Entertainment, Retail, Others) Industry Opportunity and Growth Analysis.

Business Process-as-a-Service (BPaaS) Market by Process (Human Resource Management, Accounting and Finance, Sales and Marketing, Supply Chain Management, Digital Asset Management, Others) by Deployment Mode (Private, Public, Hybrid) by Organization Size (Small and Medium-sized Enterprises, Large Enterprises) by Industry Vertical (Banking Financial Services and Insurance, Healthcare, Government, IT and Telecom, Manufacturing and Retail, Others) Industry Opportunity and Growth Analysis.

Magnetic Beads Market by Type (Cells, Pathogenic Microorganisms, Nucleic Acids, Peptide, Protein, Others) by Magnetic Core (Superparamagnetic, Ferrimagnetic) by Size (Less than 5 μm, 5-20 μm, 20-40 μm, 40 μm and Above) by Application (Next-Generation Sequencing, Biomolecules Separation and Purification, Molecular and Immunodiagnostics, Others) Industry Opportunity and Growth Analysis.

Machine Learning as a Service (MLaaS) Market by Component (Software, Services) by Organization Size (Small and Medium-sized Enterprises, Large Enterprises) by Application (Marketing and Advertising, Fraud Detection and Risk Management, Predictive Analytics, Augmented and Virtual Reality, Natural Language Processing, Computer Vision, Security and Surveillance, Others)  by End User (IT and Telecom, Automotive, Healthcare, Aerospace and Defense, Retail, Government, BFSI, Other) Industry Opportunity and Growth Analysis.

Pet Insurance Market by Policy (Illnesses and Accidents, Chronic Conditions, Others) by Animal (Dog, Cat, Others) by Provider (Public, Private) Industry Opportunity and Growth Analysis.

Epoxy Curing Agent Market by Product Type (Amines, Polyamides, Anhydrides, Others) by Application (Composites, Paints and Coatings, Adhesives and Sealants, Electrical and Electronics, Others) by End User (Building and Construction, Transportation, Wind Power, Aerospace, Marine, Others) Industry Opportunity and Growth Analysis.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

Related Articles