Stringent Regulations Related to Fire Safety and Need to Enable Fire Retardancy in Polymers are the factors expected to drive the Global Flame Retardant Thermoplastics Market in the forecast period of 2019 to 2026

Drivers: Global Flame Retardant Thermoplastics Market

Stringent Regulations Related to Fire Safety

Need to Enable Fire Retardancy In Polymers

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Restraint

High Loading Levels of Flame Retardants

Opportunity

Growth in Flame Retardant Thermoplastics Usage in Automotive & Electronics Industry

Challenge

Development of Alternatives

Market Trends:

Global flame retardant thermoplastics market is segmented into three notable segments which are type, coating and application.

  • On the basis of type, the market is segmented into acrylonitrile butadiene styrene (ABS), polypropylene (PP), polyamide (PA), PBT/PET – thermoplastic polyesters, PC – polycarbonate, PC/ABS – polycarbonate/acrylonitrile butadiene styrene blends, PPO – polyphenylenoxide, others. In 2019, polyamide (PA) segment is expected to dominate the global flame-retardant thermoplastics market.
  • On the basis of coating, the market is segmented into alumina trihydrate, brominated flame retardants, antimony trioxide, phosphorus flame retardants, others. In 2019, brominated flame retardants segment is expected to grow with the highest CAGR of 5.3% in the forecast period of 2019 to 2026.
  • On the basis of application, the market is segmented into industrial, building & construction, transportation, electronics & electrical, consumer goods, pharmaceuticals, agriculture, oil & gas, others.

Major Players: Global Flame Retardant Thermoplastics Market

Some of the prominent participants operating in this market are A SABIC, Covestro AG, LyondellBasell Industries Holdings B.V., Solvay, EMS-CHEMIE HOLDING AG, Mitsubishi Engineering-Plastics Corporation, LOTTE ADVANCED MATERIALS CO., LTD., LATI Industria Termoplastici S.p.A., Idemitsu Kosan Co.,Ltd., Radici Partecipazioni SpA, Trinseo, LG Chem., TORAY INDUSTRIES, INC., TORAY INDUSTRIES, INC.,  LANXESS, RTP Company, Dow, BASF SE, PMC Group, Inc., PolyOne, DSM, DuPont, and Asahi Kasei Corporation among others.