Global Halogen-Free Flame Retardant Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global halogen-free flame retardant market will account to reach an estimated USD 4.31 billion in 2017 growing at a CAGR of 8.44% during the forecast period of 2019 to 2026.

Global Halogen-Free Flame Retardant Market

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Global Halogen-Free Flame Market

To make the materials like plastics, paints, coatings etc. more fire resistant they are usually mixed with material called Halogen-free flame retardants. Today, this material is widely used in the plastic industry due to its flame resistant property. These days there is increase in the adoption of friendly flame retardants which is the major factor fueling the growth of this market

Segmentation: Global Halogen-Free Flame Market

Global halogen- free flame market is segmented on the basis type, application, end-use and geography.

By Type (Aluminum Hydroxide, Organo-Phosphorus Chemicals, Others), Application (Polyolefin, Epoxy Resins, UPE, PVC, Rubber, ETP, Styrenics, Others), End-Use Industry (Electrical & Electronics, Building & Construction, Transportation, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Recent Developments

  • In April 2017, LANXESS announced that they had completed the acquisition of Chemtura. With this acquisition LANXESS has acquired the global leader of flame retardant and associated lubricants.
  • In February 2016, J.M. HUBER CORPORATION announced they had completed the acquisition of Martinswerk brand of Albemarle Corporation. With this acquisition HUBER has enhanced its product and services portfolio for fire retardants.

Key Market Competitors: Global Halogen-Free Flame Retardant Market

Few of the major competitors currently working in the halogen-free flame retardant market are J.M. HUBER CORPORATION, Clariant, LANXESS, Albemarle Corporation, ICL, Nabaltec AG, BASF SE, Akzo Nobel N.V., Italmatch Chemicals S.p.A., Dongying Jingdong Chemical Co. Ltd., Kisuma Chemicals, RTP Company, Amfine Chemical Corporation, Arkema, KPL International Limited, and Axipolymer Incorporation.

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