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.
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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
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)
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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Global Halogen-Free Flame Retardant Market – Industry Trends and Forecast to 2026