Global Halogen-Free Flame Retardant Market, By Product Type (Aluminum Hydroxide, Organo-Phosphorus Chemicals, Others), Resin Type (Polyethylene, Polypropylene, Epoxy, Unsaturated Polyesters, Polyvinyl Chloride, Styrenics, Engineered Thermoplastics, Rubber, Others), End Users (Electrical and Electronics, Building and Construction, Transportation, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Halogen-free flame retardant market size is valued at USD 9.77 billion by 2028 and is expected to grow at a compound annual growth rate of 8.94% for the forecast period of 2021 to 2028. Data Bridge Market Research report on halogen-free flame retardant market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Halogen-free flame retardants are the type of compounds or materials that are mixed with the different end-use materials such as plastic, textiles, paints and coatings to craft the products flame resistant. Halogen-free compounds are largely used due to their better chemical properties as usage of halogen causes caustic smoking during combustion.
The strict government rules against toxic halogenated flame retardants have highly influenced growth of the halogen-free flame retardant market. In line with this, the increasing use of polymers in the automobile industry along with the stringent fire safety guidelines are also acting as a key determinant favoring the growth of the halogen-free flame retardant market over the forecast period of 2021 to 2028. Also the, growing concerns regarding human health, associated with the growing awareness of the need for environmental protection has resulted in the ban of several halogen-based flame retardants across the world which is also positively impacting the growth of the halogen-free flame retardant market. The major factor accountable for the growth of the market is the various regulations and safety measures regarding fire safety. Beside this, the increasing consciousness amongst consumers about toxic emissions release by fire is also flourishing the growth of the halogen-free flame retardant market. However, the high loading levels of mineral-based flame retardants and easy availability of alternate products may act as key restraint towards halogen-free flame retardant market growth rate in the forecast period of 2021 to 2028, whereas the lower performance of these retardant when compared to the halogenated flame retardants have the potential to challenge the growth of the halogen-free flame retardant market in the above mentioned forecast period.
Furthermore, the introduction of more efficient synergist compounds, emerging economies and increasing demand for consumer electronics across the world will further offer a variety of growth opportunities for the halogen-free flame retardant market in the above mentioned forecast period.
This halogen-free flame retardant market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on halogen-free flame retardant market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Halogen-Free Flame Retardant Market Scope and Market Size
Halogen-free flame retardant market is segmented on the basis of product type, resin type and end users. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the halogen-free flame retardant market is segmented into aluminum hydroxide, organo-phosphorus chemicals and others. Others have further been segmented into nitrogen, zinc, magnesium hydroxide and borates.
- Based on resin type, the halogen-free flame retardant market is segmented into polyethylene, polypropylene, epoxy, unsaturated polyesters, polyvinyl chloride, styrenics, engineered thermoplastics, rubber and others.
- The end users segment for halogen-free flame retardant market is segmented into electrical and electronics, building and construction, transportation and others.
Halogen-Free Flame Retardant Market Country Level Analysis
Halogen-free flame retardant market is analyzed and market size, volume information is provided by country, product type, resin type and end users as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the halogen-free flame retardant market because of the large market share of China along with the rapid industrialization within this region. Europe is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rapid technological advancements coupled with increasing application scope of flame retardant within this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Halogen-Free Flame Retardant Market Share Analysis
Halogen-free flame retardant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to halogen-free flame retardant market.
The major players covered in the halogen-free flame retardant market report are J.M. Huber Corporation, Clariant, LANXESS, Albemarle Corporation, ICL, Nabaltec AG, BASF SE, Akzo Nobel N.V., Italmatch Chemicals S.p.A., DuPont, Dongying Jingdong Chemical Co. Ltd., Kisuma Chemicals, Thor, Sarex, RTP Company, Celanese Corporation, Amfine Chemical Corporation, Arkema, KPL International Limited, and Axipolymer Incorporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Halogen-Free Flame Retardant Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.