The term flame retardants subsumes a diverse group of chemicals which are added to manufactured materials, such as plastics and textiles, and surface finishes and coatings. Flame retardants are activated by the presence of an ignition source and are intended to prevent or slow the further development of ignition by a variety of different physical and chemical methods. They may be added as a copolymer during the polymerisation of a polymer, mixed with polymer at an moulding or extrusion process or, in particular for textiles, applied as a topical finish. Mineral flame retardants are typically additive while organohalogen and organophosphorus compounds can be either reactive or additive.
According to QYR’s analysts, the concentration of Flame Retardant Chemicals industry is relative low. The top ten companies accounted for about 28.89% production volume market share in 2017. The major production regions mainly locate in Europe, USA, Japan and China. And the major manufacturers are included Albemarle, ICL, Clariant, Lanxess, Nabaltec, BASF, Dow, and others.
The global production of Flame Retardant Chemicals increases from 2517 K MT in 2013 to 2975 K MT in 2017, and expect to grow at a CAGR of 6.3% from 2017 to 2024. The major manufacturers mainly concentrate in Europe, North America, Japan and China. In 2016, China Flame Retardant Chemicals production share was about 17.34%. Europe production share took 17.06% and Japan production share also took 4.83%. China took about 46.94%.
Flame Retardant Chemicals are important chemicals which can be used for Building & Construction, Electronics & Appliances, Wire & Cable, Automotive and others. The largest end use for Flame Retardant Chemicals, accounting for about 28.57% of consumption in 2017, is in Wire & Cable. The use of Flame Retardant Chemicals in Wire & Cable was a fast-growing application.
Currently, many companies use Aluminum hydroxide, Red phosphorus, Phenol/Bisphenol A, Phosphorus oxychloride, Magnesium Hydroxide, Bromine as the raw material of Flame Retardant Chemicals. The manufacturing processes are natural product refining method and chemical synthesis method.
There are companies adding new capacities and aim at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Flame Retardant Chemicals market will become more intense.
According to this study, over the next five years the Flame Retardant Chemicals market will register a 7.9% CAGR in terms of revenue, the global market size will reach US$ 13600 million by 2024, from US$ 8610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Flame Retardant Chemicals business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Flame Retardant Chemicals market by product type, application, key manufacturers and key regions and countries.
This study considers the Flame Retardant Chemicals value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Organic Flame Retardant Chemicals
Inorganic Flame Retardant Chemicals
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Building & Construction
Electronics & Appliances
Wire & Cable
Automotive
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Albemarle
ICL
Clariant
Lanxess
Nabaltec
BASF
Dow
Adeka
J.M. Huber Corporation
AkzoNobel
Daihachi Chemical
3M
Kyowa Chemical Industry
Momentive
Jiangsu Yoke Technology
Zhejiang Wansheng
Jinan Taixing Fine Chemical
Hangzhou JLS
Shandong Brother
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Flame Retardant Chemicals consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Flame Retardant Chemicals market by identifying its various subsegments.
Focuses on the key global Flame Retardant Chemicals manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Flame Retardant Chemicals with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Flame Retardant Chemicals submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Flame Retardant Chemicals . Industry analysis & Market Report on Flame Retardant Chemicals is a syndicated market report, published as Global Flame Retardant Chemicals Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Flame Retardant Chemicals market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.