Precision Business Insights has published a report on the global flame retardants market, estimating its value at USD 9,145 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.8% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/flame-retardants-market
The flame retardants market is the global industry that produces and applies chemical compounds to materials such as plastics, textiles, electronics, and building components to prevent or delay the start and spread of fires.
Drivers:
- Rising Construction Activity: Urbanization and infrastructure development, especially in Asia-Pacific, are increasing demand for fire-safe building materials.
- Growth in Electronics & Appliances: The proliferation of consumer electronics and smart devices requires flame-retardant components to ensure safety compliance.
The global flame retardants market segmentation:
1) By Type: Alumina Trihydrate, Brominated Flame Retardants, Antimony Trioxide, Phosphorous Flame Retardants, and Others
2) By Application: Unsaturated Polyester Resins, Epoxy Resins, PVC, Rubber, Polyolefins, and Others
3) By End-Users: Construction, Automotive & Transportation, Electronics, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the flame retardants market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the flame retardants market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Clariant, Lubrizol Corporation, LANXESS, ICL Group, BASF SE, Albemarle Corporation, Jiangsu Yoke Technology Co. Ltd, RTP Company Clariant, Nabaltec AG, Celanese Corporation, Green Chemicals SpA, Kisumu Chemicals, Dow, Akzo Nobel N.V.
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