Report Details-
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
Market Analysis and Insights : Global Halogen-Free Flame Retardant Market
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.
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.
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
Ø J.M. Huber Corporation,
Ø Clariant,
Ø LANXESS,
Ø Albemarle Corporation,
Ø ICL,
Ø Nabaltec AG, BASF SE,
Ø Akzo Nobel N.V.,
Ø Italmatch Chemicals S.p.A.,
Ø DuPont,
Ø Dongying Jingdong Chemical Co. Ltd.,
Ø Kisuma Chemicals,
Ø Sarex, RTP Company,
Ø Celanese Corporation,
Ø Amfine Chemical Corporation,
Ø Arkema,
Ø KPL International Limited, and
Ø 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.
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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.
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Major TOC of the Report
· INTRODUCTION
· MARKET SEGMENTATION
· MARKET OVERVIEW
· EXECUTIVE SUMMARY
Get TOC of the Report:- https://www.databridgemarketresearch.com/toc/?dbmr=global-halogen-free-flame-retardant-market
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