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Non-Halogenated Flame Retardants Market Size 2021 Share, Global Trends, Comprehensive Research Study, Development Status, Opportunities, Future Plans, Competitive Landscape and Growth by Forecast 2024
Posted on Mar 15 2021 6:50 AM
"Non-Halogenated Flame Retardants Market is drafted for providing the interested readers with the crucial information related to the Non-Halogenated Flame Retardants industry. The report is basically a combination of both primary level market data as well as secondary level data related to the Non-Halogenated Flame Retardants Market.
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Global Non-Halogenated Flame Retardants Market research report contains the fundamentals produced and advancements by different application Share and the latest trend gaining momentum in the market that increases awareness about Non-Halogenated Flame Retardants market.Moreover, this report includes the approximate study of different segments in terms of overall growth, development, opportunity, business strategies, procedures etc. for the forecast period of 2024. Non-Halogenated Flame Retardants Market Report provides a Pin-Point analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
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The Non-Halogenated Flame Retardants Market Share 2021 presents competitive environment such as key competitors, key trends, expansions, future trends and acquisitions in the market.The Non-Halogenated Flame Retardants Market Growth Report also provides in-depth information of major key players, segmentation and applications and geographically analysis and contains information about Industry overview, Definition, Specifications, raw material and Suppliers, Cost Structure Analysis, RandD Status and Technology Source. Non-Halogenated Flame Retardants market report presents the proficient and detailed analysis of the present situation of industry.
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The global non-halogenated flame retardants market is expected to register a CAGR of 6.18% during the forecast period, 2018 to 2023. North America was the largest market, accounting for almost 39% of the global market share in 2017.
Rising Consumer Electrical and Electronic Goods Manufacturing in Asia-Pacific region
Recently, the electrical and electronic goods industry has been witnessing an increasing demand for militarized electronics; and flame-retardants are increasingly being used in all kinds of electronics. Of late, most of the electronic manufacturers are outsourcing their production to low-cost countries in Asia, especially China, Taiwan and other South-East ASEAN countries, and a few other countries from different regions. This shift is more pronounced in segments where there is greater involvement of labor, such as manufacturing of passive electronic components, semiconductor assembly, and testing operations. Furthermore, the demand for consumer electronic products is rising in the region, owing to the increasing demand middle class population coupled with growing household incomes, particularly in emerging markets in Asia. Thereby, providing easy access to the huge market. As a result, many brand owners and contract manufacturers have established production capacity in, or are shifting capacities to Asia-Pacific region.
In 2017, electrical and electronics segment dominated the global market with a market share of more than 30%.
Phosphorous Non-Halogenated Flame Retardants to dominate the Global Market
Red phosphorus is an effective flame retardant used in the form of polyamides, polycarbonates and polyesters owing to its thermal stability and non-toxic nature. With growing concerns over harmful nature of halogen-based flame retardants, much research is now focused toward halogen-free flame retardants, which has led to the development of various aromatic phosphates. Among these, triphenyl phosphate (TPP), resorcinol bis (diphenyl phosphate) (RDP) and bisphenol-A bis (diphenyl phosphate) (BDP) have achieved great commercial success in recent years and have been actively replacing the traditional flame retardants. BDP or bridged aromatic diphenyl phosphates, such as resorcinol BDP and bisphenol-A BDP, possess greater thermal stability, low volatility and higher efficiency, which have found a broad range of applications and have a fast growing market. Another actively reported group of compounds are the metal salts of dialkylphosphonic acid as well as calcium hypophosphite, which have recently been found to be particularly effective in poly (butylene terephthalate) and polycarbonate.
North America to dominate the market through 2023
United States dominated the North America market in 2017, owing to the growth in the end-user industries such as building and construction. United States, which has the largest construction industry in North America is growing at an alarming rate with market expected to cross USD 460 billion in residential sector and USD 700 billion in the non-residential sector. The industry is primarily being driven by the continuous investments in office buildings, highways and, street projects. The electronics industry in the country is declining; however, the electronic hardware market is experiencing good growth. This is expected to add to the demand for non-halogenated flame retardant chemicals market.
Key Developments in the Market
August 2017: FRX Polymers, a manufacturer of polymeric halogen-free flame retardant solutions, announced the availability of the company’s Nofia non-halogenated polyphosphonates, which will serve as a replacement for antimony (ATO) in brominated flame retardant systems
April 2017: LANXESS successfully completed the acquisition of US-based Chemtura, a leading manufacturer of flame retardant chemicals, aiding LANXESS in expanding their customer base in both North America and China
The major key players in the market are NABALTEC AG, HUBER ENGINEERED MATERIALS, BASF SE, ICL, DAIHACHI CHEMICAL INDUSTRY CO., LTD, CLARIANT AG, DIC CORPORATION, and CHEMTURA CORPORATION; while other players include APEXICAL INC., DSM N.V., DOWDUPONT, ETI MADEN, ITALMATCH CHEMICALS S.P.A., JIANGSU YOKE TECHNOLOGY CO., LTD, MPI CHEMIE B.V., LANXESS, NIPPON CARBIDE INDUSTRIES CO., INC. (SANWA CHEMICAL CO., LTD.), NYACOL NANO TECHNOLOGIES, INC., RIN KAGAKU KOGYO CO., LTD., RTP COMPANY, SHANDONG BROTHER SCI. & TECH. CO., LTD, SUMITOMO CORPORATION, THOR COMPANY, AND TOR MINERALS INTERNATIONAL INC.
Reasons to Purchase this Report
Market definition, along with the identification of factors instrumental in changing the market scenario and prospective opportunities
Various market perspectives, with the help of Porter’s five forces analysis
Regions or countries that are expected to witness the fastest growth during the forecast period
Information about the industry application segment which is going to dominate the market over the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
3 months analyst support along with the Market Estimation sheet in excel
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Covered in this report
The Report Covers the Present Scenario and the Growth Prospects of the Global Non-Halogenated Flame Retardants Market for 2021-2024. To calculate the market size, the report considers new installations or sales and subscription payments of Non-Halogenated Flame Retardants.
The market is divided into the following segments based on geography:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- Germany
Global Non-Halogenated Flame Retardants Market 2021-2024, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market Trend
- Growing research activities coupled with new product launches.
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Market Driver
- High Opportunity in the Industry
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Market Challenge
- Complications associated with Non-Halogenated Flame Retardants procedures.
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Key questions answered in this report
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Some Major Points from Toc :-
1. Introduction
1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness Porter's Five Forces Analysis
3.2.5 Degree of Competition
3.3 Price Analysis
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. Market Segmentation and Analysis (Market Size, Growth & Forecast)
5.1 By Product Type
5.2 By Application
5.3 By End-user Industry
6. Regional Market Analysis
6.1 Production Analysis
6.1.1 Australia
6.1.2 Bolivia
6.1.3 Brazil
6.1.4 Democratic Republic of Congo
6.1.5 Indonesia
6.1.6 Malaysia
6.1.7 Myanmar
6.1.8 Peru
6.1.9 Russia
6.1.10 Thailand
6.1.11 Vietnam
6.1.12 Others
6.2 Consumption Analysis (Market Size, Growth and Forecast)
6.2.1 Asia-Pacific
6.2.1.1 India
6.2.1.2 China
6.2.1.3 Japan
6.2.1.4 South Korea
6.2.1.5 Rest of Asia-Pacific
6.2.2 North America
6.2.2.1 United States
6.2.2.2 Canada
6.2.2.3 Mexico
6.2.2.4 Rest of North America
6.2.3 Europe
6.2.3.1 Germany
6.2.3.2 United Kingdom
6.2.3.3 France
6.2.3.4 Italy
6.2.3.5 Austria
6.2.3.6 Rest of Europe
6.2.4 South America
6.2.4.1 Brazil
6.2.4.2 Argentina
6.2.4.3 Rest of South America
6.2.5 Middle East & Africa
6.2.5.1 UAE
6.2.5.2 South Africa
6.2.5.3 Rest of Middle East & Africa
7. Future of the Market
8. Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Company Profiles (Overview, Financials**, Products & Services, and Recent Developments)
10. Disclaimer
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