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Non-Halogenated Flame Retardants Market Size,Growth 2021 Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2023
Posted on May 5 2021 9:00 AM
"Non-Halogenated Flame Retardants Market Research Report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Non-Halogenated Flame Retardants Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status with Forecast Period 2021-2023.
Global Non-Halogenated Flame Retardants Market Research Report study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds impact on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.Non-Halogenated Flame Retardants Market Research Report is highly research-intensive, powered by high R & D investment, and it possesses a strong product analysis to maintain growth and ensure long-term revenue generation.
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Non-Halogenated Flame Retardants Market report offers a comprehensive view regarding the competitive landscape of the Non-Halogenated Flame Retardants market and includes a deep description of performance by some of the key global players completing in the market. It offers a list of latest updates of several business strategies including mergers, acquisitions, partnerships, product launch, expansion of production units, and collaborations adopted by these major global players. The report provides a clear picture regarding R & D investment from key players and adoption of innovative technologies to widen their consumer base and expand the existing competitive position. Moreover, the report offers a detailed information about the position, scope of growth, and opportunities of new entrants or players in the market.
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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 companyâ€™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 Porterâ€™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
Customization of the Report
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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 2021-2023. To calculate the market size, the report considers new installations or sales and subscription payments of Non-Halogenated Flame Retardants.
Regional Market Analysis:
The Non-Halogenated Flame Retardants Market report includes Global & Regional market status and outlook 2021-2023. Further, the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Global Non-Halogenated Flame Retardants Market 2021-2023, 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.
- Growing research activities coupled with new product launches.
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- High Opportunity in the Industry
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- Complications associated with Non-Halogenated Flame Retardants procedures.
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Key Attentions of Non-Halogenated Flame Retardants Market Report:
- The report offers a comprehensive and broad perspective on the global Non-Halogenated Flame Retardants market.
- The market statistics represented in different Non-Halogenated Flame Retardants segments offers complete industry picture.
- Market growth drivers, challenges affecting the development of Non-Halogenated Flame Retardants are analyzed in detail.
- The report will help in the analysis of major competitive market scenario, market dynamics of Non-Halogenated Flame Retardants.
- Major stakeholders, top companies Non-Halogenated Flame Retardants, investment feasibility and new market entrants study is offered.
- Development scope of Non-Halogenated Flame Retardants in each market segment is covered in this report. The macro and micro-economic factors affecting the Non-Halogenated Flame Retardants market
- Advancement is elaborated in this report. The upstream and downstream components of Non-Halogenated Flame Retardants and a comprehensive value chain are explained.
Some Major Points from Toc :-
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
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
6.1.4 Democratic Republic of Congo
6.2 Consumption Analysis (Market Size, Growth and Forecast)
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
6.2.2 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
6.2.4 South America
18.104.22.168 Rest of South America
6.2.5 Middle East & Africa
22.214.171.124 South Africa
126.96.36.199 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)
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